Contract

Business Analyst

OMERS

OMERS

Manages defined-benefit pension plan assets

Compensation Overview

$86k - $130k/yr

+ Short-term Incentive + Long-term Incentive

Toronto, ON, Canada

In Person

Category
Business & Strategy (1)
Required Skills
Bloomberg
Fixed Income Securities
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Finance, Accounting, Business, or a related field; Commitment to professionalism, internal controls, and continuous improvement.
  • Minimum 5 years of progressive experience in investment operations, middle office, or trade support within capital markets or asset management.
  • Strong knowledge of investment products (equities, fixed income, derivatives, FX) and trade lifecycle processes.
  • Experience with investment operations systems (e.g., Calypso, Eagle, Bloomberg, Aladdin) and proficiency with Excel and data management tools.
  • Proven ability to manage multiple priorities and deliver results in a dynamic, fast-paced environment.
  • Excellent analytical, problem-solving, and organizational skills with strong attention to detail.
  • Strong written and verbal communication skills, with the ability to work effectively with stakeholders at all levels.
Responsibilities
  • Oversee and coordinate daily investment operations activities, including trade capture, settlement, reconciliation, cash management, corporate actions, and data validation for investment portfolios.
  • Act as the primary escalation point for complex operational issues, providing subject matter expertise and ensuring prompt resolution to minimize business disruption.
  • Collaborate with portfolio management, trading, risk, finance, and technology teams to support the full investment lifecycle and facilitate smooth operational workflows.
  • Ensure all investment transactions are processed accurately and in compliance with internal controls, regulatory requirements, and industry standards.
  • Identify and implement opportunities for process automation, standardization, and operational efficiency.
  • Lead and participate in system upgrades, platform implementations, and integration projects to support evolving business needs.
  • Maintain and enhance operational policies, procedures, and documentation to support business continuity, training, and audit requirements.
  • Monitor and report on key operational metrics, highlighting trends, risks, and areas for improvement to management.
  • Support the onboarding of new products, asset classes, and business initiatives from an operational perspective.
  • Mentor and provide guidance to junior team members, fostering a culture of collaboration, professionalism, and continuous improvement.
  • Stay current with industry trends, regulatory changes, and best practices in investment operations.
Desired Qualifications
  • Advanced designation (CFA, CPA) is an asset.
  • Experience leading or mentoring team members is preferred.

OMERS is a large Canadian defined benefit pension plan that administers pensions and manages investments for active, deferred, and retired employees of Ontario municipalities, school boards, libraries, police and fire departments, and other local agencies. It is funded by member contributions and investment returns, with OMERS handling member records, retirement benefits, and pension payments while investing to grow the fund for future payouts. It stands out as one of Canada’s largest defined benefit plans by net assets (about C$138.2 billion as of Dec 31, 2024) and has a long history, with offices around the world supporting a diverse asset base. Its goal is to provide secure, sustainable retirement benefits for its members while prudently investing the fund to maintain long-term financial strength.

Company Size

N/A

Company Stage

N/A

Total Funding

$69.9M

Headquarters

Toronto, Canada

Founded

1962

Simplify Jobs

Simplify's Take

What believers are saying

  • Germany's fiber rollout accelerates to 77-79% gigabit coverage, boosting Glasfaser stake.
  • A$10 billion Australia milestone since 2014 Sydney office diversifies Asia-Pacific exposure.
  • 6% return in 2025 with $8.2 billion gain fuels infrastructure and private equity deployments.

What critics are saying

  • Deutsche Glasfaser's €7 billion debt erodes returns on OMERS' €9 billion total exposure.
  • Two senior infrastructure leaders depart, disrupting execution on €4 billion Glasfaser commitment.
  • 2.2% first-half 2025 return trails 2% CPI pension adjustment, straining funding ratio.

What makes OMERS unique

  • OMERS deepens European infrastructure via €5 billion Deutsche Glasfaser refinancing in April 2026.
  • Appoints Luca Lupo as Europe head in March 2026 to lead origination and portfolio management.
  • Names Alexander Fraser from Temasek as private equity global head in 2026.

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Benefits

Flexible Work Hours

Hybrid Work Options

Professional Development Budget

Conference Attendance Budget

Company News

Mobile Europe
Apr 21st, 2026
Germany's largest altnet offered funding as it struggles with €7bn debt.

Germany's largest altnet offered funding as it struggles with €7bn debt. 21 April 2026 Canadian pension fund Omers and private equity group EQT have jointly offered another €5 billion - they are already investors in the altnet. The Canadian pension fund Omers and private equity group EQT offered to put an additional €5 billion into the German altnet firm Deutsche Glasfaser. The Financial Times reports [subscription needed] that the broadband provider is heavily indebted and in danger of being seized by lenders. The two have already invested €4 billion in Glasfaser., which has debts of more than €7 billion gross debt. They had put forward a refinancing deal last December but creditors rejected it. Unnamed sources suggest the new deal could be sealed this week. It is preferred to the previous offer as it shifts more debt to the 'holding company' some of the same sources added. Germany still playing catch-up Germany, along with the other major economies such as the UK and Italy (but not France) was a laggard in the fibre broadband stakes, but has accelerated the roll-out in the last few years. Although full FTTH/B coverage is still behind some EU counterparts, Gigabit speed connectivity is available to 77-79% of households using various technologies such as copper, cable and fixed wireless access for the final link into customers' premises. The big three Glasfaser was set up in 2011 and is Germany's second-largest fibre broadband provider, serving more than 2.6 million homes. Its focus is rural and suburban areas, but has almost halved its target of premises passed by 2032 from 6 million to 3.2 million having failed to attract enough customers - retail and wholesale. Deutsche Telekom is the largest provider of fibre broadband in Germany, both in terms of network infrastructure and active customers, having passed more than 12 million households and businesses. In January it announced it has exceeded coverage of more than half of Germany's permises and says that by 2027, it aims to pass 17.5 million homes. Vodafone Deutschland claims to have the largest full fibre netork in Germany and offers fibre broadband to more than 11 million households through a combination of its own infrastructure, a joint venture called OXG Glasfaser, and through wholesale partnerships with Deutsche Telekom and Deutsche Glasfaser. OXG was launched by Vodafone and Altice in 2023.

Yahoo Finance
Apr 6th, 2026
Canada's largest pension funds report steep PE losses despite sophisticated management

Canada's largest pension funds have reported weak private equity performance for 2025, but consultant Alexander Beath argues the poor results may reflect flawed benchmarking rather than actual underperformance. Ontario Teachers' Pension Plan recorded a 5.3% loss on its PE portfolio, whilst Ontario Municipal Employees Retirement System saw a 2.5% loss. Caisse de dépôt et placement du Québec's buyout portfolio returned just 2.3%, missing its benchmark by over 10 percentage points. Healthcare of Ontario Pension Plan gained 0.6%, whilst Alberta Investment Management Corporation's PE portfolio returned 3%. Beath contends these pensions measure PE performance against benchmarks heavily weighted towards large-cap stocks, particularly the Magnificent Seven, which saw massive 2025 returns. This makes PE appear worse by comparison, despite industry-wide headwinds from slow dealmaking and valuation declines.

Benefits Canada
Mar 24th, 2026
OMERS appointing Luca Lupo as senior managing director and head of Europe.

OMERS appointing Luca Lupo as senior managing director and head of Europe. * By: Staff * March 24, 2026 * 11:00 The infrastructure arm at the Ontario Municipal Employees' Retirement System is appointing Luca Lupo as senior managing director and head of Europe, effective immediately. Lupo joined the OMERS in 2022 as part of the infrastructure team. In this new role he will lead the regional team based in London and will oversee regional origination activities and the platform's management of its investments in Europe, according to a press release. In addition to his knowledge of the European markets and the investment organization's portfolio, Lupo is highly respected by portfolio company management teams, advisers and investment partners, said Michael Hill, executive vice-president and global head at the OMERS Infrastructure, in a press release.

FinancialContent
Sep 30th, 2025
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OMERS
Apr 3rd, 2025
OMERS and Oxford Properties are proud to be ranked in the Top 10 Best Workplaces(TM) in Canada!

In a competitive field of major Canadian companies, OMERS and Oxford have been recognized as #7 on this year's Best Workplaces(TM) list compiled by the Great Place To Work(R) Institute.