Analyst, Global Credit (External Funds)

IMCO; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading asset management company is seeking an Analyst to join its Global Credit team in Toronto. The role involves sourcing, structuring, and monitoring investments in public and private credit funds. Candidates should have an undergraduate degree, strong analytical skills, and experience in investment evaluation. This position offers a competitive salary, benefits, and a hybrid work model.

Benefits

Competitive salary

Comprehensive benefits package

Hybrid work model

Qualifications

• 2+ years of experience in investments, asset management, consulting, or evaluating new investment opportunities.
• Strong interest and understanding of private credit, private equity, and/or private markets.
• Excellent analytical and valuation skills.

Responsibilities

• Assist in screening and conducting due diligence on private credit fund investments.
• Monitor and analyze performance of public and private credit funds.
• Develop and generate periodic and ad-hoc analysis for investment management.

Skills

Analytical skills

Quantitative skills

Communication skills

Team player

Education

Undergraduate degree in Finance, Economics, Mathematics, Engineering or Business Management

CFA Charterholder or progress towards the designation

MBA or other related master’s degrees

Job description

Overview

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career.

We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the partner of choice for Ontario’s public sector funds and build a high-performing, value-based Asset Management firm in the heart of downtown Toronto.

If you are ready to drive best-in-class service, and join a collaborative, motivated, and fun team of professionals, we’re ready to offer you a great place to work with exciting opportunities for growth and development.

If you want to use your expertise to drive strategic business outcomes, then we want you at IMCO!

Position

We are looking for an Analyst to join the Global Credit team during an exciting time as we grow and refine our ~$9B global credit portfolio. The Analyst will assist in sourcing, structuring, and monitoring IMCO’s investments in external public credit and private credit funds. The role will involve assisting in due diligence of potential private credit fund commitments in addition to post-investment monitoring and analysis of portfolio performance. The role involves developing a strong understanding of the Global Credit investing space and building and sharing knowledge of innovative trends and opportunities across the team. The successful candidate will bring strong analytical and critical thinking skills, a keen interest in investing and credit markets, and a passion for driving thoughtful dialogue and impact.

Responsibilities

• Funds: contribute to all aspects of the deal process including:
• Assist in screening and conducting due diligence on private credit fund investments (ie. Middle Market Direct Lending Funds, Alternative Credit Funds) and other private credit strategies
• Interact with fund and investment managers to conduct in-depth portfolio and asset-level underwriting and analysis
• Perform quantitative and qualitative research and analysis on fixed income credit markets, companies and assets across stages, industries, and geographies
• Assist in preparing due diligence materials and investment committee memos
• Track and analyze market transaction trends

• Post-investment Fund and Portfolio Monitoring, including:
• Conduct post-investment monitoring of public and private credit funds and manager’s investment strategies, ensuring investment objectives and expectations are met
• Monitor and analyze sources of fund and portfolio investment performance; conduct performance attribution analysis, peer benchmarking and assess fund and portfolio analytics
• Attend quarterly and annual fund meetings, formal manager reviews and manager on-site visits; prepare and maintain monitoring memos
• Maintain strong relationships with fund managers; plan and manage ongoing engagement
• Maintain a strong understanding of the fund managers’ portfolios, review transactions and identify innovative trends and opportunities for collaboration on direct investments

• Ongoing Asset management, including:
• Apply investment management knowledge to support the Credit team by generating research and analysis which contribute to policies, procedures, and strategies to improve the portfolio’s risk-return profile.
• Contribute to the maintenance of Global Credit databases.
• Develop, generate, and collate periodic and ad-hoc analysis using various sources for investment and portfolio management, and to satisfy board and client reporting requirements.
• Contribute to ad-hoc projects as required to further the development of the Global Credit strategy and processes.
• Perform other duties as assigned

What do you need to succeed?

• Undergraduate degree (Finance, Economics, Mathematics, Engineering or Business Management preferred)
• CFA Charterholder or progress towards the designation, MBA or other related master’s degrees are considered assets.
• 2+ years of experience in an investments, asset management, consulting, or other related role involved in evaluating new investment opportunities
• Strong interest, understanding and previous exposure to either private credit, private equity and/or private markets
• Excellent quantitative skills, analytical, and valuation skills to support the evaluation of investment opportunities
• Strong verbal and written communication skills with the ability to explain complex issues in a clear and compelling manner and present information to internal/external stakeholders
• Team player with a proven ability to build relationships across all levels of an organization as well as external clients and stakeholders

What IMCO can offer you

We thrive on the challenge to be our best, to deliver an unparalleled employee experience and to work as one team to continuously improve the management of broader public-sector investment funds. In addition to offering a competitive salary and comprehensive benefit package, we pride ourselves on helping you reach your potential, making a difference in our communities, and achieving success that is mutual.

We thank all applicants, however, only those selected for an interview will be contacted.

Our hybrid work model offers flexibility and provides our employees with the opportunity to lead a well-balanced life. Our Corporation’s offices located at 16 York Street, Suite 2400, Toronto, ON M5J 0E6 provide a welcoming space for employees to gather, work collaboratively, and grow together.

IMCO is committed to providing accommodation for people with disabilities in its recruitment process. Please advise IMCO if you require an accommodation and we will work with you to meet your needs. Candidates being considered for this position will be required to submit to a background screening.