External

Investment Associate – The McConnell Foundation

Position: Full Time
Salary: $82,540 - $86,885

About the Foundation

The McConnell Foundation is a private Canadian foundation that strives for a resilient, inclusive and sustainable society that can successfully address its complex challenges.

The successful candidate will join a dynamic team that supports diverse and innovative approaches to address community resilience, reconciliation, and climate change. We do so through funding and investment partnerships, convening, advocating, and collaborating with the public, private and non-profit sectors.

Position Summary

The Investment Associate conducts due diligence on investments, data analysis, quarterly reporting, and impact and portfolio management. You will contribute to investment and impact reporting, while supporting the team’s overall goals and initiatives as we build a 100% impact investment portfolio and implement our Net Zero Carbon Action Plan.

The application process closes at noon on November 17, 2026. The first round of interviews will take place the week of November 23, 2026 and the estimated start date is Monday, January 11, 2026.

Location: Toronto, Ontario

Mode: Hybrid, 3 days in the office

Employment Type: Full-Time, Permanent

Supervisor: Senior Director, Investments

Department and Team: Investments

Hiring Salary Range (90-95%): $82,540 – $86,885

Main Responsibilities

Portfolio Management and Due Diligence (50%)

  • Manages a portfolio of investments, including building and maintaining relationships with portfolio fund managers, and monitoring and evaluating financial and impact performance of investments.
  • Assists in all aspects of investment sourcing, research, due diligence, and completion of investment transactions.
  • Reviews management fee invoices, expense reports and payables.
  • Oversees operational transactions, account balances and correspondence for a portfolio of investments.

Monitoring and Reporting (30%)

  • Supports the Investment Team in further developing and delivering its approach to impact reporting across several internal and external stakeholders and products, such as McConnell’s Annual Report, McConnell’s Impact Report annual carbon emissions assessment, and annual UNPRI reporting.
  • Assists in the preparation, and presentation of quarterly investment reports for the Impact Advisory Committee (IAC), the Investment Committee (IC), and the Board.

Crosscutting Responsibilities (20%)

  • Collaborates with all members of the investment team to drive optimum impact and effectiveness.
  • Supports the growth of impact investing in Canada and internationally by liaising with external partners and stakeholders.
  • Develops and recommends enhancements to investment portfolio performance measurement from both financial and impact perspectives.
  • Assists with compliance and supports in preparing for the annual audit, regulatory filings and investment accounting.

Position Requirements

  • Bachelor’s degree in relevant discipline, such as finance, economics, sustainability.
  • 3 to 6 years of progressive experience in investment management.
  • Meaningful or concrete experience and interest working in impact investing, social finance, ESG, responsible investing, and systems thinking.
  • Bilingualism in English and French at a minimum B2 proficiency level.

Asset Qualifications

  • CFA, CAIA or progress toward one of these or another relevant designation
  • Investment structuring experience
  • Data management and structuring
  • Experience with impact monitoring and measurement (IMM), assessing relevant social and environmental objectives, and impact performance

Skills and Aptitudes Required

  • Proficiency with standard workplace technologies and software applications, including excel for financial modeling.
  • Strong analytical, problem-solving, judgement, and decision-making skills.
  • Excellent planning, organizational, and project coordination abilities, with the capacity to manage multiple competing priorities.
  • Strong communication, negotiation, influencing, and stakeholder relationship management skills.
  • Ability to work independently while demonstrating initiative, adaptability, collaboration, and sound professional judgement.
  • High attention to detail, accuracy, and follow-through.
  • Ability to maintain focus and productivity during sustained periods of knowledge-based work.
  • Alignment with the Foundation’s values and mission.
  • A commitment to equity, diversity, inclusion, and reconciliation.

Benefits

  • Generous, fully paid benefits and a health spending account.
  • Simplified pension employer matching (6%).
  • Holiday granting and charitable donation allowances.
  • Employee Assistance and Virtual Medicine programs.
  • Hybrid working conditions and home office allowance.
  • Four weeks of vacation and paid holiday time off between Dec 25 and Jan 1.

Click here to apply.

Statement on Salary Negotiation

During hiring, employees are placed only at the top of the offered range offered if they demonstrate most or all asset qualifications. Please note that posted salary includes an additional 5% for employees based in the city of Toronto.

Equal Employment Opportunity Statement

The McConnell Foundation is working towards strengthening our culture of inclusion and strives to build a team that reflects our mission for a more inclusive, resilient and sustainable society. We welcome and encourage applications from Indigenous people, Black people, racialized people, women, non-binary and gender-nonconforming people, people from the 2SLGBTQQIA community, people with disabilities (visible and invisible) and newcomers to Canada.

Our recruitment team will consider equity status throughout the recruitment process, so we invite members from equity deserving groups to self-identify in their application.

Our work environment and hiring process is inclusive and accessible to anyone with unique needs in terms of accessibility and accommodations. We will support you throughout the life cycle of your employment with us. We ask that all applicants identify their accommodation needs by sending an email to accessibility @mcconnellfoundation.ca so that we can create the necessary conditions so that you can participate fully in the hiring process. All information received in relation to equity status and accommodation will be remain confidential.

Privacy Statement

By applying for this position, you freely and knowingly consent to the inclusion of all information provided by you to the McConnel Foundation in a file created in connection with your application for this or any similar position. You acknowledge that the file created on your application will be accessible to only those company personnel involved in the hiring process. It will then be stored the Foundation’s candidate database in accordance with the Foundation’s Privacy Policy for a period of five years, unless you request its destruction in writing. You also authorize the McConnell Foundation to contact the persons named as references in order to obtain evaluations of your performance and opinions on your work during former employment experiences.