Advisor / Senior Advisor, Economics, Dynamic Asset Allocation and Currency Management

PSP Investments | Investissements PSP; Montreal; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading company in Canada is seeking an Advisor / Senior Advisor for its Dynamic Asset Allocation and Currency Management team. This role involves shaping investment strategies, conducting economic analysis, and collaborating across teams. The ideal candidate will have a strong background in economics and finance, with proficiency in quantitative analysis and econometric modeling. The position offers a hybrid work model and competitive benefits.

Benefits

Unlimited virtual healthcare

Gender-inclusive paid family leave

Family-building support

Vacation days from day one

Milestone days

Summer Fridays off

Qualifications

• Minimum of five years of experience in economic and econometric analysis.
• Bilingual in English and French, with regular interactions in both languages.

Responsibilities

• Establishing economic and financial scenarios for Capital Market Assumptions.
• Developing in-house analytical tools and econometric models.
• Collaborating with other CIO teams on asset allocation and currency hedging.

Skills

Quantitative Analysis

Collaboration

Communication

Education

Master’s or Ph.D. in Economics

Tools

Eviews

Python

R

Microsoft Office

Bloomberg

Haver

Datastream

Job description

Advisor / Senior Advisor, Economics, Dynamic Asset Allocation and Currency Management

Join to apply for the Advisor / Senior Advisor, Economics, Dynamic Asset Allocation and Currency Management role at PSP Investments | Investissements PSP

About Us

We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal office in Montréal and offices in New York, London, and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

Experience The Edge

At PSP, we encourage our employees to grow, forge powerful relationships, contribute, and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak up, learn, experiment, share, and be part of an inclusive work environment where diversity is embraced.

About The Team

Sitting within the Chief Investment Office (CIO) group of one of the largest pension funds in Canada, the Dynamic Asset Allocation and Currency Management (DAACM) team leads the dynamic asset allocation and currency management of PSP’s overall portfolio (the Total Fund). The team manages rebalancing activities across asset classes and currencies to ensure that the Total Fund exposure aligns with desired targets.

About Your Role

As an Advisor / Senior Advisor in the DAACM team, you will play a pivotal role in shaping our investment strategies across both public and private asset markets. Your economic expertise will guide key asset allocation and currency management decisions, ensuring our investment strategy aligns with desired targets and economic and financial trends and forecasts.

Your main responsibilities include :

• Establishing economic and financial scenarios used as inputs in our Capital Market Assumptions (CMAs) and stress tests.
• Developing and improving in-house analytical tools and econometric models for analyzing economic conditions and financial markets.
• Contributing to the economic research agenda, including assessing economic conditions of various countries/regions, sectors, and global markets.
• Collaborating with other CIO teams and supporting strategic and dynamic asset allocation, as well as currency hedging decisions.
• Responding to requests from the CIO, Board of Directors, and Senior Management, and providing macroeconomic support to investment teams.
• Staying informed on best practices in economic and econometric analysis and conducting quality research to identify return-enhancing opportunities.

What You’ll Need

• Advanced degree (Master’s or Ph.D.) in Economics, Finance, or a related field.
• Minimum of five (5) years of experience in economic and econometric analysis within the investment or policy sectors.
• Strong understanding of global macroeconomic trends and their impact on financial markets.
• Proficiency in quantitative analysis, econometric modeling, estimation, and forecasting.
• Ability to communicate complex economic concepts clearly to non-specialists.
• Strong collaboration skills and ability to work effectively across teams.
• Flexibility to adapt to changing investment conditions and organizational needs.
• Proficiency with econometric packages (Eviews, Python, R, etc.), Microsoft Office, and financial databases (Bloomberg, Haver, Datastream, etc.).
• Bilingual in English and French, with regular interactions in both languages across various offices.

We offer a tailored employee experience with competitive rewards and benefits, including:

• Unlimited virtual healthcare and wellness programs.
• Gender-inclusive paid family leave: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers.
• Family-building support with financial assistance.
• Vacation days from day one, milestone days, and summer Fridays off.
• A hybrid work model combining in-office and remote work.

At PSP, we value diversity and inclusion. We encourage applications from all qualified candidates and are committed to accessible recruitment processes. Please inform us if accommodations are needed during the process.

Visit us at www.investpsp.com