Job Description

We are looking for an Associate Director to join our Private Markets Investment Risk team in Toronto.

Under the leadership of the Managing Director and Head of Private Markets Investment Risk, the team provides investment risk management advisory and oversight for Private Markets including Infrastructure and Private Equity (Buyout, Green-tech & Growth Equity, Strategic Holdings, Life Sciences and Ventures) portfolios and represents OMERS on Oxford\xe2\x80\x99s Real Estate Investment Committee on investments above certain thresholds. The Private Markets Investment Risk team works closely with the broader investment, asset management, Strategy, Legal & Compliance and Finance teams, and collaborates across the entire Risk function, to assess risks and integrate effective risk management practices to support investment decision making with the ultimate goal of promoting a robust risk culture that encourages transparency, appropriate constructive challenge and dialogue.

You will work with and learn from a diverse team, collaborate with different groups across OMERS, and provide insights to decision-makers. If you\'re a self-starter with relevant experience and strong problem-solving skills, we encourage you to apply!

This is a unique opportunity to join a lean team that offers you the ability to:

Obtain visibility with Executive and Risk Leadership, including the CIO and CRO through the development and presentation of insights with transaction risk reviews and/or portfolio risk reviews

Develop a deep understanding of the private assets portfolio while working with and learning from seasoned investors and risk professionals in one of the premier direct investments platforms.

As a member of our team, you will be responsible for:

Performing transaction risk reviews for new investments and dispositions across Private Equity and Infrastructure by working closely with the risk and investment teams to ensure key risks are properly identified, well understood, and incorporated into the investment assumptions.

Drafting transaction risk memos that are submitted to the Head of Private Equity or Infrastructure, the Transaction Advisory Committee (TAC), and/or the Board Investment Committee (IC), discussing the key risks and assessing the implications of the proposed investments/dispositions for the broader portfolio.

Performing market analysis and conducting asset and portfolio risk reviews while collaborating with risk leadership, investment, asset management, Strategy, Legal & Compliance and Finance teams to ensure a thorough and thoughtful evaluation of portfolio risk. Identify trends and emerging risks within portfolios and prepare impactful presentations to communicate findings to different audiences (e.g., Head of Private Equity or Infrastructure, CIO, CRO, and others).

Develop a variety of fundamental and quantitative analytics and create top-down and bottoms-up financial models to stress test investments and forecast portfolio performance / sensitivities under different scenarios.

Ongoing tracking and monitoring of existing investments. Review and/or assignment of risk ranks / ratings for watch-listing purposes.

Engage on a variety of projects / initiatives and provide subject matter expertise collaborating with risk analytics, total plan, capital markets and enterprise risk to ensure private markets risks are well understood, accurately modeled, reported and incorporated in OMERS appropriate governance and oversight processes.

Provide support in coaching, training and development of analysts and associates of the private market risks team.

To succeed in this role, you should have:

5 to 12 years of experience in a high-performance role with measurable results.

Risk, investing or consulting / advisory experience in one or more private markets asset classes (PE, Infra, Real Estate or Private Credit) with a strong understanding of financial statement analysis, valuation methodologies, performance metrics, benchmarks, and portfolio construction concepts.

A university degree in a quantitative field, such as business, finance, economics, or mathematics.

Strong analytical, quantitative, organizational skills and attention to detail, while adhering to tight deadlines.

Experience with data analysis and familiarity with statistical concepts.

Ability to work autonomously as well as part of a team and collaborate across OMERS.

Outstanding sense of emotional ownership and strong work ethic.

Excellent communication, data visualization and presentation skills with an ability to communicate quantitative and market concepts succinctly and complex information in a digestible format to senior audiences.

Highly skilled in Excel with proficiency in utilizing financial software and tools (e.g. Bloomberg and/or Capital IQ) for data sourcing and analysis.

A graduate degree, CFA, FRM and/or CAIA designation are a plus.

Equity research and/or corporate credit analysis experience is a plus.

Knowledge of Power BI for creating insightful data visualizations and interactive financial dashboards and coding skills (Python, R, MatLab, etc.) is a plus.

Our story:

Founded in 1962, OMERS is one of Canada\xe2\x80\x99s largest defined benefit pension plans, with $127.4 billion in net assets as at June 30, 2023. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children\xe2\x80\x99s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe \xe2\x80\x93 serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

Omers