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Vice President of Portfolio Management
2 months ago
Position Overview
Grade: D10
Referral Level: Level 1
Division: MI Investments Fixed Income & MAS
Mackenzie Investments, a prominent player in Canada's diversified wealth and asset management sector, oversees approximately $271 billion in assets. We offer a comprehensive suite of financial planning and investment management services aimed at assisting over two million Canadians in achieving their financial aspirations. Our operations are primarily conducted through IG Wealth Management and Mackenzie Investments.
Founded in 1967, Mackenzie Investments serves as a holistic asset-management partner for numerous Canadian financial advisors and their clients.
Career Development at Mackenzie Investments
Our vision and strategy are designed to transform the industry and empower Canadians to succeed in meaningful ways. As part of our organization, you will engage in impactful work, cultivate valuable skills, and contribute positively to the lives of Canadians. We are honored to be recognized as one of Canada's Top Employers by Mediacorp Canada Inc.
We foster a culture of continuous learning, understanding, and knowledge sharing. Our supportive environment encourages curiosity and provides the necessary feedback to enhance your skills and capabilities. We are committed to offering a hybrid work model when applicable.
Mackenzie Investments champions diversity and inclusivity in the workplace, starting with a representative workforce. We welcome applications from all qualified candidates reflecting the diversity present across Canada.
Role Responsibilities
Reporting to the Vice President within the Fixed Income Portfolio Management team, the Associate Vice President will spearhead research initiatives, manage portfolios, and serve as a designated portfolio manager. The role is based in Montreal/Toronto.
Ideal candidates are enthusiastic about portfolio management, innovative, creative, and possess strong decision-making capabilities while maintaining the highest standards of integrity and honesty. They are driven by the pursuit of excellence as part of a team striving to be the best in the industry.
The successful candidate will acquire valuable insights and skills by participating in a team responsible for making investment decisions across various asset classes, geographies, and investment strategies.
Key Responsibilities Include:
- Active involvement in daily portfolio management tasks, including Mutual Funds, ETF portfolios, SMAs, and Index Funds.
- Evaluating the investment merits and risks associated with various strategies and concepts.
- Conducting macroeconomic research across global markets to generate ideas and drive alpha.
- Contributing to investment thought leadership and crafting innovative investment solutions tailored to client needs.
- Prioritizing and supporting the team's sustainability objectives through portfolio management and idea generation.
- Engaging in discussions regarding the positioning and management of Fixed Income portfolios in collaboration with the Macro team, credit group, and Quants.
- Representing the Mackenzie Fixed Income team at various functions, including Retail due diligence and Institutional gatherings.
- Assisting the Quebec Sales team by engaging in fixed income discussions with advisors for asset gathering across the province. Frequent travel within the province is anticipated.
- Preparing commentaries as required for client service needs.
Essential Qualifications and Experience:
- PhD or Master's degree in Finance, Economics, Statistics, Computer Science, or a related discipline.
- The CFA designation or demonstrated progress towards obtaining the CFA is advantageous.
- A minimum of 5 years of portfolio management and disciplined research experience at leading institutions.
- A strong quantitative background with a profound understanding of market drivers and fundamentals.
- A proven track record of exceptional performance in managing fixed income, macro, multi-asset, and/or asset allocation mandates.
- In-depth knowledge of economics, asset pricing, portfolio construction, risk management, and derivatives.
- Familiarity with programming (Python, R, etc.) and data management software tools (e.g., Tableau and MS Excel); database knowledge (MongoDB, SQL) is a plus.
- Ability to perform under pressure and meet time-sensitive deadlines.
Skills and Attributes:
- Outstanding analytical and research capabilities.
- Ability to work independently with a high degree of initiative and resourcefulness.
- Disciplined, analytical approach focused on problem-solving.
- Capacity to quickly analyze and interpret large volumes of information.
- Capability to implement strategies, not just analyze them.
- Intellectual rigor and curiosity.
- Strong organizational and prioritization skills.
- Ability to excel in a collaborative, team-oriented work environment.
- Energetic, client-focused, and high integrity.
- Excellent oral and written communication skills, comfortable presenting and representing the team.
- Drive, ambition, and a commitment to continuous improvement.
Mackenzie Investments is an accessible employer dedicated to providing a barrier-free recruitment experience. If you require accommodations or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will collaborate with you to meet your needs.