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

CIBC; Montreal; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking an Associate Portfolio Manager to join their Global Beta team. This role involves managing diverse investment portfolios, engaging in investment research, and enhancing operational systems. The ideal candidate will have a strong background in asset management, with expertise in derivatives and ETFs. This innovative firm values your strengths and ambitions, offering a collaborative environment where you can thrive. With a commitment to inclusivity and professional growth, this opportunity is perfect for those looking to make a meaningful impact in the finance sector.

Benefits

Competitive Compensation

Defined Benefit Pension Plan

Employee Share Purchase Plan

Vacation Offering

Wellbeing Support

Social Recognition Program

Qualifications

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

Responsibilities

• Assist with management of portfolios and derivatives instruments.
• Research to optimize replication techniques and risk hedging.

Skills

Derivatives

Exchange Traded Funds (ETFs)

Fund of Funds

Investment Portfolio Management

MATLAB

Python (Programming Language)

Structured Query Language (SQL)

Education

Undergraduate or Graduate Degree in Commerce, Economics, or Quantitative Field

Tools

MATLAB

Python

SQL

Job description

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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 possess 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 which oversees over $32 billion in Passive and Structured Product mandates across various assets 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 and their related initiatives.

At CIBC we enable the work environment most optimal for you to thrive in your role. 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 the management of portfolios (Mutual Funds, Institutional accounts, Fund of Funds, ETFs, etc.) according to Investment Policy Guidelines across multiple asset classes, using a variety of replication techniques including derivatives. Manage the process to roll derivatives instruments as well as implementing and monitoring overlays or hedging strategies in relevant accounts. Participate in the management of the 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 build indicators/processes to optimize/enhance replications technics, systematic overlays 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 a proposal that fits the client’s investment objectives.
• Systems Development. Understand all investment processes surrounding passive, fund of fund and ETF implementation and work with team members and related teams to develop and maintain sound and reliable systems and control tools. Contribute alongside team members in helping scale the ETF business through operational and technological process improvements.
• Brand building & business growth. Assist with growing interest in the Global Beta, Outcomes and Overlay Management Team capabilities by working with client and product teams in developing and assisting with presentations on new products, investment strategies, and building a strong CIBC Asset Management brand for customized, client-focused solutions for asset owners and consultants.
  
  

Who You Are

• You have a undergraduate or graduate university degree, preferably in Commerce, Economics or a quantitative field of study
• You’re a certified professional. You have current accreditation and good standing in either the Chartered Financial Analyst (CFA) or Chartered Investment Manager (CIM) designation. It’s an asset if you have completed your Options or Futures Licensing courses.
• You can demonstrate 10 years of experience in institutional asset management or a related field. It’s an asset if you have experience with global fixed income within passive, Fund of Fund or ETF mandates.
• You’re digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You possess proficiency in VBA, SQL, and MATLAB or Python. You know that details matter. You notice things that others don’t. Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.
• You're fluent in French and English to support business operations outside of Quebec, Canada.
  
  

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including competitive compensation, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
• Subject to plan and program terms and conditions
  
  

What You Need To Know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail]
• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
  
  

Job Location

Non-Trader-1000 Gauchetière O

Employment Type

Regular

Weekly Hours

37.5

Skills

Derivatives, Exchange Traded Funds (ETFs), Fund of Funds, Investment Portfolio Management, MATLAB, Python (Programming Language), Structured Query Language (SQL)

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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