Associate, Balance Sheet & Liquidity Management

HOOPP (Healthcare of Ontario Pension Plan); Toronto; On-site; CAD 98,000 - 148,000; Full time

Benefits offered by this job

Defined benefit pension plan

Health and dental benefits

Wellness programs

Learning & development opportunities

Job summary

HOOPP in Toronto seeks an Associate, Balance Sheet and Liquidity Management to optimize the Fund’s balance sheet, liquidity, and collateral activities. You will support trading and Delta One functions, working with teammates across investment, operations and technology to ensure efficient portfolio management.

The role emphasizes analytical rigor, market insight, and contributing to trade execution, research, and process improvements while mitigating risk and enhancing capital efficiency.

Qualifications

• Undergraduate degree in Finance, Commerce, Economics, Mathematics, Computer Science, or a related discipline.
• Approximately 3–5 years of relevant experience in Capital Markets, trading, collateral management, or liquidity management.
• Trading Delta One products (e.g., equity swaps, futures, index strategies) and funding markets is considered an asset.
• Strong analytical and quantitative skills with large data sets and actionable insights.
• Proficiency in Excel; Python is an asset.

Responsibilities

• Support the Fund's balance sheet and liquidity through analysis and execution of funding strategies.
• Monitor and manage securities lending, borrowing, and funding activities across equity and fixed income.
• Assist in trade execution across stock loan, repo, futures funding, and Delta One strategies.
• Participate in management of short-term liquidity portfolios and funding programs.
• Delta One trading activities, including execution and monitoring of equity swaps, futures, and related instruments.
• Oversee exposures, funding costs, and collateral requirements for Delta One positions.
• Monitor positions, pricing, and market movements to align with objectives and risk guidelines.
• Build analytical tools and models to support investment decisions and risk analysis.
• Perform ad hoc analysis to identify trends, inefficiencies, and opportunities.
• Ensure timely processing of trades, settlements, recalls, and corporate actions.

Skills

Delta One

Capital Markets

Trading

Excel

Python

Analytical skills

Communication

Team collaboration

Education

Undergraduate degree

Tools

Python

Job description

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 pensionplan, 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, byproviding a financially secure retirement for Ontario healthcare workers

Job Summary

The Associate, Balance Sheet and Liquidity Management plays a key role within the Investment Management division, supporting the optimization of the Fund’s balance sheet, liquidity, and collateral activities. Working closely with team members, this role combines analytical rigor, market insight, and trading support to execute funding strategies, including Delta One activities, and manage collateral across a complex portfolio.

The Associate will contribute to trade execution, research and analysis, and process improvements while partnering across investment, operations, and technology teams to ensure efficient portfolio management and risk mitigation.

What you will do:

Portfolio & Balance Sheet Management

• Support the Fund’s balance sheet and liquidity through analysis and execution of funding strategies.

• Contribute to monitoring and managing securities lending, borrowing, and funding activities across equity and fixed income portfolios.

• Assist in the execution of trades across stock loan, repo, futures funding, and Delta One strategies.

• Participate in the management of short-term liquidity portfolios and funding programs.

• Delta One trading activities, including execution and monitoring of equity swaps, futures, and related instruments.

• Assist with overseeing exposures, funding costs, and collateral requirements associated with Delta One positions.

• Monitor positions, pricing, and market movements to ensure alignment with portfolio objectives and risk guidelines.

• Collaborate with team members to identify and implement efficient Delta One strategies to enhance portfolio liquidity and capital efficiency.

• Build and maintain analytical tools and models to support investment decision-making, including trading and risk analysis.

• Perform ad hoc analysis to identify trends, inefficiencies, and opportunities to enhance portfolio performance.

• Ensure timely and accurate processing of trades, settlements, recalls, and corporate actions.

What you bring:

• Undergraduate degree in Finance, Commerce, Economics, Mathematics, Computer Science, or a related discipline.

• Approximately 3-5 years of relevant experience in Capital Markets, trading, collateral management, or liquidity management.

• Trading Delta One products (e.g., equity swaps, futures, index strategies) and funding markets is considered an asset.

• Strong analytical and quantitative skills, with the ability to work with large datasets and derive actionable insights.

• Proficiency in Excel and familiarity with programming languages such as Python is an asset.

• Strong attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced environment.

• Excellent communication skills and ability to collaborate cross-functionally.

• Curiosity, initiative, and a continuous improvement mindset with an interest in trading, technology, and automation.

• Enrollment in or completion of a professional designation (e.g., CFA) is an asset.

• Demonstrated alignment with HOOPP’s values. (Accountable, Compassionate and Trustworthy).

The expected annual base salary range for this role is: $98,000 - $148,000 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.