Opportunity

Are you doing your best work when you are taking the lead as a subject matter expert on the validity and accuracy of risk modelling? Do you enjoy coaching and sharing your expertise with others? If so, this could be the next career adventure you have been waiting for!

We are open to candidates at either the Senior Manager or Manager level for the Market Risk Modeling team. These individuals are self-starting, intellectually curious, and results-focused. They possess exceptional analytical, communication, and time management skills. As relationship builders, they can interact with diverse groups of internal and external stakeholders. Most importantly, they have a strong passion for quantitative investment risk management and are committed to making a real difference.

As a part of the Market Risk Modelling team, you will play the lead role on ensuring the reliability, validity, and usefulness of the market risk models. You will also be responsible for verifying that the factor simulations are representative of the risk profile at each security, pool and asset class levels for aggregation measures of P&Ls, such as VAR and Active VAR. You will take a lead role in developing methodologies and documenting the results for model approval. Additionally, you will have the opportunity to identify efficiencies and increase the accuracy of market risk models to continue to enhance the value-add of the Risk Modelling team.

Responsibilities Include:

• Working as the subject matter expert and owner of market risk model methodologies, updating and negotiating approval for and maintaining the risk methodologies
• Reviewing ongoing model performance, assessing overall model health within a given framework, identifying potential problems and working with stakeholders to resolve
• Liaising with risk system vendor (i.e. BlackRock) to develop or enhance capabilities within the risk solution
• Validating various risk measures at multiple levels across all AIMCo portfolios
• Development and documentation of risk model methodologies for committee approval and maintenance of the risk methodologies
• Supporting the engagement of internal and external stake holders by preparing reference material and research analysis
• Acting as a subject matter expert and developing risk staff members and investment management professionals in investment management teams
• Contributing to the adoption of a culture of risk awareness and transparency

Our Ideal Candidate:

• Master’s degree in a quantitative discipline (e.g. Finance, Economics, Financial Mathematics)
• Professional designation such as CFA or FRM would be advantageous
• Ability to program in various languages such as Excel VBA, Python and SQL
• Familiarity with applications including Excel (VBA), SQL, etc. Familiarity with Aladdin would be advantageous.
• Experience in financial services with relevant exposure to risk measurement experience in market, credit, and liquidity risk
• Able to influence senior management and peers, is comfortable speaking up and providing counterbalance, while simultaneously maintaining collaborative relationships.
• Well-developed written and verbal communication skills
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity and collaboration, and inspires the same in others

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
 

Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries.