Associate Portfolio Manager, Global Beta - CIBC Asset Management - Bilingual

Canadian Imperial Bank of Commerce; Montreal; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a dedicated Assistant Portfolio Manager to join their innovative team. This role involves managing diverse portfolios and conducting investment research to optimize strategies. You will collaborate with talented professionals, leveraging your expertise in derivatives and portfolio management to enhance client solutions. The company values your growth and offers a supportive environment where your contributions are recognized. If you are passionate about finance and technology, this opportunity is perfect for you.

Benefits

Competitive Compensation

Pension Plan

Employee Share Purchase Plan

Wellbeing Support

Paid Day Off for Personal Growth

Qualifications

• 10 years of experience in institutional asset management or related field.
• CFA or CIM accreditation is required.

Responsibilities

• Assist with managing portfolios across multiple asset classes.
• Research and develop indicators/processes for replication techniques.

Skills

Derivatives

ETFs

Fund of Funds

Portfolio Management

MATLAB

Python

SQL

Education

University Degree in Commerce, Economics, or Quantitative Field

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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 CIBC.com

What you'll be doing

CIBC Asset Management (CIBC AM) is one of Canada's largest asset management firms with approximately $180 billion in assets under management and over forty-five years of experience designing and implementing client solutions. We are leaders in providing a broad range of high-quality global investment management solutions to retail and institutional clients. As a member of the Global Beta, Outcomes and Overlay Management team, you’ll work in an innovative, detail-oriented team overseeing over $32 billion in Passive and Structured Product mandates across various asset classes (Equities, Fixed Income, Commodities, etc.), including derivative products. As an Assistant Portfolio Manager, Global Beta, you will contribute to the management and oversight of various passive mandates, Fund of Funds, and ETFs, along with related initiatives.

Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

• Portfolio Management. Assist with managing portfolios (Mutual Funds, Institutional accounts, Fund of Funds, ETFs, etc.) according to Investment Policy Guidelines across multiple asset classes, using various replication techniques including derivatives. Manage the process to roll derivatives instruments, implement, and monitor overlays or hedging strategies in relevant accounts. Participate in managing relations with counterparties, monitor and report on market conditions and executions, resolve settlement issues, etc., for passive portfolios, Fund of Funds, and ETFs.

• Investment Research. Research and develop indicators/processes to optimize/enhance replication techniques, systematic overlay strategies, and risk hedging. Develop tools and propose solutions for new mandates using a variety of investment instruments and methods of replication, analyzing implementation costs and expected tracking error to create proposals aligned with client investment objectives.

• Systems Development. Understand all investment processes surrounding passive, fund of fund, and ETF implementation. Collaborate with team members and related teams to develop and maintain reliable systems and control tools. Contribute to scaling the ETF business through operational and technological process improvements.

• Brand building & business growth. Support growth of the Global Beta, Outcomes, and Overlay Management capabilities by working with client and product teams on presentations for new products and strategies, and by strengthening CIBC Asset Management's brand for customized, client-focused solutions for asset owners and consultants.

Who you are

• You have a university degree, preferably in Commerce, Economics, or a quantitative field.

• You’re a certified professional. You hold current accreditation in the CFA or CIM designation. Completion of Options or Futures Licensing courses is a plus.

• You demonstrate 10 years of experience in institutional asset management or a related field. Experience with global fixed income within passive, Fund of Fund, or ETF mandates is advantageous.

• You’re digitally savvy. You seek innovative solutions, embrace evolving technologies, and are proficient in VBA, SQL, and MATLAB or Python. Attention to detail and critical thinking are essential.

• Values matter to you. You bring authenticity to your work and live our values of trust, teamwork, and accountability.

• You are fluent in French and English to support operations outside Quebec, Canada.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions and strive to create opportunities for your growth. We aim to give you a career, not just a paycheck.

• Recognition through competitive compensation, benefits, a pension plan, employee share purchase plan, and wellbeing support.

• Innovative spaces and tools to foster collaboration and create impactful solutions.

• A culture that encourages ambition, exemplified by initiatives like Purpose Day, a paid day off for personal growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to an inclusive environment. If you need accommodation, contact [e-mail].

• You must be legally eligible to work at the specified location(s) and have the necessary permits.

• We may ask you to complete assessments and skills tests, including coding and language proficiency, to learn more about your capabilities and to help you understand our organization better.

Job Location

Non-Trader-1000 Gauchetière O

Employment Type

Regular

Weekly Hours

37.5

Skills

Derivatives, ETFs, Fund of Funds, Portfolio Management, MATLAB, Python, SQL