Quantitative Risk Associate

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One of Canadas Most Trusted Investment Brands.

At Picton Mahoney Asset Management being alternative isnt just what we doits who we are.

Founded by industry pioneer David Picton weve spent 20 years challenging conventional wisdom and redefining the investing landscape. As one of Canadas most trusted investment brands we are proudly independentprivately run 100% employeeowned and deeply committed to delivering results for our clients.

Thinking Alternatively is in Our DNA.

With a team of 160 bold thinkersonethird dedicated solely to investment managementwe are specialists not generalists. Managing $13.8 billion for institutional and retail clients we navigate markets with conviction resilience and a forwardthinking approach.

Were more than investors were innovators. We challenge traditional investment mindsets constantly pushing the boundaries to achieve our mission: To bring greater certainty to investors.

Our success is built on four guiding principles:

• Treat investors money like our own.
  
• Redefine the way investors invest.
  
• Be humanalways approachable.
  
• Succeed together one investment at a time.
  

These arent just wordsthey define how we think how we invest and how we work.

Now were entering our next chapter. Were transforming our brand and reshaping the way the world invests. If you think alternatively embrace an entrepreneurial spirit and thrive in a dynamic bureaucracyfree environment join us and be part of whats next.

Thriving in Our Entrepreneurial Culture

At Picton Mahoney youll thrive in our creative and dynamic workplace where collaboration and support are at the core of everything we do. At our firm youll have the opportunity to take on significant responsibilities work in a flexible environment and tackle challenging projects from the outset. Our culture is designed for ambitious professionals who want to make an immediate impact while continuing to push boundaries and achieve our greater mission. Youll be empowered with a high level of responsibility trust and flexibility providing an exciting and creative space for you to help reshape how the world views alternative investments. With competitive total rewards performancebased bonuses and a clear path for career growth youll have everything you need to develop both now and over the longer term.

The Opportunity:

At Picton Mahoney Asset Management (PMAM) we are seeking a Quantitative Risk Associate to join our Quantitative Research & Risk team. This is a dynamic highimpact role where you will help shape how we construct portfolios measure risk and optimize capital deployment across multifactor and alphadriven strategies.

Youll work closely with portfolio managers and quantitative researchers building and refining risk frameworks that provide insightnot just oversight. Your contributions will go beyond monitoring: you will play an active role in influencing investment design signal construction and strategic decisionmaking.

This opportunity is ideal for someone who brings analytical sharpness intellectual curiosity and a desire to make a meaningful impact in a collaborative highperformance culture.

Key Questions Youll Help Us Answer:

• Are our portfolios exposed to unintended style factors or market regimes
• Are alpha signals interacting in ways that introduce concentration risk
• How can we better understand and mitigate our tailrisk exposure

We welcome individuals who are fearless in challenging conventional thinking passionate about uncovering insights through data and committed to working with integrity and transparency. You will thrive in an environment that values diverse perspectives continuous learning and teamwork.

Youll have the opportunity to lead and learn:

• Build refine and maintain portfoliolevel risk models tailored to systematic equity strategies.
• Monitor realtime and endofday risk exposures across regions strategies and styles support stress testing across various market regimes.
• Enhance our factor risk decomposition framework (e.g. style sector region liquidity) and support hedging or signalneutralization efforts.
• Collaborate with PMs and researchers to analyze strategy drawdowns P&L attribution and tailrisk sensitivities.
• Develop risk tools and dashboards using Python or R to support timely and datadriven decisionmaking.
• Support our enterprise risk management efforts including limit monitoring breach tracking and governance documentation.
• Evaluate alpha signals through a riskadjusted lensanalyzing factor exposures turnover interaction effects and concentration risks.

What were looking for

• 12 years of experience in quantitative risk or portfolio analytics ideally in a systematic equity or multimanager investment environment.
• Undergraduate degree in a quantitative field (e.g. Computer Science Mathematics Statistics); graduate degree preferred.
• Proficiency in Python or R; experience with SQL including database design and stored procedures.
• Strong understanding of equity factor models (e.g. Barra Axioma or custombuilt) market microstructure and risk budgeting techniques.
• A creative mindsetable to challenge models thoughtfully and assess risk beyond whats captured in standard frameworks.
• Excellent analytical and problemsolving skills with an ability to deliver highquality outcomes in a fastpaced environment.
• Strong written and verbal communication skillsable to translate complex findings into clear actionable insights.
• Demonstrated ability to work both independently and collaborativelycontributing to a culture that values inclusivity respectful dialogue and shared success.
• A growthoriented approach and personal commitment to integrity authenticity and continuous learning.

Our Commitment to Employees

At Picton Mahoney Asset Management we take pride in enhancing our employees experiences through a comprehensive suite of exceptional perks and programs. Our benefits include corporate fitness reimbursement and discounts VersaFi memberships (formerly Women in Capital Markets) Picton Wealth investment counseling and portfolio management services volunteer and charitable donation matching maternity and parental leave topup recognition awards semiannual performance bonuses a generous annual vacation entitlement (minimum of 15 days per year) training and development reimbursement extensive health and dental benefits a healthcare spending account and more. These offerings are designed to support your career growth wellbeing and overall success. Join us and thrive in an environment that values and invests in you!

Picton Mahoney Asset Management is committed to providing an equitable and fair work environment for everyone and all hiring and other personnel actions will be taken without regard to race colour creed religion sex disability gender identity gender expression family status age language or national origin. If you require an accommodation at any point in time throughout the application and hiring process please contact Human Resources at (416)or at.

Picton Mahoney Asset Management does not accept unsolicited resumes emails calls or any other form of communication from thirdparty recruitment agencies. Any unsolicited outreach including commercial electronic messages will neither be acknowledged nor considered.

Job Posting Closing Date: Friday May 30th at 5:00 PM EST

Please note that while we carefully review each application only those candidates selected for further consideration will be contacted. We wish you all the best in your job search and future endeavors.