Investment Associate

Nesto; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A prominent investment management firm in Toronto is seeking an Investment Associate. This role involves supporting portfolio managers in due diligence, fund reporting, and operational improvements. Ideal candidates have 3+ years in investment management, strong communication skills, and proficiency in data analysis. Join a dynamic team in a fast-paced environment with excellent benefits.

Benefits

Health and Wellness Spending Accounts

RRSP Matching Program

Paid vacation

Discounted gym memberships

Company social events

Maternity / Parental Leave Top Up Program

Qualifications

• 3+ years of experience in investment management or related industry.
• Proficiency in creating and working with large collections of data and financial models.
• Strong organizational skills with a high attention to detail.

Responsibilities

• Support the Portfolio Manager in conducting due diligence and analysis.
• Prepare and improve fund reporting and maintenance of offering documents.
• Coordinate materials with external parties for structured debt transactions.

Skills

Investment management experience

Excellent communication skills

Data analysis proficiency

Microsoft Office skills

Education

CFA Program enrollment

Tools

Excel

SharePoint

Job description

CMLS Asset Management, the investment management division of the nesto group, is seeking an Investment Associate to join our growing team in Toronto. In this role, the Investment Associate will be embedded within a portfolio management team active across multiple real estate debt investment strategies.

Private assets, particularly real estate and private debt have gained significant traction among investors as a provider of excess return, low volatility and diversification to well-balanced investment portfolios. Real estate debt as a convergence of these two sub-asset classes is increasingly becoming an attractive fixed income replacement for both institutional and retail investors. CMLS Asset Management is a market leader in real estate debt investment solutions, with assets under management of $1.5 billion across its flagship mortgage fund and sub-advisory activities on behalf of a leading Canadian mutual fund series.

About the Role:

• Directly supporting the Portfolio Manager in conducting due diligence and analysis of potential investments. Due diligence includes evaluation of underlying collateral and borrower credit.
• Analyzing fund flows to project fund liquidity and capacity for new investments
• Assisting with the preparation and improvement of fund reporting (monthly fund facts, quarterly reporting, ad hoc marketing material) and maintenance of offering documents
• Maintaining and improving company databases pertaining to historical returns, benchmark returns, market statistics, and fund comparables
• Preparing materials and coordinating with external parties (rating agencies, bond dealers, legal counsel, etc.) for structured debt transactions, undertaken to facilitate certain investment strategies executed by CMLS Asset Management; you will have the benefit of playing an integral role for one of only two active commercial mortgage-backed securities platforms in Canada
• Using technology to seek out operational improvements across the full investment lifecycle, from fundraising to deployment to portfolio management, including ESG integration
• Staying current with market information and commercial and single-family residential real estate market trends
• Performing other duties in keeping with the purpose and accountabilities of the job, such as preparing reports, assisting with compliance-related tasks and completing department projects as assigned

This role is for you if you have:

• 3+ years of experience in investment management or related industry; experience in private assets, private equity, private debt or real estate all looked upon favorably
• Completed or enrolled in the CFA Program (nice to have)
• Excellent communication skills, both written and verbal, and are able to work well independently as well as within a team environment
• Proficiency in creating and working with large collections of data and financial models
• Experience creating and delivering business presentations with strong technical writing skills
• A results-driven approach, possessing strong organizational skills with a high attention to detail
• A high degree of accountability and commitment at all times; you take ownership of your work
• Intermediate to advanced level skills using Microsoft Office (Excel, Word, PowerPoint, SharePoint)

Benefits and Perks:

• Health and Wellness Spending Accounts
• Health, Drug, Vision, and Dental benefits
• Paid vacation, sick days, and personal days (in addition to all civil and statutory holidays)
• RRSP Matching Program
• Maternity / Parental Leave Top Up Program
• Discounted gym memberships
• Travel assistance and EAP
• Business Casual dress code
• Company social events + sport teams
• And more!

Who are we?

CMLS Asset Management is a registered investment fund manager, portfolio manager, and exempt market dealer, with a 15-year track record in delivering stable returns to investor clients seeking exposure to real estate debt. The firm manages its flagship fund, the CMLS Mortgage Fund, and acts as subadvisor to institutional investor clients seeking to augment their traditional fixed income investments with real estate debt.

You will love working here

Employees tell us that they love that we strike the balance in creating an incredibly professional, yet dynamic and enjoyable corporate culture. We work in a fluid and fast-paced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and results-driven. Business is booming and that means that our employees are able to gain valuable exposure, have lots of learning opportunities, and truly impact the business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.