Law Foundation of British Columbia

Financial Planning and Analysis

• Develops and executes investment policy, strategy, and procedures to optimize returns at risk levels appropriate for the Foundation
• Works closely with the Director of Finance to ensure investment strategy, policy, and asset allocation align with the Foundation’s financial outlook and liquidity needs
• Integrates the Foundation’s values into investment strategy, policy, and decisions
• Brings forward innovative investment topics and ideas for discussion with Governors and members of the Senior Leadership Team
• Identifies and sources investment opportunities and products that support the Foundation’s investment and mission objectives, including responsible investing goals
• Stewards the Foundation’s mission and vision by clearly articulating the value of the Foundation’s work to investment managers and other external parties
• Analyzes risk, return, and asset mix at the portfolio and manager level
• Identifies emerging risks and performs stress testing under various scenarios
• Oversees the annual review of the Foundation’s Investment Policy
• Continually develops and applies the Foundation’s Responsible Investing Philosophy
• Oversees periodic asset mix reviews, working in close collaboration with the Investment Advisor
• Collaborates with the Director of Finance in the selection of deposit products such as GICs, term deposits, and interest-bearing savings accounts, and in developing Treasury strategy and policy that best serves the Foundation’s investment objectives and operational needs
• Provides insight into interest rate outlook and capital market trends, proactively communicating implications for the Foundation’s strategy
• Collaborates with other law foundations to share learnings and best practices, and maintain a sound understanding of the investment landscape across Canada
• Maintains and executes a strong investments governance framework to ensure the responsible management of the Foundation’s investments in accordance with professional standards and fiduciary obligations
• Maintains the Foundation’s reputation by supporting a positive, inclusive, and reciprocal culture, both internally and in relationships with investment managers and advisors
• Organizes the Investments Subcommittee meetings, including preparing the agendas and owning responsibility for reporting to committee members
• Prepares clear, decision-focused performance and compliance reporting for the Investments Subcommittee
• Works closely and collaboratively with other members of the Finance team to develop, maintain, and present financial reporting related to investments
• Delivers presentations regarding the Foundation’s investments to the Board, Finance and Operations Committee, Investments Subcommittee, and Senior Leadership Team as applicable
• In collaboration with the external Investment Advisor: Oversees total portfolio performance across all asset classes
• Holds primary responsibility for oversight of investment managers
• Establishes and monitors portfolio risk and performance metrics
• Gathers, assesses the completeness of, and analyzes all periodic reporting from investment managers
• Assesses the performance of investment managers, both in terms of risk/return and regarding responsible investing objectives, ensuring performance meets or exceeds investment objectives over the long term
• Ensures compliance with all applicable legal, regulatory, professional and fiduciary standards
• Monitors manager activity for adherence to guidelines, constraints, contract terms, investment philosophy and stated risk tolerance
• Solicits feedback from the Investments Subcommittee in the assessment of investment performance and making decisions in response to performance findings
• Leads investment manager selection, onboarding, and termination processes
• Conducts due diligence and review, and makes recommendations regarding investment manager selection
• Analyzes investment management fees and negotiates rates and fee structures with investment managers
• Assists Finance team members with gathering information for periodic accounting transactions, investment reconciliations, and audit documentation
• In partnership with the Director of Finance, Director of Communications, and Manager of Trust Accounting, maintains excellent working relationships with investment managers and other financial institution contacts, including through regular in-person meetings and attendance at events
• Maintains a close working relationship with the Foundation’s investment advisors to ensure sound oversight of the Foundation’s investments
• Collaborates closely with the Director of Finance, Controller, and/or Manager of Trust Accounting on cross-functional strategy, policy and procedure, including the management of financial institution relationships
• Works closely with other members of the Finance team to ensure the efficient and effective operation of investment-related transactions, including funding and withdrawal transfers
• Stays current on industry practices, innovative investment ideas, investment managers and consultants
• Maintains the Foundation’s status as a respected member of the investment community and one of the leading Foundations in BC

Managing Director, Investments