Director, Investments, Portfolio Management - Ottawa, Canada - CMHC

CMHC

Verified Company

Ottawa, Canada

2 weeks ago

Posted by:

Sophia Lee

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Description

Job Requisition ID: 9926

Position Status:
Permanent Full Time

Position Type:
Hybrid with mandatory weekly presence

Office Location:
Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)

Travel Requirement:
Limited

Language Designation:
Bilingual

Language Skill Levels (Read/Write/Speak): CBC

Salary:
Our salaries generally range from $ to $ and are based on qualifications and experience.

About CMHC

At CMHC, the work you do and the work we do together matters.

We come to work every day with a common purpose:

to realize a future where everyone in Canada has a home that they can afford and meets their needs.

Our people are second to none.

We lean in with courage, band together as a community and try new things to make a lasting impact on housing from coast to coast to coast.

Join us and be part of a team that's committed to making a real difference and be part of something meaningful.

What's in it for you

We've got the purpose, the people and the perks you need for a fulfilling career.

Here's what you get when you're a permanent employee:

5 weeks of vacation.
Annual individual performance bonus.
Defined benefit pension plan.
Comprehensive group insurance plan to support your wellbeing from day one.
Support in your personal and professional growth with training, mentorship and more because when you thrive, we thrive.
An inclusive workplace culture and environment with Employee Resource Groups and more.
A hybrid work model that lets you balance working from home and nurturing inperson connections by coming into your region's office at a minimum of 4 times a month.

At CMHC, we have over $22 billion in assets under management. These assets form the backing of our commercial operations and our pension fund, hence, their performance can have significant impacts on CMHC's results. This team, consisting of 8 investment professionals, is primarily responsible for the portfolio management activities. Public and Private Market Investments are under the same umbrella. This non-traditional approach allows this Investment team to expand their experience and have a broader view/approach to the market. This team is responsible for managing the internally managed portfolios and private market activities. These portfolios are made of different asset classes such as Fixed Income, Canadian Equities, Real Estate, Infrastructure, Private Debt and Equity. Currently this accounts for about $5 billion of total assets under management.
About the role
The Director, Investments Portfolio Management is responsible for all aspects of management with respect to their portfolios.

The incumbent will make all portfolio decisions (identifying, selecting, investing, disinvesting and reinvesting the assets) within each of their portfolios in accordance with policies, parameters for investment and cash flow requirements.

What you'll do:

Lead the development and implementation of investment strategies for the various portfolios.
Ensure investment management and operational staff conduct business within risk management guidelines, including reviewing trades prior to sign off and ensuring risk mitigation.
Ensure there is a stable and robust operational environment to support management of investment portfolios including systems, staffing, operational processes, controls, succession management, etc.
Oversee research on potential investments, monitor portfolio holdings, and track the performance of investment portfolios.
Build and manage relationships with a variety of stakeholders such as asset managers, property managers, and other institutional investors.
Key contributor to the development and implementation of investment, risk and governance policies.
Support the Corporation in the development and implementation of the strategic asset allocation and contribute to the tactical decisions for the investment portfolios.

What you should have:

An undergraduate degree in finance, business administration, commerce, economics or a related field.
A Chartered Financial Analyst (CFA) certification or other relevant education or designations such as: a Certified Public Accountant (CPA) certification, a Financial Modeling & Valuation Analyst (FMVA) certification, a Chartered Alternative Investment Analyst (CAIA) designation or a Financial Risk Manager (FRM) certification.
A Minimum of 13 years of prior relevant experience in portfolio investment management or a combination of relevant education and experience can be considered.
Five years of leadership experience managing direct reports.
Demonstrated experience in the development of strategies and policies combined with creative analytical ability as well as the ability to model investing and risk management strategies.
Demonstrated experience in the research and tracking of investments and a comprehensive awareness of the Corporation's investm