Job Details - OTPP Internet Talent Portal

With $129.5 billion in net assets as of December 31, 2012, the Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada. An independent organization, it invests the pension fund's assets and administers the pensions of 303,000 active and retired teachers in Ontario.

Title	Senior Quantitative Analyst, Model Review and Monitoring
Position Summary	This position provides oversight accountability of the model performance in production; ensuring production models appropriateness and accuracy; application of model theory review; and adhering to the model review / validation priorities and established review / validation process. The position is also responsible for reviewing information on production models including status, conditions and model materiality changes.
Duties and Responsibilities	Validate production valuation and risk models appropriateness and accuracy and recommend improvements where necessary Provide annual performance check of a random sample of financial instruments as well as scheduled model reviews Ensure model materiality change and approval conditions are monitored according to established timeline Accountable for the quality and timeliness of the production models review / validation results Liaise with stakeholders involved in the model development life cycle to ensure efficient production models review Conduct reviews in accordance with the current model review / validation process; recommend updates to the process where necessary Develop a project plan to review models and validate conditions Execute projects under the direction of the Senior Manager.
Qualifications	Education: Relevant university degree or equivalent experience with focus on Economics, Financial Mathematics, Applied Mathematics, Theoretical Physics, Stochastic Calculus etc Ph.D degree in math or sciences an asset CFA Charterholder a plus Financial Risk Manager (FRM) a plus Qualifications: 4-5 years experience in quantitative finance or vetting / validation Exposure to complex derivative products Proven written & verbal communication skills Ability to communicate complex mathematical concepts in clearly understood language Solid financial modeling skills; ability to provide effective and efficient review of production models Ability to write concise model review /validation reports Ability to work independently and with minimal guidance Ability to manage change and challenge existing working patterns and processes Project management skills Technical Skills: Excellent technical report writing skills Proficient analytical and quantitative ability Experienced with database tools such as MS Access or SQL Server Knowledge of Matlab, VB or VBA, Fincad, Developer SQL, C#, C++
Ref	997
City	Toronto
Additional Notes	Interested Candidates can apply directly via our website at http://www.otpp.com/wps/wcm/connect/otpp_en/Home/Corporate+Info/Careers/Career+Opportunities+site/. We appreciate your interest and will contact you if a meeting is required.

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