Senior Economist, Total Portfolio

Why you’ll love working here:

• high-performance, people-focused culture

• our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves

• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth

• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security

• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).

• optional post-retirement health and dental benefits subsidized at 50%

• yoga classes, meditation workshops, nutritional consultations, and wellness seminars

• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

At HOOPP, we take a Total Portfolio Approach (TPA) to managing the Fund’s investment portfolio. TPA is an investment mindset centered on preparedness—ensuring the Fund is ready to respond when conditions change, whether driven by market dynamics or internal priorities. Capital and risk are allocated dynamically across asset classes and investment strategies, with the ultimate objective of safeguarding and enhancing the Fund’s funded status over the long term.

The Senior Economist is accountable for delivering clear, actionable macroeconomic insight for the Total Portfolio Group. This role requires intellectual rigor, curiosity, collaboration, and the ability to synthesize diverse research and perspectives across teams, using AI tools and professional discernment. Responsibilities include developing HOOPP’s integrated macroeconomic view, identifying key risks, translating complex signals into clear narratives, and delivering decision-relevant reports for senior leadership. Success in the role means embedding forward-looking economic scenarios into portfolio thinking, challenging blind spots, and supporting the organization’s evolving investment strategy in a constructive, team-oriented environment.
 

• Develop and maintain HOOPP’s integrated view of the global macroeconomic environment, including economic regimes, growth and inflation dynamics, policy constraints, and key macro-financial risks.

• Curate, synthesize, and critically evaluate a wide range of external research and information sources, including sell-side economists, buy-side and hedge fund research, specialist economic research providers, portfolio companies, private asset managers, policy communications, data releases, and public commentary.

• Use AI tools extensively to ingest, summarize, compare, and organize large volumes of economic and market information, while applying human judgment to assess relevance, credibility, and implications.

• Identify where consensus economic views are robust versus fragile, and where growth, inflation, or policy outcomes may surprise to the upside or downside.

• Translate complex and sometimes conflicting economic signals into clear, internally consistent economic narratives that can be understood and used by senior investment decision-makers.

• Frame economic insights probabilistically, emphasizing scenarios, asymmetries, and risks rather than point forecasts, and clearly articulate what would cause views to change.

• Provide decision-relevant economic insight to TPG leadership and the CIO, supporting total fund preparedness without prescribing portfolio actions or asset allocation decisions.

• Own the development and delivery of periodic economic insight reporting for TPG and senior investment leadership, synthesizing current macroeconomic conditions, regime assessments, key risks, and growth and inflation surprise dynamics in a clear, decision-relevant format.

• Ensure these periodic outputs remain forward-looking, integrated, and actionable, evolving as conditions change rather than serving as static or backward-looking commentary.

• Engage regularly with internal investment teams across public and private markets to ensure shared understanding of the macroeconomic environment and its relevance to total portfolio outcomes.

• Participate in meetings with external managers, economists, and research providers to extract and evaluate economic insight from diverse perspectives.

• Monitor and interpret macroeconomic data, policy developments, and financial conditions on an ongoing basis, maintaining a “living” view of the economic landscape.

• Contribute to scenario analysis, stress-testing discussions, and total-fund preparedness frameworks from an economic perspective.

• Communicate economic insights clearly and concisely through written briefs, presentations, and discussions tailored to senior audiences, including the CIO and executive committees.

• Act as a thought partner within TPG, helping elevate the quality, clarity, and consistency of economic thinking across the total portfolio process.

• 10+ years of experience in macroeconomics, economic strategy, or related roles within a sophisticated institutional investment, policy, or research environment (e.g., asset owner, asset manager, macro fund, central bank, or leading research institution).

• Deep understanding of economic theory and macroeconomic dynamics, combined with a pragmatic, adaptive approach that goes beyond classical or textbook models.

• Demonstrated ability to synthesize large volumes of complex, and often conflicting, information into clear, decision-relevant insight.

• Strong judgment and intellectual discipline, with comfort operating in environments characterized by uncertainty, ambiguity, and regime change.

• Proven ability to frame economic views probabilistically, focusing on scenarios, asymmetries, and risks rather than precise forecasts.

• Advanced proficiency with AI tools (e.g., large language models and related technologies), with demonstrated creativity in using them to enhance research curation, synthesis, and insight generation.

• Experience working closely with senior decision-makers, with the ability to influence thinking through clarity, rigor, and trusted analysis rather than formal authority.

• Strong communication skills—written and verbal—with the ability to distill complex economic concepts into clear, accessible messages for senior investment audiences.

• Comfort engaging with a wide range of external stakeholders, including economists, portfolio managers, and investment professionals across asset classes.

• Intellectual curiosity, openness to multiple frameworks, and the ability to challenge consensus views thoughtfully and constructively.

• Graduate degree in Economics, Finance, Public Policy, or a related discipline; PhD or equivalent advanced training is an asset but not required.

• Professional designations or additional training (e.g., CFA) are an asset but not essential.

• High standards of professionalism, integrity, and collaboration, aligned with HOOPP’s culture and long-term mission.