Investment Operations Manager

Role Summary:

This position manages the operational aspects related to the investment portfolio of CRICO, collaborating with department members and reports to the Chief Investment Officer. S/he also participates in planning and preparing for Committee meetings and other tasks and attends to requisite follow-up items.

Key Duties & Accountabilities:

• Manage investment operations and recommend changes to policies and processes.
• Lead the operational due diligence efforts as it relates to new investments and monitor operational risks associated with existing investments.
• Oversee the process of ensuring portfolio obligations are settled accurately and promptly.  
• Develop processes to manage and monitor portfolio exposures and counterparties.
• Ensure accuracy of periodic reporting and reconciliations of portfolio valuations and performance, as well as strategic benchmarks.
• Maintain and monitor relationships with service providers (custodian, performance reporting, investment managers, etc.).
• Assist in the facilitation of internal and external audit as it relates to portfolio investments.
• Maintain current AML/KYC documentation for CRICO and deliver accurate support materials to managers as needed.
• Coordinate manager onboarding including subscription documents, custodial platform, and other systems/reports. Ensure that appropriate reporting is delivered to the interested parties, internal and external.
• Manage liquidity to ensure sufficient funds exist to cover cash needs.
• Manage investment compliance.
• Collaborate with industry experts and peer groups in developing and implementing best practices in investment administration and operational risk management.
• Participates in planning and preparing for Committee and Board meetings.
• Collaborate with the Investment and Finance teams on all activities related to investment portfolio.
• Performs other related duties as required by position.

Requirements

Minimum Requirements:

Knowledge, Education, Experience, & Skills:

• Bachelor’s degree required.
• 5+ years’ experience in investment operations is preferred including dealing with private investments.
• Investment portfolio performance reporting experience required (experience with benchmarking a plus)
• Working knowledge of quantitative financial modelling techniques and statistics 
• A practical understanding of legal and accounting issues with experience reviewing investment contracts would be a plus 
• Advance proficiency in MS Excel, Word, Outlook, PowerPoint, and other business software