Program Manager, Due Diligence

Position title:
Program Manager, Due Diligence (ODD) & Risk Management (ERM)

Reports to:
Director, Enterprise Risk Management

Employee Status:
Permanent Full-time

Work hours:
35 hours per work week

Location:
Toronto, Ontario / Hybrid

Posting Date:
October 9, 2025

Closing Date:
October 24, 2025

Why join the TTC Pension Plan (TTCPP)

We care about the employees who work at TTCPP and the excellent services they provide to our members As a member of the team, you play a critical role in the success of TTCPP, by working together as we live out our values, we can meet our vision and our mission

TTCPP is a defined benefit pension plan established in 1940 for employees of the Toronto Transit Commission, the Amalgamated Transit Union Local 113, and TTCPP. For more than 80 years, we have been providing a secure retirement income for our members. The Plan is fully funded and strong with more than 27,000 members and $9.0 billion in net assets.

• Our VISION
  is clear: To always be there for our members–today and for a lifetime.
• Our MISSION
  : Providing a financially secure retirement for our members by delivering a pension for life at a reasonable cost. Supporting our members with responsiveness, open communication and hands-on service, now and throughout their retirement.
• Our VALUES
  : Sustainability, Accountability, Communication, Knowledge, and Professionalism.

Position Summary

We are seeking an experienced
Program Manager, Due Diligence & Risk Management
to join our Finance team and lead our Operational Due Diligence ["ODD"] program as well as support our Enterprise Risk Management ["ERM"] program. This newly created position will report to the Director of Enterprise Risk Management.

The role is responsible for developing an ODD program that ensures all investments are effectively assessed from a risk perspective, supports the execution of the ERM program, including risk identification, assessments, and reporting, as well as internal control evaluations and governance reviews.

If you have solid experience in ODD or ERM and are looking for an opportunity to advance your career in these areas, we would like to hear from you.

What will I do?

Operational Due Diligence Responsibilities:

• Collaborate with Finance and the Investment team and lead the design, implementation, and continuous enhancement of a comprehensive, risk-based Operational Due Diligence (ODD) framework aligned with organizational objectives.
• Conduct ODD reviews for both existing and prospective external fund managers across hedge funds, public markets, and private funds.
• Engage with third-party ODD consultants and critically evaluate their reports.
• Proactively identify and escalate operational deficiencies or potential risks during ODD assessments and document actionable insights and recommendations to internal stakeholders.
• Serve as the primary liaison for client and external investment manager inquiries related to operational due diligence, fostering open communication and ensuring timely resolution of issues.
• Maintain up-to-date knowledge of applicable regulatory requirements and evolving industry standards.
• Establish regular monitoring and internal knowledge-sharing with internal business partners to enhance ODD-related processes and controls, promote organizational compliance and ensure alignment on objectives and expectations.
• Willingness and ability to travel domestically and internationally to conduct on-site operational due diligence meetings as required.

Enterprise Risk Management:

• Collaborate with Risk Owners to support ERM activities, including the identification of risks and controls, the execution of risk assessments and the development of business continuity plans.
• Prepare risk reports and update governance documentation.
• Execute a robust internal control assessment program to validate and assess the effectiveness of all controls captured in the organizational risk register.

What will help me be successful?

Skills & Qualifications

• University degree in a recognized technical, vocational or academic program, such as a Bachelor's degree in Accounting, Finance, Business Administration, Mathematics, Engineering, or equivalent direct work experience.
• Obtained or working towards a CPA, or a similar professional designation with a focus on assurance, preferred.
• CFA, CAIA, FRM is an asset.
• 8+ years of working experience in the public accounting, pension, consulting, or asset management industries.
• Investment operations, middle office, and/or fund accounting experience are strong assets.
• A working knowledge of financial instruments and investments.
• Prior experience generating clear and concise reports for diverse stakeholders.
• Experience analyzing large datasets, extracting meaningful insights, and identifying relevant trends.
• Experience with Enterprise Risk Management practices and internal control evaluations
• Proficiency with Microsoft Suite (i.e., Excel, Word), PowerPoint, VBA, Python, SQL and Tableau, and similar office tools.

Key Behavioural Indicators

• Excellent analytical and problem-solving skills.
• Embrace a collaborative approach, actively sharing knowledge within a team-oriented environment.
• Demonstrated relationship-building skills to build and maintain productive relationships.
• A commitment to continuous improvement, auditing and building standard and scalable processes.
• Self-driven for continuous learning and staying updated on industry best practices and emerging trends in risk management and the pension industry.
• Excellent communication skills (written and verbal), presenting and recommending direction and solutions.
• Attention to detail, to ensure quality and accurate outputs, which meet the investment team's policies, practices and standards, and compliance with regulatory requirements.
• Demonstrated ability to work independently in a fast-paced environment, effectively managing multiple priorities and meeting deadlines.
• Demonstrate professionalism, integrity and ability to act with discretion to maintain confidentiality.

What do you offer?

• Engaging and challenging work
• Defined benefits pension plan for long-term financial security
• Flexible and hybrid work model promoting collaboration and work-life balance
• TTC transportation pass
• Maternity/Parental Leave top-up program
• Employer-sponsored continuous learning, professional development, and networking opportunities
• Comprehensive employer-paid extended healthcare, vision and dental benefits, including coverage for fertility treatments, mental health support, and gender affirmation support

We are committed

TTCPP is an equal opportunity employer, committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). We will provide an accessible experience for applicants, members, guests, and TTCPP employees. We are committed to providing an inclusive and barrier-free work environment.

We are also committed to fostering a diverse and inclusive workplace that encourages and welcomes all elements of diversity, including diversity of thought. If you require accommodations at any stage of the hiring process, please confidentially contact All information received in relation to your accommodation will be kept confidential.

How to apply

Candidates must be legally entitled to work in Canada. Any offer of employment made will be conditional upon a credit check, criminal record check and reference check.

We welcome and encourage all qualified applicants to apply. We thank all applicants interested in this opportunity; however, those selected for various stages in the hiring process will be contacted.