Manager, Investments
University of Waterloo
- Waterloo, ON
- $90,849-113,561 per year
- Permanent
- Full-time
- Primary day-to-day contact for investment service providers, including investment managers, brokers, performance measurement, and custodial services
- Manage and maintain accounts with investment services providers, including signing authorities, reporting access, and Know Your Client/compliance submissions
- Monitor and report on investment performance to Finance Senior Team and in support of reporting to Board subcommittees
- Review investment portfolios and ensure compliance with University investment policies and risk tolerances
- Review and recommend updates to investment policies, guidance and procedures
- Coordinate investment actions, based on Board subcommittee and investment signing authority approvals
- Complete initial reviews of investment contracts and/or contract amendments, highlighting issues/concerns and making recommendations to the Director, Treasury
- Manage the preparation of financial statements for the University’s registered pension plan, and act as the primary contact for the annual pension audit
- Provide recommendations to the Director, Treasury for expendable fund investments
- Maintain cash flow and investment income analysis related to various investment mandates
- Manage monthly and year-end investment processes, workbooks, accounting entries and related auditor requests
- Maintain an action plan for the University’s responsible investment activities, compliant with Board subcommittee work plans and University policies
- Measure and report on carbon metrics within University investment portfolios, and track against University objectives and commitments
- Engage with consultants, investment managers, businesses and collaboration groups, as necessary, to communicate the University’s commitment to, and positions on, responsible investing
- Manage the preparation and submission of annual reporting, in line with the University’s membership in the UN Principles for Responsible Investment
- Work to develop an annual responsible investment report with the intent for public consumption
- Work with the Director, Treasury to set annual expendable rate for the University endowment program
- Analyze endowment investments to project annual revenues and cash flows, and make recommendations to Senior Finance Team where required to ensure endowment objectives are met
- Work with the Office of Advancement to ensure appropriate reporting to University endowment donors
- Manage year-end endowment accounting processes and workbooks, and facilitate related auditor requests
- Serve on or act as a resource to committees and working groups, as required
- Participate in and support other department projects, as required
- Provide backup to other Finance functions, as required
- Develop productive, collaborative working relationships with colleagues
- Contribute to a culture of continuous improvement in terms of efficiencies and leveraging financial systems capabilities and new technologies
- University undergraduate degree preferably in Accounting, Business or Finance
- Chartered Professional Accountant (CPA) designation from CPA Canada
- Chartered Financial Analyst (CFA) would be an asset
- Minimum 5 years’ experience in an accounting/finance/investment-related environment
- Minimum 3 years of experience managing/coaching staff and/or providing administrative leadership
- Demonstrated experience in financial and investment analysis/reporting
- Previous experience with a significant financial system/ERP preferred
- Experience in higher education, public sector, or other not-for-profit environment preferred
- Direct experience in working with financial services providers preferred
- General knowledge of capital markets and impacting market forces
- Demonstrated ability to communicate and collaborate effectively with individuals at all levels of an organization
- Superior ability to communicate technical and financial information and concepts to a broad range of stakeholders
- Demonstrated ability to work in cross functional teams and strong skills in building and maintaining constructive relationships
- Excellent interpersonal and communication skills including verbal, listening, written and presentation skills
- Conceptual thinker with strategic planning skills and initiative
- Demonstrated leadership and mentoring skills
- Solid analytical ability, judgment and creative thinking skills to solve complex issues including brokering and facilitating effective solutions
- Demonstrated ability to prioritize and manage concurrent deadlines accurately and efficiently
- Exceptional attention to detail and time management skills
- Understanding of generally accepted accounting principles and their application to not-for profit organizations
- Works independently with a strong work ethic
- Strong computer skills including advanced Microsoft tools (i.e. Excel, Teams, and SharePoint)