Pension Investment Analyst Job at Financial Services Regulatory Authority of Ontario (FSRA) – in Toronto, ON
PURPOSE OF POSITION
To conduct pension investment risk analysis, research and provide technical support to the Pension Investment Risk team to operationalize and enhance FSRA’s prudential supervision of pension plans.
Please Note: We currently have two (2) permanent full-time positions available.
Pension Investment Risk Monitoring
Undertakes the development, implementation and update of criteria used to screen, detect, and flag pension plans with potentially high investment risks.
Assists in conducting detailed reviews of the “flagged” high-risk pension plans, including actively monitored pension plans, taking into considerations all possible aspects of asset management (e.g., fund governance, investment policies, asset allocation, portfolio construction, performance attribution, and risk management) to determine the probability and severity of investment risks and non-compliance situations.
Assists with the engagement process with pension plans as it relates to investment-related discussions.
Assists in conducting analysis associated with deep-dive investment risk assessment and review of selected pension investment practices and monitors effectiveness of risk management, including but not limited to liquidity, investment, alternative assets, FX programs, use of leverages, credit, funding, operational and governance related to pension plans and their sponsors.
Assists in the preparation of relevant review material and correspondence to the pension plans, senior management and the FSRA Board.
PBGF Investment Oversight
Provides professional/technical support and analysis with respect to all aspects of the Pension Benefits Guarantee Fund’s investment, including maintaining its Investment Policy Statement (IPS), assessing appropriateness of strategic asset allocation and monitoring investment performance on a regular basis.
Assists in the development and implementation of stress testing models to measure and identify key exposures to both the Pension Benefits Guarantee Fund and pension plans supervised by FSRA.
Assists in the preparation of relevant PBGF investment material for the PBGF Management Committee and the FSRA Board.
Financial and Credit Analysis
Assists and supports conducting financial and credit analysis of specific companies or sector of the economy, including regular production of related reports.
Industry Outreach and Research
Assists in conducting research (or partner with other appropriate institutions) on current and emerging investment strategies and products in both capital markets and private markets (including subjects/issues with investment implications) and provides information/technical support to keep the Pension Investment Risk team apprised of emerging trends/issues in the pension investment industry (e.g., increasing allocation to alternative asset classes) that warrant FSRA’s consideration and proactive response.
Provides subject matter support to inform the establishment of and amendments to government legislation/regulations/policies governing and/or related to pension investments.
Assists with various relevant CAPSA initiatives.
Education and Experience
Graduate degree in commerce, accounting, business, finance, economics, mathematics, statistics, computer science or other relevant field.
Completion of level 2 course of the Chartered Financial Analyst designation an asset or similar level of investment and financial knowledge.
5 – 7 years’ experience in undertaking financial risk management and measurement of pension plans or other financial institutions.
Knowledge and Skills
Comprehensive knowledge of and skills in concepts, tools, theories and principles broadly used in the investment profession (e.g., quantitative methods, economics) and analyzing and valuating investment in all asset classes (such as equity and fixed income securities) for risk associated with pension fund investment.
Knowledge of and skills in finance/investment theory/ concepts, investment management, portfolio management, capital market products including derivatives, hedge funds, and other traditional/non-traditional investments to conduct investment reviews, analyze portfolios, and determine diversification and risk/return trade off.
Knowledge of market, credit and operational risk for investment and pension funds.
Knowledge of stress testing methodologies, financial modeling and data analytics for investment and pension funds.
Knowledge of supervisory processes or regulatory requirements for pension plans, an asset.
Research, analytical and quantitative skills to conduct investment risk assessment and review of selected pension investment practices.
Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy.
Verbal communication, interpersonal and advisory skills to build relationships, provide risk analysis and risk mitigation subject matter expertise.
Written communication and presentation skills to prepare and present comprehensive risk analysis and assessment reports, issues and options.
Technical aptitude including proficiency with various modeling software applications and Excel, Word, Access, etcetera.
Job Posting End Date:
Job postings close at 11:59pm on the date noted.
Job Code: 5A001F
Scheduled Weekly Hours:
FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.
NOTE: ONLY QUALIFIED CANDIDATES WILL BE CONSIDERED
About the Company
Company: Financial Services Regulatory Authority of Ontario (FSRA) –
Company Location: Toronto, ON