Manager, Risk Control Operations

Attention finance professionals! Are you looking for your next leadership opportunity? Do you have expertise in risk management and capital markets? Have you led, motivated, and inspired finance professionals? The Ontario Financing Authority (OFA) is seeking a strategic leader to join their team as the Manager, Risk Control Operations.
Ontario Financing Authority executes all borrowing, investments and financial risk management activities; manages the provincial debt; advises on financial policies and projects; and provides financials and cash management services and advice to the Ontario Electricity Financial Corporation.

OPS Commitment to Diversity, Inclusion, Accessibility, and Anti-Racism:

The OPS is an innovative, responsive and accountable public service that works hard to be diverse, anti-racist, inclusive, merit-based, and equitable. Diversifying leadership is a top priority for the OPS. Our goal is to achieve parity with the Ontario labour force by 2025 for the most under-represented groups (Indigenous, racialized and persons with disabilities) on our leadership teams.
The OPS invites all interested individuals to apply. As an organization that promotes equity and diversity, the OPS encourages applications from Indigenous, Black, racialized individuals, and persons with disabilities.
The OPS is an accessible employer and we offer accommodation in all aspects of employment, including the recruitment process.
Visit the OPS Anti-Racism Policy, the OPS Diversity and Inclusion Blueprint, and the Multi-Year Accessibility Plan to learn more about the OPS commitment to advancing racial equity, accessibility, diversity and inclusion in the public service.

What can I expect to do in this role?

Create the Work Environment
In the Ontario Public Service, we hold our leaders to the highest standards, expecting them to embody authenticity, accountability, and courage in every action and decision. It will be your responsibility to create a work environment and team culture that ignites innovation, nurtures collaboration and champions inclusivity by creating a diverse, anti-racist and accessible workplace that is free from discrimination and harassment. By aligning your choices with these values, you will create a vibrant work environment where every individual can thrive.
Deliver on Business Goals and Priorities
Your leadership will be crucial in guiding the team towards the achievement of its business goals. It will be your responsibility to inspire and motivate your team to deliver their best performance and align the team's daily actions with the strategic vision of the ministry.
As the Manager, Risk Control Operations, you will:
• provide comprehensive risk assessment for the OFA's borrowing, investment and risk management activities.
• develop and produce reports on exposures to credit and market risks and related hedging positions.
• evaluate risk management and hedging strategies and activities.
• demonstrate the leadership behaviours, attributes and mindset for leaders, across the organization, to lead the OPS into the future and deliver our vision.

How do I qualify?

Leadership Skills:

• You have experience managing a team of professionals delivering results through setting strategic plans and priorities, while effectively coordinating resources and assigning responsibilities to enhance the group's technical knowledge and ability.
• You are able to foster an inclusive, collaborative, work environment with employees and stakeholder partners and you are able to lead change by identifying/acting on opportunities while promoting innovation.
• You have excellent analytical and strategic thinking skills along with a strong sense of political acuity to deal with a variety of sensitive issues.

Technical Skills:

• You have a thorough understanding of the principles and practices of risk management.
• You have the ability to implement effective measures to plan, control, and account for the identification, assessment, measurement and control of financial risks including market, credit and operational risks.
• You have extensive knowledge of treasury policies and operations including trading conventions, pricing methodologies for financial instruments, derivatives including futures, options and their accounting treatment.
• You have knowledge of hedging concepts involving the use of derivatives and other hedging products.

Analytical Skills:

• You have highly developed analytical, mathematical and statistical skills to perform a high level of risk analysis and portfolio valuations, construct portfolio benchmarks and measure debt issue cost and portfolio performances.
• You are able to exercise good judgment in developing an analytical framework for measuring and reporting financial risks facing the Province and you are able to quantify the financial impact of foreign exchange, interest rate and credit exposures.
• You are up-to-date on risk management/control and performance measurement and bench marking issues and practices.
• You are able to analyze and operationalize new performance measurement, risk assessment and risk measurement methodologies.

Communication Skills:

• You are able to communicate information and vision with clarity and enthusiasm resulting in a shared understanding and commitment
• You are able to provide briefings and presentations on market risk assessment, risk monitoring and performance of capital market activities
• You are able to discuss strategies with all levels of staff, including the CEO of the Ontario Financing Authority (OFA)