Job Description: What is in it for you:
What you will do:
- Working closely with SLC and other internal partners, develop and support the implementation of tactical and strategic investment decisions for the asset portfolios backing liabilities in the Group Benefits and GRS business units within the Canada business group. This involves working with all existing and new asset classes that comprise the investment portfolio, including but not limited to public bonds, private fixed income, commercial mortgages, real estate, public equity, private equity, derivatives and other alternative asset classes.
- Provide investment expertise and educate the business units on unique investment opportunities that arise from various SLC front office teams and affiliates, and look for the best fit for a given asset from the perspective of meeting the Clients' investment objectives.
- Monitor tactical trading opportunities (primarily interest rate and credit) and facilitate execution with the SLC front office teams and other supporting functional areas (finance, accounting, tax, etc.).
- Lead portfolio optimization efforts in investment strategy reviews to determine optimal asset mixes and identify new asset classes to improve overall performance and profitability of the business
- Working closely with SLC teams and Client ALM partners, support the strategic direction and own the day-to-day management of various risks including interest rate risk, credit risk, currency risk, liquidity and collateral risk in the Group portfolios.
- Monitor portfolio asset mix and risk exposures as outlined in the business unit's Investment Management Guidelines, and drive actions.
- Prepare and present investment overviews, commentaries and opportunities to internal and external partners at working groups and committee meetings.
- Partner with SLC teams and Client ALM partners to develop innovative solutions to enhance pricing for payout annuities products (i.e. CDS or inflation overlay programs).
- Support the development of new liability products with Client ALM partners and business units through asset sourcing, portfolio construction and risk mitigation.
- Provide support to other senior members across the Portfolio Management or broader SLC Management / Office of the CIO team on an ad-hoc basis, including Client reporting, internal reporting, projects or one-off analyses as required.
- As necessary, provide support to Managing Directors in the Office of the CIO related to compliance, business continuity or other Audit requests.
- Provide mentorship to junior team members to develop internal talent.
What you will need to succeed:
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Knowledge of broad asset classes across the investment spectrum, including fixed and non-fixed income
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Understanding of the liability profile for group benefits / annuities businesses
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Knowledge of modern portfolio theory and application, including portfolio construction, asset pricing and risk management
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Creative, flexible thinker who enjoys exploring new ideas
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Problem solver, with demonstrated ability to deliver innovative solutions
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Ability to cultivate strong working relationships across various functional areas (SLC, ALM, Treasury, Risk and Finance)
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Experience with financial tools or software (i.e. Bloomberg, Blackrock Aladdin, Morningstar Direct)
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Excellent communication and written skills
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5 years of experience in the investment industry
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University degree in finance, business or economics
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CFA designation with MBA/MFE (or equivalent) is preferred
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Opportunity to work for a growing global institutional asset manager
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Excellent benefits and wellness programs to support the three pillars of your well-being -- mental, physical and financial -- including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
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Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
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A flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
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The opportunity to move along a variety of career paths with amazing networking potential
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Award winning workplace culture - Great Place to Work® Certified in Canada and the U.S., "Best Places to Work" by Glassdoor, Award for Excellence for Mental Health at Work, "Best Places to Work in Money Management" by Pension \& Investments
Sun Life Financial
