Senior Manager, Investment Policy
City : Toronto, Canada
Category : Risk
Industry : Financial Services
Employer : Ontario Teachers’ Pension Plan - OTPP
The Risk division plays a crucial role in ensuring the sustainability of the plan and aligning the risk profile of the total fund portfolio with the enterprise risk appetite of the Board. We contribute to the development of the fund's long-term investment strategy based on asset and liability research; investment risk analysis and enterprise risk analysis. Our team also supports the Plan Sponsors in plan design and funding decisions that promote sustainability, and the Chief Executive Officer and Investment Executive Team in establishing and maintaining the governance of the Investment Program.
As a critical member of the Risk team, the Senior Manager, Investment Policy is entrusted with the formulation, maintenance and socialization of frameworks and policies governing the investment program. In this role, you will also support the Director, Investment Policy in benchmarking and other investment governance and risk management accountabilities.
Who you'll work with
You will report to the Director, Investment Policy and will frequently interact and collaborate with colleagues across the Investment Division, Risk, and functional partners in other areas of the organization.
What you'll do
Lead/support the development and socialization of investment policies balancing governance with a strategic and innovative mindset and advice senior management in Risk, Investments and the functional partners on effective risk management and governance practices.
Review and recommend the application of benchmarks to investment portfolios and individual investments.
Collaborate with Investments, Risk and other Functional Partners to ensure investment program constraints, risk management practices, and other key thresholds are appropriately designed, implemented and monitored.
Maintain a fundamental understanding of investment markets and the instruments and strategies used by portfolio managers across Ontario Teachers’ asset classes.
Stay abreast of, and promote, best practices in investment risk management and governance within Risk and the broader organization.
Independently research issues, considering strategy, portfolio management, risk governance, operational and other implications in consultation with the appropriate areas of the organization.
Provide guidance and operational/risk management requirements to colleagues with diverse professional backgrounds and seniority levels.
Develop and manage key relationships within Risk, and with partners across Investments and the Functional Partners.
Interpret and clarify investment policy and governance requirements and prepare relevant reports and briefings for senior management and the Board.
Contribute to the management and assessment of investment-related risk across the enterprise and support the implementation of appropriate risk escalation and reporting to senior management and the Board.
Help shape organizational behavior and propagate our four critical behaviours: trust, learn, clarify and engage.
Support the facilitation of the Enterprise Risk & Governance Committee.
What you'll need
Bachelor’s degree in Finance, Economics or a related discipline, or equivalent experience
Deep experience working in the finance or risk management in the pension / asset management industry
Solid understanding of financial markets and familiarity with the broad regulatory and institutional landscape, including best practices and how they relate to institutional investment activities.
Strong understanding of portfolio and risk management theory and best practices.
Proven ability to draft, read, question, interpret, apply, and operationalize policy and other rules.
Quick to grasp new concepts and adapt in a high-performing culture, under pressure and with time sensitive deadlines.
An inquiring yet pragmatic problem solver who will identify new ideas and solutions, then carefully test the translation from theory to practice.
Capable of handling change and ambiguity, recognizing that clear answers/solutions may not always be evident, and drawing on little to no precedent.
Methodical and strategic thinker, able to effectively challenge peers in a well-reasoned, principled, and professional manner.
Thoughtful relationship-builder who will balance productive working relationships with objective risk oversight.
What we’re offering
Pay-for-performance environment that offers competitive salary and incentive
Numerous opportunities for professional growth and development
Comprehensive employer paid benefits coverage
Retirement income through a defined benefit pension plan
The opportunity to invest back into the fund through our Deferred Incentive Program
A flexible/hybrid work environment combining in office collaboration and remote working
Competitive time off
Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
Employee discount programs including Edvantage and Perkopolis
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At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.
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