Operational Due Diligence Analyst (Alternative Investments)

Operational Due Diligence Analyst (Alternative Investments)

Albourne Partners (Canada) Limited

366 Adelaide Street West, Toronto, Ontario

The Role

We are seeking an Operational Due Diligence (ODD) Analyst to join our team in Toronto. This role requires a seasoned professional with 3+ years of relevant work experience to conduct a thorough assessment of non-investment operational risks within investment managers' businesses and deliver key insights, risks, and recommendations through written reports to our clients.

Our Analysts cover a wide range of investment managers, strategies, and fund structures, ensuring a dynamic and continuous learning environment. Our ODD team members come from diverse backgrounds, including investment management, fund administration, auditing, and forensic accounting.

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 $750 billion invested in alternative assets 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), Data & Analytics, and Implementation (Middle and Back Office) services. We are committed to non-discretionary advice, fixed-fee pricing, 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 employees and clients fairly; and (3) Advocating for positive change within the alternative investment industry, where promoting transparency and best practices has always been a defining part of who we are.

Responsibilities

As an Operational Due Diligence Analyst, you will:

• Evaluate 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.
• Conduct on-site interviews with investment managers to discuss operational risks, internal controls, and information systems, as well as verify the existence of assets.
• 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 to clients, in line with client and management deadlines.
• Liaise with clients and investment managers with respect to ODD inquiries.
• Develop and implement company best practices for ODD and facilitate knowledge transfer within the ODD group and company, as well as among clients and investment managers.
• Participate in project work to enhance the due diligence process and broader company initiatives.
• Provide thought leadership by contributing to the client newsletter and intranet and assist with the production of white paper research for distribution to clients.
• Act as an ambassador for Albourne at industry events.
• Mentor ODD Associate Analysts in Albourne’s ODD process.
• Report potential conflicts to Compliance and work with Compliance to ensure that conflict disclosures appear on research reports.

Desired Qualifications

• 3+ years of work experience in one or more of the following areas: operational due diligence, fund due diligence, audit (including internal audit), legal and compliance, technology and information security, fund operations, fund administration, or prime brokerage
• Completed degree in business, commerce, finance, accounting, economics, or a related discipline
• Possession of, or advanced progression toward, a relevant professional qualification (e.g., CFA, CAIA, CPA)
• Proficiency in Microsoft 365 (Excel, PowerPoint, Word, Outlook, Teams) is required; experience using AI tools such as Microsoft Copilot is preferred
• Exposure to data analytics, data mining, or data science methodologies is considered an asset, as is experience using tools such as VBA, Python, and Power BI
• Strong written and verbal communication skills in English
• Proactive self-starter with advanced time management and multitasking skills
• Optimal interpersonal skills with the ability to collaborate effectively
• Willingness and ability to travel to the U.S. and internationally

Albourne Offers

• Competitive total rewards including a discretionary bonus scheme and optional GRSP with employer contributions
• Flexible work options, with hybrid arrangements available where possible
• Generous paid time off, inclusive of vacation leave
• A focus on professional development through internal learning opportunities, support for relevant certifications, and a dedicated internal mentorship program
• Comprehensive health benefits including dental, vision, and mental health support
• Wellness programs and sponsored volunteering opportunities
• A welcoming culture that embraces diversity and fosters equity and belonging for all
• Office celebrations, events, and weekly social hours
• Casual dress and a collaborative, collegial team environment

Job Pay Transparency: CAD $80,000.00 to $115,000.00 per annum base salary

Job Type: Full-time, Hybrid

Location: Toronto, Ontario, Canada

Work Authorization: Must be eligible to work in Canada

Vacancy Status: This job posting is to fill an existing vacancy

Please click the following link to view Albourne Partners (Canada) Limited's Employee Privacy Notice.

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.