Risk Director, Private Equity

Alberta Investment Management Corporation (AIMCo); Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

A leading investment management corporation seeks a Risk Director for its Private Equity sector. The role involves overseeing investment risk, fostering partnerships with management, and ensuring effective decision-making through transparent risk assessments. Ideal candidates will possess a strong quantitative background and over 12 years of experience in finance.

Qualifications

• 12+ years of relevant experience as a Private Equity investment risk manager.
• Extensive knowledge of investment strategies and risk types.
• Ability to collaborate with senior management.

Responsibilities

• Overseeing Private Equity asset class and related risk assessments.
• Developing relationships with portfolio managers and senior leadership.
• Contributing to AIMCo's investment decision-making process.

Skills

Investment Strategies

Risk Management

Negotiation

Leadership

Education

Bachelor's degree or higher in a quantitative discipline

Completed relevant professional designation (e.g., CFA, PRM, FRM)

Job description

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Investment Risk Management (IRM) is a department within the Risk Management division. IRM supports AIMCo’s investment decision-making processes by providing insight and independent oversight of AIMCo’s investment risks at the total fund, client total portfolio, asset class, product and strategy levels. IRM is organized into the following teams to provide dedicated coverage of investment risks : Total Fund, Client Total Portfolio, Tactical, Public Equity, Public Fixed Income & Mortgages, Private Debt & Loan, Infrastructure & Renewable Resources, Real Estate and Private Equity.

Closing Date

Investment Risk Management (IRM) is a department within the Risk Management division. IRM supports AIMCo’s investment decision-making processes by providing insight and independent oversight of AIMCo’s investment risks at the total fund, client total portfolio, asset class, product and strategy levels. IRM is organized into the following teams to provide dedicated coverage of investment risks : Total Fund, Client Total Portfolio, Tactical, Public Equity, Public Fixed Income & Mortgages, Private Debt & Loan, Infrastructure & Renewable Resources, Real Estate and Private Equity.

Reporting to the Managing Director, Head of Investment Risk Management, this position within the IRM team is responsible for overseeing the Private Equity asset class. This position will also have exposure to other private market asset classes.

The key to success in this role is to establish and cultivate successful partnerships with AIMCo’s investment management teams, including senior leadership and executive, with an ability and effective means of negotiating and influencing the direction of key decisions and investments when required.

Responsibilities

• Developing and maintaining relationships and ongoing dialogue with portfolio managers and the Executive Managing Director, Global Head of Private Equity
• Maintaining portfolio risk monitoring and reporting that provides transparency into the Private Equity asset class’ risk profile and supports AIMCo in making risk-informed decisions
• Performing risk assessments of new or revised strategies, products, and material transactions. This includes highlighting the total portfolio risk implications of Private Equity asset class initiatives and positioning
• Contributing to the oversight of other private market asset classes, as requested
• Collaborating with other risk managers on transversal risks and cross asset class relative value
• Researching and recommending modeling improvements, in consultation with portfolio managers and the broader Risk Management team, to improve the risk measurement of exposures within the portfolio
• Advising on potential stress events or other emerging risks. Collaborating with portfolio managers and the broader Risk Management team to perform stress & scenario testing
• Providing coaching, mentorship, and leadership to other private market risk managers as well as the larger IRM department
• Contributing actively to AIMCo’s investment decision-making by presenting Risk Management’s advice and opinions to the Management and / or Board Investment Committee on proposed product mandates, strategies, and investment approvals
• Contributing to the development of organizational risk culture awareness and personal responsibility

Ideal Candidate Qualifications

• Bachelor's degree or higher in a quantitative discipline (Finance, Economics, Financial Mathematics, Computer Science). Masters, Ph.D. or the completion of a relevant professional designation (e.g. CFA, PRM, FRM etc..) is a plus.
• 12 + years of experience relevant work experience as a Private Equity investment risk manager or portfolio manager. Exposure to multiple private market asset classes is a plus.
• Extensive experience and expert knowledge of a broad range of investment strategies and risk types
• Initiative and the ability to grasp new concepts, driven and results oriented
• Thorough with attention to detail and an ability to prioritize and organize
• Able to influence senior management and peers, comfortable speaking up and providing counterbalance, while simultaneously maintaining collaborative
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity, and collaboration, and inspires the same in others

Success Measures

Year one success will be achieved by developing strong partnerships with the Global Head of Private Equity and within Risk Management.

Note this role will close at 11 : 59MST on June 26, 2025

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca / jobs

Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries.

Seniority level

Seniority level

Director

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

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