Hybrid Director, Portfolio Management – Group Businesses

Posted 4 hours ago

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About the role

  • Director of Portfolio Management at SLC Management executing investment strategies for Group Benefits and Group Retirement Services. Collaborating with teams to enhance profitability and optimize capital.

Responsibilities

  • Develop and support the implementation of tactical and strategic investment decisions for the asset portfolios backing liabilities in the Group Benefits and GRS business units within the Canada business group
  • Work with all existing and new asset classes that comprise the investment portfolio, including public bonds, private fixed income, commercial mortgages, real estate, and other alternative asset classes
  • Provide investment expertise and educate the business units on unique investment opportunities
  • Monitor tactical trading opportunities (primarily interest rate and credit) and facilitate execution with the SLC front office teams
  • Lead portfolio optimization efforts in investment strategy reviews
  • Support the strategic direction and own the day-to-day management of various risks including interest rate risk, credit risk, currency risk, liquidity and collateral risk in the Group portfolios
  • Prepare and present investment overviews, commentaries and opportunities to internal and external partners
  • Partner with SLC teams and Client ALM partners to develop innovative solutions for products.

Requirements

  • 5+ years of experience in the investment industry
  • Knowledge of broad asset classes across the investment spectrum, including fixed and non-fixed income
  • Understanding of the liability profile for group benefits / annuities businesses
  • Knowledge of modern portfolio theory and application, including portfolio construction, asset pricing and risk management
  • Creative, flexible thinker who enjoys exploring new ideas
  • Problem solver, with demonstrated ability to deliver innovative solutions
  • Ability to cultivate strong working relationships across various functional areas (SLC, ALM, Treasury, Risk and Finance)
  • Experience with financial tools or software (i.e. Bloomberg, Blackrock Aladdin, Morningstar Direct)
  • Excellent communication and written skills.
  • University degree in finance, business or economics
  • CFA designation with MBA/MFE (or equivalent) is preferred.

Benefits

  • Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial
  • Generous vacation and sick time
  • Market-leading maternity, parental and adoption leave top up program
  • A partially-paid sabbatical program
  • Pension, stock and savings programs with an employer-paid match to help build and enhance your future financial security
  • Flexible work environment
  • Opportunity to work for a growing global institutional asset manager.
  • Amazing networking potential.
  • Award winning workplace culture - Great Place to Work® Certified in Canada and the U.S. and more.

Job title

Director, Portfolio Management – Group Businesses

Job type

Experience level

Lead

Salary

CA$111,000 - CA$158,250 per year

Degree requirement

Bachelor's Degree

Location requirements

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