Operational Due Diligence Associate Analyst

Albourne; Toronto; Hybrid; CAD 60,000 - 70,000; Full time

Benefits offered by this job

Competitive salary

Discretionary bonus scheme

Flexible work options

Generous paid time off

Professional development opportunities

Wellness programs

Collaborative team environment

Job summary

A leading investment consulting firm in Toronto is seeking an Operational Due Diligence Associate Analyst. This role is perfect for new graduates interested in alternative investments and operational risk. Candidates will support assessments of non-investment operational risks and prepare research reports for clients. The firm offers a collaborative environment, competitive salary of CAD $60,000 to $70,000, and flexible work options including hybrid arrangements. Join a team dedicated to operational excellence within the investment sector.

Qualifications

• University graduate or equivalent required.
• Previous internship or relevant professional experience is a plus.
• Proficiency in Microsoft 365 and AI tools needed.

Responsibilities

• Attend meetings to support evaluations of alternative investment managers.
• Review fund financial statements to create client recommendations.
• Prepare clear reports in line with deadlines.

Skills

Proficiency in Microsoft 365

Strong verbal and written communication skills

Advanced time management and multitasking skills

Professional demeanor

Interpersonal skills

Education

University graduate or equivalent

Working towards CFA, CAIA, CPA

Tools

Excel

Power BI

Microsoft Teams

Job description

The Role

We are seeking an Operational Due Diligence (ODD) Associate Analyst to join our team in Toronto. This role is ideal for new graduates or early-career professionals interested in alternative investments and operational risk identification.

In this role, you will support the assessment of non-investment operational risks within investment managers' businesses and help prepare written research reports for clients. You will also be at the forefront of the AI transition by assisting with transformation of the function. This is a great opportunity to join a growing team and gain exposure to a wide range of fund structures and strategies within a collaborative, fast-paced environment.

Company Overview

Albourne is an industry-leading investment consultant with offices around the globe. Our firm of 600+ employees provides advisory services to investors, including institutional investors, financial intermediaries and family offices, on over $700 billion in alternative investments across the liquidity spectrum. We specialize in Hedge Funds, Private Equity, Private Credit, Real Assets, Real Estate and Alternative Risk Premia.

Albourne empowers its clients by providing Portfolio Advice, Research (Investment, Operational and Quantitative Due Diligence), Analytics (Data and Tools) and Implementation (Middle and Back Office) services. We are committed to non-discretionary advice, fixed fee pricing, and independence.

Albourne strives to be a sustainable company with three main goals:

1) Aspiring to be a multi-generational firm with broad internal ownership and a Partnership structure 2) Treating our employees and clients fairly; and 3) Advocating for positive change for its benefit and for the alternative investment industry – best practices have always been a defining part of who we are.

Responsibilities

• Attend ODD meetings with Analysts and Senior Analysts to support the evaluation of assigned alternative investment managers, with a particular focus on analyzing operational risk and internal controls. Responsibilities include examining documentation, reviewing staff and organizational structure, and assessing information systems and technology infrastructure.
• Review and interpret alternative investment fund financial statements, offering documents, and other fund literature to create investment recommendations for clients.
• Liaise with fund service providers to ensure timely receipt of information on the funds for completion of the relevant reports.
• Monitor assigned funds on an ongoing basis and update written reports to reflect changes in fund operations.
• Prepare clear, accurate, and concise reports and recommendations in line with client and management deadlines.
• Identify and analyze trends in data systematically, leveraging data mining techniques to provide actionable insights.
• Support the development and sharing of best practices for operational due diligence (ODD) by participating in internal discussions and facilitating knowledge transfer within the ODD team, as well as among clients and investment managers.
• Participate in project work to enhance the due diligence process and broader company initiatives.
• Contribute to the client newsletter and intranet and assist with the production of white paper research for distribution to clients.

Desired Qualifications

• University graduate or equivalent
• Previous internship or relevant professional experience is an asset
• Working towards or possession of a professional designation (e.g., CFA, CAIA, CPA) is an asset
• Proficiency in Microsoft 365 (including Excel, PowerPoint, Word, Outlook, Teams) and Microsoft Copilot and/or other AI tools. Experience with Power BI is an asset
• Strong verbal and written communication skills in English
• Proactive self-starter with advanced time management and multitasking skills
• Professional demeanor and strong interpersonal skills
• Willingness and ability to travel to the U.S. and internationally, as required
• Competitive total rewards including a discretionary bonus scheme and optional GRSP with employer contributions
• Flexible work options, with hybrid arrangements available where possible
• Generous paid time off, inclusive of vacation leave
• A focus on professional development through internal learning opportunities, support for relevant certifications, and a dedicated internal mentorship program
• Wellness programs and sponsored volunteering opportunities
• A welcoming culture that embraces diversity and fosters equity and belonging for all
• Office celebrations, events, and weekly social hours
• Casual dress and a collaborative, collegial team environment

Job Pay Transparency

CAD $60,000.00 to $70,000.00 per annum base salary

Job Type

Full-time, Hybrid

Work Authorization

Must be eligible to work in Canada

Vacancy Status

This job posting is to fill an existing vacancy

Please click the following link to view Albourne Partners (Canada) Limited's Employee Privacy Notice.

Albourne is an equal opportunity employer and values diversity in its workforce, encouraging applications from all qualified individuals.

Albourne Partners (Canada) Limited (APCA) is in full compliance with the AODA.

APCA will accommodate applicants’ disability-related needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process. Any assessment and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities, upon request. If you require a disability-related accommodation in order to participate in the recruitment process, please contact HR.

You need to be legally eligible to work in Canada at the location specified above and, where applicable, must have a valid work or study permit.

Albourne thanks all applicants, but only successful candidates will be contacted.