Managing Director, Portfolio Management, Insurance Client Support - SLC Management

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$374/US$283 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship.

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

Visit our website to learn more and for the most up to date AUM information.

SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client and team needs.

Managing Director, Portfolio Management, Insurance Client Support - SLC Management

What’s in it for you:

Reporting to the Senior Managing Director, Global Portfolio Management, the Managing Director, Portfolio Management, Insurance Client Support will work to coordinate tactical and strategic investment decisions to supporting Sun Life’s General Account, often acting as a facilitator across other SLC teams.

This would include Front Office teams for all existing and new asset classes that comprise the General Account investment portfolio, including but not limited to public bonds, private fixed income, commercial mortgages, real estate, public equity, private equity, derivatives and other alternative asset classes.

What you will do:

• Lead SLCs involvement in investment strategy reviews, aiming to determine optimal asset mixes (portfolio optimization modeling) and identify new asset classes to improve overall performance and profitability of the business. The Managing Director will recommend changes to investment strategies, ensuring any changes (e.g. asset mix weights, targets and implementation timelines) are sensible, achievable, and aligned with SLC (or affiliate) capabilities.
• Drive the research, development and maintenance of the in-house asset portfolio optimization toolkit.
• Review portfolio asset mix and risk exposures (as outlined in the business unit’s Investment Management Guidelines/PPPs) and lead actions to ensure compliance while optimizing overall exposure.
• Partner with the other senior Portfolio Management leaders and the SLC Strategic Initiatives team to support the General Account while also helping to grow total SLC AUM; aggressively pursue investment opportunities that are appropriate for the Sun Life General Account that also leverage the skills and capacity of SLC affiliates.
• Continue to establish the SLC Global Portfolio Management team as the primary contact point for Sun Life as a Client; including leading quarterly presentations (ALCOs, working groups, etc.), providing insight on ad-hoc projects or general investment topics. Look for opportunities to engage the Client and be Client Obsessed.
• Monitor the expected (‘Plan’) SLC contribution to SLF earnings (investing activity gains, AFS gains, credit experience), and proactively suggest investment decisions/actions to ensure SLC meets or exceeds those targets.
• Coordinate support for Audit requests, Policy/Operating Guideline reviews, or other Governance items as necessary.
• Provide support to the CIO, Deputy CIO, and other SLC Senior Managing Directors as necessary.
• Provide coaching to direct reports to ensure future leaders are being identified and developed; provide opportunities to stretch high potential/future leaders. Develop succession plans for key Portfolio Management roles.
  

What you need to succeed:

• 10+ years of experience in the investment industry, ideally in an ALM or multi-asset class portfolio management role
• CFA designation is strongly recommended; MBA/MFE (or equivalent) is preferred
• Knowledge of broad asset classes across the investment spectrum
• ALM understanding; fixed income & derivatives
• Understanding of the SLF US, and SLF HuBS liability profiles
• Creative, flexible thinker who enjoys exploring new ideas
• Problem solver, with demonstrated ability to deliver innovative solutions
• Ability to cultivate strong working relationships across various functional areas (Investments, ALM, Treasury, Risk and Finance)
• Excellent oral and written communication skills

Why SLC Management?

• Opportunity to work for a growing global institutional asset manager
• Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical and financial - including generous vacation and sick time, market-leading maternity, parental and adoption leave top up program, a partially-paid sabbatical program and much more
• Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
• A flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
• The opportunity to move along a variety of career paths with amazing networking potential
• Award winning workplace culture - Great Place to Work® Certified in Canada and the U.S., “Best Places to Work” by Glassdoor, Award for Excellence for Mental Health at Work, “Best Places to Work in Money Management” by Pension & Investments

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

Salary Range

The Base Pay range is for the primary location of the job. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. Research shows that women and underrepresented groups tend to apply only if they meet 100% of the criteria. We encourage applications from qualified individuals from all backgrounds even if they don’t meet every criteria in the job description.

We will make reasonable accommodations to known physical or mental limitations. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.