Senior Advisor/Analyst, Market Risk – Invest PSP

Title of the Job: Senior Advisor/Analyst, Market Risk

Location: Montreal, QC

Job Description: ABOUT USWe’re one of Canada’s 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 Montréal 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 world’s top companies. At PSP, you’ll 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 YOUR ROLEThe Senior Analyst, Market Risk uses his or her expertise to ensure effective and relevant monitoring of the various market risks. He/she aims to provide portfolio managers with quality information necessary for their decision-making on a daily basis by monitoring positions and developing an in-depth knowledge of investment strategies. In addition, they will assist the director with the implementation of appropriate tools for the team and collaborate on the various projects of the team.Actively contributes to the development and implementation of the Market Risk Management Framework including the annual review of the risk budget, collaborating with internal teams and external stakeholders to identify and assess potential risksContinuously monitor and ensure compliance with the various limits set by the Market Risk Management Framework, ensuring proactive analysis and rapid reaction to detected deviations. Work closely with relevant teams to implement corrective actions and optimize risk management processesActively monitor the various investment strategies in order to identify their main themes and risk factors in connection with financial market events that may impact themProvide in-depth analysis of the financial markets and their risk factors in order to link them to the positioning of the different portfoliosProvide expertise in financial engineering and quantitative research to the various business units on risk modeling and portfolio construction methodsEnsure accurate and adequate risk modeling of all types of derivatives traded by PSP and its partnersParticipate in the development and automation of new analytical tools to better monitor the risk/return profile of the various portfolios (new metrics and factor approach)Ensure the review and optimization of operational processes to allow more flexibility in the development of quantitative analyses necessary for investment decision-making and risk monitoringParticipate in the identification and development of new risk factor analysis scenariosPerform ad hoc analysis for investment groups and management regarding specific investments or during market eventsKeep abreast of best practices in risk management and financial engineering in industry and at the academic levelConstantly abreast of developments in the financial marketsWHAT YOU’LL NEEDMaster’s or PhD degree in financial engineering or a related fieldProfessional designation (PRM, FRM, CFA), an assetMinimum of five (5) years of experience for the Senior Analyst level or eight (8) years of experience for the Advisor levelPrevious experience in a financial environmentStrong analytical abilityExcellent knowledge of risk management and derivativesExcellent knowledge of the financial marketsAbility to work under pressureSense of responsibility and autonomyExcellent proficiency with data querying tools such as SQLExcellent programming knowledge (Matlab, Python) is an assetKnowledge of market risk measurement systems (Riskmetrics) and financial data (Bloomberg) is an assetProficiency in English and French (or willingness to learn) (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 caregiversVacation 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-PG1

Company Name: Invest PSP

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