John Hancock Director, Data Design, Investment Operations - Toronto, Montreal or Boston in ON, Canada
Manulife’s Investment Division is embarking on an exciting journey that will transform the organization by harnessing the power of data and related analytics. This transformation is a key strategic enabler and we are looking for individuals who are passionate about joining the team that will lead this journey.
Investment Division Overview
Manulife's Investment Division manages the Company’s General Fund on-balance sheets assets (GA) and through Manulife Asset Management, manages assets for institutional clients and investment funds in key markets around the world. Manulife Asset management also provides investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock. The Division manages a broad range of investments including public and private bonds, public and private equities, mortgages, real estate, oil and gas, infrastructure, timberland, farmland and asset allocation strategies. The Division has physical presence in key international financial centers, including Canada, the United States, Hong Kong, Japan, the United Kingdom, Australia and throughout South East Asia. The Investment Division is a significant market player with more than C$650 billion in assets under management.
Overview of the Role
The Chief Data Office in close partnership with key business stakeholders, Global Investment Operations and Information Services will support the transformation of the organization to ensure data is leveraged as a strategic asset supporting our business goals. The group’s objectives include:
A single, central source for data which is easy to access and describes how the data was obtained
Data quality continually monitored and accuracy improved
Common standards and policies for data governance
Flexible reporting tools to access data and adapt to changing business or regulatory requirements
Reporting to the AVP, Head of Data Design, the Director, Data Design will be a key member of a senior team of data professionals responsible for establishing the data design program that ensures data workflows are designed efficiently and in a flexible manner to enable business capabilities. They will couple their data design experience with a solid understanding of the Investment Division’s business and operations to implement the data strategy.
Develop process to map current and future data workflows from source systems to end users
Develop process to redesign data workflows and processes to ensure they are transparent, simplified, automated and well-controlled to improve efficiency and mitigate risk
Develop process to identify Critical Data Elements (CDEs)
Lead process to develop business requirements for data assets and associated tools
Lead process to develop prototypes and foundational requirements
Contribute to a strong partnership with Data Management & Delivery
Liaise with business partners to ensure their requirements are identified and incorporated into tactical and strategic solutions
Create and maintain a central inventory of the Investment Division’s data assets
Develop and document Business Glossaries and metrics for relevant data domains in close collaboration with Data Governance and Quality functions
Deliver tactical response to data-related business issues; monitor, report and own issue to resolution
Contribute to the development and execution of the division’s data strategy that enables the most effective use of the data assets
Ensure data is available, reliable, consistent, accessible, secure, and timely to support the mission and activities of the division
Support the successful implementation of the Global Optimization initiatives
Collaborate with all groups within the Chief Data Office to ensure alignment across data functions and on target delivery of the group’s goals
Promote organizational excellence through development of a culture of accountability, innovation and teamwork
Build strong employee involvement, engagement and collaboration within and across teams
Play role of change agent across the organization
Utilize innovative approaches to solve business data problems
Strong service orientation
Take personal accountability for issue resolution and instill accountability within their team members
Drive team alignment with the Data Strategy
Note: This role can be based in Toronto, Montreal or Boston
Undergraduate degree in business, economics, or a quantitative discipline with asset management or financial services industry experience; CFA preferred
Minimum of 7 years of relevant business experience
Previous experience with the development and implementation of data design programs
Previous experience in the development and implementation of large, firm-wide processes
Strong leadership and communication skills
Constructive challenge and influencing skills
Experience in translating between business and technology
Champion of change and effectively managing the implementation of new ideas / improvements
Confident when dealing with investment professionals, senior management and other stakeholders
Knowledge and experience with asset management systems and platforms such as trading/order management, portfolio accounting, client reporting, performance analytics and master data management
Proficient in Word, Excel, Visio and PowerPoint
Highly analytical with strong consulting and problem solving abilities; tenacity to identify the root cause of problems is essential
Establishing a new discipline in a dynamic and fast-paced environment
This Position Description is intended to describe the general nature and level of the work being performed by employees in this job. It is not intended to be a complete list of all responsibilities, duties and skills required for this job classification.
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of September 2016, we had $966 billion (US$736 billion) in assets under management and administration, and in the previous 12 months we made more than $24.4 billion in benefits, interest and other payments to our customers.
Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit manulife.com or johnhancock.com.
Manulife is committed to supporting a culture of diversity and accessibility across the organization. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.
Organization: *MAM Canada
Title: Director, Data Design, Investment Operations - Toronto, Montreal or Boston
Requisition ID: 1611500
Other Locations: US-MA-Boston