Senior Portfolio Manager, Derivatives & Fixed Income
City : Toronto, Ontario, Canada
Category : Full time
Industry : Public Services/Utilities
Employer : Healthcare of Ontario Pension Plan (HOOPP)
Why you’ll love working here:
high-performance, people-focused culture
our commitment that equity, diversity and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
competitive, 100% company-paid extended health and dental benefits for permanent employees with recent additions to promote inclusive coverage to a diverse employee population. These recent additions include gender affirmation and fertility drug and treatment coverage
membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
access to an annual wellness reimbursement program for health and wellness-related expenses for permanent employees
virtual fitness, yoga and meditation classes, nutritional consultations and wellness seminars
we offer a hybrid flexible work model that embraces remote work in Ontario for eligible roles
the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
HOOPP (Healthcare of Ontario Pension Plan)
1 York Street, Suite 1900
Toronto, Ontario
M5J 0B6
Job type: Permanent
Language of Position: English
Wage: 190K-230K
Senior Portfolio Manager, Derivatives & Fixed Income
Please apply online or for questions please direct them to:
SUMMARY
The primary function of this position is to work within the Credit group to analyze, identify and implement Credit cash and/or derivative strategies which will facilitate the achievement of HOOPP’s investment objectives.
DUTIES AND RESPONSIBILITIES
Generate and execute value-added programs using Credit instruments. Invest in Credit Derivatives Indices, Index Tranches, Credit Options, Portfolio trading and other structured credit investment across US, Europe, and Emerging Markets. Originating ideas to support Investment strategies and various Credit Risk Transfer transactions. Review/recommend investments in Collateralized Loan Obligations (CLOs) tranches. Develop frameworks for pricing to generate profits from strategic risk taking. Have strong understanding of US fixed income spread products markets, specifically US corporate bond market and portfolio optimization and trading. Maintain and understand risk positions across various credit and spread products programs. Develop hedging strategies. Remain active in performance measurement, risk management, market developments and investment technology processes. Execute and assist in the execution of trades in a variety of cash and derivatives markets.
Develop and maintain relationships with team members and portfolio management groups, as well as derivative dealers in other markets. Stay abreast of legal issues and developments relating to derivatives.
QUALIFICATIONS
University education with a minimum post-graduate degree in Business, Mathematics, Science, Engineering, Finance, or other quantitative discipline. MBA in Finance is preferred.
A minimum of 10 years’ experience of independently generating trade ideas, executing trades and managing a portfolio of investments.
A minimum of five years of relevant trading experience in credit derivatives, structured credit and cash markets.
An understanding of the uses of derivative securities in the management of investment portfolios.
Highly developed interpersonal skills.
A detailed understanding of the use of mathematical modelling in pricing derivative securities.
Understanding of Credit and Fixed Income securities in U.S., European and Emerging Markets
COMPETENCIES
Experience in the use of electronic trading systems.