Principal, Total Fund Management, Strategic Asset Allocation

Exciting opportunity for a Principal to join our dynamic Strategic Asset Allocation (SAA) team within our Total Fund Management department. The Principal will be responsible for developing strategic frameworks for portfolio construction, benchmarking, rebalancing, FX management, tail hedging, etc. This team applies quantitative finance methods to gain insights on the risk and return profile of the fund and collaborates within Investments to make portfolio recommendations to enhance the long-term sustainability of the Plan.

Reporting to the Director, SAA, you will have the opportunity to influence how TFM manages the overall portfolio through convincing investment narratives supported by strong research and analysis.

As part of Strategic Asset Allocation team you will work with other teams within TFM including Portfolio Analytics & Modeling, Portfolio Strategy, Economic Research, Treasury, and Beta & Global Trading. You will also work in collaboration with other Investment departments as well as the Risk division.

• Work with subject matter experts throughout the Investments division to develop a strong understanding of the various assets and investment strategies that form the building blocks of the total

  fund

• Conduct quantitative analysis (e.g. asset pricing, risk factor, portfolio construction, hedging, etc.) to help inform the total fund’s strategic allocation

• Provide innovative and high-quality portfolio construction advisory to other departments within Investments

• Work closely with the Portfolio Analytics & Modelling team to design models related to econometrics, time series analysis, valuation, and optimization that can be used to extract investment insights

• Stay abreast of state-of-the-art research in asset allocation, risk management, and portfolio construction

• Help build presentations to communicate TFM’s investment strategy to diverse audiences including Board members, the CIO-chaired Total Fund Investment Committee, and the Investments departments

• Collaborate on projects and share innovative ideas with colleagues throughout the organization

• Keep up to date with the financial markets and the risks of the total fund

• Assist with daily portfolio management and monitoring of total fund positions

• Operate within Teachers’ risk limits, portfolio policies, and internal guidelines

• Support a variety of projects as required

• Postgraduate degree in a Finance discipline with strong quantitative rigor preferred

• CFA charter or candidacy is an asset

• Advanced Python programming skills and Proficiency in Excel/VBA are required

• Minimum 5-7 years related experience

• Well versed in quantitative finance including advanced econometrics, time series analysis, GARCH, optimization, simulation, etc.

• Penchant for investing through an empirical lens with prior experience applying quantitative methods to investment decision making

• Broad knowledge of various asset classes, investment strategies/styles, and portfolio construction techniques

• Knowledge of balance sheet management and its impact on portfolio risk, liquidity, and leverage

• Excellent oral and written communication skills with adeptness at unpacking complex subject matter and articulating effectively to varied audiences

• Ability to work well with others in a highly collaborative environment · Proven ability to innovate and advance ideas with an entrepreneurial mindset

• Proficiency in SQL and handling market data through Bloomberg required

• Advanced Excel and Office Suite (Word, PowerPoint)

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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

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.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

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