Job Requisition Id: 175080
Business Function: Pension Investment
Primary City: Toronto
Other Location(s):
Province: Ontario
Employment Type: Full-Time
Employment Status: Permanent
Language Requirement: English Essential
Employee Class and Level: CPPIA02
Number of Vacancies 1
Job Closing Date (MM/DD/YYYY): 11/17/2023
All qualified candidates will be considered however preference will be given to Indigenous people (First Nations, Metis or Inuit) or persons with a disability. This is a special measure employment equity initiative and candidates from this group who wish to qualify for preferential consideration must self-identify.
Job Description
The Senior Portfolio Manager, ESG (Environmental, Social and Governance) will work with the Director, ESG Investing and the Investment Team to continue the development and implementation of CPC’s Responsible Investment (RI) strategy. The Senior Portfolio Manager, ESG will contribute to the management of long-term risks, and to the achievement of long-term sustainable investment returns, by aligning the CPC’s investment portfolio with the consideration and integration of environmental, social and corporate governance (ESG) factors. They will ensure effective communication of this approach to external and internal stakeholders.
Job Responsibilities
Below are the main job requirements and responsibilities for the Senior Portfolio Manager, ESG.
- Works with the Director, ESG Investing and the investment team to implement the CPC’s RI strategy, policy and processes in order to align with industry best practice and manage long-term risks. Assists in the development of processes and governance policies aiding the efficient implementation of the CPC’s investment strategy, including assessment of climate change risks and opportunities.
- Conducts and reviews comprehensive research, analysis and monitoring of relevant company, sector and asset specific ESG factors. Responsible for implementing and overseeing CPC’s voting and engagement strategy. Monitors and directs activities of third-party advisors, external fund managers and other specialists as required to meet obligations under the CPC’s RI strategy and stewardship processes.
- Aids the investment teams in the monitoring of and engagement with external fund managers (existing and prospective) with regard to their RI approach to ensure they are aligned with CPC RI principles and policies and for internal consistency. Supports the investment team, through available best practice tools, analytics and research into underlying assets, in the engagement with managers on ESG issues and climate-related risks.
- Supports the investment teams in the development and maintenance of tools to ensure that ESG considerations are adequately integrated in the investment and monitoring activities of CPC’s private market investments.
- Coaches the Investment teams on RI to ensure they are appropriately versed on RI policies (including application to each asset class) and industry developments, and to increase understanding across the broader organisation. Collaborates with colleagues on new investment ideas to ensure implementation takes into account RI principles.
Job Responsibilities (continued)
- Establishes monitoring processes to verify that assets/investments are in line with all RI policies.
- Works with the UN-backed Principles for Responsible Investment (PRI) including completion of the annual PRI assessment.
- Conducts research and peer benchmarking in order to compare best practices, performance metrics and business processes in order to educate the Investment teams on updates of industry and peer developments.
- Responsible for monitoring and reporting strategy for asset class specific KPIs (Key Performance Indicators), which includes creating and continuously improving metrics that allow the Investment team to maintain a pulse on ESG performance, including performance breakdowns and performance trends. Addresses any ESG data concerns as appropriate.
Qualifications
Education
- University degree in a financial, environmental economics or other relevant numerical discipline
- CFA designation is highly desirable
Experience
- Significant experience in analysis and management of ESG issues in an investment context, and ESG-related engagement activities in a corporate or investment context
- Experience of day-to-day asset management or fund management
- Experience in ESG integration in private markets such as real estate, infrastructure and private equity is highly desirable
- Specialization in climate risk and the low-carbon transition
- Experience of project management and implementing new processes
Other Candidate Requirements
- The ability to apply good judgment, think creatively and develop independent points of view, supported by facts and analysis
- A rigorous attention to detail and approach to research and analysis
- Ability to use both quantitative analysis and the assessment of qualitative factors to support a view on multi-faceted ESG matters
- Strong research, financial modeling and valuation skills
- Strong contributor who enjoys a high performance culture and is comfortable operating at a rapid pace in an environment of change
- Strong interpersonal skills, with a track record of working and interacting effectively with others, both internal and external to the organization
- Well-developed organizational and time management skills
- Highly effective written and oral communication and presentation skills, both for internal and external interactions at all levels of the organization
- High proficiency in Microsoft Office application including PowerPoint and Excel
- Sound organizational, analytical, judgement and decision-making skills with proven abilities in problem solving.
Other Information
Safety Sensitive Positions
This position may be considered a Safety Sensitive position and has additional requirements under Canada Post’s Substance Use Policy.
Employment Equity
Canada Post will represent Canada’s diversity and provide a safe and welcoming workplace that embraces and celebrates our differences. We are committed to employment equity and encourage applications from women, Indigenous People, persons with disabilities and visible minorities.
Disability is defined as a persistent or episodic physical, sensory, or mental health condition and/or functional limitation. Disability includes both visible and hidden conditions and/or limitations that may impact vision, hearing, mobility, flexibility, dexterity, pain, learning, developmental, mental/psychological, and memory.
Conflict of Interest
The Conflict of Interest Policy prohibits employees from hiring, supervising or reporting to, directly or indirectly via the reporting hierarchy, their immediate family or close personal relations. Should you feel that you may be in an actual or potential Conflict of Interest in regard to this job opportunity, you must communicate with the designated Human Resources representative.
Accommodation
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Important Message
Your application must clearly demonstrate how you meet the requirements as Canada Post cannot make assumptions about your education and experience. We thank all those who apply. Only those selected for further consideration will be contacted.
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