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.
Requirements
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.
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 https://www.manulife.com/en/about/our-story.html .
Manulife is an Equal Opportunity Employer
Referenced Salary Location
Toronto, Ontario
Working Arrangement
Hybrid
Salary range is expected to be between
$92,900.00 CAD - $142,900.00 CAD
Benefits
Health insuranceDental insuranceVision insuranceFlexible scheduleEquity / stock options
Additional Information
Manager, Quantitative Models Development
The 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.
Manulife · Toronto, On, Canada