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Job Title


Analyst, Portfolio Construction


Company : University Pension Plan Ontario


Location : Toronto, Toronto


Created : 2026-01-21


Job Type : Full Time


Job Description

OUR COMPANY BACKGROUND & CULTURE UPP is the first pension plan of its kind in Ontario''s university sector, proudly serving over 41,000 members across six universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for growth, our doors are open to all Ontario universities. UPP is recognized as one of Greater Toronto''s Top Employers for 2026. Together, we''re a team of progressive thinkers and agile doers operating within a fast-paced culture of collaboration and respect. We believe in bringing smart and capable people together to create, solve, and grow with a clear shared vision and values of integrity, inclusivity, ingenuity, and impact. Our culture is intentionally welcoming and purposefully rooted in equity, diversity, inclusion, and reconciliation (EDI&R). We believe diverse teams, perspectives, and lived experiences contribute to better decisions and a better workplace. As a pension plan, UPP approaches investing through a long-term lens to generate and safeguard value. Our commitment to investing responsibly accounts for material risks that impact our investment portfolio to generate sufficient risk-adjusted returns to meet the pension needs of our members. Join us in building a bright future for our members, our organization, and each other. THE ROLE A great opportunity for a proactive and curious individual with a keen interest in portfolio management and multi-asset investing to join the Portfolio Construction & Investment Risk team (''PCIR''). The Analyst will join a team of high performing professionals and make a significant contribution to UPP''s story. We are looking for a candidate with limited prior experience in investment related roles who is eager to gain more experience within the finance sector. Our ideal candidate will be able to apply their keen interest in investments to solve interesting problems related to the implementation of our long-term investment strategy. Successful applicants are naturally curious, highly motivated, and proven self-starters eager to learn about pension fund management from a total fund perspective. Their past experiences and education will help the PCIR and UPP team progress towards their longer-term goals. Reporting to the Director, Portfolio Construction & Investment Risk, the Analyst will play a key role and provide analytical support to the team. The individual will also support requests from the executive leadership team to further evolve the fund''s long-term investment goals. This role is based in downtown Toronto under a hybrid work policy, allowing employees the flexibility to work remotely and in-office (approximately two days per week in-office). This posting is for a existing vacancy. KEY ACCOUNTABILITIES The UPP will grow as an organization and aspires to be a strong steward of its beneficiaries'' assets. Key responsibilities include, but are not limited to: Perform regular risk reporting and data analysis to monitor key risk measures, identify trends and provide insights to the team. Streamline, document and automate processes related to risk analysis and reporting to improve efficiency, ensure data integrity and reduce operational risks. Contribute to the development and continuous enhancement of total fund analytical tools, dashboards and reports to provide a deeper understanding of risk drivers and facilitate governance. Provide ad hoc research and risk analysis for new investments, risk modelling enhancement and support portfolio construction activities to facilitate effective investment decision making. Support the team in preparing risk analysis for senior management and Investment Committee presentations. QUALIFICATIONS & EXPERIENCE 1-3 years of relevant work experience. Experience in investment risk, portfolio analytics and automation are considered a strong asset. Internship experience is applicable. Undergraduate degree in a quantitative discipline such as Mathematics, Computer Science, Engineering, Finance, Economics or related field. Some exposure to working with analytical and data tools such as Excel, SQL, VBA, Python, R, Power BI. Familiarity with investment risk modelling is considered an asset. Experience with risk systems or data platforms (e.g. Risk Metrics, Bloomberg, Aladdin or similar) is an asset. ATTRIBUTES Intellectual curiosity and interest in investment risk, portfolio construction and financial markets. Ability to work independently with instructions and feedback. A nimble, resourceful collaborator who thrives in a start-up environment. Excellent interpersonal skills and a positive attitude; able to build positive relationships. Demonstrated ability to meet high performance standards and maintain a calm, pleasant demeanor in a fast-paced, deadline-driven environment. Alignment with UPP''s desire to be a leader in Responsible Investing, ESG, and climate change. EXPECTED COMPENSATION The expected compensation for this role is an annualized base salary in the range of $61,600 to $111,600. This range reflects the expected range for new hire base salaries and is subject to change and may be modified in the future. You may also be eligible for a variable incentive depending on organizational, divisional and personal performance. The final total compensation offered will vary depending on your skills, experience and other factors. LIFE AT UPP Do work that matters. We are duty-bound to serve our members'' interests, and it''s a responsibility we don''t take lightly. That''s why we''ve ingrained sustainability in our work from day oneto ensure our members have a resilient future to retire into, both today and for generations to come. Stronger together. Collaboration is how UPP was born, and it''s how we work with each other and our partners day in, day out. No one at UPP is just a number (even if they are excellent at math) and every win is a shared win. Grow every day. You''ll have the opportunity to work on unique, once-in-a-career projects that maximize your skill set and probably teach you some new onesat any stage in your career. Prioritize wellness. At UPP, wellness takes many forms. Ultimately, it''s about ensuring our people are cared for in the ways that matter to them. Check out some highlights of our inclusive employee-focused benefits program including: Defined benefit pension plan Flexible hybrid work model Paid time off vacations, personal days and wellness days Work remotely up to eight weeks/year Comprehensive group benefits including medical, dental, vision, etc. Extended paramedical and mental health service coverage Health care and lifestyle spending accounts Fertility treatments, paid parental leave, and gender affirmation coverage Education Assistance program This posting will remain open for a minimum of seven (7) days and will remain open until a sufficient number of qualified applications are received or finalist candidates have been identified. Artificial intelligence (AI) tools may be used to support certain stages of the recruitment process, including sourcing, screening, and assessment. All hiring decisions involve human review and intervention by UPP employees. UPP enthusiastically welcomes applications from all qualified applicants and especially invites people with lived experience as an Indigenous person, a person with a disability or as a member of another Human Rights Code protected group that faces barriers to employment to apply. Our goal is to create a barrier-free experience for every candidate throughout the recruitment process. UPP respects your privacy. For information on how UPP handles the personal information you provide during the application process, please see our Job Applicant Privacy Statement.