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OPTrust

Managing Director, Total Portfolio Strategy and Innovation

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In-Office
Toronto, ON, CAN
Expert/Leader
In-Office
Toronto, ON, CAN
Expert/Leader
Leads OPTrust’s strategic innovation portfolio and total portfolio analytics within the CIO’s office. Builds external partnerships, identifies disruption opportunities, advances AI and quantitative investment capabilities, and develops frameworks for portfolio risk, research, and decision-making. Collaborates with investment teams and committees, monitors portfolio exposures and market impacts, communicates complex investment concepts, and mentors future investment leaders.
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Managing Director, Total Portfolio Strategy and Innovation

Department: Office of the Chief Investment Officer – Investment Division

Type: Full-Time - Permanent

Location: Toronto (Hybrid)

Posting Date: August 19, 2026

At OPTrust, paying pensions today, preserving pensions for tomorrow is our mission and business.

When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – in Toronto, London and Sydney – makes a meaningful impact. Our culture is driven by team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone. We work in a fast-paced environment, but we find time to have fun and give back to the community.

What OPTrust offers you

  • Unique culture rooted in our core values – collaboration and teamwork, integrity, respect, flexibility, excellence and continuous improvement.

  • A purpose-driven environment where we all work towards the common goal of paying pensions today and preserving pensions for tomorrow.

  • Comprehensive benefits focused on your health and wellness, including dental, vision and extended health benefits, as well as membership in our world-class defined benefit pension plan.

  • A flexible, hybrid work model.

  • A dedicated inclusion, diversity and equity strategy with meaningful opportunities to participate, including our employee-led resource groups.

  • Extensive professional development opportunities and learning initiatives including access to LinkedIn Learning, guest speakers, tuition reimbursement, professional association memberships, leadership development programs, a mentorship program, monthly professional development time and more.

  • A competitive vacation package with additional work-life balance days.

About the role

Consistent with its Total Portfolio Approach, OPTrust is establishing a leadership role within the OCIO to enhance Innovation and Total Portfolio decision making, with a focus on leveraging innovative thinking, strategic partnerships and technology to improve Total Portfolio outcomes.

A critical enabler for success will be ensuring we are allocating scarce resources where they can be used most efficiently to support Total Portfolio objectives, amidst the changing geopolitical, technological and macroeconomic landscape.

Important to this mandate is leading the management of the CIO’s Strategic Innovation Portfolio, aimed at accelerating internal capability development and identifying areas within the Total Portfolio that are at risk of disruption. By integrating technology, innovation, and advanced analytics with investment strategy, macro insights, and risk factor analysis, the role provides a unified leadership position that serves as a critical enabler for informed, Total Portfolio decision-making.

In collaboration with investment teams and internal business partners, the individual will play a critical role in overseeing the design, construction and management of frameworks that will inform investment decision-making within the OCIO and at the Investment Strategy and Planning Committee.

What you’ll do

Manage the CIO’s Strategic Innovation Portfolio

  • Build and manage a small group of strategic relationships with external partners, including leading asset managers, venture capital firms, financial services firms, technology leaders and peer institutions with the strategic benefits of accelerating internal capability development and access to leading practices

  • Manage the Strategic Innovation Portfolio assets to meet portfolio objectives

  • Represent OPTrust in innovation and portfolio modernization forums, strengthening OPTrust's external profile as a forward-thinking institutional investor

  • Identify areas within the Total Portfolio that are ripe for disruption and could benefit from innovation

  • Lead the Identification, evaluation and derivation of strategic value from partners; recognize internal teams that can benefit from interactions with our partners and facilitate the relationship building process; generate and implement ideas on how we can add strategic value to our partners

  • Develop future leaders who can bridge the gap between investment expertise, technology capability, and operational excellence

Research and Total Portfolio Analytics

  • Lead the development of an integrated framework for portfolio risk identification, measurement, and reporting that enhances the CIO's ability to make informed decisions on Total Portfolio risk and risk factor allocation

  • Identify and deploy capabilities that enhance the quality and depth of investment research across asset classes and at the Total Portfolio level

  • Utilize AI and advanced analytics to improve investment insights and decision making

  • Foster a data-driven and evidence-based culture within the Investment Division

  • Lead the development of best-in-class research frameworks to facilitate unbiased quantitative results

  • Working with Performance Measurement & Analytics and Investment Risk functions, oversee monitoring of Total Portfolio positions and market movements on a daily basis to understand positions, risk exposures and market impacts on Total Portfolio performance

  • Oversee the review of new research, providing a critical external check on proposed strategies and recommendations

  • Ensure the Investment Division stays updated on the latest developments in quantitative finance, including new methodologies, tools, and technologies

Collaboration and Communication

  • Lead by example in supporting and contributing to the work of the Investment Strategy and Planning Committee as well as other Total Portfolio projects and initiatives, including the Investment Planning process

  • Collaborate with other investment groups and functions to enhance our investment framework over time

  • Ensure the investment teams maintain a thorough understanding of OPTrust’s Member Driven Investing (MDI) strategy, overarching philosophy, and portfolio construction / risk management framework; articulate our Total Fund objectives and contextualize individual strategies to our internal and external partners

  • Foster a culture of disciplined innovation, continuous learning, and intellectual rigor

  • Manage, mentor, and develop junior resources to build the next generation of investment talent for the organization

Other Duties

  • Provide support to the Total Portfolio Management Team, as needed

  • Perform other duties as assigned

  • Ensure clear understanding and adherence of all OPTrust’s policies, procedures, guidelines as well as living our values and fostering an inclusive culture

What you bring

  • 10+ years of progressive experience in investment management, portfolio strategy, or adjacent domains, including experience in public, private and venture capital markets

  • Preferably graduate degree (or equivalent experience) in economics, mathematics, finance, quantitative finance, and/or a related field such as applied mathematics

  • Experience with external manager selection, strategy development, portfolio management, quantitative analysis, or a related role

  • Experience with AI, machine learning, and systematic investing

  • Strong analytical and problem-solving skills with a keen attention to detail and willingness to take a hands-on approach in research and project management

  • Ability to work in a fast-paced and dynamic environment

  • A demonstrated ability to work effectively with internal and external partners and build strong relationships

  • Inquisitive in nature and constantly evaluating new ideas to help drive portfolio innovation over time

  • Ability to communicate complex information in a simple, relevant, unbiased and direct manner

  • Effective communication and interpersonal skills, able to effectively lead a team, communicate complex issues and build key working relationships

  • Exemplify OPTrust’s values: collaboration and teamwork, integrity, respect, flexibility, excellence, and continuous improvement.

This posting is for an existing vacancy. 

Please submit your application via Workday by September 2, 2026.

Serving a membership as diverse as ours and investing in a global market means cultivating an environment that embraces inclusion, diversity, and equity in everything we do. OPTrust is an organization engaged in building on our unique and diverse strengths. We know a diversity of backgrounds, cultures, gender identities and perspectives are critical to achieving our shared goals.

If you require accommodation at any time during the recruitment process, please send a message to [email protected], or discuss your needs with the Talent Acquisition Consultant during the telephone screening. We will do our best to work with you and provide appropriate accommodation.

As an organization we’re seeking ways to respond to the Truth and Reconciliation Commission of Canada’s Call to Action 92. We are working with the Canadian Council for Indigenous Business to build bridges with Indigenous communities and partners, and we have created an employee-led Reconciliation Working Group that will work with Indigenous experts to identify a path to reconciliation for our organization.

We thank all interested applicants, however only those under consideration will be contacted.

HQ

OPTrust Toronto, Ontario, CAN Office

Toronto, Canada

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