Director, Investment Risk Job

Job Overview

Location
Toronto, Ontario
Job Type
Full Time
Salary / Compensation
Details Not Provided
Date Posted
3 months ago

Additional Details

Experience
Extensive Exp. Required (9+ Years)

Job Description

Reporting to the VP Investment Risk Analytics & Research, the position is responsible for initiating risk related analysis to better understand and communicate risks and lead a variety of risk management projects.  Help identify insights that can be used to further improve investment risk frameworks and drive action on key risk issues.

What you will do:

Risk Solution Development

  • Identify creative solutions and customize them to fit HOOPP’s unique circumstances in an effective way

  • Liaise with the Data Team and ISG to retrieve necessary market data and environments to support the development

  • Conduct validation and reconciliation required to ensure accuracy and relevancy of the development

  • Implement the latest techniques to increase efficiencies of the development

Research and Analysis

  • Support Senior Management in investment decision making by monitoring and preparing different risk analysis and providing value-added commentary

  • Conduct sensitivity and scenario analyses to understand the impact of changes in policy portfolio, new investments, and potential future market environments on HOOPP’s investment and risk profile.

  • Analyze market best practices and identify feasible approaches for HOOPP’s usage

  • Find and read relevant literature about assigned topics and interview internal and external Subject Matter Experts

  • Conduct proof-of-concept process to validate ideas and potential solutions

  • Cultivate insights into frameworks or methodologies for investment risk areas applicable to HOOPP’s investment.

Maintain Risk Management Framework, Policies, and Procedures

  • Support Senior Management in developing Risk Appetite Framework for investment risk and set risk tolerance parameters for various risk metrics

  • Maintain and operationalize certain investment risk frameworks

  • Analyze and make recommendations to improve the current risk management practices including policies, reports, processes, and procedures.

Team Development

  • Assisting in the development of performance goals and service standards.

  • Promotes collaborative, effective, and efficient working relationships within HOOPP.

  • Leads by example by consistently demonstrating organizational values.

Project Management

  • In discussion with IT: assign priorities, apportion development work between teams (IT vs Risk) to drive maximum performance

  • Provide inspiring leadership to the team to shorten delivery time

What you bring:

  • Master’s degree in a quantitative field e.g. Mathematics, Finance or Actuarial Science

  • Professional title in finance (CFA, FRM, PRM)

  • Minimum of 9 years’ experience in quantitative finance

  • A sophisticated understanding of global investing across derivatives, private and public market asset classes

  • Advanced theoretical and specialized knowledge of a broad range of risk models and methodologies used in the industry

  • In-depth knowledge and background in financial instruments, quantitative methodologies, and modelling and derivative pricing.

  • In-depth knowledge and working experience in VaR, stress testing, and scenario generation.

  • In-depth knowledge and working experience in Market, credit and Liquidity Risk.

  • Experience in implementing vendor risk systems, e.g. Aladdin, Barra, MSCI.

  • Extensive Experience in project management across multi-functional teams

  • Strong problem-solving skills, the ability to research issues, analyze problems, synthesize information and make recommendations.

  • Ability to develop high-quality staff and create a culture in the team that attracts and retains talents

  • Able to handle multiple objectives and work efficiently under pressure.

  • Intellectual curiosity and a passion for technology.

  • Team-player with examples of delivering project deliverables within time and money budgets

  • Ability to influence teams in other Divisions to achieve common goals; understands complex environments that need to consider multiple stakeholder perspectives

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