The Risk division provides liability and risk expertise focused on long-term Total Fund investment, risk management and the governance framework. The Risk division is also charged with ensuring the Plan is sustainable, and that the funding risk is aligned to the Board's Risk Appetite Statement.

Credit & Counterparty Risk Management (CCRM) in Risk includes two main functions: credit and counterparty risk analysis determining the acceptability of exposure to a given entity/group and advising investing peers on changes in derivative, secured financing and market infrastructure regulations that could impact how OTPP deploys capital.

The Investment Associate will support the global credit risk analysis function at OTPP and become a subject matter expert on Financial Institutions Group (FIG) regulations within her/his assigned region of coverage along with Structured and Private Credit within the same region(s) .

Who you'll work with

This role will report to the Director in Credit & Counterparty Risk Management team.

What you'll do

This role will handle the following analytical aspects of counterparty credit risk:

• Advise on credit terms in counterparty documentation.

• Aid in the development of Fundamental and Market Implied Credit Risk Models

• Understanding of Machine Learning (ML) and Natural Language Processing (NLP) techniques pertaining to Credit Risk

• Ability to develop minimum viable products and proof of concepts for ML/NLP based credit models

• Working experience with python analyzing time series, data storage and automation.

• Working experience with creating interactive dashboards using Power BI

• Provide inputs required for management and monitoring of credit risk and counterparty exposures against credit limits.

• Provide credit input to other departments on new or complex derivatives and structured products with embedded credit risk.

• Attribute the potential future exposure by counterparty and transaction.

• Highlight the impact of changing regulations on these products.

• Participate in management of internal and external relationships, primarily with the Investments Division Credit & Counterparty Committee, Capital Markets Relationship Stewards and counterparties, market infrastructures, brokers, regulators and rating agencies.

• Ensure that counterparty credit risk is properly identified , analyzed and reported.

• Perform credit assessments of new and review/monitoring of existing counterparties (primarily global financial institutions, exchanges, CCPs and other market infrastructures along with broker-dealers).

• Perform credit assessments of new and review/monitoring of existing Structured and Private Credit transactions across multiple industries and the entire credit spectrum (IG to distressed)

• Detect and escalate relevant market and regulatory credit risk issues to decision makers at OTPP.

• Adhere to and remain apprised of global best practices in the assessment of counterparty credit risk.

• Participate in internal initiatives to improve efficiency of credit risk processes.

• Provide full support and back-up for the broader team for on credit risk related matters

• Oversee the credit risk of a portfolio of highly regulated financial services companies and their regulators within a specific Region (Canada, USA, EMEA, Asia-Pac etc.)

• The Investment Associate must be able to analyze the most complex financial institutions and defend her/his analysis to Senior Executives

• Presentations to the Senior Credit Committee

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What we’re offering

• Competitive compensation

• Numerous opportunities for professional growth and development

• A flexible/hybrid work environment combining in office collaboration and remote working

• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year

• Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

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