Senior Risk Manager, Fund Manager Group

Ontario Power Generation Inc.; Toronto; On-site; CAD 129,000 - 206,000; Full time

Job summary

A leading company in Ontario is seeking a Senior Risk Manager to oversee risk management for its pension and nuclear funds. The role involves monitoring portfolio risks, developing management tools, and collaborating with stakeholders. Ideal candidates will have a strong background in risk management, excellent analytical skills, and a commitment to integrity and corporate values.

Qualifications

• 10 years of experience in portfolio, asset, or risk management.
• Experience with risk management systems and portfolio construction.

Responsibilities

• Daily monitoring of portfolio risk metrics and preparation of risk dashboards.
• Develop new data, risk, and portfolio management tools.
• Build collaborative relationships with external stakeholders.

Skills

Communication

Critical Thinking

Analytical

Problem Solving

Project Management

Education

Bachelor’s Degree

Master’s Degree

Chartered Financial Analyst (CFA)

Tools

BarraOne

Power BI

Job description

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Senior Risk Manager, Fund Management Group

Location: Toronto, ON, CA, M5G 1Z5

Status: Regular Full Time

Working Conditions: On-site

Education Level: Bachelor’s Degree (Required), Masters degree or other advanced degree

Base Location: Toronto, ON

Shift(s): Days

Travel: 10% or less

Deadline to Apply: June 11, 2025

Salary Range: $129,000 - $206,000

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders, and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

Job Overview

The OPG Fund Management Group oversees $50 billion in assets for the OPG Pension Fund and OPG Nuclear Funds. Ontario Power Generation (OPG) is looking for an investment professional to join our team as a Senior Risk Manager, Fund Management Group within the Portfolio Strategy and Investment Risk team.

Reporting to the Managing Director, Portfolio Strategy and Investment Risk, the Senior Risk Manager will oversee measurement and management of risks across the OPG Pension and Nuclear Funds. Partnerships with Fund Management investment teams and engagement with various stakeholders will be key. The successful candidate will demonstrate excellent technical, communication, and critical thinking skills.

This is an exciting opportunity to contribute to Ontario Power Generation’s strong, stable pension fund and a future of clean, dependable energy.

Key Accountabilities

• Daily monitoring of portfolio risk metrics and preparation of risk dashboards. Analyze key changes and communicate findings to the FMG team.
• Maintain, verify, and reconcile risk system and portfolio data; develop new risk reports.
• Track portfolio positioning and cash flow; coordinate rebalancing and cash management transactions.
• Review and recommend updates to investment and risk policies and procedures.
• Use quantitative analysis to generate insights on portfolio risk and characteristics.
• Develop new data, risk, and portfolio management tools using database management, coding, APIs, and third-party products like Power BI.
• Prepare presentations and materials for stakeholder and governance meetings.
• Build collaborative relationships with external stakeholders and within the team; mentor junior members as appropriate.

Qualifications

• Undergraduate degree required; Master’s or equivalent experience preferred.
• Chartered Financial Analyst (CFA) or Level 3 Candidate.
• 10 years of experience in portfolio, asset, or risk management; cross-asset knowledge is a plus.
• Experience with BarraOne and other risk management systems.
• Knowledge of portfolio construction, risk management principles, and strategies.
• Strong communication, critical thinking, analytical, and problem-solving skills.
• Project management skills with ability to handle projects of varying scope.
• Proven skills in quantitative analysis, database management, coding, and software development.

The successful candidate will uphold integrity and corporate values, including the OPG Code of Business Conduct.

OPG is committed to fostering an inclusive, equitable, and accessible environment. For accommodations during the application or interview process, contact [e-mail].

What makes a career at OPG different?

With operations across Ontario and the U.S., OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet about 50% of the province’s electricity needs from low-carbon sources like nuclear and hydro.

We aim to achieve Electrifying life in one generation. We are also advancing low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives. Join OPG and make history.

Apply online at jobs.opg.com. Only shortlisted candidates will be contacted.