Managing Director Head of Portfolio Design Construction
Managing Director Head of Portfolio Design Construction
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Job Description
We are currently recruiting for a Managing Director Head of Portfolio Design & Construction (MDPDC) within the Total Fund Management department. Reporting to the Senior Managing Director Head of Total Fund Management the candidate will be responsible for recommending both the long term and shortterm portfolio design and construction targets that best fulfills the legislative mandate of maximizing investment returns without taking undue risk with the aim of sustaining the CPP. The role will collaborate closely with the Office of the Chief Investment Officer and will work closely with the CIO in establishing portfolio design targets.
In this role we are seeking someone with an extraordinary degree of problemsolving skills that can be applied in a complex and ambiguous environment. You can connect and optimize a varied set of research from different teams often drawing on judgment disciplined compromises and sequenced deliverables. You inspire your group with novel approaches and the ability to look beyond current practices to the next edge of innovation. You command cause and effect of complex investment processes and anticipate performance across economic environments without recent precedent. An ability to ensure the sensibility of large complex multilayered financial models is key. The successful candidate will bring an ownership mindset to the role focusing the design targets through a robust investment framework and process.
Communication is a critical aspect of this role. You have a history of establishing and communicating clear goals to your team and ensuring strong collaboration among all team members. Extensive firmwide communication is also vital to build the necessary connections with the overall CPPIB investment process working closely with leaders across Investment Departments Risk the senior management team and the board. Finally both small and largeformat communications with external audiences is an important means of maintaining a worldclass portfolio design capability.
RoleSpecific Accountabilities:
- Manage team of seasoned investment professionals that spans the elements of overall portfolio design.
- Identify and model all systematic risk factors that underpin portfolio performance and diversification. This includes research and testing of a wide range of scalable factors including style macro and emerging factors such as climate change risk.
- Forecast short and longterm financial markets and factor returns.
- Develop and operate a factorbased portfolio optimization and construction process that establishes strategic asset and factor allocations for the total fund that are sensitive to alpha leverage and liquidity considerations.
- Work closely with the investment program modeling teams to effectively express and incorporate a wide range of public and private investment programs and geographies into the total portfolio construction effort.
- Communicate and engage within CPPIB at the group department organization and board levels as well as with external counterparts including peer funds and the academic community.
Qualifications :
- Ability to draw upon quantitative research judgment expert opinion and peer collaboration in forging the overall direction of the entire CPPIB portfolio.
- Ability to manage seasoned quantitative investment teams.
- Meaningful experience with a wide range of both public and private asset classes.
- Portfolio construction and risk modeling experience.
- Ability to tangibly exploit research for a large complex continuously improving investment process.
- Extraordinary communication skills both oneonone and in larger forums with clear ability to convey complex concepts to senior generalist audiences.
- An undergraduate and graduate degree in Finance Economics or other quantitative fields is desired.
- At least fifteen years of professional investment experience with quantitative portfolio construction experience a major plus.
Additional Information :
Visit our LinkedIn Career Page or Follow us on LinkedIn. #LIJD1 #LIOnsite
At CPP Investments we are committed to diversity and equitable access to employment opportunities based on ability.
We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.
Our Commitment to Inclusion and Diversity:
In addition to being dedicated to building a workforce that reflects diverse talent we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials accessible meeting rooms etc. please let us know and we will work with you to meet your needs.
Disclaimer:
CPP Investments does not accept resumes from employment placement agencies headhunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other website job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or website will be considered unsolicited and will not be considered. CPP Investments will not pay any referral placement or other fee for the supply of such unsolicited resumes or information.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
