Senior Manager, Pension Investments

RBC; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Manager for Pension Investments to oversee operations of Canadian pension plans. This pivotal role involves managing investment risks, promoting best practices, and collaborating with various teams to ensure compliance and operational excellence. The ideal candidate will have a strong background in finance, exceptional analytical skills, and a keen interest in financial markets. Join a dynamic environment where your expertise will contribute to the strategic management of pension investments and enhance organizational performance.

Qualifications

• 5+ years of investment experience in institutional environments.
• Proficiency in financial research and modeling.

Responsibilities

• Provide analytical support for managing pension investment programs.
• Lead analysis of emerging risks and portfolio strategy changes.

Skills

Annuities

Critical Thinking

Defined Benefit Plans

Investment Risk

Portfolio Performance Analysis

Risk Analysis

Education

Bachelor’s degree in Finance

Professional designation (CFA, FRM, etc.)

Tools

Power BI

Python

Excel

Job description

Job Summary

Job Description

What is the opportunity?

The Senior Manager, Pension Investments will support Portfolio Managers in overseeing the operations of RBC’s Canadian Defined Benefit and Defined Contribution pension plans, focusing on portfolio performance reporting and analysis. The role involves managing investment risks such as concentration, liquidity, leverage, and market risks, while promoting best practices in controls, monitoring, and operational compliance. This individual will engage in new initiatives, performance measurement, analytics, risk policy development, and relationship management with internal and external partners, including investment managers and pension service providers. Collaboration with teams across RBC—such as the plan’s custodian, Human Resources, Legal, Tax, Finance, and Corporate Treasury—is essential to fulfill these responsibilities. Routine operations like transaction processing and reporting will also be part of the role.

What you will do?

1. Provide analytical support for managing RBC Pension Plan investment programs.
2. Maintain accurate and timely information to support investment decisions, monitoring, and reporting.
3. Lead analysis of emerging risks, portfolio strategy changes, and conduct deep dives into portfolio concepts.
4. Prepare quarterly performance and risk reports for governance bodies like the Pension Plan Management Committee.
5. Lead annual risk assessments, review risk controls, and ensure operational risk compliance.
6. Contribute to developing and implementing governance policies and control procedures.
7. Monitor cash requirements for investment transactions, including contributions, dispositions, portfolio transitions, and rebalancing, while managing routine transactions.

What you need to succeed?

Must Have

• Bachelor’s degree in Finance, Statistics, Mathematics, or related field with 5+ years of investment experience.
• Professional designation or progress towards such as CFA, FRM, CAIA, ASA.
• Expertise in investment disciplines, gained through experience in financial research or modeling within institutional investment environments.
• Proficiency with computer applications and complex Excel spreadsheets.
• Knowledge of investment sustainability, performance, risk analysis, including ESG integration.
• Keen interest in financial markets and investments.
• Excellent interpersonal and communication skills for engaging with colleagues and external contacts.
• Strong attention to detail and accuracy, with problem-solving skills.

Nice to Have

• ESG certification.
• CIPM certification.
• Experience with Power BI and Python.

Job Skills

Annuities, Critical Thinking, Defined Benefit Plans, Group Problem Solving, Investment Risk, Investments, Management Reporting, Mathematical Finance, Pension Plans, Portfolio Performance Analysis, Portfolio Strategies, Risk Analysis

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W, TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full-time

Platform: OFFICE OF THE CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-05-06

Application Deadline: 2025-05-21

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.

Inclusion and Equal Opportunity Employment

At RBC, we value diversity and inclusion, believing that diverse perspectives foster growth. We are committed to providing a workplace where employees feel supported, can collaborate effectively, and grow professionally. Our policies promote respect, belonging, and opportunity for all.

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