Location
Brookfield Place - 181 Bay Street
Business - Credit
Brookfield Credit manages approximately $305 billion of assets globally, focused on a broad range of private credit investment strategies, including infrastructure and renewable credit, real estate, asset backed, and corporate credit. Return profiles span investment grade, sub-investment grade, and opportunistic. The business combines Brookfield’s substantial credit history with strategic partners, including Oaktree Capital Management, Castlelake, LCM Partners, 17Capital, and Primary Wave Music. As one of the world’s largest and most experienced credit managers globally, we deliver flexible, specialized capital solutions to borrowers, and attractive risk-adjusted returns to our investors
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
Job Description
Specialist/Senior Specialist, Investment Operations (Private Asset Servicing – PAS)
Position Summary
Private Asset Servicing (PAS) supports the end-to-end operational servicing of private and alternative investment portfolios, including private credit, private equity, infrastructure, real estate, and other bespoke investment structures. The team partners closely with Investments, Legal, Accounting, Trade Operations, a dedicated Reconciliations team, administrators, custodians, agents, and external service providers to ensure accurate execution, monitoring, and ongoing servicing of private securities throughout their lifecycle.
This role works is well suited for an individual with a solid foundation in asset servicing, investment operations, middle office, or fund accounting who is comfortable reviewing deal documentation, understanding trade mechanics, coordinating with multiple stakeholders, and investigating complex lifecycle events across private securities.
Key Responsibilities
- Independently conduct the end-to-end operational lifecycle of assigned private investments, including onboarding, deal closing, funding, ongoing servicing, repayments, interest payments, resets, amendments, restructurings, assignments, transfers, corporate actions, and covenant-related activity.
- Be principal contact for capital calls and distributions, ensuring timely and accurate processing for private asset funds and co-ordination with treasury team to ensure execution.
- Own or support assigned issuers and assets from deal close through ongoing servicing, ensuring clear accountability for asset-level activity, open items, and required follow-ups.
- Continue to support client/account ownership responsibilities, including month-end close, position confirmations, reconciliation sign-offs, accounting alignment, and audit support.
- Review and interpret legal and transaction documents, including credit agreements, confirmations, capital call notices, amendment documents, agent notices, and related documentation, to support accurate operational setup and servicing.
- Translate key economic and operational terms from legal documentation into operational workflows, system setup, ongoing monitoring, and required servicing actions.
- Coordinate operational readiness for new deals, including funding requirements, trade setup, account requirements, counterparty details, stakeholder contacts, and required documentation.
- Ensure assets are created fully and accurately across relevant platforms and records as applicable.
- Review funding requests, validate key economics, coordinate liquidity checks with the relevant client/account owner, and liaise with stakeholders to support timely execution.
- Review and help prepare private asset trades and funding activity in IBOR or other applicable systems, ensuring details are complete and accurate for downstream processing.
- Monitor upcoming activity through relevant reports, trackers, notices, and pipeline reviews to identify required servicing actions in advance.
- Investigate and resolve cash, position, trade, transaction, income, and static data breaks tagged by the Reconciliations team for assigned assets or accounts.
- Work with the Reconciliations team to identify root causes, confirm ownership, and ensure breaks are resolved within expected timelines.
- Support the completeness and accuracy of position, cash, transaction, and security master data across investment, accounting, and servicing platforms.
- Maintain clear documentation and audit trails supporting operational activity, lifecycle processing, servicing decisions, close deliverables, and key approvals.
- Liaise with Investment teams, Legal, Accounting, Trade Operations, administrators, custodians, agents, counterparties, and other service providers to support day-to-day servicing of private assets.
- Partner closely with Investment Accounting during month-end and period-end close to ensure servicing activity is accurately reflected in financial records.
- Assist with audit requests, internal control reviews, and information requests from stakeholders.
- Contribute to process improvements, procedure documentation, system enhancements, and control improvements related to private asset servicing.
- Build deep working knowledge of assigned private asset structures, documentation, system workflows, operational controls, and servicing best practices.
Qualifications & Experience
- 6+ years of experience in investment operations, asset servicing, middle office, fund accounting, or a related investment operations role, with exposure to private or alternative assets preferred.
- Bachelor’s degree in accounting, finance, economics, business, or a related field.
- CFA, CPA, CAIA are beneficial but not required
- Strong understanding of trade and servicing lifecycle events for private securities, including deal closing, funding, trade booking, interest and repayment activity, amendments, restructurings, transfers, and ongoing servicing.
- Experience reviewing and operationalizing legal or transaction documentation is strongly preferred.
- Exposure to cash, position, trade, transaction, or security master reconciliations is preferred, including investigation and break resolution.
- Strong attention to detail with a control mindset and focus on data accuracy, completeness, and auditability.
- Proficiency in Microsoft Excel; exposure to Aladdin, WSO, Clearwater, DUCO, Power BI, Power Query, or other data/reporting tools is an asset.
- Clear communicator, comfortable partnering with Legal, Accounting, Investments, Trade Operations, administrators, custodians, agents, and external service providers.
- Ability to manage multiple priorities in a deadline-driven, team-based environment and escalate issues with clear recommendations.
- Curiosity and willingness to build deep subject matter expertise in private asset structures, documentation, controls, and operational best practices.
Salary Range: $95,000 - $110,000 CAD
Position Opening Reason:
New Position
Brookfield is committed to maintaining a Positive Work Environment that is safe, respectful; our shared success depends on it. We do not tolerate workplace discrimination, violence or harassment. We are proud to be an Equal Opportunity Employer and make employment decisions based on qualifications, merit, and business needs, without regard to any characteristic protected by applicable law. Applicant information is collected and handled in accordance with our Applicant Privacy Notice. As part of this commitment, we provide barrier-free and accessible employment practices in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and applicable human rights legislation. If you require a Human Rights Code-protected accommodation at any stage of the recruitment process, please let us know when contacted, and we will work with you to meet your needs.
