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About Us

 

AIMCo is one of Canada’s largest and most diversified investment managers, with approximately $100 billion of assets under management for 32 clients, a diverse group of Alberta public sector pension plans, endowment funds, and government accounts representing all Albertans. Our culture is defined by our core values: Excellence, Transparency, Humility, Integrity, and Collaboration.

Our success as an organization is as dependent on the growth of our people as it is our investments. We provide opportunity to our employees, embrace talent with new ideas and are committed to a culture of continuous learning.

 

 
Job Details
Vice President, Product Risk Management (005924)
 
Job Number: 005924
Job Title: Vice President, Product Risk Management
Number of Openings: 1
Job Type (Employment Type): Regular
Job Schedule: Full Time
Job Category: Investment Management
Minimum Level of Education: Degree
Years of Relatable Experience: 15
Application Deadline: 2017/11/21
 
Position Summary

AIMCo is currently seeking a Vice President, Product Risk Management to join the Risk Management team in Edmonton, Alberta.

 

Reporting directly to the Chief Risk Officer, the position leads the Product Risk Management department (currently 7 FTE) with the goal of helping AIMCo’s portfolio managers identify, understand and optimally manage risks by designing, implementing and maintaining world-class risk management processes for all of AIMCo’s investment products in all asset classes. Both investment and non-investment risks are in scope. Key to success will be to develop successful partnerships with AIMCo’s portfolio managers.

 

Specific accountabilities include:

 

  • Developing, implementing and maintaining a framework for identifying, analyzing, assessing, monitoring and reporting on investment and non-investment risks and risk-adjusted returns in all asset classes;
  • Overseeing and directing the preparation of risk management advice on product and strategy design (universe, benchmark, risk thresholds);
  • Overseeing and directing the identification and assessment of risks of new instrument types and strategies to be used in products;
  • Overseeing and directing the identification and assessment of risks associated with large, illiquid investments and the appointment of external managers and counterparties within product mandates;
  • Overseeing and directing the review, consultation, and feedback on specifications for risk models;
  • Overseeing the design, implementation and production of regular product risk reports;
  • Overseeing and directing product risk managers to ensure PM’s receive effective support;
  • Organizing, directing, managing, coaching and developing the product risk management team;
  • Contributing actively to the overall direction and leadership of the Risk Management function;
  • Contributing actively to the development of AIMCo’s risk management framework as a member of the Risk Methodology Committee;
  • Stimulating the development of a culture of risk awareness and personal responsibility;
  • Actively participating as a member of the Investment Risk Committee and the Tactical Risk Allocation Committee;
  • Based on business requirements, candidate may be asked to participate as a member of the Management Investment Committee, Liquidity Management Committee, and/or the Derivatives Management Committee (to be confirmed).

 

Business Address: 1100 - 10830 Jasper Avenue NW, Edmonton, Alberta

Work Location: Edmonton, Alberta

 

Compensation Details:

  • Annual Salary: $200,000 - $215,000
  • Eligible for Short and Long Term Incentive
  • Active Living Allowance: $500.00 per year
  • Skills Development and Educational Assistance Grant: $5,000 per year
  • Full benefits package including: Health, Dental, Life Insurance and Dependent Life Insurance, additional Optional Life Insurance, AD&D, Critical Illness, LTD, Health Spending Account, EAP, and Best Doctors Program
  • Pension Plan: Eligible to participate in Defined Contribution Pension Program with a choice of contributing between 1% - 4%
  • Relocation Allowance
  • Time off: vacation, sick leave, short term illness leave, special leave days (ie. bereavement, immediate family illness, etc.), and statuatory holidays 

 

Terms of Employment:

  • Position is permanent full-time
  • Not eligible for overtime
  • Probationary period of 6 months
  • Agreement and compliance with AIMCo's Corporate Policies, Code of COnduct and Ethical Standards, and Personal Trading Policy.

 

Our Ideal Candidate

Candidates should be senior Risk professionals with at least 10-15 years of relevant experience in the function. Whereas we do not expect candidates to have in-depth expertise in all areas of Risk, they must have a solid grounding in both illiquid and liquid asset classes and be reasonably familiar with the dimensions of risk management. Candidates with experience within Asset Management organizations is preferred. Candidates should be graduates, and a post graduate degree or other professional qualification would be beneficial. They should have a solid technical grounding in an analytical discipline (Economics, Accounting, Finance), and a firm understanding of regulatory matters. The successful candidate will be an individual who demonstrates an appreciation of the macro/strategic dimensions of risk management, while at the same time, is a “hands on” operator able to play an active role in the implementation and execution of the risk function. Candidates will need to be energetic self-starters, motivated by the challenge of helping to build an organisation, and not be dependent upon a large support staff to get things done.

 

Qualifications inlcude:

 

  • At least 10-15 years’ experience in investment risk management, ideally gained on the buy-side, whether as a portfolio manager or a risk manager;
  • A post graduate degree in a relevant discipline;
  • A relevant professional designation (e.g. CFA, FRM) Extensive experience in developing, analyzing and/or evaluating investment strategies in a broad range of asset classes;
  • Demonstrable ability to build effective partnerships with decision-makers (e.g. portfolio managers), while and maintaining independence and providing challenge where appropriate.
  • Expert knowledge of risk identification, assessment, modelling and analysis.
  • Advanced understanding of financial mathematics and statistics.
Application Instructions
For a more details on the opportunity, please visit https://www.linkedin.com/jobs/view/387784116/

Note: 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.

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We thank all applicants in advance; however, only individuals selected for interviews will be contacted.

For more information and to apply, visit the careers section of AIMCo's website at www.aimco.alberta.ca