Senior Associate, Balance Sheet Management & Short-Term Strategies

at  Healthcare of Ontario Pension Plan HOOPP

Why you’ll love working here:

• high-performance, people-focused culture
• our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team’s diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)
• optional post-retirement health and dental benefits subsidized at 50%
• yoga classes, meditation workshops, nutritional consultations, and wellness seminars
• access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees
• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Job Summary
HOOPP’s Balance Sheet Management and Short-Term Strategies team is responsible for the short-term liquidity portfolio of global high quality fixed income securities, while ensuring appropriate liquidity for the overall Plan. This role will be directly involved in supporting the Fund’s portfolio management with the expectation of creating significant value add for the Fund.

What you will do:

• Contribute to construction, idea generation and trade execution for the portfolio.
• Research, recommend and efficiently execute trading strategies in fixed income credit and derivatives markets across multiple currencies.
• Monitor, review and refine our risk reporting and trade processing configuration.
• Ensure all trades are processed in a timely manner.
• Develop original and innovative research and analysis of our trading markets and opportunities.
• Build and develop relationships with external partners with particular focus on new ideas, trends and innovations.
• Assist in portfolio bookrunning, performance attribution and building system redundancy to ensure compliance within the Fund guidelines.
• Work closely with the repo and collateral team to manage the Plan’s overall liquidity position, and to align the Portfolio to optimize its balance sheet usage for the Plan.

What you will bring:

• Completed university undergraduate degree in Business Administration, Commerce or Finance.
• Completion of (or minimally, the enrolment in) the CFA Program.
• Minimum of 4 years of relevant experience in institutional fixed income cash and interest rate derivatives trade execution.
• Strong understanding of G7 fixed income government spread product markets, and of the process involved with taking and managing risk in a portfolio context.
• Familiarity with cross-currency basis, XVA, and portfolio construction concepts.
• Relevant financial coding skills in R or Python.
• Demonstrated quantitative and analytical capabilities with excellent attention to detail.
• Self-motivated, with the ability to work and think independently and to make decisions under pressure from start to finish with little supervision.-
• Strong written and verbal communication skills, collaboration oriented who works well within a team environment.
• A history of demonstrating HOOPP’s values and the highest personal integrity.

NOTE: Please include a cover letter with your application.
Candidates are encouraged to write a brief cover letter which will outline how their skills, characteristics, relevant experience and future goals may align with the desired job attributes and qualifications and may also include reference to demonstration of HOOPP’s values

• Contribute to construction, idea generation and trade execution for the portfolio.
• Research, recommend and efficiently execute trading strategies in fixed income credit and derivatives markets across multiple currencies.
• Monitor, review and refine our risk reporting and trade processing configuration.
• Ensure all trades are processed in a timely manner.
• Develop original and innovative research and analysis of our trading markets and opportunities.
• Build and develop relationships with external partners with particular focus on new ideas, trends and innovations.
• Assist in portfolio bookrunning, performance attribution and building system redundancy to ensure compliance within the Fund guidelines.
• Work closely with the repo and collateral team to manage the Plan’s overall liquidity position, and to align the Portfolio to optimize its balance sheet usage for the Plan