Manager, Quantitative Models DevelopmentThe Quantitative Models Development team provides quantitative modeling and analysis to support various business units within Manulife. The Manager, Quantitative Models Development has accountability and responsibility for developing models and analytics that used in house.
Responsibilities:- Collaborate with downstream users to develop the required valuation models and risk analytic tools to support their business initiatives.
- Maintain existing hedge accounting attribution tools and models, identifying opportunities for process improvements and developing solutions to enhance efficiency.
- Implement enhancements and further automation of the existing analytical tools to streamline and improve the processes.
- Monitor existing tool performance and troubleshoot issues to ensure accuracy and reliability of the hedge effectiveness and attribution results.
- Conduct ongoing reviews and assessment to ensure data integrity and consistency within the hedge accounting system.
Qualifications:- Advanced degree or professional designation in Finance, Computer Science, Mathematics, Engineering, Statistics, or Actuarial Science (Master's degree required, PhD preferred).
- Three to five years of experience in modeling or relevant model development within the financial services industry.
- Strong foundation in quantitative finance and derivative valuation theory, with familiarity in market conventions and the pricing of fixed income, interest rate, and equity derivative investments.
- Proficiency in an advanced programming language (e.g., C++, VB/VBA, Python, SQL, Matlab, etc.).
- Proven ability to conceptualize solutions for complex technical challenges.
- Effective oral and written communication skills, with the ability to build strong working relationships.
- Self-motivated and proactive in analyzing problems, researching and developing solutions, and executing implementation.
- Ability to work with a sense of urgency and meet 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.
The role being advertised is an existing vacancy.
Referenced Salary LocationToronto, Ontario
Working ArrangementHybrid
Salary range is expected to be between$92,900.00 CAD - $142,900.00 CAD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact [redacted] for the salary range for your location.
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 [redacted] for more information about U.S.-specific paid time off provisions.
