Investment Operations Analyst

TELUS Health is empowering every person to live their healthiest life. Guided by our vision, we are leveraging the power of our leading edge technology and focusing on the uniqueness of each individual to create the future of health. As a global-leading health and well-being provider – encompassing physical, mental and financial health – TELUS Health is improving health outcomes for consumers, patients, healthcare professionals, employers and employees.

Join our team and what we’ll accomplish together
TELUS Health Investment Management Ltd. was established to provide implemented consulting and risk management. We provide a full spectrum of investment solutions including Outsourced Chief Investment Officer (OCIO) and bundled services for investment management, asset/ liability modeling, actuarial, administration, investment policy, performance measurement, investment manager searches, governance, and both pension board/committee and member education.
Join our fantastic team of specialists in Investment Management. We are proud experts working within the investment consulting team nationally. Investment analysts play a key role in supporting client relationships and providing quality investment management services to institutional clients of various sizes.

Here’s the impact you’ll make and what we’ll accomplish together

The Analyst will be responsible for ensuring the optimal delivery of investment operations services across all clients. This position will partner with external stakeholders (investment managers, custodians, etc.) as well as internal stakeholders (compliance, portfolio managers, consultants, etc.) to ensure the effective operational support delivery.

What you’ll do 

Portfolio Monitoring & Trading

• Monitor client asset allocation on a monthly basis to ensure it is within the IPS/SIPP guidelines;

• Monitor client glide path on a monthly basis to identify potential de-risking trigger hits;

• Perform monthly client AUM reconciliations;

• Monitor client daily cash, including forecasted cash flows;

• Perform rebalancing calculations following a trigger event (IPS/SIPP/glide path);

• Prepare trade instructions once approval is received from the Portfolio Manager;

• Perform post-trade verifications;

• Assist in client portfolio transitions.

Performance Measurement and Attribution

• Prepare the performance calculation of the firm’s Alternative strategies fund;

• Prepare clients’ investment performance monitoring reports;

• Participate in various ad-hoc performance analysis.

Financial Management

• Verify clients’ investment management and custodian invoices and prepare required instructions to process those;

• Verify vendors invoices;

• Prepare monthly corporate expenses accruals and reconciliation against Finance’s records;

• Calculate monthly clients’ OCIO fees and prepare required instruction to process those;

• Perform monthly clients’ OCIO fees reconciliation against Finance’s records.

Miscellaneous

• Assist with client implementation tasks;

• Act as point of contact for counterparties and vendors;

• Assist the CCO with certain aspects of the Firm’s regulatory oversight;

• Maintain operational procedures up to date.

You have…

• Bachelor's degree in Administration, Mathematics, Actuarial Science or related field;

• CFA, MBA, ASA and/or FSA designations or working toward any of those, an asset;

• Minimum of 1 to 3 years of relevant experience in an investment management or consulting firm;

What you bring…

• Demonstrated proficiency with MS Office tools (Excel, PowerPoint, Word);

• Excellent oral and written communication skills;

• Strong attention to details;

• Demonstrates initiative to improve existing processes;

• Ability to prioritize competing demands, manage multiple concurrent tasks and adapt to changing priorities;

• Ability to analyze problems, determine and implement appropriate solutions.

Nice to Have

• Experience dealing with investment managers, custodians, lawyers, compliance personnel and securities regulators

• Experience with actuaries, consultants

• Understanding of pension plan liabilities

• Advanced Excel skills (e.g. macros)

• Bilingual (English and French)

A bit about us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world. 

TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment. We offer accommodation for applicants with disabilities, as required, during the recruitment process. 

Disclaimer:  In accordance with the TELUS Health Solutions Data Center Security Policy, as a condition of employment, all team members whose job functions require they work at a Data Center and/or have access to detailed knowledge of technology related to client service delivery, are subject to a Personnel Security Screening conducted through the Government of Canada.

The health and safety of our team, customers and communities is paramount to TELUS.  Accordingly, we require anyone joining our TELUS Health Care Centres to be fully vaccinated for COVID-19.

Note for Quebec candidates: if knowledge of English is required for this position, it is because the team member will be asked, on a regular basis, to interact in English with external or internal parties or to use English applications or software as part of their tasks.

By applying to this role, you understand and agree that your information will be shared with the TELUS Group of Companies’ Talent Acquisition team(s) and/or any leader(s) who will be part of the selection process.