Senior Director, Investment Risk Management

CI Financial•Toronto, ON

1d•Hybrid

About The Position

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. We are seeking an experienced and analytical Senior Director, Investment Risk Management to join our team at CI Global Asset Management. Reporting directly to the President and Chief Investment Officer (CIO), the Senior Director, Investment Risk Management will be responsible for ensuring effective risk management across various investment strategies. This role will also provide critical risk analysis and insights to the firm’s Enterprise Risk Management (ERM), Compliance and Internal Audit functions, supporting a comprehensive and integrated risk management framework.

Requirements

Graduate degree in a quantitative discipline such as Finance, Economics, Mathematics, Statistics, or a related field.
Minimum 10 years of experience in investment risk management (ideally within the asset management or pension fund industry), with a focus on risk modeling, analysis, and monitoring for investment strategies.
Proven expertise in risk management frameworks such as VaR, stress testing, scenario analysis, and sensitivity analysis.
Strong understanding of investment strategies including equities, fixed income, alternatives, and multi-asset portfolios.
Excellent quantitative and analytical skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical audiences.
Exceptional communication and reporting skills, with the ability to present findings to senior management, investment committees, and the CIO.
Ability to collaborate effectively across teams, including portfolio management, ERM, and Internal Audit functions.

Responsibilities

Deploy CIGAM’s existing risk models to assess and quantify risks across a range of investment strategies, including equity, fixed income, alternatives, and multi-asset portfolios. Utilize advanced techniques such as factor decomposition, Value at Risk (VaR), stress testing, and scenario analysis.
Analyze and assess the risk profiles of existing and new investment strategies, ensuring they align with the firm’s risk appetite and objectives. Provide actionable insights to the portfolio managers and the CIO.
Continuously monitor key risk metrics and factor exposures, ensuring all investment strategies remain within predefined risk limits. Proactively identify and assess emerging risks.
Prepare and deliver detailed risk reports to the CIO, senior management, and investment committees. Summarize key risk exposures, vulnerabilities, and recommend actions for risk mitigation.
Collaborate with the ERM and Internal Audit teams to ensure that investment risk management aligns with the firm’s overall risk framework. Provide detailed analysis and reporting to support the firm’s enterprise-wide risk assessments and internal audit functions.
Work closely with portfolio managers, the strategy team, and other key stakeholders to incorporate risk perspectives into investment decision-making and strategy execution.
Propose and implement strategies to manage and mitigate risks related to market, credit, liquidity, and operational factors, while optimizing each strategy’s risk-return profile.
Ensure that all risk management activities are compliant with relevant regulatory requirements and internal policies.
Conduct regular scenario and stress testing on investment strategies to assess the impact of adverse market conditions and extreme events.