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Investment Management Corporation of Ontario (IMCO) logo

Associate, Private Markets Operations

Hybrid
Toronto, Ontario, Canada
CA$70,000 - CA$100,000/annual
Mid Level
CONTRACTOR

Top Benefits

Competitive salary range CAD 70k-100k
Hybrid work model with office-first approach
Accommodation for people with disabilities

About the role

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm. This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise. If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you. ‎ This is a 12 month contract opportunity. Reporting to the Manager, Private Markets Operations, the Associate will be primarily responsible for providing support to the team, as it pertains to the ongoing operations and administration of the Private Equity & Global Credit portfolio. The Associate’s primary responsibility will be the end-to-end lifecycle of Global Credit investments, and on-going support of these investments (including investment closings, administrator oversight, valuations, reporting). As a Member of Our Team, You Will be Responsible For: Facilitate investment closings by ensuring completeness of all necessary documentation and appropriate authorizations are in place. Support the day-to-day operations of Private Equity & Global Credit portfolios, including assisting with securities set up, trade processing, settlements, ongoing asset servicing and investment accounting. Reconcile investment level financial statements and information to internal accounting records. Review valuation reports and models to ensure that appropriate valuations are recognized/recorded and liaise with external vendors to satisfy queries/issues. Participate in the Global Credit solution implementation including data migration and testing/validation. Prepare routine and ad-hoc requests made by internal/external stakeholders. Prepare financial statement note support and reporting schedules for year-end purposes. Partner with various stakeholders (e.g. Performance, Data, Front Office, etc.,) to ensure quality reporting is produced on a timely basis. Liaise with external clients to meet information and reporting requirements. Assist other Private Operation teams as needed. Other duties as assigned. What you need to succeed: A university degree in Accounting, Business, Finance or a related discipline is required. CPA, CFA, and/or AACI designation (or working towards the designation) an asset. 3+ years of experience in investment management, with direct experience working in Investment Finance or Investment Operations. Experience in the asset management industry is preferred. Knowledge of Private Market Investments and Private Market Valuations (Private Equity and Global Credit) is preferred. Exceptional problem-solving and researching skills with a strong attention to detail. Strong accounting skills with an ability to interpret and understand financial statement information received from General Partners and third-party administrators. Ability to consistently deliver quality outputs in a fast-paced environment, with an ability to work to tight deadlines and the capability to handle multiple projects and ad-hoc requests simultaneously. Strong written communication skills with the ability to explain complex issues in a clear and compelling manner and present information to internal stakeholders. Strong interpersonal skills with the ability to interact with colleagues at all levels and cultivate key partnerships to work collaboratively with internal and external stakeholders as well as third-party administrators. Demonstrated ability to be proactive and take initiative to understand, support and implement goals and objectives. Experience with system implementation an asset. Knowledge of accounting standards (IFRS, Pension Accounting) an asset. ‎ The base salary range for this position is CAD $70,000.00 - $100,000.00. The placement within the range is determined by the range of market pay for the specific position, as well as the candidate's knowledge, skillset and experience relative to the requirements of the position and to internal peers. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you with the specific details for this position. ‎ We thank all applicants for their interest. Only those selected for an interview will be contacted. Our hybrid work model prioritizes an office-first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in-office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing. IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs. Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team. Candidates being considered for this position will be required to undergo background screening. The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $90.7 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public-sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.

About Investment Management Corporation of Ontario (IMCO)

Financial Services
201-500

The Investment Management Corporation of Ontario (IMCO) manages $77 billion of assets on behalf of its clients. IMCO’s mandate is to provide broader public sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors.

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