Associate Portfolio Manager

CIBC Asset Management; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial services firm in Toronto seeks a Portfolio Manager to assist in managing Dividend Equity portfolios. Candidates should have at least five years of equity research and/or portfolio management experience, strong analytical skills, and effective communication abilities. This full-time on-site position offers a competitive salary and comprehensive benefits.

Benefits

Competitive salary

Defined benefit pension plan

Employee share purchase plan

Vacation and wellbeing support

Paid day off for personal development

Qualifications

• Minimum of five years in equity research and/or portfolio management.
• Familiarity with quantitative tools for investment processes.
• Ability to communicate complex issues effectively.

Responsibilities

• Assist in managing Dividend Equity portfolios.
• Conduct independent company research and challenge existing analyses.
• Make disciplined investment decisions based on research.

Skills

Accountability

Analytical

Communication

Detail-Oriented

Equities

Fundamental Research

Portfolio Management

Risk Management

Collaboration

Education

Degree in Business, Finance, Economics, or Applied Sciences

Job description

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.

At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC please visit

What you'll be doing

Under the direction of the Chief Investment Officer Portfolio Management and Research (PM&R) and reporting into a Senior Portfolio Manager, you will be an integral member of the Equity Portfolio Management team. You will assist in managing select Dividend Equity portfolios. You are expected to conduct independent company research and guide and challenge the research conducted by the Equity Research Team. You will adopt a team culture emphasizing continuous personal, team, and performance improvement. As part of a dynamic and collaborative team, you will share research insights with analysts and Portfolio Managers across all asset classes within CIBC Global Asset Management (GAM). You will be accountable for strong peer and benchmark-relative performance while adhering to investment guidelines and client objectives. Additionally, you will contribute to marketing and servicing efforts for both institutional and retail clients.

At CIBC, we enable an optimal work environment for you to thrive. To perform your role successfully, you will be on-site full-time.

How you'll succeed

• Portfolio Management Support: Generate financial models and thesis statements to capture mispriced alpha and maintain an accurate research platform with models and forward-looking estimates.
• Investment Decisions: Make investment decisions based on disciplined fundamental research and risk-aware portfolio construction to achieve desired outcomes.
• Risk Mitigation: Use portfolio construction and scenario analysis to define and adhere to parameters aligned with client objectives and guidelines.
• Collaboration: Work with other asset teams and contribute to marketing and servicing efforts for institutional and retail clients.
• Research Contribution: Support GAM equity funds by engaging with the PM&R equity team, sharing information, and challenging investment theses.
• Influence Discussions: Use experience and pattern recognition to positively influence team discussions, increasing the likelihood of successful investment decisions.

Who you are

• You hold a degree in Business, Finance, Economics, or Applied Sciences.
• You have at least five years of relevant equity research and/or portfolio management experience.
• You are familiar with quantitative tools used within a fundamental investment process.
• A CFA designation is highly recommended; other professional designations are a plus.
• You have experience in computer modeling and spreadsheet analysis.
• You communicate effectively, both orally and in writing, and can understand and explain complex issues.
• You are committed to continuous personal and professional improvement.
• You pay attention to detail and use critical thinking to inform decision-making.
• You prioritize clients, engage purposefully, and go the extra mile.
• You are goal-oriented, motivated to achieve success, and value teamwork and inclusivity.
• You embody core values of trust, teamwork, and accountability.

LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We focus on your strengths and ambitions, creating opportunities for growth. We offer competitive salary, incentive pay, banking benefits, and a comprehensive benefits program including a defined benefit pension plan, employee share purchase plan, vacation, wellbeing support, and MomentMakers recognition program.

Our workspace and technological tools foster collaboration and innovation. We also support your growth through initiatives like Purpose Day, a paid day off for personal development.

What you need to know

CIBC is committed to diversity and inclusion. We seek applicants with a wide range of abilities and provide accessible experiences. If you need accommodations, please contact us.

You must be legally eligible to work at the specified location(s) and have a valid work or study permit if applicable.

We may require you to complete assessments and skills tests to learn more about your capabilities and to help you learn about us.

Job Location

Toronto - 161 Bay St., 22nd Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accountability, Analytical, Research, Communication, Detail-Oriented, Equities, Financial Markets, Fundamental Research, Investments, Leadership, People Management, Portfolio Construction, Portfolio Management, Professional Presentation, Researching, Results-Oriented, Risk Management, Collaboration, Work Under Pressure

Required Experience: Manager

Key Skills

Project / Program Management, Portfolio Management, Credit Analysis, Banking, Pricing, Analysis Skills, Financial Analysis, Budgeting, Contracts

Experience: years

Vacancy: 1