Shire Jobs

Mobile Shire Logo

Job Information

Manulife Manager, Global Asset Liability Management in Toronto, Ontario

Manulife's Investment Division manages the Company's General Fund on-balance sheet assets. The Division manages a broad range of investments including public and private bonds, public and private equities, mortgages, real estate, oil and gas, infrastructure, timberland, farmland. The Division has physical presence in key international financial centres, including the United States, Canada, Hong Kong, Japan, the United Kingdom, Australia and throughout Southeast Asia.

The Global Asset Liability Management group plays a leadership role in the identification and assessment of ALM related risks globally, along with the development of investment and risk management strategies to support the company’s business and financial objectives.

Reporting to the Vice President, Global Strategy and Risk, Global Asset Liability Management, the incumbent will lead a group of actuarial and investment professionals to manage the ALM activities of various General Account segments of the Company. The main responsibilities include enhancing ALM systems, reporting and operations processes, supporting interest rate risk forecast, assisting the analysis, design and implementation of value–added investment strategies as well as various return/risk optimizing initiatives. The incumbent will work closely with professionals and management from the Investments division, Business Unit valuation areas and Group functions (actuarial, risk, tax, controllers, Treasury).

Position Responsibilities:

  • Ensure the integrity, completeness, and timely production of operational activities and reports and manage efficiency;

  • Continuously review and enhance ALM systems, processes and reports; This will include the review/enhancement of various methodologies employed to obtain economic and accounting risk metrics under IFRS17;

  • Manage business requirements, requests, and other emerging issues that impact asset management (such as new business, reinsurance transactions, corporate restructuring, acquisitions and integration, capital management, liability segmentation etc.) that have the potential to materially impact earnings and other key risk metrics;

  • Support the interest risk forecast and provide senior management with updated risk position and market driven gain/loss analysis;

  • Support other ALM teams for the development of liability driven investment strategies and hedging strategies to ensure optimized balance of return and risks;

  • Assist the development and execution of interest rate risk rebalancing / mitigation plan;

  • Support other ALM teams for various balance sheet management tactical initiatives;

  • Build strong working relationships with investment team, business units and group areas to effectively execute responsibilities;

Required Qualifications:

  • FSA/FCIA with investment experience or Masters in a quantitative discipline, finance or CFA/PRM/FRM or other relevant risk management experience

  • Minimum 5 years working experience in a financial/investment risk management environment

  • Excellent quantitative finance and/or mathematics skills

  • Strong leadership skills and to be able to support, coach and motivate team members

  • Strong knowledge of fixed income, derivatives and ALM strategies, modelling and methodologies

Preferred Qualifications:

  • Prior ALM or other experience in a financial/investment risk management environment is an asset

  • IFRS9/IFRS17 knowledge/experience is an asset

Problems/Challenges:

  • A key challenge of the role involves the steep learning curve and having the ability to deal with complex investment concepts / valuation models

  • Well organized and process oriented with ability to handle multiple tasks and tight deadlines.

When you join our team:

  • We’ll empower you to learn and grow the career you want.

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact .

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$84,375.00 CAD - $151,875.00 CAD

If you are applying for this role outside of the primary location, please contact for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.

DirectEmployers