Senior Analyst, Operational Due Diligence

Toronto Transit Commission Pension Fund Society; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

The Toronto Transit Commission Pension Fund Society seeks a Senior Analyst for Operational Due Diligence. This critical role involves conducting due diligence, risk assessments, and collaborating with various teams to enhance organizational objectives. The successful candidate will bring analytical expertise and a commitment to continuous improvement in a dynamic environment.

Benefits

Defined benefits pension plan

Flexible and hybrid work model

Employer-sponsored continuous learning

Comprehensive extended healthcare

Qualifications

• 5+ years of experience in public accounting, pension, consulting, or asset management industries.
• Obtained or working towards a CPA or similar designation.
• Experience with Enterprise Risk Management practices.

Responsibilities

• Ensure all investments are subject to initial and ongoing due diligence.
• Conduct ODD reviews for external fund managers.
• Develop and execute internal control testing programs.

Skills

Analytical skills

Problem-solving

Communication skills

Relationship-building

Education

Bachelor's degree in Accounting, Finance, Business Administration, Mathematics, Engineering

Tools

Microsoft Suite

VBA

Python

SQL

Tableau

Job description

Positio n title : Senior Analyst, Operational Due Diligence (ODD)

Reports to : Director, Enterprise Risk Management

Employee Status : Permanent Full-time

Work hours : 35 hours per work week

Closing Date : June 19 th , 2025

Why join the TTC Pension Plan (TTCPP)

We care about the employees who work at TTCPP and the excellent services they provide to our members! As a member of the team, you play a critical role in the success of TTCPP, by working together as we live out our values, we can meet our vision and our mission!

TTCPP is a defined benefit pension plan established in 1940 for employees of the Toronto Transit Commission, the Amalgamated Transit Union Local 113, and TTCPP. For more than 80 years, we have been providing a secure retirement income for our members. The Plan is fully funded and strong with more than 27,000 members and $9.0 billion in net assets.

• Our VISION is clear : To always be there for our members–today and for a lifetime.
• Our MISSION : Providing a financially secure retirement for our members by delivering a pension for life at a reasonable cost. Supporting our members with responsiveness, open communication and hands-on service, now and throughout their retirement.
• Our VALUES : Sustainability, Accountability, Communication, Knowledge, and Professionalism.

Position Summary

We are seeking an experienced Senior Analyst, Operational Due Diligence (ODD) to join our Finance team. This is a newly created position within our organization and will report to the Director of Enterprise & Risk Management. The Senior Analyst is responsible for ensuring that all investments are subject to initial and ongoing due diligence and risk assessments.

The Senior Analyst will also support the execution of the risk management function, including risk assessments, controls evaluation and governance review. If you have solid experience in operational due diligence and want to continue to grow your career in this space, we want to hear from you!

What will I do?

• Collaborate with Finance and the Investment team and lead the design, implementation, and continuous enhancement of a comprehensive, risk-based Operational Due Diligence (ODD) framework aligned with organizational objectives.
• Conduct ODD reviews for both existing and prospective external fund managers across hedge funds, public markets, and private funds.
• Engage with third-party ODD consultants and critically evaluate their reports.
• Manage the end-to-end documentation process, including the solicitation, organization, and review of offering documents, due diligence questionnaires (DDQs), policies, and audited financial and operational data.
• Proactively identify operational deficiencies or potential risks during ODD assessments.
• Collaborate with Risk Owners to support enterprise risk management activities, including risk identification, control development, business continuity planning, and the preparation of risk assessments and governance documentation.
• Develop and execute a robust internal control testing program to assess all risks captured in the organizational risk register.
• Deliver actionable insights and recommendations to internal stakeholders in Risk, Finance, and Investments through comprehensive written reports and verbal presentations.
• Document and escalate findings in accordance with governance standards.
• Lead initiatives aimed at enhancing ODD-related processes and controls.
• Work cross-functionally with key stakeholders to embed best-in-class practices in investment operations.
• Serve as the primary liaison for client and external investment manager inquiries related to operational due diligence, fostering open communication and ensuring timely resolution of issues.
• Maintain up-to-date knowledge of applicable regulatory requirements and evolving industry standards.
• Promote organizational compliance through regular monitoring and internal knowledge-sharing.
• Cultivate and sustain collaborative relationships with internal business partners and external fund managers, ensuring alignment on ODD objectives and expectations.
• Willingness and ability to travel domestically and internationally to conduct on-site operational due diligence meetings as required.

What will help me be successful?

Skills & Qualifications

• University degree in a recognized technical, vocational or academic program, such as a Bachelor’s degree in Accounting, Finance, Business Administration, Mathematics, Engineering, or equivalent direct work experience.
• Obtained or working towards a CPA, or a similar professional designation with a focus on assurance, preferred.
• CFA, CAIA, FRM is an asset.
• 5+ years of working experience in the public accounting, pension, consulting, or asset management industries.
• Investment operations, middle office, and / or fund accounting experience are strong assets.
• A working knowledge of financial instruments and investments.
• Prior experience generating clear and concise reports for diverse stakeholders.
• Experience analyzing large datasets, extracting meaningful insights, and identifying relevant trends.
• Experience with Enterprise Risk Management practices and internal control evaluations
• Proficiency with Microsoft Suite (i.e., Excel, Word), PowerPoint, VBA, Python, SQL and Tableau, and similar office tools.
• Excellent analytical and problem-solving skills.
• Embrace a collaborative approach, actively sharing knowledge within a team-oriented environment.
• Demonstrated relationship-building skills to build and maintain productive relationships.
• A commitment to continuous improvement, auditing and building standard and scalable processes.
• Self-driven for continuous learning and staying updated on industry best practices and emerging trends in risk management and the pension industry.
• Excellent communication skills (written and verbal), presenting and recommending direction and solutions.
• Attention to detail, to ensure quality and accurate outputs, which meet the investment team’s policies, practices and standards, and compliance with regulatory requirements.
• Demonstrated ability to work independently in a fast-paced environment, effectively managing multiple priorities and meeting deadlines.
• Demonstrate professionalism, integrity and ability to act with discretion to maintain confidentiality.

What do you offer?

• Engaging and challenging work
• Defined benefits pension plan for long-term financial security
• Flexible and hybrid work model promoting collaboration and work-life balance
• Maternity / Parental Leave top-up program
• Employer-sponsored continuous learning, professional development, and networking opportunities
• Comprehensive employer-paid extended healthcare, vision and dental benefits, including coverage for fertility treatments, mental health support, and gender affirmation support

We are committed

TTCPP is an equal opportunity employer, committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). We will provide an accessible experience for applicants, members, guests, and TTCPP employees. We are committed to providing an inclusive and barrier-free work environment.

We are also committed to fostering a diverse and inclusive workplace that encourages and welcomes all elements of diversity, including diversity of thought. If you require accommodations at any stage of the hiring process, please confidentially [emailprotected] . All information received in relation to your accommodation will be kept confidential.

How to apply

Candidates must be legally entitled to work in Canada. Any offer of employment made will be conditional upon a credit check, criminal record check and reference check.

We welcome and encourage all qualified applicants to apply. We thank all applicants interested in this opportunity; however, those selected for various stages in the hiring process will be contacted

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Due Diligence Analyst • Toronto, ON, Canada