Senior Manager Portfolio Analysis - Edmonton, Canada - Government of Alberta
Description
Job Information
Job Title: Senior Manager Portfolio Analysis & Research
Job Requisition ID: 56885
Ministry: Treasury Board & Finance
Location: EDMONTON
Full or Part-Time: Full Time
Hours of Work: 36.25 hours per week
Permanent/Temporary: Ongoing
Scope: Open Competition
Closing Date: April 30, 2023
Classification: Senior Manager 1
Salary: $3,445.58 to $4,701.23 bi-weekly ($89,929.64 to $122,702.10 annually)
The Government of Alberta is committed to a diverse and inclusive public service that reflects the population we serve to best meet the needs of Albertans. Consider joining a team where diversity, inclusion and innovation are valued and supported. For more information on diversity and inclusion, please visit:
Treasury Board and Finance, Edmonton – Treasury and Risk Management (TRM)
Treasury and Risk Management (TRM) is responsible for managing the government's cash resources, borrowing programs, financial risk management, liquidity and banking activities. The division provides investment policy advice and portfolio planning and evaluates the investment performance of government investments, including the Alberta Heritage Savings Trust Fund. TRM, on behalf of the province, is responsible for administering the program that provide loans to local authorities for capital projects. TRM assists in the identification, measurement and control of the risks of accidental loss to government.
For further information about Treasury Board and Finance, see our website at .
Role Responsibilities
Are you passionate about institutional financial management and governance best practices? Are you looking to be part of a team responsible for portfolios that impact the lives of current and future Albertans, pension beneficiaries and other stakeholders?
The Capital Markets branch of our Treasury and Risk Management division is seeking a talented Senior Manager to assist in monitoring and analyzing a wide range of investment portfolios and providing policy advice based on best practices. This role is pivotal to ensuring the government asset portfolios meet short and long-term objectives, while adapting to ever-changing economic landscapes.
Responsibilities:
1. Strategic Investment Policy Development:
• Lead the analysis, development, and review of investment objectives and policies for endowment funds and other investment accounts.
• Implement a risk budgeting framework to guide portfolio allocation strategies.
• Monitor global capital market trends to identify opportunities for improving risk-return outcomes.
2. Performance Monitoring and Analysis:
• Analyze the performance and costs of government investments to provide insights and identify potential issues.
• Conduct detailed risk-return analysis across fund components.
• Lead in the preparation of business plans and reports, including AHSTF reporting.
3. Stakeholder Liaison and Relationship Management:
• Act as the primary liaison between our division and other entities related to investment funds.
• Coordinate meetings and enhance portfolio management knowledge among committee members.
• Manage relationships with external entities like Alberta Investment Management Corporation (AIMCo) and various endowment funds.
4. Committee Participation and Policy Development:
• Participate in key investment committees such as the SRP Committee and Judges Registered Pension Plan Investment Committee.
• Contribute to the development and review of investment policies for these plans.
What You'll Gain:
Joining our team offers you the opportunity to grow your knowledge of portfolio construction and the governance of investments. You will contribute to Alberta's overall financial health, by ensuring that each portfolio is constructed in an optimal way to meet each unique objective. You will analyze and provide recommendations based on research that spans endowments, pensions, long-term disability accounts, insurance funds, and other government specialty funds and put forth recommendations to committees and other stakeholders.
APS Competencies
Competencies are behaviors that are essential to reach our goals in serving Albertans, and the foundation for our talent management programs, including hiring decisions. We encourage you to have an in depth understanding of the competencies that are required for this opportunity and to be prepared to demonstrate them during the recruitment process. The links below will assist you with understanding competencies:
In this role, you will contribute to our team by demonstrating the following behavioral competencies:
• Systems Thinking – integrates in-depth knowledge of underlying issues, the political environment and potential risks when considering possible opportunities or recommendations; anticipates outcomes and impacts across interrelated areas and factors this into planning; seeks to understand a range of stakeholder perspectives and relationships; identifies unintended consequences and takes a holistic view of challenges and opportunities from multiple perspectives.
• Creative Problem Solving – asks questions to understand the background of a problem or issue, assesses and addresses risks while providing guidance to move new ideas forward, and accesses resources, information, and technology to resolve problems and improve performance.
• Agility – identifies, and supports others to identify, alternative approaches or courses of action in unclear and complex situations; makes decisions and takes action even when there is not enough clarity to predict the consequences with certainty.
• Drive for Results – takes responsibility for outcomes even when not all is under direct control; meets deadlines in difficult and unpredictable circumstances.
• Developing Networks – promotes collaboration and positive relationships, builds commitment to reach desired results; engages with others to broaden understanding.
Qualifications
University degree in Business, Finance, Economics, or related discipline plus a minimum of 6 years extensive experience in a policy environment. Candidates with relevant professional designations such as CFA, FRM, and CAIA are preferred.
The following are considered assets:
• Incumbent should have a strong knowledge of global capital markets, asset allocation and investment policies for large investment funds.
• Knowledge of relevant provincial legislation, including Alberta Employment Pension Plans Act, Alberta Heritage Savings Trust Fund Act, Alberta Heritage Foundation for Medical Research Act, Alberta Heritage Foundation for Science and Engineering Act and Alberta Heritage Scholarship Act.
Please submit a cover letter and a resume that outline how your experience relates to the position to help us better understand how your qualifications relate to this role.
Notes
Final Candidates for this position will be asked to undergo a security screening.
This competition may be used to fill future vacancies at the same or lower levels across the Government of Alberta.
The position will be located in the Queen Elizabeth II Building located at St NW, Edmonton,
This is a full-time permanent position working 7.25 hours per day / 36.25 hours per week, Monday through Friday.
Any costs associated with obtaining the required documents/checks as noted or interview travel expenses, will be the responsibility of the candidate. Out-of-province applicants can obtain the required documents/checks from the province they currently reside in.
What we offer:
• Working for the Alberta Public Service –
• Pension plans:
Management Employees Pension Plan (MEPP) –
• Leadership and mentorship programs
• Professional learning and development
• Positive workplace culture and work-life balance
• Opportunity to participate in flexible work arrangements such as working from home up to two days per week and modified work schedule agreements
• Research Alberta Public Service Careers tool –
How To Apply
Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements, including education, experience, and relevant examples of required competencies.