Posted:
9/12/2024, 9:43:18 AM
Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Finance & Banking
Workplace Type:
Hybrid
Our Treasury team is seeking an Associate to join the team in providing funding and liquidity management needed for the Fund's investment strategy. Here, you would support team members in their core treasury functions which include ensuring sufficient liquidity reserves in the total fund portfolio, managing overall money market portfolio and raising required capital for funding new investment activity and meeting all day-day obligations. You will take an active role in learning about the wide variety of fixed income treasury products with a particular focus on medium term debt issuance.
As part of the daily Treasury accountabilities is the management of Ontario Teachers’ variety of funding levers and the management of liquidity reserves, with a focus in fixed income markets. Treasury utilizes secured and unsecured forms of funding in multiple asset classes and currencies and is responsible for the development of cost-effective, scalable and stable funding strategies that can adapt to changes in the investment program and risk appetite.
Joining a team of 7 professionals, you will have the opportunity to work with diverse products including secured funding (repo, securities borrowing), unsecured funding (commercial paper, medium term notes, and liquidity management (money market investments) with a specific focus on unsecured funding. You will also support funding strategies that enable the investment program while maintaining sufficient liquidity at the most efficient cost of funds. There are daily interactions with groups across the fund including Capital Markets, Risk, other teams within Total Fund Management and members of Senior Management in support of enabling the evolving investment program.
Treasury sits within Total Fund Management, the group that forms the nucleus of the CIO’s office. Treasury sets the direction for the investment funding strategy with a focus on Ontario Teachers’ balance sheet including portfolio construction and global trading alongside our treasury and funding capabilities.
Contribute to decision-making concerning all funding levers within Ontario Teachers’ with a focus on unsecured funding (including medium-term debt and commercial paper programs)
Support the senior team members in structuring, recommending and execution of the medium-term debt issuances
Work closely with the senior team members on the full life cycle of the medium-term debt issuance program including analytics development, monitoring market conditions and investor appetite, relationship building with the dealer community, supporting investor marketing efforts, and interaction with various internal stakeholders
Support the various Treasury activities to enable the current and forward-looking investment and funding plan
Participate in cross-training and providing coverage on areas such as secured funding, and liquidity management
Develop, maintain and enhance market and funding related analytics and reporting to support the Treasury desk
Research and support the development of funding strategies
Work with internal / external partners.
Support senior team members and recommend solutions on all Treasury mandates with a focus on the medium-term debt issuance program.
Balance competing priorities, work independently, and thrive in a dynamic, fast paced environment.
A related undergraduate degree with a strong academic record and quantitative background or master’s degree in a finance related field
A minimum of 2 years of Capital Markets experience. Direct experience in fixed income trading and funding markets considered an asset.
Completed or working towards CFA designation
Interest in capital markets including short-term fixed income markets
Interest in all secured and unsecured funding – repo, equity finance, commercial paper and medium-term debt issuance
Demonstrate an ability to be a collaborative team-player, performing various functions as required
Strong communication and interpersonal skills
Demonstrate a comfort with the management of risk and compressed timelines for decisions and the completion of tasks
Proficiency in programming and database management
LI-JF1, LI-Hybrid
What we’re offering
Pay-for-performance environment that offers competitive salary and incentive
Numerous opportunities for professional growth and development
Comprehensive employer paid benefits coverage
Retirement income through a defined benefit pension plan
The opportunity to invest back into the fund through our Deferred Incentive Program
A flexible/hybrid work environment combining in office collaboration and remote working
Competitive time off
Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
Employee discount programs including Edvantage and Perkopolis
At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.
Accommodations are available upon request ([email protected]) for candidates with a disability taking part in the recruitment process and once hired.
Candidates must be legally entitled to work in the country where this role is located.
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Functional Areas:
Investments
Requisition ID:
Website: https://otpp.com/
Headquarter Location: Toronto, Ontario, Canada
Year Founded: 2019
Industries: Business Development ⋅ Finance ⋅ Financial Services ⋅ Venture Capital