Senior Advisor, Portfolio Risk Management

PSP Investments | Investissements PSP; Montreal (administrative region); Hybrid; CAD 100,000 - 130,000; Full time

Benefits offered by this job

Investment in career development

Comprehensive group insurance plans

Competitive pension plans

Unlimited access to virtual healthcare services

Gender-inclusive paid family leave

Vacation days available on day one

Hybrid work model

Job summary

PSP Investments | Investissements PSP in Montreal is seeking a Senior Advisor in Portfolio Risk Management. The ideal candidate will lead the portfolio-level risk view for Private Asset Classes and ensure effective communication with senior stakeholders. Applicants should have a master's degree in finance or accounting, at least 8 years of relevant experience, and be bilingual in English and French. The position offers a hybrid work model and a comprehensive benefits package.

Qualifications

• 8+ years of experience in portfolio risk management or relevant analytical roles.
• Demonstrated experience with Private Asset Classes.
• Ability to influence without direct authority.

Responsibilities

• Lead analyses to understand portfolio exposures and performance drivers.
• Monitor portfolio risk metrics and perform stress testing.
• Translate complex risk analytics into actionable insights.

Skills

Portfolio risk management

Investment team experience

Strategic thinking

Bilingualism (English and French)

Education

Master’s degree in finance or accounting

Professional designation (CPA, CFA, FRM)

Job description

About Us

We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

About The Team

The Senior Advisor, Portfolio Risk Management is responsible for leading the portfolio‑level risk view for assigned Private Asset Classes, including the monitoring, analysis, and communication of key risk exposures and performance drivers. The role ensures a consistent and well‑understood risk narrative across senior stakeholders, including Investment teams, the CIO Office, and the Risk group. The Senior Advisor plays a central role in shaping the evolution of Top‑Down portfolio risk frameworks, establishing best practices, and advancing analytical standards for Private Assets, characterized by illiquidity, leverage, and complex risk drivers. The role requires strong judgment, deep analytical capability, and the ability to influence outcomes without direct authority.

About Your Role

• Lead analyses that build a comprehensive understanding of portfolio exposures, risks, and performance drivers for the assigned asset class
• Influence the adoption and the evolution of the Top‑Down portfolio framework developed by the risk group
• Lead ongoing monitoring of portfolio risk metrics, concentration risk, performance trends, stress testing, and scenario analysis
• Actively collaborate on the preparation of executive‑level materials for the senior management of the risk group and governance committees
• Translate complex risk analytics into clear and actionable insights to support investment committees and portfolio managers
• Support the development, implementation, and ongoing adherence of portfolio risk frameworks, policies, and limits
• Act as a trusted advisor to Investment teams and CIO Office on portfolio‑level risk considerations
• Provide independent challenge and constructive recommendations on portfolio decisions, transactions, and strategic initiatives

What You’ll Need

• Master’s degree in finance or accounting or related field (e.g., MBA, MSc) and/or professional designation (e.g., CPA, CFA, FRM)
• Eight (8) + years of experience in portfolio risk management, investment team, portfolio management, or a relevant analytical role
• Demonstrated experience with Private Asset Classes
• Strong ability to communicate effectively at different levels of seniority
• Strategic thinking and sound risk judgment
• Attention to detail with strong execution discipline
• Ability to influence without direct authority
• Bilingualism English and French (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)

Benefits and Compensation

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development
• Comprehensive group insurance plans
• Competitive pension plans
• Unlimited access to virtual healthcare services and wellness programs
• Gender‑inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
• A personalized family‑building support, from pre‑pregnancy to menopause, with available financial assistance
• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
• A hybrid work model with a mix of in‑office and remote days
• Benefits package may vary based on your employee type.

At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.