Job Description

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, S\xc3\xa3o Paulo and Sydney.

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

• Diverse and inspiring colleagues and approachable leaders
• Stimulating work in a fast-paced, intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Being motivated every day by CPP Investments\xe2\x80\x99 important social purpose and unshakable principles
• A flexible/hybrid work environment combining in office collaboration and remote working
• A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here\xe2\x80\x99s an opportunity for you to invest your career at CPP Investments.



The Quantitative Risk group within Investment Risk is responsible for developing a consistent and integrated risk management framework to capture the risk of investments in public market, real estate, private equity, and other alternative asset classes. It is responsible for the development of risk models and measures used for board governance and is also responsible for validating all quantitative models that have a material impact on valuation, risk measurement and portfolio construction at the fund.

A challenging and exciting opportunity Manager/Director, Quantitative Risk, is open for a first-class quant or risk professional. The choice of title \xe2\x80\x9cManager\xe2\x80\x9d or \xe2\x80\x9cDirector\xe2\x80\x99 will depend on the experience of the individual. The individual will be working with a team of high-caliber risk managers to conduct critical analysis of existing risk measures and risk methodologies and develop new risk solutions. The role-specific accountabilities include:

• Lead the development and implementation of risk models suitable for both public and private asset classes.
• Provide idea leadership in the development of quantitative risk solutions across Risk Management.
• Conduct critical review and validation of existing models, including risk models and portfolio construction models.
• Supervise less experienced members of the team.
• Liaise with business owners, risk-oversight heads, and portfolio-construction managers to support the portfolio management and investment decision process.
• Partner with external vendors to enhance and influence new product development.

Qualifications

• Graduate degree from a top-ranked university in Mathematical Finance, Actuarial Science, Mathematics, Statistics, Physics, or Economics.
• 10+ years of experience working in top-tier financial institutions.
• Very strong communication skills, both verbal and written. Must be able to produce documents that will be read by senior member of the firm, from investment department heads to board members.
• Strong knowledge of market risk and credit risk principles obtained by working in a model-development shop or in a model validation shop.
• Understanding of principles underpinning derivative valuation.
• Experience writing software, especially in Python.
• Understanding of model-risk management principles, such as those described in SR 11-7.
• Proven self-starter and creative thinker with a track record of delivering sound quantitative risk solutions.

We are looking for candidates that also have one or more of the following:

• People-management experience.
• Knowledge of private assets and their associated risks.
• Knowledge of Modern Portfolio Theory, CAPM.
• Experience working with MSCI RiskManager, Moody\xe2\x80\x99s KMV.
• Knowledge of BARRA factor models.

Additional Information

Visit our or Follow us on LinkedIn. #LI-AF1

#LI-Hybrid

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.

Mandatory Vaccine Policy

All employees in the Toronto, New York, San Francisco, Mumbai, Sydney, Hong Kong, and Sao Paulo offices will be required to be vaccinated against COVID-19. Accommodations to this policy will be made for medical or other protected grounds. Please contact us to discuss any accommodation needs.

CPP Investments