Job Description

ABOUT USWere one of Canadas largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024.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 Montrxc3xa9al 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 worlds top companies. At PSP, youll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.EXPERIENCE THE EDGEAt PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an where diversity is embraced.ABOUT THE TEAMSitting within the Chief Investment Office (CIO) group of one of the largest pension funds in Canada, the Dynamic Asset Allocation and Currency Management (DAACM) team leads the dynamic asset allocation and currency management of PSP overall portfolio (the Total Fund). The team is in charge of managing rebalancing activities, for asset classes and currencies, to ensure that the Total Fund exposure is aligned with desired targets.ABOUT YOUR ROLEAs an Advisor/Senior Advisor in the DAACM team, you will play a pivotal role in shaping our investment strategies across both public and private asset markets. Your economic expertise will help guide key asset allocation and currency management decisions, ensuring that our investment strategy is aligned both with our desired targets as well as economic and financial trends and forecasts.Your main responsibilities include:Establish the economic and financial scenarios used as inputs in our Capital Market Assumptions (CMAs) and various stress testsDevelop and improve on in-house analytical tools and econometric models key to the analysis of economic conditions and financial marketsActively contribute to the economic research agenda, including the economic assessment of various countries/regions, sectors, and global financial marketsCollaborate closely with other CIO teams and contribute to recommendations to support strategic and dynamic asset allocation, as well as currency hedging decisionsAnswer to requests from the CIO, Board of Directors, and Senior Management, and provide deal-specific macroeconomic assistance to investment teamsStay informed about economic and econometric analysis best practices and perform quality research aimed at identifying opportunities to enhance PSP returnsWHAT YOULL NEEDAdvanced degree (Masters or Ph.D.) in Economics, Finance, or a related fieldMinimum of five (5) years of experience with economic and econometric analysis in the investment or policy-making sectorsStrong understanding of global macroeconomic trends and their impact on financial marketsAdvanced quantitative and data analysis, with proficiency in econometric modeling, estimation, and forecastingAbility to communicate complex economic concepts clearly and concisely to non-specialistsStrong collaborative skills and the ability to work effectively within and across different teamsFlexibility to adapt to changing investment conditions and organizational needsProficiency with econometric packages (Eviews, Python, R, etc.), Microsoft Office suite, and financial market databases (Bloomberg, Haver, Datastream, etc.)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)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 developmentComprehensive group insurance plansCompetitive pension plansUnlimited access to virtual healthcare services and wellness programsGender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregiversA personalized family-building support, from pre-pregnancy to menopause, with available financial assistanceVacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons offA hybrid work model with a mix of in-office and remote days*Benefits package may vary based on your employee type.At PSP, we aim to provide an inclusive workplace where we leverage diversity and 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.Visit us onFollow us on#LI-AM1

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