Operational Due Diligence Associate Analyst

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

Job summary

A leading investment consulting firm in Toronto is seeking an Operational Due Diligence Associate Analyst. This role is ideal for recent graduates eager to explore alternative investments and operational risk. You will support assessments of investment managers and help prepare research reports while being involved in AI transition projects. Join a dynamic team and gain 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

Continuous learning culture

Wellness programs

Sponsored volunteering opportunities

Qualifications

• Advanced written and verbal communication skills in English.
• Proactive self-starter with strong time management and multitasking skills.
• Possession of, or progression toward, a relevant professional qualification is an asset.

Responsibilities

• Support evaluation of alternative investment managers focusing on operational risk.
• Review fund financial statements and create investment recommendations.
• Monitor assigned funds and update due diligence reports as needed.

Skills

Communication

Time Management

Multitasking

Interpersonal Skills

Data Mining

Education

University graduate or equivalent

Tools

Excel

PowerPoint

Word

Outlook

Teams

VBA

R

Power BI

Python

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:

• 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.
• Coordinate with fund service providers to obtain necessary documentation and conduct reference checks.
• Attend onsite and virtual ODD meetings with alternative investment managers along with Analysts and Senior Analysts for the purposes of note taking, learning, and risk identification.
• Monitor assigned funds on an ongoing basis and update due diligence reports as needed.
• Ensure information within internal databases is kept up to date and current.
• Analyze data trends using data mining techniques to support due diligence insights and reporting.
• Liaise with clients and investment managers to respond to ODD-related inquiries.
• Assist with drafting content for client newsletters, internal platforms, and white papers.
• Ensure accurate and timely preparation, review, and delivery of client-facing materials.
• Participate in project work to enhance the due diligence process and broader company initiatives.
• Support the development and sharing of best practices for ODD by participating in internal discussions and facilitating knowledge transfer within the ODD team, as well as among clients and investment managers.
• Work on other ad hoc projects from time to time upon request, including projects utilizing AI tools or advanced analytics.

Desired Qualifications

• University graduate or equivalent
  
• Advanced written and verbal communication skills in English
• Proactive self-starter with strong time management and multitasking skills
• Professional demeanor and strong interpersonal skills
• Proficiency using Excel, PowerPoint, Word, Outlook, and Teams
• Experience using AI tools or platforms such as Microsoft Copilot is considered an asset
• Possession of, or progression toward, a relevant professional qualification (e.g., CFA, CAIA, CPA) is considered an asset
  
• Working knowledge of data mining and data science methodologies is considered as asset, as is any coding experience using tools such as VBA, R, Power BI, or Python
  
• Knowledge of alternative fund strategies/structures and U.S. GAAP is an asset
• Relevant internship or professional experience is considered an asset
• Willingness and ability to travel to the U.S. and internationally, as required
• Ability to comply with terms of Albourne Compliance Manuals
• 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