Manager, Investment Operations (SPV)

Location

Brookfield Place - 181 Bay Street

Business - Reinsurance

Brookfield’s publicly traded Reinsurance business, Brookfield Reinsurance Partners Ltd., is a newly formed division of Brookfield focused on providing capital-based solutions to insurance companies and their stakeholders. Brookfield Reinsurance is positioned to act as a strong, long-term partner to the insurance sector, with a primary focus on the life, annuity and pension market in North America and Europe. The business provides annuity-based reinsurance products to insurance and reinsurance companies and also acts as a direct issuer of pension risk transfer products for pension plan sponsors. In doing so, the business seeks to match long-duration liabilities with a portfolio of high-quality investments in order to generate attractive, risk-adjusted returns.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Manager, Investment Operations (SPV)

Brookfield Corporation (NYSE/TSX: BN) is focused on deploying its capital on a value basis and compounding it over the long term. This capital is allocated across its three core pillars of asset management, insurance solutions and its operating businesses.

Position Summary:

The Manager, Investment Operations (SPV) will be a key member of the Middle Office Investment Operations team. Their primary responsibility will be to oversee the effective administration of a diverse portfolio of SPV structures.

The successful candidate will work closely with, and in support of, the Investments and Structured Products teams and is required to interact with various custodians, administrators, accountants and other outsourcing providers to ensure all components of the product life cycle are monitored, ensuring completeness and accuracy.

Responsibilities:

• Manage/lead a small team of high-performing individuals with the goal of effectively managing a diverse portfolio of structured products.

• Help produce/review ongoing reporting to various stakeholders.

• Ensure the completion of reconciliations for cash and positions, ensuring alignment between our records and administrators.

• Support trade settlement and life-cycle management across various asset types.

• Validate periodic waterfall calculation and engage with administrators for collaborative review.

• Assist with various treasury functions including liquidity/cash management, wire/transfer payments, and callback process.

• Closely monitor various alternative investments including Private Loans, Term Loans, LPs and Externally Managed Fund investments.

• Liaise with external service providers to support end to end processes related to Loan Administration

• Collaborate with investment accounting team on month-end close cycle.

• Support onboarding and KYC process with borrowers and trading counterparties.

• Conduct legal documentation review, including credit agreements and other financial documentation.

• Work effectively and communicate directly with various groups including investments, legal, accounting teams.

• Collaborate with technology services for integration and process enhancement, while actively participating in system implementation projects for ongoing process improvements.

• Support internal and external audit related activities.

• Various special duties and projects as assigned.

Qualifications & Requirements:

• Minimum of 5+ years of experience; CPA/CFA/CAIA designation is preferred.

• Prior management experience in the investment management industry.

• Insurance sector experience and knowledge of insurance requirements is an asset.

• Bachelor's degree in accounting, finance, economics, or other relevant fields is required.

• Excellent working knowledge of complex investment products as well as P&L and cash analysis on those products.

• In-depth knowledge of trade life-cycle processes within Investment Operations (middle office) related to alternative asset classes, private investments, and fixed income.

• Proficient in various settlement and reconciliation processes.

• Advanced knowledge of Microsoft Excel, and other office applications (i.e.: Power BI, VBA); experience with other technical software is advantageous.

• Thorough and meticulou