Advisor, Operational Due Diligence
PSP Investments · Montreal, Canada · 3mo ago
ABOUT US
We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.
We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.
Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
ABOUT YOUR ROLE
The Advisor, Operational Due Diligence will provide support in operational due diligence (“ODD”) efforts of external managers in public and private markets by conducting monitoring activities, focused analysis and operational due diligence reviews:
Participate in operational due diligence reviews of external managers/partners across all asset classes under ODD scope, ensuring quality, consistency and alignment with the ODD framework
Contribute to the oversight of processes, procedures and controls as well as technology platforms and third-party service providers associated with ODD
Drive the enhancement, redesign of process and/or framework, technology, roles and responsibilities that would enhance efficiency and effectiveness of the core activities
Contribute in the development of data, metrics that deliver meaningful insights and information
Proactively identify, escalate, and recommend remediation for issues and matters that may impact the risk posture of external manager relationships, engaging senior ODD team members as needed
Build and maintain strong relationships and share information with stakeholders and business partners
As an Advisor, Operational Due Diligence, you will:
Apply the ODD framework, review, analyze and assess due diligence questionnaires and supporting documentation
Coordinate, conduct or participate in operational due diligence reviews of external managers
Evaluate accounting, financial and reporting processes and controls (segregation of duties, cash management, valuation practices, trading errors, expense recharges, outsourcing, etc.)
Write and/or review due diligence reports containing comprehensive information and analyses related to the operational environment and operational risks
Participate in ongoing monitoring of external managers
Participate in/Brief and advise stakeholders on findings/recommendations, as needed
Keep abreast of compliance, operational due diligence and regulatory initiatives globally and develop sufficient expertise to evaluate and challenge third parties’ practices
Ensure and continuously improve procedures, workflows, checklists are in place and up to date for core activities; ensure controls are performed according to corporate procedures
WHAT YOU’LL NEED
University degree in accounting, finance, or a related field (or equivalent work experience)
Minimum of seven (7) years in audit, internal controls, risk or compliance
Minimum three (3) years in operational due diligence
Good understanding of financial instruments
Good understanding of the financial services sector
Good knowledge of control objectives and testing (i.e., similar to audit reviews)
Good understanding of compliance obligations of registered advisers
Strong IT process and governance background
Leadership, initiative, proactivity and forward thinking
Project management skills, flexibility, and ability to multitask and adapt to a changing environment
Strong analytical and problem-solving skills
Thoughtfulness, attention to detail and methodical approach
Diplomacy and excellent communication and relationship-management skills
Team spirit and ability to develop effective working relations based on collaboration and a positive attitude
Sense of responsibility and accountability
Strong work ethic and professional integrity
Bilingualism: English and French (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)
We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:
Investment in career development
Comprehensive group insurance plans
Competitive pension plans
Unlimited access to virtual healthcare services and wellness programs
Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance
Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
A hybrid work model with a mix of in-office and remote days
*Benefits package may vary based on your employee type.
At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.
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