Ontario Teachers' Pension Plan | Senior Manager, Valuation

What you'll do

• This position will also actively involve training and reviewing the work of junior staff.
• There is a high degree of decision making and discretion required in this role.
• This position serves as a direct resource to the Director, Valuation and is encouraged to make operational decisions.
• Valuation Knowledge – This position requires a solid understanding and application of the principles and complexities of private asset valuation.
• Verbal Communication Skills – This position requires interaction with internal management and various OTPP Investment Division teams for the purpose of completing the valuation review.
• The opportunity to invest back into the fund through our Deferred Incentive Program
• Candidates must be legally entitled to work in the country where this role is located.
• Prepare and lead all aspects of the review of “fair value” valuations prepared by OTPP’s Investment teams including the preparation of analysis and summary memorandums in respect thereof.
• Review the fair value valuations prepared by external valuation agents.
• Develop recommendations of fair value to be used for the purposes of OTPP’s financial statements.
• Support the Director, Valuation in the development, tracking and reporting of plans and timelines to ensure an effective and efficient valuation process.
• Develop the standards for reviews and the corresponding processes to be followed by the staff involved in the valuation process.
• Respond to queries/information requests from OTPP’s external auditors with respect to the private investment valuations.
• Communicate noted issues and generate solutions with respect to the valuation process or specific investment valuations to the Director, Valuation on a timely basis.
• Contribute to OTPP board reporting with respect to the results of the mid-year and year end private investment valuation processes.
• Contribute to ad-hoc projects supporting the execution of the broader Finance division strategy.
• Coordinating processes and deliverables to facilitate the execution of a smooth mid-year and year-end valuation process.
• Ensure outstanding service is provided to the Investment Division with respect to private investment valuations.
• Respond to inquiries and requests from the Investment Division including consultation on new transactions where required.
• Develop recommendations on the nature and use of external advisors including the selection of specific advisors and the scope of their review.
• Execution of terms of engagement with specific advisors.
• Establishing timelines, deliverables and reporting processes for external advisors.
• Ensuring internal information required by external advisors is provided by both the Investment Division and Finance in accordance with established timelines.
• Review and incorporation of external advisor recommendations/findings into OTPP’s recommendations on fair value.
• Ensuring outstanding service is provided by external parties.

Requirements

• Analytical Thinking and Financial Modelling Skills.
• Strong analytical thinking, variance analysis, and financial/cash flow modelling skills are important to the execution of the valuation review process.
• Effective planning and project management skills to set priorities, coordinate tasks, supervise junior staff and meet deadlines are crucial.
• Strong written communication skills are required to ensure Finance’s memoranda are written clearly and concisely, address the key valuation risks identified and adequately support Finance’s recommendation of fair value.
• Experience in private investment valuations (minimum 5 years).
• Previous experience in coaching, training and developing staff.
• Experience interacting with senior management and external advisors is critical.
• Experience in data analytics/visualization tools such as PowerBI is an asset.

Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "As one of the largest pension plans in the world, Ontario Teachers' invests strategically across key markets and sectors to deliver steady returns."

Its finance, accounts, audit and tax openings in India are mostly in Toronto.

• Industry: BFSI / Investments / Insurance