Director, Portfolio Management – Corporate Credit

Industrial Alliance Insurance and Financial Services Inc; Montreal; Hybrid; CAD 140,000 - 180,000; Full time

Benefits offered by this job

Competitive benefits

Stock purchase plan

Pension plan

Vacation and wellness/personal dev."

Telemedicine

Employee and family assistance program

Ergonomic furniture program

Performance bonus

Discounts on iA products

Job summary

iAGMA, a subsidiary of iA Financial Group, seeks a Director, Portfolio Management – Corporate Credit to lead and execute investment strategies for portfolios totaling $8 billion in assets under management.

You will work with the Head of Fixed Income, manage risk metrics, generate alpha, and mentor a team of analysts while engaging with external partners and clients across Canada.

Qualifications

• Bachelor’s degree in Finance, Economics, Actuarial Science, Mathematics, Computer Science or related field; Master’s degree asset.
• Professional designation (CFA or CIM) required for regulatory purposes.
• Demonstrated initiative, autonomy, and strong time management.

Responsibilities

• Assist VP, Portfolio Manager, Corporate Bonds, in managing fund mandates.
• Generate alpha through relative value analysis within fixed income portfolios.
• Analyze complex investment opportunities from external partners.
• Monitor and manage portfolio risk metrics and constraints.
• Develop models and tools to support investment decision-making.
• Prepare quarterly portfolio reviews and performance updates for clients.

Skills

Fixed income portfolio management

Corporate credit

Communication skills

Analytical thinking

Python

Data analytics

Bilingual French/English

Education

Bachelor’s degree in Finance/Economics/Actuarial/Math/CS

Master’s degree in finance-related discipline

Tools

SQL / Data warehouses

CFA or CIM

Job description

Build the future with us

Director, Portfolio Management – Corporate Credit

At iAGMA, a subsidiary of iA Financial Group, you will have the opportunity to advance your career in a collaborative, performance-driven environment. Our passionate teams work every day to position iAGMA among the most competitive portfolio managers in the market.

Reporting directly to the Head of Fixed Income, the Corporate Credit Portfolio Manager plays a key role in developing and executing iAGMA’s investment strategy, in accordance with established investment policies and performance objectives.

You will serve as a subject matter expert within the Corporate Bond team and work closely with the Government Bond team to support the management and implementation of investment strategies for portfolios totaling $8 billion in assets under management.

What You Will Accomplish With Us

As Director, Portfolio Management – Corporate Credit, you will be at the heart of our mission.

Your key responsibilities will include:

• Assist the Vice President, Portfolio Manager, Corporate Bonds, in managing investment fund mandates
• Generate alpha through relative value (RV) analysis within fixed income portfolios
• Analyze complex investment opportunities sourced from external partners
• Monitor, analyze, and manage various portfolio risk metrics and investment constraints
• Synthesize data from multiple sources to support portfolio reviews and develop macroeconomic and interest rate base-case scenarios
• Manage investment fund cash flows
• Identify and manage key portfolio performance drivers
• Develop models and tools to support and enhance investment decision-making
• Perform scenario analyses and portfolio stress testing
• Review and update investment policies for various clients
• Stay informed of regulatory developments impacting investment activities
• Prepare quarterly portfolio reviews and performance updates for internal and external clients
• Present the Fixed Income team’s market outlook at committees and cross-functional meetings
• Engage with external vendors providing analytics, reporting, and related services while building strong and productive partnerships
• Develop, coach, and mentor team analysts
• Continuously optimize, monitor, document, and improve portfolio management processes

What could accelerate your success in this role

We’re looking for someone who:

• Has a minimum of 7 years of progressive experience in fixed income portfolio management, specifically in corporate credit within a financial institution
• Holds a Bachelor’s degree in Finance, Economics, Actuarial Science, Mathematics, Computer Science, or a related field; a Master’s degree in a finance-related discipline is considered an asset
• Holds a professional designation (CFA or CIM), as required for regulatory purposes
• Is recognized for their initiative, autonomy, and strong time management and organizational skills
• Has excellent communication and interpersonal skills, with the ability to collaborate across teams and build strong external relationships
• Demonstrates a proven ability to create, write, and present clear and compelling investment and strategic materials
• Possesses strong analytical and problem-solving skills, with exceptional attention to detail
• Has experience with Python, data warehouses, analytics, and reporting tools (a significant asset)
• Is fluent in French and has an advanced level of English, as the role involves daily communication with internal and external clients across Canada

Why you’ll love working with us

• A work environment where learning and development merge with a collective pursuit of excellence;
• A healthy, safe, fair, and inclusive environment where potential can be freely expressed and developed;
• The opportunity to work in a hybrid environment, supported by flexibility and access to inspiring and innovative workspaces;
• Competitive benefits: Flexible group insurance, competitive pension plan, stock purchase plan, vacation and wellness/personal development days, telemedicine, employee and family assistance program, ergonomic furniture program, performance bonus, discounts on iA products, and much more!