Director Managed Accounts Portfolio Services

Fidelity Canada; Toronto; Hybrid; CAD 120,000 - 160,000; Full time

Job summary

A financial services firm in Toronto is seeking a Director of Managed Accounts to oversee discrete investment strategies and lead a talented investment team. Ideal candidates have at least 7 years of relevant experience and hold a CFA or CIM. This role involves cross-functional collaboration to integrate tech-enabled solutions for portfolio management. A competitive compensation package with extensive benefits is offered.

Benefits

Competitive total compensation package

Health benefits with no employee premiums

Health and Fitness Reimbursement

Tuition reimbursement

Monetary awards for designations

Qualifications

• 7 years of relevant work experience.
• Advising Representative Ontario Securities Commission (OSC) is a must-have requirement.
• CFA or CIM is a minimum requirement.

Responsibilities

• Recruit and lead a high-performing investment team.
• Design and oversee the creation of discretionary investment strategies.
• Collaborate with technology and data teams on scalable solutions.

Skills

Leadership

Analytical thinking

Communication

Networking

Innovation

Time management

Education

Bachelor’s degree in business administration, finance, or economics

Tools

DataPhile

Harmony

Bloomberg

Job description

Job Description

Company Overview

At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best - both personally and professionally.

The Opportunity

We are building the future of discretionary wealth management in Canada. As Director of Managed Accounts, you will play a pivotal role in shaping and scaling Fidelity’s discretionary investment platform. You will recruit, inspire, and lead a high-performing team to design and deliver cutting-edge discretionary investment solutions that set new industry standards. The long-term objective is to position Fidelity’s discretionary investment platform as a core pillar of the firm’s long-term business success.

You will collaborate across business units and harness the full strength of Fidelity’s global research and investment capabilities. Your work will directly impact how we serve high-net-worth clients and advisors—today and for decades to come.

Success in this role requires working cross-functionally with product, technology, compliance, and distribution teams to create innovative, client-centric solutions. You will help transform portfolio management operations through scalable, AI-enabled, and data-driven technologies that enhance advisor productivity and client outcomes. The ideal candidate will bring exceptional business acumen, strong analytical and communication skills, and a passion for building scalable, data driven solutions that support the long-term growth of our wealth management business.

What You’ll Do

Develop and Lead Discretionary Investment Solutions

• Design and oversee the creation of innovative discretionary investment strategies tailored to the needs of mass-affluent and high-net-worth clients, leveraging Fidelity’s research and investment capabilities.
• Maintain capital markets research and ongoing analysis to provide effective leadership and portfolio based insights.

Drive Technology-Enabled Portfolio Management

• Collaborate with technology and data teams to implement scalable, data-driven tools that streamline portfolio construction, monitoring, and reporting.
• Develop a sustainable pipeline of major tech-enabled solutions within a specified timeline, with a clear long-term roadmap.

Collaborate Across Business Units to Align Strategy

• Work cross-functionally with product, distribution, compliance, and operations teams to ensure business requirements of discretionary offerings are understood in the broader context of Fidelity’s growth objectives.
• Successfully integrate of discretionary solutions into Fidelity’s Wealth and Private Wealth platform.

Champion Internal & External Thought Leadership

• Position Fidelity as a leader in discretionary wealth management through internal/external thought leadership, client education, and market engagement.
• Build relationships internally that champion market differentiating wealth management capabilities

Build and Manage a High-Performing Investment Team

• Recruit, develop, and lead a team of investment professionals to execute on the discretionary strategy and support emerging business lines.
• Align team performances with long-term business objective and project milestones.

What We’re Looking For

• 7 years of relevant work experience
• Bachelor’s degree with a concentration within business administration, finance, economics or another related field or equivalent work experience
• Significant exposure to portfolio management, trading, compliance and/or investment operations for an asset manager or related entity
• Analytical/programming experience
• Advising Representative Ontario Securities Commission (OSC) is a must have requirement
• CFA or CIM is a minimum requirement
• Previous experience in a similar investment operation and or portfolio services role is nice to have
• Experience as portfolio trader or similar investment operations and portfolio services role is an asset

What You Bring

• Proven strength in coaching/employee development
• Exceptional communication skills, analytical and technical knowledge; ability to articulate complex scenarios clearly and succinctly.
• Networking and collaborating: build and sustain meaningful relationships with key stakeholders in order to achieve the goals of the group
• Innovation: willing to take risks and challenge the conventional wisdom to build products, services and channels
• Drive for results: take accountability to deliver on the key priorities of the group; build a clear plan to ensure success
• Experience working with complex software applications in the financial services industry that support portfolio management, trading, and compliance e.g., DataPhile, Harmony, Bloomberg, etc.
• Excellent knowledge of product structures and investments covering multiple asset classes(equity, fixed income, alternative funds)
• Proactive and decisive leader with the ability to take a big-picture view and identify priorities to drive forward key initiatives
• Strategic thinking and ability to orchestrate use of business analytics for decision making
• Strong business acumen and ability to demonstrates big picture understanding of business, interrelationships, priorities
• Excellent time management skills and strong attention to detail

Fidelity Benefits and Perks!

• Competitive total compensation package
• Opportunity to participate in Fidelity profit-sharing program
• Company contributes into your RRSP, without a matching requirement from you
• Health benefits and coverage, with no requirement for employee paid premiums, including up to $5000 for therapy
• Health Care Spending Account
• TELUS Health Virtual Care app
• Health and Fitness Reimbursement
• Up to $650 for home office equipment
• Generous time off policy
• 2 paid days annually to volunteer
• Access to over 11,000 training and development courses
• Tuition reimbursement
• Monetary awards for completing a required designation
• Annual dues reimbursement for professional designations
• Pregnancy/Parental/Adoption Leave - Fidelity will top-up to 100% of your salary for a period of25 weeks

You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.

Current work authorization for Canada is required for all openings.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [e-mail] .

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

• Canada's Top 100 Employers
o Greater Toronto's Top Employers
o Canada's Top Family-Friendly Employers
o Canada's Top Employers for Young People

• Great Place To Work Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Today's Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams

• LinkedIn Top Companies in Canada

• Human Resource Director (HRD) - Best Place To Work
o HRD - 5-Star Benefit Program
o HRD - 5-Star Diversity & Inclusion Employer

Designations
• Canadian Compassionate Companies – Certified
• Benefits Canada's Workplace Benefits Award - Future of Work Strategy
• TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting
• Canadian HR Reporter's Most Innovative HR Team