Senior Manager, Investment Operations & Compliance

Ontario Power Generation; Toronto; On-site; CAD 129,000 - 206,000; Full time

Job summary

An established industry player is seeking a dynamic Senior Manager for Investment Operations & Compliance. This role involves leading a significant portfolio, ensuring operational efficiency, and maintaining compliance with fund policies. The ideal candidate will possess strong communication and problem-solving skills, with a deep understanding of investment management. Join a forward-thinking organization committed to sustainability and innovation, where your contributions will help shape the future of energy in Ontario. This is an exciting opportunity to make a meaningful impact in a diverse and inclusive environment.

Qualifications

• 10+ years in investment management, preferably in supervisory roles.
• Strong knowledge of investment operations and financial reporting.
• Proficient in Excel, SQL, and data analysis tools.

Responsibilities

• Lead operations for a $50 billion portfolio, ensuring compliance and efficiency.
• Manage relationships with internal teams and external service providers.
• Oversee financial activities and maintain internal controls.

Skills

Investment Management

Communication Skills

Financial Reporting

Problem Solving

Attention to Detail

Collaboration

Education

4-year University Degree in Finance, Accounting, or Business Administration

Chartered Public Accountant (CPA)

Chartered Financial Analyst (CFA)

MBA

Tools

Excel

SQL

Python

Job description

Senior Manager, Investment Operations & Compliance

Join to apply for the Senior Manager, Investment Operations & Compliance role at Ontario Power Generation

Senior Manager, Investment Operations & Compliance

Join to apply for the Senior Manager, Investment Operations & Compliance role at Ontario Power Generation

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Status: Regular Full Time

Working Conditions: On-site

Education Level: A 4 year University Degree in Finance, Accounting, Business Administration or a related field. Chartered Public Accountant (CPA), Chartered Financial Analyst (CFA), or MBA considered an asset

Base Location: Toronto ON

Shifts(s): Days

Travel: 10%

Deadline to Apply: April 30, 2025.

Salary Range: $129,000.00 - $206,000.00 Per Year

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

Job Overview

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-drivenprofessional to join our team in the role of Senior Manager, Investment Operations & Compliance.

Reporting to the Managing Director, Portfolio Strategy and Investment Risk, this position is responsible for leading the operations function in supporting OPG’s Fund Management Group which oversees a portfolio of over $50 billion across the OPG pension fund and nuclear segregated funds (together, “the Funds”), comprising the 10th largest portfolio of assets in Canada.

Key responsibilities of this role include ensuring the overall operational efficiency of the investment program, compliance with overall fund level policies and legislation, maintaining overall fund policies and procedures, and developing and maintaining the operational due diligence framework for investment mandates. The successful candidate will demonstrate strong communication and problem-solving skills, be able to manage multiple responsibilities in a fast-paced environment, and have the ability to collaborate with internal and external stakeholders.

Key Accountabilities

• Manage internal and external Committee and Board meetings in respect of the Funds, including the preparation of meeting agenda and materials, coordinating with administrative staff on timelines and attendance, and presenting materials related to investment operations.
• Work closely with other members of Fund Management and internal business partners such as Corporate Accounting, Human Resources, Legal, Nuclear Waste Management Division, Risk Services and Taxation on Fund level operational, financial, and compliance functions. Manage relationships and monitor service quality of external service providers contracted by the Funds, including implementation of oversight procedures, conducting performance assessment and providing feedback.
• Manage the cash flow and liquidity needs of the Funds' financial activities. Oversee the payables/receivables functions for the Funds.
• Work closely with key investment managers, custodians, and other service providers in carrying out their operational, compliance, and operational due diligence activities for the Funds.
• Ensure suitable internal controls are established, maintained and improved in order to ensure integrity of the Funds' financial systems, and safeguard the Funds' financial assets. Lead and oversee all aspects of annual audits carried out in connection with the Funds' financial or operational activities (annual financial audit, ICOFR audit, or operational/internal audit).
• Assist Corporate Accounting/External Reporting with the preparation and review of the Funds' financial statements and related material disclosed or otherwise included in OPG's financial statements. Lead and coordinate all necessary internal certification over financial records on behalf of Fund Management.
• Manage various vendor systems and maintain integrity of the data used by Fund Management.
• Develop and maintain the budget for Fund Management, and for the Funds.
  
  

Qualifications

• A minimum of 10 years of experience in investment management is required, with a preference for candidates who have held supervisory roles
• Communication and collaboration: strong verbal and written communication skills, with the ability to interact with internal teams and external stakeholders effectively
• Advanced knowledge of financial and management reporting, including external financial reporting and disclosure requirements, taxes (corporate, personal and commodity), audit, financial analysis
• Strong understanding of investment operations: comprehensive knowledge of investment products, portfolio management processes, and trade settlement cycles
• Capital markets experience: familiarity with capital markets, including equity, fixed income, derivatives, and alternative investments
• Understanding of investment management and associated risks, including asset allocation, performance measurement, and investment strategies across multiple asset classes (equities, fixed income, alternative investments, etc.)
• Advanced Excel and technical skills: proficiency in Excel (e.g., pivot tables, macros), and familiarity with data analysis or database management tools (SQL, Python, or similar)
• Attention to detail: strong organizational skills with a keen eye for accuracy, particularly when working with large data sets and managing competing priorities
  
  

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

OPG is committed to fostering an inclusive, equitable, and accessible environment. If you require accommodation during the application or interview process, please contact [e-mail].

What makes a career at OPG different?

With operations across Ontario and the United States, OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet approximately 50% of the province’s electricity needs, largely from low-carbon sources like nuclear and hydro.

As we work to achieve our vision of Electrifying life in one generation, OPG and our family of companies are also helping advance the development of new low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives to help power the growing demands of a growing economy. Join OPG and make history.

Please submit your applicationonline at jobs.opg.com.OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management and Manufacturing

• Industries

  Utilities

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