Senior Risk Manager, Fund Manager Group

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

Job summary

A leading company in Ontario is seeking a Senior Risk Manager for its Fund Management Group. This role involves overseeing risk management for substantial pension and nuclear funds, requiring strong analytical and communication skills. The successful candidate will enhance portfolio management tools and collaborate with diverse teams to ensure effective risk strategies. Join a company committed to low-carbon energy solutions and make a significant impact on the future.

Qualifications

• 10 years of experience in portfolio, asset, or risk management.
• Chartered Financial Analyst (CFA) or Level 3 Candidate.

Responsibilities

• Monitor portfolio risk metrics daily and prepare risk dashboards.
• Develop new data, risk, and portfolio management tools.
• Foster collaborative relationships with external stakeholders.

Skills

Communication

Analytical

Problem-Solving

Project Management

Quantitative Analysis

Education

Bachelor’s Degree

Chartered Financial Analyst (CFA)

Tools

BarraOne

Power BI

Job description

Senior Risk Manager, Fund Management Group

Join to apply for the Senior Risk Manager, Fund Management Group role at Ontario Power Generation.

Status: Regular Full Time
Working Conditions: On-site
Education Level: Bachelor’s Degree (Required), Masters degree or other advanced degree
Base Location: Toronto, ON
Shifts: 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. 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, ideas, and people. Join OPG and make history.

Whether you work in 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. We are seeking 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, the Senior Risk Manager will oversee measurement and management of risks across the OPG Pension and Nuclear Funds. The role involves partnerships with Fund Management investment teams and engagement with stakeholders. The ideal candidate will demonstrate excellent technical, communication, and critical thinking skills.

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

Key Accountabilities

• Monitor portfolio risk metrics daily and prepare risk dashboards. Analyze changes and communicate findings to team members.
• Maintain, verify, and reconcile risk system and portfolio data; improve asset modeling and develop 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.
• Foster collaborative relationships with external stakeholders and team members; mentor junior staff.

Qualifications

• Undergraduate degree required; advanced degree or equivalent experience is an asset.
• Chartered Financial Analyst (CFA) or Level 3 Candidate.
• 10 years of experience in portfolio, asset, or risk management; cross-asset class knowledge is desirable.
• Experience with BarraOne; knowledge of other risk systems is an asset.
• Knowledge of portfolio construction, risk management principles, and best practices.
• Strong communication, interpersonal, analytical, research, and problem-solving skills.
• Excellent project management skills and ability to handle multiple projects.
• Proven skills in quantitative analysis, database management, coding, and software development.

The successful candidate will uphold integrity and corporate values. OPG is committed to fostering an inclusive, equitable, and accessible environment. For accommodations, contact [e-mail].

Additional Information

OPG operates across Ontario and the U.S., meeting about 50% of Ontario’s electricity needs from low-carbon sources. We are advancing low-carbon technologies like SMRs, refurbishments, and electrification initiatives.

Please submit your application online at jobs.opg.com. Only shortlisted candidates will be contacted. Salary depends on experience, education, and other factors. OPG values diversity and encourages applications from equity-seeking groups.