Director, Private Markets Investment Risk

**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 - 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 (e.g., 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 **Job Summary** The Director, Private Markets Investment Risk, will report to the Senior Director, Private Markets Investment Risk. The incumbent will assist the Senior Director in designing and implementing of the investment risk framework, covering private markets, focusing on transaction and strategy support. The Director will also assist the Senior Director for designing and implementing of processes and systems that can identify, measure, analyze, monitor, report on and mitigate all investment-related risks. Assist the Senior Director to build strong relationships with Investment Management, Finance, IT and other areas of the HOOPP organization. Build strong relationships with peers in the industry, regulators, external investment managers and other relevant external parties. **What you will do**: - Ensure the appropriate foundation is in place, including organization structure, people and technology to deliver critical support and oversight to investment risk activities for all major private asset classes such as Private Equity, Real Estate and Infrastructure. - Provide insight in and oversight over, the identification, measurement, monitoring, reporting and mitigation of investment risks, focusing on new strategies, transactions and idiosyncratic risk. - Risk review new private markets transactions and strategies before IRC approval. Enable new investment strategies and opportunities by acting as a trusted advisor to Investment Management in assessing the investment risk impact and viability of new strategies. - Actively participate in Investment Committee meetings, discussing transactions with consideration of how the transaction fits into the total portfolio. - Periodically review existing strategies and transactions ("post mortem") to assess risk and performance versus assumptions. - Contribute to HOOPP wide Emerging risk process, through knowledge of and experience with developments in global markets and international financial markets regulation. - Contribute to the design, implementation and maintenance of a risk budgeting / risk limit system, by suggesting alternative risk metrics and limits and obtaining agreement with the portfolio managers. - Contribute to the draft and coordinate the design, implementation and maintenance of Policies / Guidelines for portfolios, in collaboration with Investment Management, - Contribute to design, implement and maintain investment risk reports for portfolios / asset classes, focusing on relevant metrics (e.g leverage, EBITDA trends, as well as statistical measures such as VaR) for senior management and Board. - Contribute to design and implement risk attribution (marginal, incremental risk, contribution to risk, across exposures and risk factors). - Contribute to review, draft all internal policies as they pertain to Investment Risk Management, such as but not limited to: SIP&P, IP&G - Monitor industry trends and standards for Investment Risk Management. Assess the impact on HOOPP and implement changes in processes, staffing and technology, to ensure HOOPP is in compliance with regulatory requirements and meeting industry best practices. - Contribute to risk research aimed at improving HOOPP's ability to pro-actively respond to changes in risk factors / economic regimes - Drive change and adopt best practices; Continuously drive innovation. - Participate in a leadership capacity in various committees (steering and project control committees) to provide guidance and oversight to various initiatives. - Seek opportunities to leverage technology to streamline processes, reduce operational and trade execution risk, create real-time reporting th