Director, Investment Risk

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. 

We are seeking an experienced and analytical Investment Risk Manager to join our team at CI Global Asset Management. Reporting directly to the Chief Investment Officer (CIO), the Investment Risk Manager will be responsible for ensuring effective risk management across various investment strategies. This role will also provide critical risk analysis and insights to the firm’s Enterprise Risk Management (ERM) and Internal Audit functions, supporting a comprehensive and integrated risk management framework.

Job Description

• Risk Modeling & Analysis: Deploy risk models to assess and quantify risks across a range of investment strategies, including equity, fixed income, alternatives, and multi-asset portfolios. Utilize advanced techniques such as factor decomposition, Value at Risk (VaR), stress testing, and scenario analysis.
• Investment Strategy Risk Assessment: Analyze and assess the risk profiles of existing and new investment strategies, ensuring they align with the firm’s risk appetite and objectives. Provide actionable insights to the CIO and portfolio managers.
• Risk Monitoring: Continuously monitor key risk metrics and factor exposures, ensuring all investment strategies remain within predefined risk limits. Proactively identify and assess emerging risks.
• Reporting: Prepare and deliver detailed risk reports to the CIO, senior management, and investment committees. Summarize key risk exposures, vulnerabilities, and recommend actions for risk mitigation.
• Enterprise Risk Management (ERM) & Internal Audit Support: Collaborate with the ERM and Internal Audit teams to ensure that investment risk management aligns with the firm’s overall risk framework. Provide detailed analysis and reporting to support the firm’s enterprise-wide risk assessments and internal audit functions.
• Collaboration: Work closely with portfolio managers, the strategy team, and other key stakeholders to incorporate risk perspectives into investment decision-making and strategy execution.
• Risk Mitigation: Propose and implement strategies to manage and mitigate risks related to market, credit, liquidity, and operational factors, while optimizing each strategy’s risk-return profile.
• Regulatory Compliance: Ensure that all risk management activities are compliant with relevant regulatory requirements and internal policies.
• Scenario and Stress Testing: Conduct regular scenario and stress testing on investment strategies to assess the impact of adverse market conditions and extreme events.

Qualifications:

• Bachelor’s degree in a quantitative discipline such as Finance, Economics, Mathematics, Statistics, or a related field. A Master’s degree or professional certification (e.g., FRM, CFA) is preferred.
• Minimum 5 years of experience in investment risk management, with a focus on risk modeling, analysis, and monitoring for investment strategies.
• Proven expertise in risk management frameworks such as VaR, stress testing, scenario analysis, and sensitivity analysis.
• Strong understanding of investment strategies including equities, fixed income, alternatives, and multi-asset portfolios.
• Proficiency in risk management tools (e.g. Factset) and programming languages (e.g., MATLAB, Python, R).
• Excellent quantitative and analytical skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical audiences.
• Exceptional communication and reporting skills, with the ability to present findings to senior management, investment committees, and the CIO.
• Ability to collaborate effectively across teams, including portfolio management, ERM, and Internal Audit functions.

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms. Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.   Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced environment that will stretch them to tap into their highest potential.  Employees with a healthy dose of ambition, a desire to commit to a curious mindset for continuous learning, and a willingness to go the extra mile thrive at CI. 

Hybrid Work Environment

Our company operates in a hybrid work environment, offering flexibility for employees to work remotely and in the office. As part of this arrangement, all employees are required to be present in the office for a minimum of three days per week.

WHAT WE OFFER 

• Modern HQ location within walking distance from Union Station
• Equipment Purchase Program
• Training Reimbursement
• Paid Professional Designations
• Employee Savings Plan (ESP)
• Employee Share Purchase Program (ESPP)
• Corporate Discount Program
• Enhanced group benefits
• Parental Leave Top–up program
• Paid time off for Volunteering 

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

Please submit your resume in confidence by clicking “Apply”. Only qualified candidates selected for an interview will be contacted. CI Financial Corp. and all of our affiliates (“CI”) are committed to fair and accessible employment practices and provide reasonable accommodations for persons with disabilities. If you require accommodations in order to apply for any job opportunities, require this posting in an additional format, or require accommodation at any stage of the recruitment process please contact us at accessible.recruitment@ci.com, or call 416-364-1145 ext. 4747.