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Senior Advisor Pension Fund

Hydro Oneabout 19 hours ago
Markham, Ontario, Canada
Mid Level
CONTRACTOR

About the role

Description Job Summary

This is a temporary contractor position offering a unique opportunity to contribute to the oversight and day-to-day management of large-scale Defined Benefit and Defined Contribution pension plans. The successful candidate will provide high-quality analytical, reporting, and operational support across a broad range of investment and governance functions, working closely with internal stakeholders and external service providers to ensure effective plan management and regulatory compliance.

Responsibilities Conduct ongoing monitoring of public and private markets investment managers, reviewing quarterly reports, capital account statements, and disclosures to identify key themes, risks, and performance drivers Evaluate investment manager performance relative to benchmarks, peer groups, and stated investment philosophy; escalate concerns with clear recommendations Support portfolio construction for private markets, including pacing analysis, commitment planning, vintage diversification, sector and geography concentration, and liquidity forecasting Support portfolio construction and management for public market investments, including asset allocation, position sizing, factor and style exposure analysis, rebalancing, and liquidity optimization Develop and maintain dashboards tracking commitments, NAV, unfunded commitments, cash flows, fees, and exposure metrics for private market investments Provide analytical support for the DC Plan, including governance reporting, vendor coordination, service-level monitoring, and oversight of recordkeeper and investment options Assist with DC analytics covering participation rates, contribution rates, default usage, and investment option utilization trends Participate in due diligence for new and existing public and private markets investment managers, including investment and operational due diligence, interviews, reference checks, and track record analysis Support investment manager lifecycle activities including onboarding, mandate changes, watch-listing, terminations, and transition planning Assist in drafting investment due diligence memos, committee materials, and summary documents articulating thesis, risks, and deal terms Support negotiation and review of legal and contractual documentation such as Investment Management Agreements, Limited Partnership Agreements, side letters, and subscription documents Produce and enhance recurring portfolio risk reporting including risk decomposition, factor exposures, concentration, and liquidity analysis Conduct scenario analysis and stress testing; summarize key risk themes and recommend actions for discussion Support funded status monitoring and liability analytics, including interest rate and inflation sensitivity and contribution and benefit cash flow analysis Contribute to Asset Liability Management materials including assumptions tracking, results summaries, and governance committee recommendations Manage ESG data collection, validation, and reporting across investment managers and service providers; support ESG integration processes and draft committee-ready ESG narratives Coordinate, prepare, collate, and deliver materials for pension, investment, and risk committee meetings under tight deadlines Track capital calls, distributions, and management and performance fees; initiate required administrative actions and ensure timely processing Work with the DB Plan custodian on day-to-day operations including reconciliations and settlement follow-ups Support cash management to ensure liquidity is maintained for plan expenses and benefit payments, including private markets cash flow forecasting Ensure timely and accurate payment to vendors, investment managers, and other service providers Ensure the Plans meet all applicable regulatory, reporting, and compliance requirements; support audits, reviews, and ad hoc information requests

Skills Strong working knowledge of private markets concepts including commitment structures, capital calls and distributions, J-curve dynamics, PME, DPI/RVPI/TVPI, and fees and carry Proficiency in Excel and PowerPoint with the ability to synthesize complex data into clear, committee-ready narratives and presentations Programming skills and experience with private market analytics tools such as iLevel, Bloomberg, and NEXEN Strong analytical and quantitative skills with the ability to interpret investment performance, risk metrics, and portfolio data Excellent written and verbal communication skills for preparing reports, presentations, and committee materials and engaging effectively with internal and external partners High degree of initiative, accountability, and independent judgment to identify issues, develop recommendations, and ensure timely follow-through Strong organizational and time management skills with the ability to manage competing priorities and deliver accurate work within established deadlines Ability to build and maintain effective working relationships with investment managers, custodians, consultants, and internal stakeholders Familiarity with ESG integration frameworks, proxy voting processes, and responsible investment reporting

Experience 3–5 years of relevant experience at a pension fund, investment consultant, private markets platform, fund-of-funds, or asset manager Demonstrated experience supporting portfolio monitoring, investment due diligence, and risk reporting across public and private asset classes Experience with pension plan operations, including custodian coordination, cash management, and regulatory compliance, is considered an asset Experience supporting DC plan governance, vendor oversight, and recordkeeper management is considered an asset

Qualifications Undergraduate degree in Finance, Economics, Mathematics, Engineering, or a related discipline Progress toward or completion of a CFA, CAIA, or other relevant professional designation is considered an asset

This contractor role offers a compelling opportunity to work at the heart of a sophisticated institutional investment operation, gaining broad exposure across public and private markets, liability management, ESG integration, and pension governance. You will collaborate with experienced investment professionals and key external partners, making a meaningful impact on the financial security of plan members while developing deep expertise in pension fund management.

Pay Range: $45-56/Hr Currency: CAD Unit: hourly

About Hydro One

Utilities
5001-10,000

We bring the light. We’re the energy company devoted to helping customers and communities across Ontario live a better, brighter life. Our employees are deeply dedicated to delivering essential electricity to energize everyday moments. They are what drive our business forward.

With a diverse team of engineers, project managers, power line workers and arborists, field staff, supervisors, new grads, students, electricians and technicians—we share a commitment to energizing life.

If you’re interested in being part of our team, please visit our careers page here HydroOne.com/careers to explore our current opportunities.

If you’d like to learn more about Hydro One and all that we do, visit our website at HydroOne.com

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