Analyst - Fund Finance Operations
- Toronto, ON, Canada
$60,000 to $65,000 CAD / year · Full-time
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Job details
- Pay
- $60,000 to $65,000 CAD / year
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Validus Risk Management is looking for an Analyst to join its Fund Finance Operations team. The team was established a year ago and is now in a phase of build and growth. The team supports the management and administration of fund finance facilities for private capital clients.
You will get hands-on experience with subscription lines, NAV facilities and other fund-level financing structures. These facilities support private equity, private credit and alternative investment strategies. The role sits where capital markets, private funds and credit infrastructure meet. You will learn facility mechanics, lender coordination, borrowing base reporting and day-to-day operational oversight.
The role suits a recent graduate or an early-career professional who wants to build a career in fund finance, private credit or capital markets operations.
Requirements
Facility Operations & Cash Management
Education
You will get hands-on experience with subscription lines, NAV facilities and other fund-level financing structures. These facilities support private equity, private credit and alternative investment strategies. The role sits where capital markets, private funds and credit infrastructure meet. You will learn facility mechanics, lender coordination, borrowing base reporting and day-to-day operational oversight.
The role suits a recent graduate or an early-career professional who wants to build a career in fund finance, private credit or capital markets operations.
Requirements
Facility Operations & Cash Management
- Support the day-to-day operational management of subscription line and NAV facilities
- Monitor facility utilisation and borrowing base availability
- Assist with drawdowns, repayments, rollovers, interest and fee calculations, and settlement instructions
- Reconcile facility balances against internal systems and lender statements
- Support treasury activities linked to fund-level financing
- Help prepare and review borrowing base certificates
- Track financial covenants and eligibility criteria under facility agreements
- Escalate breaches or discrepancies promptly and in a structured way
- Support periodic lender reporting
- Work with fund managers, lenders, administrators and internal teams
- Support documentation tracking and facility amendments
- Keep clear records and audit trails of facility activity, communications and approvals
- Keep facility data accurate across the relevant systems
- Carry out reconciliations and control checks to reduce operational risk
- Help make reporting more efficient and automate processes
- Help document procedures and strengthen operational controls
Education
- A bachelor's degree in Finance, Economics, Mathematics, Accounting or a related subject
- Up to two years' experience in financial services (e.g. fund administration, banking operations, loan agency, fund accounting or audit) is advantageous but not required. Recent graduates are encouraged to apply
- Strong numerical and analytical ability
- High attention to detail and awareness of controls
- Good Excel skills, including financial calculations and data analysis
- Ability to read financial statements and credit agreements (an advantage)
- Familiarity with AI tools, with ideas on how to use them to streamline business processes (an advantage)
- Organised and process-driven
- Communicates clearly and is comfortable dealing with lenders and internal stakeholders
- Prioritises well when working to deadlines
- Curious and motivated to build expertise in fund finance
- Positive and proactive, and takes ownership of their work
- The chance to join a growing team early and help shape its processes, controls and tools
- Comprehensive training to build your knowledge of fund finance and facility operations
- Hands-on exposure to a growing area of private markets from day one
- Hybrid working: three days in the office and two from home. For the first few weeks you will be in the office full time for training
- Validus assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $55,000 and $70,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualised basis, including as to experience and market location, and is only part of the Validus total compensation package, which, depending on the position, may also include, generous bonus, and Company-sponsored benefit programs
- Performance bonus linked to agreed success criteria - paid semi annually
- 20 days' holiday (increasing to 25 with tenure) plus bank holidays
- Private health insurance (including dental, optical and mental health)
- Travel insurance
- Learning & development allowance and support for professional qualifications
- No AI is used to screen, assess or select applicants
- #AP1
More about this job
Responsibilities
Support the day-to-day administration of subscription line and NAV facilities, including utilization monitoring, drawdowns, repayments, reconciliations, borrowing base certificates, covenant tracking, and lender reporting. Coordinate with fund managers, lenders, administrators, and internal teams while maintaining accurate records, strengthening controls, and improving reporting processes.
Requirements
A bachelor's degree in Finance, Economics, Mathematics, Accounting, or a related subject is sought, and up to two years of financial services experience is advantageous but not required. Candidates should have strong numerical and analytical ability, attention to detail, good Excel skills, clear communication, and an organized, proactive approach; familiarity with financial statements, credit agreements, and AI tools is an advantage.
Skills
- Fund Finance Operations
- Facility Operations
- Cash Management
- Subscription Lines
- NAV Facilities
- Borrowing Base Reporting
- Covenant Monitoring
- Financial Reconciliation
- Treasury Support
- Lender Coordination
- Financial Analysis
- Excel
- Financial Statement Analysis
- Credit Agreement Review
- Process Improvement
- Operational Controls
Benefits
- Performance Bonus
- 20 Days' Holiday, Increasing to 25 Days With Tenure
- Bank Holidays
- Private Health Insurance
- Dental Insurance
- Optical Insurance
- Mental Health Coverage
- Travel Insurance
- Learning And Development Allowance
- Professional Qualification Support
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Administrative
Keywords
- Fund Finance
- Private Capital
- Private Equity
- Private Credit
- Alternative Investments
- Subscription Lines
- NAV Facilities
- Fund-Level Financing
- Facility Operations
- Cash Management
- Facility Utilization
- Borrowing Base
- Borrowing Base Certificates
- Financial Covenants
- Eligibility Criteria
- Drawdowns
- Repayments
- Rollovers
- Interest Calculations
- Fee Calculations
- Settlement Instructions
- Treasury
- Lender Reporting
- Facility Amendments
- Reconciliations
- Operational Risk
- Audit Trails
- Excel
- Financial Statements
- Credit Agreements