Principal, Asset Allocation and Portfolio Construction
OMERS Ventures
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Under the leadership of the Chief Investment Officer, the Total Portfolio Management Group (TPM) is a relatively new team that covers trading, portfolio analytics, portfolio strategy and portfolio construction. The Portfolio Construction group provides a holistic lens across the OMERS investment portfolio, with responsibility for capital allocation and asset allocation guidance. The Portfolio Construction group works closely with the broader investment teams and partners to integrate best-in-class thinking on portfolio construction and support the continued evolution of the investment strategy.
As a key member of the group, the Principal, Portfolio Construction will make significant contributions to the capabilities and implementation of TPM’s capital allocation recommendations. This candidate will improve TPM’s tool set, perform analysis and conduct research to guide top down allocation across portfolio asset class, FX, geography, investment strategy and risk factor exposures. He/she will support the development of a top-down portfolio construction and asset allocation framework that fosters the achievement of overall portfolio investment return and risk targets.
The right person for this role demonstrates thought leadership and brings a combination of quantitative, qualitative research and communication skills, practical experience and sound judgment.
As a member of this team, you will be responsible for:
- Employing data methods, visualization and analytics to further understanding of OMERS overall portfolio characteristics and improve TPM’s tool set
- Connecting with different investment teams to better understand OMERS total plan exposure and generate better insights on the balance sheet
- Be involved in helping recommend OMERS Strategic capital allocation and asset allocation guidance through a combination of quantitative modeling, analysis and qualitative investment research
- Conduct research regarding different economic, market or investment trends and new strategies towards the goal of tangible recommendations that benefit meeting OMERS objectives
- Providing contributions to the design and implementation of TPM Asset Class and Scenario Analysis framework, definitions, and modeling
- Synthesizing analysis and views into clear, concise messages that can be shared with stakeholders throughout OMERS
- Fostering relationships with investment teams and business partners to support the overall evolution of the TPM Portfolio Construction capabilities
- Engaging with cross-OMERS personnel to increase TPM’s knowledge of investment strategies and portfolios
- Collaborating, sharing information and insights across investment teams to deliver the best outcomes for the pension plan
- Mentoring less experienced members of the team, sharing information, knowledge and insight to support the build-up of a best in class portfolio construction team
To succeed in this role, you bring:
- 8+ years of industry experience gained in top down portfolio construction/portfolio management/capital markets/strategy preferably at a Pension Fund, Insurance company or Asset Management firm.
- Relevant public market investing and capital/asset allocation experience across multiple asset classes.
- Some exposure to different physical and synthetic investment products such as ETFs, options, futures etc.
- Some relevant exposure to private markets is ideal
- Familiarity with different strategic portfolio optimization approaches, rebalancing and/or tactical allocation
- An academic background in Math, Statistics, Finance, Engineering, Computer Science or related field. CFA designation is an asset
- Exceptional analytical, quantitative, research and financial modeling skills with the ability to generate insights and think holistically at a portfolio level
- Demonstrated experience in delivering cross departmental projects/solutions working with multiple stakeholders and partners
- Exceptional ability to communicate potentially complex ideas and results simply and effectively, to a diverse range of stakeholders
- A high attention to detail that complements your ability to see the big picture
- Humility and self-awareness. You value feedback, invite and integrate different perspectives
- Drive, self-motivation and the ability to take initiative to drive impact and results
- A collaborative mindset and strong relationship management skills
- The ability to prioritize competing tasks while delivering high-quality products within deadlines
- Proven ability to establish team trust and foster an inclusive culture. Working style flexibility that supports many individuals with different skills, experiences, and perspectives
- A consistent, can do attitude and never lose sight of the mission to successfully build our business to fulfill the OMERS pension promise
As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities where we live and work — and the members we proudly serve.
From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.