Analyst, Risk Analytics Jobs

The Risk Analytics team is deeply integrated within OMERS and operates on a foundational principle of trusted partner aligned to and supporting the overall objectives of OMERS. We provide both an independent view of risk-taking activities, as well as analytics and research to inform portfolio construction and risk optimization. The team is responsible for supporting a consolidated view of the total plan risk appetite and investment risk across all OMERS investment platforms.

As an Analyst on the Risk Analytics team, you will be responsible for research, development, and evaluation of quantitative risk metrics employed at the Total Plan level. This will require a combination of knowledge of statistical modeling, macroeconomic trends, and the ability to translate large amounts of quantitative and qualitative information into insights that support effective risk management.

As a member of this team, you will be responsible for

• Introducing enhancements to existing risk measures and approaches to monitor investment risks across business units, asset classes, industries, and regions
• Computing inputs for the quarterly investment risk report delivered to senior executives and the Board. This includes connecting with people across the organization to compile the required data
• Interacting and building relationships with investment professionals across Risk and the investment teams to understand and communicate the needs of the business
• Leverage our systems to source large datasets to answer key investment questions
• Create interactive dashboards for use by the risk team
• Researching emerging risks, trends, and best practices in risk management. This includes following macroeconomic themes, market trends and new research papers to identify opportunities to add insights to the OMERS portfolio
• Contributing to the ongoing development of a leading risk analytics program to support OMERS investment activities and the evolution of its investment strategies with a collaborative mindset
• Supporting the development of initiatives related to Total Plan Risk such as asset/liability management, risk appetite, and climate risk
• Working with investment data to help ramp up the development of insightful tools that support the measurement and reporting of investment risk
• Supporting the team’s technology and automation initiatives and liaising with the Analytics Oversight team to help enhance our data pipelines, risk tools, and dashboard development

To succeed in this role

The ideal candidate for this role is an individual in the earlier stages of their career with a strong interest in Risk and Data Science, with a desire to apply their knowledge in the investment management domain.

Requirements

• University degree in a quantitative discipline such as Math, Statistics, Finance, Economics, Engineering, or a related field
• Excellent at synthesizing complex analyses and presenting them to different audiences in an easy-to-understand way
• CFA or another financial risk designation or willingness to enroll in one is a strong plus
• Strong working knowledge of financial markets (public and private/alternative), including an understanding of how financial instruments are modeled
• Eager to learn and possessing strong intellectual curiosity
• 1-5 years of experience in pensions, climate risk, asset/liability management, and/or risk management is a strong plus
• Experience using 3rd party systems such as MSCI Risk Manager (or Barra) and Bloomberg is an asset
• Hands-on experience working with large datasets using numerical computing tools, with a desire to understand business risks through data
• Strong written and verbal communication skills
• Experience using Python (Pandas, Numpy, Matplotlib) and Power BI (and/or similar) is an asset
• Ability to understand and apply complex financial and statistical principles and methods
• Ability to build effective relationships internally and externally

Our story

Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $124 billion in net assets as at December 31, 2022. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children’s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.