Investment Operations Analyst

Northleaf Capital Partners; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Intermediate Analyst for their Investor Operations team in Toronto. This role is pivotal in supporting investment settlements, fund operations, and financial reporting. The ideal candidate will have a strong background in operations or accounting within financial services, particularly in private markets. You will collaborate with various teams to ensure seamless investment processes and contribute to the growth of the private credit platform. If you are analytical, detail-oriented, and eager to learn in a dynamic environment, this opportunity is perfect for you.

Qualifications

• 3+ years of operations/accounting experience in financial services.
• Completion of or enrollment in CPA or CFA is an asset.
• Strong analytical and time management skills.

Responsibilities

• Process primary and secondary transactions for settlement.
• Review cash reconciliations and investment documents.
• Create and review financial reports for accuracy.

Skills

Operations experience

Accounting experience

Knowledge of private markets

Analytical skills

Time management

Interpersonal skills

Excel proficiency

Education

Bachelor's degree in Finance or related field

CPA or CFA enrollment

Tools

Excel

PowerPoint

Financial modeling tools

Job description

Northleaf is currently recruiting for an Intermediate Analyst, Investor Operations (Investment Operations) to join their growing private credit team. This position is based in Northleaf’s Toronto office and reports to the Senior Manager, Investor Operations.

The successful candidate will work closely with the rest of the Private Credit Investor Operations team and the investment, legal, liquidity and cash management teams to complete new investment closings and support all post-investment activities in our closed ended, open ended, and custom mandate funds. The successful candidate will also work closely with the third-party fund accounting and loan administration providers.

Accountabilities

The Intermediate Analyst, Investor Operations, Private Credit (Investment Operations) will be a key contributor to the continued growth of the private credit platform. The successful candidate will play a key role in supporting the following business functions:

• Investment Settlements and Transaction Processing
• Fund Operations
• Liquidity Management
• Financial and Business Reports Preparation and Review

Specific responsibilities will include:

Investment Settlement and Transaction Processing (40%):

• Review, confirm and process primary and secondary transactions for settlement with partners and counterparties, liaising closely with the cash management, investment, and legal teams, along with the funds’ credit facility providers and third-party loan administrator
• As part of the settlement process in or outside of ClearPar, confirm all necessary documents to close and settle pending trades, including trade confirmations, assignment agreements, participation agreements, netting agreements, and funding memorandums, as required
• Ensure accurate allocation of loan investments across the private credit funds
• Prepare internal trade documents for review and sign off
• Prepare and coordinate the execution of investment-level hedging contracts with assistance from third party fx risk management provider, ensuring sufficient funds for any spot or forward transactions.
• Review the returns file from third party service providers for any investment realizations

Fund Operations (30%):

• Review of cash reconciliations, resolve any open items with the collaboration of internal and external teams
• Review investment documents and administrator trade recording to ensure deal economics are captured correctly
• Support the iLevel Portfolio Management System by reviewing and loading Portfolio and Fund data into the system
• Monthly/Quarterly review of investment holdings

Financial and Business Reports Preparation and Review (30%):

• As the subject matter expert in investments data, create new reporting to meet internal and external requirements
• For quarterly financial reporting, review Investment Portfolio and Returns reports produced by third-party administrator for completeness and accuracy
• Liaison with internal and external groups to produce more timely and reliable reporting
• Provide inputs as requested in the valuation model for certain financial instruments to help derive the fair value estimate
• Identify and implement process improvement initiatives

Qualifications

• 3+ years of operations and/or accounting experience in the financial services industry (private credit, private equity, infrastructure, alternative investment fund background preferred)
• Knowledge and interest in private markets and investments
• Completion of or enrollment in professional designations such as CPA or CFA an asset
• Intellectually curious and seeking continuous learning opportunities in a fast-paced dynamic environment
• A self-starter who is analytical and forward thinking with the ability to drill down into data and issues
• Excellent time management and organizational skills; ability to prioritize to effectively manage tasks to completion within required timeframes
• Ability to work independently and in a team environment on multiple tasks with exceptional attention to detail
• Ability to take initiative – research and/or investigate issues requiring resolution to execute on assigned tasks
• Excellent interpersonal and communications skills (verbal and written) with the ability to liaise with all levels of individuals both internally and externally
• Strong Excel skills including macros, and pivot tables
• Technical proficiency (financial modeling, Excel/PowerPoint; further skills related to use of databases and VBA programming are considered a plus)

Location

Toronto, Canada.

Contact

Interested candidates are asked to apply on Northleaf Careers. Only those selected to be interviewed will be contacted.

Northleaf Capital Partners is committed to providing an inclusive and accessible candidate experience. Should you require accommodations during the selection process, please do not hesitate to let us know and suitable arrangements will be made.

About Northleaf Capital Partners

Northleaf is a global private markets investment firm focused on mid-market companies and assets. With more than US$27 billion in capital commitments raised, Northleaf has an established, long-term track record as a principal investor in private equity, private credit and infrastructure globally.

Northleaf’s 275-person team, located in Toronto, Chicago, London, Los Angeles, Melbourne, Menlo Park, Montreal, New York, Seoul and Tokyo, is focused exclusively on sourcing, evaluating and managing private markets investments. Northleaf manages closed and open-end funds across a range of global private markets strategies and a series of separately managed accounts with customized investment strategies tailored to meet the specific needs of leading institutional investors and family offices. As part of its ambitious growth strategy, Northleaf is also developing specific private markets products and investment solutions for insurance and wealth management clients.

Northleaf’s Private Credit Program

Northleaf's growing private credit program pursues a flexible strategy to build a diversified portfolio of private credit investments, with a focus on loans to middle market companies in North America and Europe. Northleaf invests across the capital structure, including first lien, unitranche, second lien, mezzanine, subordinated debt, and equity structures. Northleaf's private credit program focuses on lending to private equity-backed businesses and leverages the firm's more than 60 active buyout fund manager relationships.

Northleaf’s global private credit investment team has relationships and expertise investing in North America and Europe and significant experience lending to a broad range of borrowers across industries. Northleaf is a value-added partner to engaged equity owners and has significant long-term relationships with private equity-backed and corporate borrowers.