Senior Portfolio Manager, Fixed Income Investments

1 month ago


Toronto, Ontario, Canada Canada Post Full time
Job Description

As a Senior Portfolio Manager, Fixed Income Investments, you will play a key role in managing the credit risk of the corporate bond portfolios of the pension plan. This senior investment role will provide lead coverage for credit approvals, monitoring, and recommendations for purchase and sale opportunities. You will be responsible for preparing internal reports and monitoring documents.

Key Responsibilities
  1. Proactively identify and screen public fixed income opportunities to build and manage a portfolio of investment-grade investments. Conduct thorough financial analysis and risk/return assessments.
  2. Stay up-to-date with market trends, opportunities, and ideas covering corporate credit of individual corporate names and sector components. Maintain a strong market awareness of the stage of the market cycle and sector timing elements.
  3. Conduct comprehensive due diligence on public fixed income corporate names, including detailed financial analysis and risk/return recommendations. Build, maintain, and update detailed credit research documentation for approved credit names and monitor situations.
  4. Assess and review infrastructure transactions for identification of material risk components and return considerations.
  5. Prepare pension plan fixed income investment reports and presentations for the CPC pension committee and other committees. Attend and present at these committee meetings as required.
  6. Develop and maintain strong working relationships with senior management of public corporations, rating agency personnel, and investment dealers.
  7. Review and track credit performance of name and sector recommendations. Utilize portfolio systems such as Bloomberg, Statpro, and other investment systems as required.
  8. Assess corporate structures, public disclosure documents, and business models for investment recommendations. Review detailed disclosures on structured products, asset-backed securities, and other related structures for risk assessment and return considerations.
  9. Maintain a network of internal and external contacts to regularly benchmark and remain current on future trends and developments related to government standards, industry practices, legislation, guidelines, new technologies, and programs related to CPC's responsibility in managing its own pension fund.
QualificationsEducation

A university degree, preferably in Business or Finance, is required. An MBA, CFA, or CA is an asset.

Experience

A minimum of 5 years of experience in investment research, buy or sell-side experience, rating agency experience, or private and public infrastructure experience is required. 3 or more years of direct investing experience in credit markets, specifically investment-grade bonds, is also required.

Other Requirements

Well-developed Excel skills, including financial modeling, discounted cash flow analysis, comparable company analysis, IRR performance calculations, and benchmarking analysis are required. Proficiency in Bloomberg is also required. Excellent written and verbal communication skills are essential. A demonstrated track record of professional success is required.



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