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, parental leave top-up, and a health spending account).
optional post-retirement health and dental benefits subsidized at 50%
yoga classes, meditation workshops, nutritional consultations, and wellness seminars
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 Manager, Market Risk will support independent oversight, analysis, and communication of market risks across the Fund, with a focus on Capital Markets strategies. The role will partner closely with investment teams and internal risk stakeholders to monitor key exposures, assess risk relative to limits and thresholds, evaluate the impact of new trades and strategies, and provide quantitative and qualitative insights that support risk-aware investment decisions.
The Manager will also contribute to the development of risk analytics, attribution, scenario analysis, reporting, and research initiatives, including the effective use of data, technology, and AI-enabled tools to enhance the team’s analytical capabilities and decision support.
What you will do:
Monitor key market risks, exposures, sensitivities, concentrations, and limit usage across the Fund.
Link risk measures to trading activity, market movements, and asset allocation decisions to improve risk attribution analysis.
Support stress testing, scenario analysis, and sensitivity analysis across portfolios, strategies, and key risk factors.
Support independent risk assessments for Capital Markets strategies, with selective focus on public equity, fixed income or multi-asset.
Develop risk metrics, analytical tools, dashboards, and reports to improve risk monitoring and decision support.
Apply programming, automation, visualization, and AI-enabled tools to improve analytical efficiency and insight generation.
Develop and foster strong relationships with portfolio managers, build and maintain an effective and efficient network at a variety of levels in the organization.
What you bring:
Comprehensive understanding of financial markets, Capital Markets strategies, and market risk concepts.
Clear communication and presentation skills, with the ability to work effectively with investment, risk, and other internal teams.
Ability to engage with portfolio managers and stakeholders, ask thoughtful questions, and provide constructive risk perspectives.
Solid quantitative, analytical, and problem-solving skills with ability to translate complex risk analysis into clear and practical insights.
Practical ability to use AI and automation tools to improve daily workflows, with the technical judgement to validate AI-generated codes and data-processing outputs.
Detail-oriented and execution-focused, with a willingness to improve processes and enhance existing analysis.
High standards of professionalism, collaboration, and intellectual integrity, aligned with HOOPP’s values.
5+ years’ experience in portfolio management, investment risk management or investment research roles.
Experience in complex institutional investment environments is preferred.
Experience with Capital Markets strategies, including public equities, fixed income, derivatives, or multi-asset portfolios, is an asset.
Undergraduate degree in Mathematics, Finance, Engineering, Economics, Computer Science or equivalent combination of education and experience. Graduate degree (Master’s) is preferred.
The expected annual base salary range for this role is: $103,000 - $153,000 CAD
The actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, individual's expertise and level of experience applicable to the role they are being offered.
This role is eligible to participate in discretionary incentive plan(s), subject to the terms and conditions of the applicable incentive plan text.
This job posting is for a newly created role.
HOOPP may use artificial intelligence tools to assist in screening, assessing and selecting applicants for this position. These tools support our recruitment process but do not replace human judgment and decision-making.
Skills Required
- 5+ years' experience in portfolio management, investment risk management, or investment research roles
- Comprehensive understanding of financial markets, Capital Markets strategies, and market risk concepts
- Practical ability to use AI, automation, programming and visualization tools to improve workflows and validate outputs
- Solid quantitative, analytical, and problem-solving skills, including risk attribution and scenario analysis
- Ability to develop risk metrics, analytical tools, dashboards, and reports
- Clear communication and presentation skills; ability to engage with portfolio managers and stakeholders
- Undergraduate degree in Mathematics, Finance, Engineering, Economics, Computer Science or equivalent
- Graduate degree (Master's)
- Experience in complex institutional investment environments
- Experience with Capital Markets strategies (public equities, fixed income, derivatives, multi-asset)
What We Do
Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $112.6 billion at the end of 2023 and our funded status remained strong at 115%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture, which spans our head office in Toronto and our office in London (UK), is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation
