Manager, Market Risk

HOOPP (Healthcare of Ontario Pension Plan) • Toronto, ON

1d • CA$103,000 - CA$153,000

About The Position

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.

Requirements

• 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.
• Undergraduate degree in Mathematics, Finance, Engineering, Economics, Computer Science or equivalent combination of education and experience.

Nice To Haves

• 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.
• Graduate degree (Master’s) is preferred.

Responsibilities

• 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.

Benefits

• high-performance, people-focused culture
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager