At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the partner of choice for Ontario’s public sector funds and build a high-performing, value-based Asset Management firm in the heart of downtown Toronto. If you are ready to drive best-in-class service, and join a collaborative, motivated, and fun team of professionals, we’re ready to offer you a great place to work with exciting opportunities for growth and development. If you want to use your expertise to drive strategic business outcomes, then we want you at IMCO! Job Purpose: Reporting to the Managing Director, Portfolio Construction, the Associate Portfolio Manager (APM), Portfolio Construction, is primarily responsible for (a) developing, maintaining, and using IMCO’s asset and asset-liability models, (b) developing and analyzing strategic asset allocation advice to IMCO clients, and (c) developing related presentations and other materials for clients, prospective clients, and a variety of internal and external audiences. The APM will also undertake investment research on portfolio construction, investment strategies, long-term capital markets trends and thematic investment opportunities and risks. Accountabilities: Leading asset liability and strategic asset allocation analysis for IMCO clients, including development of strategic asset allocation advice to IMCO’s clients. Developing, reviewing, maintaining, and documenting IMCO’s asset and asset-liability models and processes. Analyzing and understanding the characteristics and performance drivers of asset classes and strategies, asset mix alternatives, liabilities, risk appetite and tolerance. Communicating quantitative findings and complex subject matter, both verbally and in writing, in a fashion that is clear, concise, and tailored to the audience. Developing presentations and other materials for clients, prospective clients, as well as other internal and external audiences. Assisting with development of and updates to IMCO’s capital market assumptions. Participating in and supporting the team’s various research initiatives. Fostering culture and behaviours that support intellectual curiosity, critical thinking, innovation, and high level of collaboration. Collaborating with IMCO’s investment, risk, client service, and operations teams. Job Requirements: An actuarial designation (e.g. ASA, FSA, FCIA) combined with a relevant undergraduate is required. Hands on experience in valuation of pension or insurance liabilities. Experience developing and reviewing long-term capital market assumptions Knowledge of investing trends, financial markets and a strong ability in research, analysis, and data interpretation. Understanding of asset liability modelling, stress testing, and investment landscape, Role model work ethic, using the highest level of integrity under all conditions. Ability to work in a complex and dynamic environment. Excellent communication skills with the ability to report complex information clearly and concisely. Strong interpersonal skills with the ability to interact with colleagues at all levels and cultivate key partnerships to work collaboratively with internal and external stakeholders as well as third-party service providers. We thank all applicants, however, only those selected for an interview will be contacted. Our hybrid work model offers flexibility and provides our employees with the opportunity to lead a well-balanced life. Our Corporation’s offices located at 16 York Street, Suite 2400, Toronto, ON M5J 0E6 provide a welcoming space for employees to gather, work collaboratively, and grow together. IMCO is committed to providing accommodation for people with disabilities in its recruitment process. Please advise IMCO if you require an accommodation and we will work with you to meet your needs. Candidates being considered for this position will be required to submit to a background screening. The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $86 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public-sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.
