Senior Manager, Risk Analytics & Modelling

Healthcare of Ontario Pension Plan Trust Fund Company; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

100% company-paid extended health and dental benefits

Membership in defined benefit pension plan

Learning and development initiatives

Job summary

Healthcare of Ontario Pension Plan Trust Fund Company is searching for a Senior Manager in Risk Analytics and Modelling. The selected candidate will develop risk models, advise on advanced risk management strategies, and work collaboratively with various teams to ensure robust risk positioning.

The role necessitates a solid background in finance and risk management, plus advanced technical skills such as Python and quantitative analysis. Exceptional communication abilities are required to navigate this high-performance, people-focused culture.

Qualifications

• Minimum of 5 years in the financial industry with risk management focus.
• Experience working with traders and modeling financial instruments.
• Strong technical and quantitative skills along with excellent communication abilities.

Responsibilities

• Model derivatives, hedge funds, and securities within the risk management system.
• Review risk models and ensure they are well monitored.
• Establish new tools to evaluate financial risks faced by HOOPP.

Skills

Modeling derivatives

Risk management

Python

Collaboration

Analytical skills

Education

Graduate degree in Finance, Mathematics, Statistics, Business Administration, Economics

Tools

Risk management systems

AI-powered automation tools

Job description

Job Summary

Under the guidance of the Director, Risk Analytics and Modelling, the Senior Manager, Risk Analytics and Modelling will be accountable for instrument risk modelling. This incumbent will develop and foster strong relationships within all other parts of HOOPP, especially those related to the trading function, and will build and maintain strong relationships with peers and relevant external parties. In addition, the Senior Manager will advise and contribute to the development of advanced risk management approaches.

Responsibilities

• Model derivatives, hedge funds, liabilities, and other securities within the risk management system.
• Review the models on a regular basis and ensure that the risk embedded is well measured and monitored.
• Work with traders, finance, and developers to add new instruments and models as required.
• Establish new and state‑of‑the‑art tools that help measure and provide insight on all financial risks, especially market risk, faced by HOOPP.
• Design and implement tools to measure and monitor the risk in the portfolio.
• Assist in the validation of models including documentation, benchmarking, and assessing model performance.
• Leverage strong analytical capabilities in investment risk analysis and excellent writing and communication skills to ensure analysis and comments are communicated effectively through risk reports.
• Act as an expert in the risk management system, working closely with other groups at HOOPP to help them utilize the system to its full capacity and assist the Director with risk‑related questions.
• Foster continual innovation and thought leadership by leveraging state‑of‑the‑art industry intelligence and in‑house risk expertise across the Risk Division.

Qualifications

• Graduate degree in Finance, Mathematics, Statistics, Business Administration, Economics, or a related field.
• Minimum of 5 years of professional experience in the financial industry, including experience related to modeling and trading of financial instruments in the context of risk management.
• Practical experience modeling derivatives and other financial instruments.
• Experience working with traders and portfolio managers.
• Experience with Python.
• Experience using a vendor system for risk or trading is an asset.
• Excellent writing, editing, and problem‑solving skills.
• Strong technical and quantitative skills.
• Hands‑on experience with AI agents, large language models (LLMs), and AI‑powered automation tools in a professional setting is an asset.
• Programming knowledge is an asset.
• Strong interpersonal and communication skills.
• Demonstrated ability to collaborate within a team, while also being self‑motivated and able to work independently.

Benefits and Compensation

The actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, the individual's expertise and level of experience applicable to the role. This role is eligible to participate in discretionary incentive plan(s), subject to the terms and conditions of the applicable incentive plan text.

Additional Information

Why you’ll love working here: high‑performance, people‑focused culture that values equity, diversity, and inclusion. Learning and development initiatives include workshops, Speaker Series events, and access to LinkedIn Learning. Membership in HOOPP’s world‑class defined benefit pension plan. Competitive, 100% company‑paid extended health and dental benefits for permanent employees, including mental health support, parental leave top‑up, and a health spending account. Optional post‑retirement health and dental benefits subsidized at 50%.

EEO and Accommodation Statement

If you need accommodation at any point in our recruitment process, please advise your recruiter or email us at [e-mail] and we will be happy to consult with you so that arrangements can be made for reasonable accommodation.