Operational Risk Analyst Intern, Operational Due - Toronto, Canada - Albourne

Albourne

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Operational Risk Analyst Intern, Operational Due Diligence
Albourne Partners (Canada) Limited
Location: 366 Adelaide Street W, Toronto, ON M5V 1R9

Open to:
Undergraduate students in Year 2 and 3

Overview
Albourne is an investment consultant which was founded in 1994.

Albourne advises over 300 investors, including institutional investors, financial intermediaries, and family offices, on over $650 billion alternative investments across the liquidity spectrum.

It specializes in Hedge Funds, Private Equity, Private Credit, Real Assets, Real Estate and Dynamic Beta.
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 our employees and clients fairly; and 3) Advocating for positive change for its benefit and for the alternative investment industry best practices have always been a defining part of who we are.

Albournes 590+ employees are in 11 offices globally, including London, San Francisco, Connecticut, Munich, Hong Kong, Singapore, Tokyo, Toronto, Nicosia, Bahrain, and Bermuda.

Albourne is proud of its flat structure with over 90 Partners, over 75 of whom are either share or option holders.

The Team

Operational Due Diligence (ODD) is the risk assessment of operational processes at an investment manager for an overall opinion to help Albournes clients make an investment decision.

ODD is one of Albournes largest investment functions with over 130+ employees across North America, Europe, and Asia.

Albourne Partners (Canada) Limited is an important center for Albournes ODD activities, as the base for coverage of most North American alternative investment managers.

We work closely with clients to provide a thorough assessment of all non-investment-related aspects of an investment managers business.

In a typical day, we are liaising with investment managers to prepare a written research report which outlines risks and recommendations for Albournes clients.

This includes reviewing an investment managers organization, investment operations, counterparty management, financing, valuation, information security, regulatory compliance, corporate sustainability, and employment practices.

Albournes ODD Internship Program could be an exciting route for current students to get a head start on their career.

Students will spend their summer gaining technical training with databases, hands-on alternative investment markets experience, and the opportunity to work with industry specialists.

Albourne is looking to recruit successful applicants into our Toronto office for our ODD team. Summer internships will run from May through August 2023, for a total of 16 weeks.

Role Description
As an Operational Risk Analyst Intern, you will help:

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. Conduct reference checks with service providers for completion of the relevant reports.
Ensure client deliverables are prepared, reviewed, and delivered on a timely and accurate basis.
Ensure information within internal database is kept up to date and current.
Perform other ad hoc projects from time to time upon request.

Who are we looking for?

Bachelors degree Business, Commerce, Finance or Accountingrelated disciplines to be completed after August 202
Working towards designation (CPA, CFA, CAIA, CMA) is an asset.
Proficiency in Microsoft Office (Excel, PowerPoint, Word, Outlook, Teams).
Optimal interpersonal and oral communication skills with ability to work cross functionally.
Ability to work under tight deadlines with an ability to manage multiple priorities.
Exceptional written and verbal communication skills in English.
Previous internship experience is considered an asset.
Familiarity with alternative fund strategies/structures and U.S. GAAP accounting is considered an asset.

Albourne offers:

A global company that values and actively promotes diversity, equity, inclusion, and belonging.
A work culture that emphasizes learning and professional development.
Office socials and celebrations.
Sponsored charity day events and volunteering opportunities.
A collegial work environment.

Job Type:
Full-time, Hybrid

Location:
Toronto, Canada

Work authorization:
Must be eligible to work in Canada.

Albourne Partners (Canada) Limited (APCA) is in full compliance with the _AODA._
APCA will accommodate applicants' disabilityrelated 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 disabilityrelated ac