Operational Due Diligence Associate Analyst (New Grad Opportunity)
Albourne Partners (Canada) Limited
366 Adelaide Street West, Toronto, Ontario
The Role
We are seeking an Operational Due Diligence (ODD) Associate Analyst to join our team in Toronto. This role is ideal for new graduates or early-career professionals interested in alternative investments and operational risk identification.
In this role, you will support the assessment of non-investment operational risks within investment managers' businesses and help prepare written research reports for clients. You will also be at the forefront of the AI transition by assisting with transformation of the function. This is a great opportunity to join a growing team and gain exposure to a wide range of fund structures and strategies within a collaborative, fast-paced environment.
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 Associate Analyst, you will:
- Attend ODD meetings with Analysts and Senior Analysts to support the evaluation of 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.
- Review and interpret alternative investment fund financial statements, offering documents, and other fund literature to create investment recommendations for clients.
- Liaise with fund service providers to ensure timely receipt of information on the funds for completion of the relevant reports.
- 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 in line with client and management deadlines.
- Identify and analyze trends in data systematically, leveraging data mining techniques to provide actionable insights.
- Support the development and sharing of best practices for ODD by participating in internal discussions and facilitating knowledge transfer within the ODD team, as well as among clients and investment managers.
- Participate in project work to enhance the due diligence process and broader company initiatives.
- Contribute to the client newsletter and intranet and assist with the production of white paper research for distribution to clients.
Desired Qualifications
- A completed undergraduate degree in business, commerce, finance, accounting, economics, or a related discipline
- Previous internship or relevant industry experience is an asset
- Familiarity with alternative fund strategies/structures and U.S. GAAP accounting is considered an asset
- 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
- Proficiency in Microsoft 365 (Excel, PowerPoint, Word, Outlook, Teams) is required; experience using AI tools such as Microsoft Copilot is a strong asset
- Strong written and verbal communication skills in English
- Working towards or planning to pursue a relevant designation (CFA, CAIA) is considered an asset
- Ability to work under tight deadlines and manage multiple priorities effectively
- Optimal interpersonal skills with the ability to collaborate cross-functionally
- Willingness and ability to travel to the U.S. and internationally, as required
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 $60,000.00 to $75,000.00 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.
