Principal, Funding, Liquidity, and Trading

4 weeks ago


Old Toronto, Canada OPTrust Full time

Principal, Funding, Liquidity, and TradingDepartment: Total Portfolio Management – Investment DivisionType: PermanentLocation: TorontoPosting Date: September 19, 2024At OPTrust, paying pensions today, preserving pensions for tomorrow is our mission and business.When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – from London, Toronto, and Sydney – makes a meaningful impact. Our environment is fast-paced, but we find time to have fun and give back to the community as well. Our strength resides in our team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone.What OPTrust Offers YouUnique culture rooted in our core values – collaboration and teamwork, integrity, respect, flexibility, and excellence and continuous improvement – reflected across the team.Dedicated business strategy for inclusion, diversity and equity with multiple, meaningful opportunities to participate.Flexible, hybrid work model being implemented to balance the benefits of working from home and the collaborative teamwork experience in the office.Membership in our world-class defined benefit pension plan.A purpose-driven environment, including the opportunity to contribute to OPTrust’s climate change and responsible investing programs.Professional development opportunities and learning initiatives including access to LinkedIn Learning, in-house speaker series, tuition reimbursement program and professional association memberships.Comprehensive benefits package focused on your health and wellness, including dental, vision and extended health benefits.Opportunity to take parental and adoption leaves to spend time with family.Competitive vacation package and time away from work such as work-life balance days.If you strive for excellence and continuous improvement, value a collaborative and flexible team culture, and approach everything with integrity and respect, then we invite you to apply to join our teamAbout the RoleIn this role, the Principal, Funding, Liquidity, and Trading, will work in a dynamic environment amongst a small group of highly skilled investment professionals making investment decisions and managing risk in uncertain environments. The Funding, Liquidity and Trading group is responsible for all capital markets execution, funding and liquidity management, as well as the management of the Plan’s public markets exposures. The role provides an opportunity to gain expertise across all asset classes.What You’ll DoManage global portfolios of derivative and cash securities across equity, foreign exchange, fixed income, credit and commodities within a risk allocation framework.Execute trades in derivative and cash products as part of a cross-asset team.Perform investment and trade related reporting, including commission, trade cost analysis, and other reporting as required.Develop strong relationships with sell side trading firms.Improve existing spreadsheets, processes and tools used by the trading desk.Develop and implement tools and processes to support pricing, trading, portfolio management and risk management functions.Actively participate in collaborative decision-making processes in the Capital Markets Group and at the Total Portfolio level regarding portfolio construction and risk management from a top-down and bottom-up perspective.Serve as an asset class & markets specialist.Work in close coordination with risk, finance, legal, middle office, compliance and other groups across the Total Fund.Support and contribute to Total Fund projects and initiatives.Proactively identify operational risks or control deficiencies in the business.What You BringA degree, preferably postgraduate, in business, finance, engineering, physics, mathematics, or computing.A minimum of 5 years of relevant trading experience.Broad knowledge of derivatives and financial products, from a trading, pricing and risk management perspective.Ability to prioritize and multi-task under pressure while maintaining quality of work.Effective communication and interpersonal skills, able to effectively communicate complex issues and build key working relationships.Proven experience in programming abilities including Python, VBA, SQL.A high attention to detail and process orientation.Previous experience using Bloomberg is an asset.Exemplify OPTrust’s values: collaboration and teamwork, integrity, respect, flexibility, excellence, and continuous improvement.Please submit your application via Workday by October 3, 2024.Serving a membership as diverse as ours and investing in a global market means cultivating an environment that embraces inclusion, diversity and equity in everything we do. We know a diversity of backgrounds, cultures and perspectives are critical to creating long-term value. OPTrust is an organization engaged in building on our unique and diverse strengths. If you require an accommodation at any time during the recruitment process, or have preferred pronouns, please send a message to careers@optrust.com, or discuss your needs with the Recruitment Consultant during the telephone screen. We will do our best to work with you and provide appropriate accommodation.We thank all interested applicants; however, only those under consideration will be contacted.About UsWith net assets of $25 billion, OPTrust invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.
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