Manager, Portfolio Strategy & Investment Risk

Job summary

The role involves monitoring portfolio risk, liquidity, and cash flows while providing insights to support strategic decision-making. The manager will also develop risk management tools and collaborate with internal and external stakeholders to influence investment strategy.

Job details

Posting End Date: 07/10/2026 Status: Regular Number of Openings: 1 Education Level: 4-year undergraduate degree in Finance, Economics, Mathematics, Data Science or a related field; Masters degree or other advanced degree Base Location: 700 University Avenue, Toronto, Ontario M5G 1Z5 Shift: Days Travel Required: 10% Salary Range: $111,000.00 - $161,000.00 Electrify your career and help build a brighter tomorrow. Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history. Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job. Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Manager, Portfolio Strategy & Investment Risk. Job Overview The OPG Fund Management Group oversees CAD$53 billion in assets for the OPG Pension Fund and OPG Nuclear Funds. We are looking for an investment professional to join our team as a Manager, Portfolio Strategy and Investment Risk. Reporting to the Managing Director, the Manager will work closely with other members of the Portfolio Strategy and Investment Risk team in managing risks and influencing strategy within OPG’s investment portfolios, and at a total portfolio level. Collaboration with OPG’s investment teams regarding risk identification, modelling and portfolio reporting will be key aspects of the role. The successful candidate will demonstrate advanced technical and communication skills. This is an exciting opportunity to work in an environment where you will contribute to both Ontario Power Generation’s strong, stable pension fund and a healthy environment for all. Key Accountabilities Monitor Portfolio Risk, Liquidity & Cash Flows - Conduct ongoing monitoring of portfolio risk exposures, liquidity positions, cash flows, and key metrics, while providing dashboards and insights to support decision-making. Support Rebalancing & Cash Management Activities - Coordinate and communicate portfolio rebalancing actions and cash management transactions to maintain target positioning and funding requirements. Analyze Risk & Liquidity Drivers and Recommend Actions - Assess changes in portfolio risk and liquidity conditions, identify root causes and potential impacts, and recommend practical mitigation strategies to stakeholders. Ensure accuracy and integrity of portfolio and risk data - Assist with verification, reconciliation, and quality control of risk, liquidity, and other portfolio-related data Generate portfolio insights through quantitative and scenario analysis - Apply quantitative methods to generate insights on portfolio risk, liquidity, and other characteristics, and design and implement new scenario analysis Develop risk, liquidity, and portfolio management tools - Enhance team capabilities through use of databases, coding, APIs, PowerBI, AI tools, third-party systems, and emerging technologies where appropriate Support governance, policy, research, and stakeholder materials - Prepare presentations and materials for stakeholders and governance committees, contribute to reviews of investment and risk policies, and support research across markets, asset classes, strategies, managers, governance practices and emerging risk topics Manage relationships and collaborate across internal and external stakeholders - Liaise with external service and data providers, manage relationships and contracts, and foster constructive collaboration within FMG and with external partners Qualifications 4-year undergraduate degree in Finance, Economics, Mathematics, Data Science or a related field; Masters degree or other advanced degree Chartered Financial Analyst (CFA) or Chartered Financial Analyst Level 3 Candidate Minimum of 8 years of experience in portfolio, investment or risk management, ideally on the ‘buy side’. Cross asset class knowledge is desirable Thorough experience with advanced use of MSCI BarraOne; knowledge of other major risk management systems considered an asset Knowledge of portfolio construction and risk management principles and best practices, across a variety of portfolio strategies Strong written, verbal communication, and interpersonal skills required to exchange complex information, engage with and influence senior level investment managers Well-developed analytical, critical thinking, creative problem-solving skills Experience working with large and complex datasets, APIs, databases, and automated workflows Strong proficiency with Python, SQL, Power BI, and/or other data analysis and visualization tools Familiarity with the application of AI-enabled tools and solutions within investment management Strong project management skills; an ability to complete projects of differing scope and audience concurrently, on deadline Ability to prioritize and collaborate as needed to achieve objectives Quantitative and qualitative research skills; ability to distill findings down to relevant, impactful takeaways and present effectively to various stakeholders Significant experience with all Microsoft Office applications The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct. OPG is committed to fostering an inclusive, equitable, and accessible environment. If you require accommodation during the selection process, please contact AODA@opg.com. What makes a career at OPG different? With operations across Ontario, OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet approximately 50% of the province’s electricity needs, largely from low-carbon sources like nuclear and hydro. As we work to achieve our vision of Electrifying life in one generation, OPG and our family of companies are also helping advance the development of new low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives to help power the growing demands of a growing economy. Join OPG and make history. The Darlington New Nuclear Project is leading the way in the advancement of Small Modular Reactor (SMR) technology in Canada – the future of nuclear power generation! Using new and innovative technologies such as small modular reactors, hydrogen and battery storage, while expanding our hydroelectric and nuclear portfolios, we are changing the electricity landscape in Ontario. Important Information The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework. OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities. In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act. All job postings at OPG are to fill existing vacancies within our organization. OPG may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment. Please submit your application online at https://jobs.opg.com/. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

What you’ll do

The role involves monitoring portfolio risk, liquidity, and cash flows while providing insights to support strategic decision-making. The manager will also develop risk management tools and collaborate with internal and external stakeholders to influence investment strategy.

Requirements

Requires a bachelor's degree in a quantitative field, a postgraduate degree, and a CFA designation or candidacy. Candidates must have at least 8 years of experience in portfolio or risk management with proficiency in Python, SQL, and MSCI BarraOne.

Benefits

• Pay-for-performance programs

Listed skills

• Data visualization · Preferred
• Power BI · Preferred
• SQL · Preferred
• Critical Thinking · Preferred
• Project management · Preferred
• Stakeholder Management · Preferred
• Python · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Portfolio Risk Monitoring
• Liquidity Management
• Cash Flow Analysis
• Portfolio Rebalancing
• Quantitative Analysis
• Scenario Analysis
• Python
• SQL
• Power BI
• MSCI BarraOne
• Project Management
• Data Visualization
• Investment Risk Management
• Stakeholder Management
• Financial Modeling
• Critical Thinking

Job areas

• Finance & Accounting
• Management & Leadership
• Data & Analytics
• Energy
• Government & Public Sector