Investment Associate, Risk – Models (18-months contract)

The opportunity

The Investment Associate (18-month contract), Investment Risk, Private Models is responsible for a variety of research and development activities primarily for the purpose of developing and distributing production grade risk models and analytical tools for various private assets invested by OTPP’s private programs in Equities, Real Estate, Infrastructure, Natural Resources, and Teachers’ Venture Growth. The role will support ongoing research and enhancement of risk models for private investments, while providing opportunities to collaborate with the broader modelling team on modelling initiatives across a wider range of investments and products.

Who you’ll work with

Reporting to the Director, you will work with dedicated team members to measure and report the market and credit risks of our private holdings in Equities, Real Estate, Infrastructure, Natural Resources, and Teachers’ Venture Growth. We model, monitor, and report investment risks for private assets of over $140 billion.

Working in the Private Models team is an exciting opportunity that is challenging and complex, requiring a high degree of ingenuity, perseverance and commitment to excellence. Members of the team are supported by senior team members to develop their skills and knowledge, but high levels of initiative and creativity are expected.

The risk models developed impact the Plan’s investment decision-making, performance and risk measurement. Models are reviewed by senior team members and then validated by the Model Validation Group.

What you’ll do

• Research and develop risk models for various private asset classes and individual investments in private markets.
• Contribute to the creation, maintenance and improvement of existing asset-specific risk models, including (but not limited to) market and credit risk.
• Write detailed documentation of methodology, validation testing and data specifications used by model.
• Work with BA, IT, Data Management, Risk Analytics and the Model Validation Group to ensure model integration and validation are completed in a timely manner.
• Conduct model recalibration on an annual basis to keep the models up-to-date.
• Conduct risk assessment and provide risk insights for sizable potential new private deals for deal teams to present to Investment Committee on a bi-weekly basis.
• Work cross-functionally with other teams and departments to develop models/tools used for investment decision-making. This includes supporting and sharing knowledge within Investment Risk and responding to ad hoc requests from investment departments.
• Proactively explores opportunities to leverage AI and emerging technologies to enhance modelling capabilities, improve efficiency and generate deeper insights.