Principal, 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 Linked In 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 Total Portfolio Group (TPG) sits at the center of this approach. On behalf of the CIO, TPG leads the Fund’s asset allocation, portfolio construction, total‑fund analytics, and economic research, ensuring that investment decisions are grounded in a whole‑of‑fund perspective. The group also supports the CEO and CIO on structural design elements such as investment governance, benchmarking, and performance attribution, and advances HOOPP’s governance frameworks, including guardrails, investment policies, and Board reporting.

The Principal, Total Portfolio within HOOPP’s Total Portfolio Group (TPG) is responsible for designing and evaluating portfolio positioning and structure in alignment with the Total Portfolio Approach (TPA). Reporting to the Sr. Principal, Total Portfolio, this role focuses on integrating economic insights, portfolio construction principles, risk management, and real‑world implementation to develop and present robust strategy recommendations to senior leadership, including the CIO and the Total Portfolio Approach Committee (TPAC).

The Principal is expected to perform quantitative and scenario analysis, using advanced tools to inform evidence‑based frameworks, and actively collaborates across teams to ensure intentional, well‑structured portfolio outcomes that support the Fund’s long‑term objectives. Success in this role is measured by the clarity and impact of portfolio strategy, the coherence of asset mix across markets, and the degree to which total portfolio thinking is embedded in organizational decision‑making.

• Develop total portfolio strategy and design frameworks that translate changes in the economic environment, risk appetite, and portfolio constraints into coherent positioning recommendations.
• Design and evaluate relative asset class positioning across public and private markets within a Total Portfolio context.
• Analyze and recommend intra‑asset class positioning, including exposures across countries, regions, sectors, and styles, where relevant to total portfolio outcomes.
• Develop customized portfolio solutions within asset classes, such as equity market constructions designed to deliver desired exposures, risk characteristics, and implementation efficiency.
• Assess how shifts in market structure, correlations, liquidity conditions, and risk premia should influence portfolio composition and risk allocation.
• Design and evaluate portfolio response scenarios under different economic and market environments, with a focus on preparedness,…