Manager, Private Markets Portfolio Operations

5 days ago

Remote, Canada Connor, Clark & Lunn group Full-time
Interested in joining one of Canada’s top performing asset managers? We are looking for an experienced and collaborative Manager, Private Markets Portfolio Operations (PMPO) for an existing vacancy within the Investment Resource Group. This is a hands-on people leadership and operational ownership role responsible for strengthening service continuity, controls, documentation, stakeholder partnership, and scalable execution for private-market and alternative-investment activities supporting CC&L affiliates and their clients. The successful candidate will lead a team of financial operations professionals and work across Affiliates, Investment Operations, Information Services, Operational Risk, Finance, custodians, administrators, and other service providers. The role combines daily operational leadership with the mandate to rebuild resilience, clarify ownership, develop talent, reduce key-person dependency, and improve how PMPO supports a growing and increasingly complex business. Our offices currently operate on a hybrid model with a combination of in-office and remote working days throughout the week.What You Will DoPeople Leadership and Team Resilience* Lead, coach, and develop Specialists, Analysts, and Senior Analysts; set clear expectations, goals, and development plans and provide timely feedback.
* Plan daily and weekly work, balance competing priorities, review quality and volume, and provide hands-on guidance on complex or unfamiliar matters.
* Build cross-training, succession, and coverage plans; maintain skills matrices and ensure critical activities have trained primary and backup owners.
* Lead recruitment, onboarding, knowledge transfer, and performance management while fostering ownership, urgency, curiosity, and collaboration.Operational Delivery and Control* Oversee core PMPO activities, including private-market client onboarding, commitment maintenance, capital calls, subscriptions and redemptions, cash and wire coordination, NAV and position validation, reconciliations, distributions, reporting, tax-related operational inputs, and document management.
* Ensure operational tasks, deadlines, approvals, data, and supporting evidence are complete, accurate, and controlled, including during quarter-end, year-end, tax, and capital-activity peaks.
* Investigate and resolve exceptions across workflows, systems, data, custodians, administrators, and internal teams; assess downstream client, financial, tax, reporting, and reputational impacts.
* Maintain daily and weekly operating rhythms for priorities, service risks, incidents, escalations, and upcoming events, with clear ownership and follow-through.
* Lead business continuity readiness and ensure minimum viable daily outputs and critical-service recovery procedures are documented and tested.Risk, Governance, and Process Ownership* Define and maintain PMPO process ownership, RACI assignments, controls, escalation paths, and service expectations in partnership with stakeholders.
* Own remediation of PMPO-related risk findings and distinguish PMPO accountabilities from those of custodians, Affiliates, Information Services, and other operational teams.
* Ensure procedures, process maps, checklists, control evidence, and client-specific requirements are current, accessible, and consistently followed.
* Perform and oversee quality-control reviews and data-integrity checks; identify root causes and implement sustainable corrective actions.
* Escalate material risks promptly and provide concise status, impact, options, ownership, and recommended action to senior leaders.Stakeholder and Service-Provider Partnership* Act as the primary operational relationship lead for supported Affiliates and a trusted escalation point for complex private-market matters.
* Establish structured governance with custodians, administrators, technology partners, and internal service teams, including agendas, issue logs, service reviews, and clear communication protocols.
* Partner with Affiliates to understand growth plans, new products, client requirements, and operating-model changes, and translate them into readiness plans and sustainable services.
* Coordinate end-to-end implementation of new or changed processes, ensuring operational, billing, reporting, tax, client-servicing, technology, and control implications are assessed.Transformation and Continuous Improvement* Assess workflows end to end and redesign them to reduce manual effort, duplicate hand-offs, control gaps, and key-person dependency.
* Partner with Information Services, reporting, data, and automation teams to prioritize enhancements, develop requirements, execute user acceptance testing, and implement change safely.
* Identify opportunities to use automation and AI responsibly to improve workflow visibility, exception management, knowledge access, documentation, and decision support.
* Develop practical metrics and service indicators covering volumes, timeliness, quality, exceptions, risk,