Director, Strategic Asset Allocation

Equitable; Southwestern Ontario; Híbrido; CAD 180.000 - 240.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Incentive pay

Annual salary reviews

Employer-paid benefits

Pension matching

Volunteer day

Dress for your day

Descripción de la vacante

Equitable, a Canadian mutual company, seeks a senior strategist to lead asset allocation initiatives for the General Fund. You’ll integrate investment, liability, capital, liquidity, risk, and performance considerations into actionable recommendations.

You’ll partner with leaders across Asset Management, Finance, Actuarial, Risk, Product, and Technology, delivering executive-ready insights to support financial strength and sustainable growth. This is a hybrid Waterloo-based role.

Formación

• Post-secondary degree in a quantitative discipline.
• FSA/FCIA designation.
• Experience in portfolio management, asset-liability management, investment strategy, financial modelling, capital management, risk management, or investment performance analysis.
• Strong understanding of fixed income, real estate, equities, derivatives, liquidity management, and LDI strategies.
• Proven ability to develop quantitative models, optimization frameworks, scenario analysis, and executive-ready recommendations.
• Strong relationships and influence across cross-functional teams.

Responsabilidades

• Lead development and maintenance of General Fund portfolio strategies balancing objectives, risk, and regulatory considerations.
• Develop strategic asset allocation using quantitative analysis and ALM insights to enhance value and capital efficiency.
• Create analytical frameworks supporting investment decision-making, portfolio monitoring, and performance evaluation.
• Manage IFRS Net Investment Results reporting and provide insights on portfolio performance and drivers.
• Develop modelling and risk tools to assess interest rate, equity, credit, liquidity risks, and ALM activities.
• Collaborate with Finance, Actuarial, Product, Risk, and Asset Management on strategic initiatives and capital allocation.
• Deliver executive-ready investment analyses and insights to senior leadership and governance committees.
• Identify and manage operational risks in models, data, reporting processes with governance and controls.

Conocimientos

Portfolio management

Asset-liability management

Investment strategy

Financial modelling

Risk management

Quantitative analysis

Python

R

SQL

VBA

Power BI

Stakeholder management

Educación

Actuarial Science

Commerce

Economics

Mathematics

Computer Science

Engineering

Finance

Herramientas

Power BI

VBA

Python

R

SQL

Descripción del empleo

The Opportunity: At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you.

Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes.

Join Equitable’s Strategic Asset Allocation team and play a key role in shaping the long-term investment strategy of the General Fund. In this role, you will lead the development, implementation, and communication of strategic asset allocation and portfolio initiatives, integrating investment, liability, capital, liquidity, risk, and financial performance considerations into actionable recommendations. Working closely with leaders across Asset Management, Finance, Actuarial, Risk, Product, and Technology, you will provide executive-ready insights that support financial strength, product competitiveness, capital efficiency, and sustainable growth. This is a highly visible opportunity to influence strategic decision-making, strengthen asset allocation capabilities, and contribute to the organization’s long-term success.

Join one of the region’s top employers and be part of something that truly makes a difference.

Work Arrangements:

This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

Reports To:

AVP, Portfolio Risks & ALM

Department:

Asset Management

Term:

Permanent Full-Time

What you’ll do:

• Lead the development and maintenance of General Fund portfolio strategies that balance financial objectives, risk appetite, regulatory considerations, and long-term business goals
• Develop strategic asset allocation recommendations using quantitative analysis, insurance liability insights, and asset-liability management principles to enhance policyholder value and capital efficiency
• Create and enhance analytical frameworks that support investment decision-making, portfolio monitoring, performance evaluation, and relative value assessments
• Manage quarterly reporting and analysis of IFRS Net Investment Results, providing clear insights on portfolio performance, market developments, and key drivers of results
• Develop and utilize modelling and risk management tools to assess interest rate, equity, credit, liquidity, and other investment risks while supporting asset-liability risk management activities
• Partner with Finance, Actuarial, Product, Risk, and Asset Management teams on strategic initiatives, capital allocation decisions, product development, financial planning, and business strategy
• Act as a trusted advisor to senior leadership and governance committees by delivering executive-ready recommendations, investment analysis, and strategic insights
• Identify, assess, and manage operational risks related to analytical models, data, methodologies, reporting processes, and decision-support frameworks while maintaining strong governance, controls, and documentation practices

What you’ll bring:

• Post-secondary degree in Actuarial Science, Commerce, Economics, Mathematics, Computer Science, Engineering, Finance, or a related quantitative discipline
• FSA/FCIA designation
• Experience in portfolio management, asset-liability management, insurance investment strategy, financial modelling, capital management, risk management, or investment performance analysis
• Strong understanding of fixed income, private credit, mortgages, real estate, equities, derivatives, liquidity management, and liability-driven investment strategies
• Proven ability to develop quantitative models, optimization frameworks, scenario analysis, risk dashboards, governance materials, and executive-ready recommendations
• Demonstrated ability to build strong relationships and influence stakeholders across Asset Management, Finance, Actuarial, Risk, Product, and Technology functions
• Strong documentation, governance, and continuous improvement skills, with experience developing scalable processes, policies, guidelines, controls, and reporting practices
• Experience with Python, R, SQL, VBA, Power BI, or similar analytical and automation tools is considered an asset

What’s in it for you:

• Career Growth: Regular learning sessions and developmentopportunities
• Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pensionmatching
• Time Away: Competitive vacation plus one paid volunteer day each year
• Flexibility: Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach

We’re committed to fair pay and an inclusive, accessible hiring experience. If you need accommodations or alternative formats at any stage, just reach out to us at [e-mail]. We’re happy to help.

If you’re selected to move forward, our Talent Acquisition team will walk you through all the details of our total rewards program, so you know exactly what’s included. This position is open and we are excited to find the right person to join our team.Your base pay will be based on your skills, qualifications, experience and education.

At Equitable, your resume will be reviewed by real people and all hiring decisions are made by our recruiters and hiring managers. AI tools may be used to support administrative and productivity tasks throughout the recruitment process, but we believe that evaluating experience, skills, and talent potential requires meaningful human interaction.

As part of our commitment to maintaining a secure and trusted workplace, candidates selected to move forward in the recruitment process will be required to complete a background screening in accordance with company policy.