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Director, Quantitative Analysis, Credit Risk Management

2 months ago


Toronto, Ontario, Canada Healthcare of Ontario Pension Plan Full time

About the Role

We are seeking a highly skilled Director, Quantitative Analysis, Credit Risk to join our team at the Healthcare of Ontario Pension Plan. As a key member of our investment risk team, you will play a critical role in supporting the achievement of our business objectives, particularly in collaboration with various HOOPP teams.

Key Responsibilities

  • Develop and foster strong relationships within all other parts of HOOPP and build and maintain an effective and efficient network at a variety of levels in the organization.
  • Lead the development and the maintenance of credit risk measurement framework including PD/LGD methodology, Credit Loss Stress Testing and Credit VaR methodologies.
  • Lead the design and enhancement of quantitative models to evaluate Counterparty Credit Risk.
  • Utilize diverse quantitative metrics and tools to evaluate the risks inherent in different credit strategies and proactively engage to aid the investment team in making risk aware decisions.
  • Prepare detailed reports and presentations for senior management and the board, illustrating risk exposure, model outcomes, and recommendations for risk mitigation strategies.
  • Keep abreast of the latest advancements in quantitative risk modeling, ensuring the adoption of best practices and state-of-the-art technology.
  • Work with IT and Investment risk team to enhance data structure and quality for valuable credit risk capabilities.

Requirements

  • Over 10 years of professional experience in risk management within the financial services industry, along with at least 3 years in asset management or similar pension environments focusing on credit risk.
  • Advanced degree (Master's or in Quantitative Finance, Mathematics, Statistics, or a related field).
  • Strong knowledge of credit strategies and investment vehicles.
  • Strong programming skills (SQL, Python/R/Matlab).
  • Previous experience with S&P or Moody's analytics solution an asset.
  • Demonstrated interest to asset management and investment.
  • Strong oral and written communication skills.
  • Ability to influence with an excellent sense of service advice.
  • Detail and execution-oriented with a continuous improvement mindset.
  • A motivated self-starter with strong time management and organizational skills and the ability to meet tight deadlines.
  • Alignment with HOOPP's values of Professional, Accountable, Compassionate, Trustworthy and Collaborative.

What We Offer

  • 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.
  • Membership in HOOPP's world-class defined benefit pension plan, which can serve as an important part of your retirement security.
  • Competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks.
  • Optional post-retirement health and dental benefits subsidized at 50%.
  • Yoga classes, meditation workshops, nutritional consultations, and wellness seminars.
  • Access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees.
  • 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.