Director, Risk & Derivatives

Avenue Living Asset Management; Calgary; On-site; CAD 80,000 - 150,000; Full time

Job summary

Join a dynamic and innovative firm as a Director of Risk & Derivatives, where you will lead risk management initiatives and develop strategies to optimize investment outcomes. This role requires a deep understanding of financial instruments and real estate markets, providing a unique opportunity to shape the risk landscape of a leading alternative asset manager. Collaborate with a skilled team to design and execute derivative strategies, ensuring regulatory compliance while enhancing investment returns. If you are passionate about risk management and looking to make a significant impact, this is the perfect role for you.

Benefits

Group benefits plan

GRSP matching

Discretionary bonus program

Employee Referral Program

Paid time off for volunteerism

Discounted monthly rent

Awards and recognition program

Employee savings program

Qualifications

• 10+ years in risk management and derivatives trading, focusing on real estate.
• Proven expertise in developing risk models and managing complex portfolios.

Responsibilities

• Oversee risk exposure and implement derivatives strategies for financial compliance.
• Develop and manage a comprehensive risk management framework aligned with investment goals.

Skills

Risk Management

Derivatives Trading

Financial Analysis

Stakeholder Management

Quantitative Modeling

Education

Bachelor’s degree in Finance

Master’s degree or professional designation (CFA, CAIA, FRM, PRM)

Tools

Bloomberg

Python

Excel

SQL

Job description

Avenue Living is dedicated to sourcing, analyzing, and strategizing long-term investments. Our unique approach has led to rapid growth across North America now representing one of Canada’s largest alternative asset managers. Since 2006, we have acquired over $7 billion in assets under management across a variety of sectors throughout Canada and the USA. Our various funds include assets in multifamily residential, self-storage, commercial, as well as agricultural land.

The strength of our platform lies in working with the right people. Acting with integrity and employing an entrepreneurial mindset, our employees work together to create an exciting, dynamic workplace. By employing an active hands-on approach to asset management, our skilled and innovative team operates closely alongside our investors. We’re disciplined, we focus on value, and we’re informed experts. We pride ourselves on our diverse and inclusive workplace; we are a unique workplace with unique people.

WHAT WILL YOU DO?

The Director, Risk & Derivatives will be responsible for overseeing Avenue Living’s risk exposure, implementing derivatives strategies, and ensuring regulatory compliance in financial transactions. The role requires a deep understanding of real estate markets, financial instruments, and risk management practices to optimize investment outcomes. The ideal candidate will provide leadership in risk identification, assessment, mitigation, and reporting while integrating risk strategies and broader investment goals.

• Develop, implement, and manage a comprehensive risk management framework aligned with investment objectives.
• Identify, assess, and monitor risks related to interest rates, currency fluctuations, credit exposure, and liquidity.
• Conduct stress testing, scenario analysis, and risk modeling to evaluate portfolio exposure.
• Ensure compliance with regulatory frameworks, internal policies, and industry best practices.
• Collaborate with legal and compliance teams to assess risks associated with derivative transactions and structured products.
• Design and execute derivative strategies to hedge financial risks and enhance investment returns.
• Oversee the use of swaps, options, futures, and forwards for risk mitigation and portfolio optimization.
• Manage and evaluate real estate-related derivative products and foreign exchange hedging strategies.
• Work closely with the capital markets team to integrate derivatives into broader investment and financing strategies.
• Negotiate terms and execute transactions with counterparties, ensuring competitive pricing and efficient trade execution.
• Monitor market trends, macroeconomic indicators, and emerging risks that may impact investment strategies.
• Develop and implement quantitative models for risk assessment, including predictive modeling and advanced analytics.
• Provide independent investment risk oversight, analyzing the risk-return trade-offs of potential investments.
• Lead the development of key risk indicators (KRIs) and risk reporting dashboards.

Stakeholder Engagement & Leadership

• Communicate risk insights and derivative strategy performance to senior management, investment committees, and the Board.
• Build and maintain relationships with financial institutions, brokers, and regulatory bodies to facilitate derivative transactions.
• Lead, mentor, and develop a team of risk professionals, fostering a culture of analytical excellence and strategic risk management.
• Participate in investment and risk governance committees, contributing to the firm's overall strategic direction.

WHAT WILL YOU NEED?

• Bachelor’s degree in Finance, Economics, Mathematics or related field. A master’s degree and/or professional designation (CFA, CAIA, FRM, PRM) is highly desirable.
• 10+ years of experience in risk management, derivatives trading, and investment risk strategies inclusive of foreign currency options, with a focus on real estate investments, alternative assets, or similar asset classes.
• Proven experience in developing and managing risk models, financial derivatives, and hedging strategies with experience managing large and complex derivatives portfolios in real estate investment or development environments.
• Advanced knowledge of financial modeling and risk analytics tools (eg. Bloomberg, Python, Excel, SQL).
• Strong understanding of financial regulations across North America and compliance related to derivatives and risk management.
• Excellent stakeholder management skills, with the ability to present complex risk concepts to senior executives and influence cross-functional teams.

WHAT DO WE OFFER?

• We live and breathe our core values. We go the extra mile. We’re honest. We always have each other's back. We have tons of integrity. And we always own it and adapt – no matter the challenge.
• With the support to do things differently, grow personally and professionally, and bring your whole self to work, there's no limit to the impact you can make.
• We provide a competitive compensation package composed of a group benefits plan, GRSP matching, and a discretionary bonus program. In addition, Avenue Living also offers an Employee Referral Program that rewards active employees for successful referrals.
• An employee centric culture with paid time off for employer supported volunteerism, a generous awards and recognition program, discounted monthly rent in Avenue Living Communities’ properties, and employee and savings program savings through industry partnerships.
• We are committed to a strong, safe work environment.

What makes us different makes us stronger. We want Avenue Living to be a great place to work for everyone; where people feel safe, included, inspired, trusted, and supported so they can be, and bring, their best. We're committed to creating a respectful and inclusive workplace where unique perspectives, experiences, backgrounds, cultures, and attributes are valued and utilized to help achieve better results. As an organization with operations across different geographies, we celebrate the fact that our workforce is made up of people with diverse demographics. We are committed to ensuring our workplace is fair, equitable, and free of discrimination and harassment. Should you require accommodation to participate fully in the recruitment process, please email [e-mail].