Operational Due Diligence Associate Analyst

Albourne America, LLC; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading investment consultant in Toronto seeks an Operational Due Diligence Associate Analyst to evaluate operational risks and prepare research reports. This role is ideal for recent graduates or early-career professionals interested in alternative investments, offering exposure to diverse fund structures in a collaborative environment.

Benefits

Competitive salary and annual discretionary bonus scheme

Paid vacation time

Comprehensive group health coverage

Registered retirement savings program

Wellness programs and sponsored volunteering opportunities

Company social hours and celebrations

Qualifications

• Proficiency in Microsoft Office 365 and AI tools.
• Strong verbal and written communication skills in English.
• Relevant internship or professional experience is considered an asset.

Responsibilities

• Support evaluation of alternative investment managers focusing on operational risk.
• Prepare clear, accurate reports and recommendations.
• Monitor assigned funds and update reports reflecting operational changes.

Skills

Communication

Time Management

Interpersonal Skills

Data Analysis

Education

University graduate or equivalent

Tools

Microsoft Office 365

Power BI

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' businessesand 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, fixedfeepricing, 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

As an Operational Due Diligence Associate Analyst, you will:

• 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.
• Proficiency in Microsoft Office 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.
• Relevant internship or professional experience is considered an asset.
• Knowledge of alternative fund strategies/structures and U.S. GAAP is an asset.
• Working towards or possession of a professional designation (e.g., CFA, CAIA, CPA) is an asset.
• Competitive salary and annual discretionary bonus scheme
• Paid vacation time
• Comprehensive group health coverage and registered retirement savings program
• A work culture focused on continuous learning, sustainability, and fostering diversity, equity, inclusion, and belonging
• Company social hours and celebrations
• Wellness programs and sponsored volunteering opportunities
• A collegial work environment

Job Type:Full-time, Hybrid

Work Authorization:Must be eligible to work in Canada

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.

Job Title

Operational Due Diligence Associate Analyst