Portfolio Analyst

Scotiabank; Toronto; On-site; CAD 55,000 - 75,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Portfolio Assistant to support the management of investment portfolios, focusing on asset mix and return goals. This role emphasizes internal client service and data entry. Candidates should possess strong investment knowledge, at least 2 years of experience, and advanced skills in Excel and portfolio systems. Join us and contribute to a diverse and inclusive work environment.

Benefits

Inclusive work environment

Career development opportunities

Qualifications

• Minimum 2 years direct industry experience.
• Strong communication and listening skills.
• Ability to manage internal client satisfaction.

Responsibilities

• Monitor portfolios for alignment with targets.
• Assist in developing modeling strategies and onboarding.
• Prepare client portfolio reports.

Skills

Strong investment management knowledge

Strong relationship management skills

Strong interpersonal skills

Advanced Excel knowledge

Understanding of economic and capital markets

Education

University degree or college diploma

CFA enrollment or CIM accreditation

Tools

Portfolio accounting systems

Bloomberg

Job description

Purpose

Assist in the management of investment portfolios by ensuring asset mix and total return meet client’s term income and investment growth goals through the use of central models containing approved securities and following the corporate investment asset mix strategy under the supervision of the Portfolio Manager or Associate Portfolio Manager.

Work closely with Portfolio Manager or Associate Portfolio in support of the on‑boarding, monitoring and reporting of portfolios. This role is focused on servicing internal clients only; there will be no exposure to working directly with external clients. This role will require a significant amount of data entry.

Accountabilities

• Regularly monitoring portfolios to ensure they are in‑line with the security and asset mix targets and rebalancing where appropriate.
• Assisting with the development and execution of various modeling strategies including model changes, onboarding and realigning new accounts to the central models, handling special situations such as illiquid positions or non‑discretionary components of their portfolios.
• Cash management activities.
• Maintaining the central models on the portfolio accounting system and completing field communications and reporting.
• Maintaining the supplemental client/portfolio database.
• Preparing and customizing client portfolio reports and various management reporting.
• Identifying areas of risk and opportunities for process improvement.
• Ensuring a high level of client satisfaction internally and externally by proactively identifying and implementing strategies to address client needs, preparing communications and various reports in support of investment decisions, and ensuring compliance with all regulatory requirements, firm policies and accuracy of trading activities.
• Assisting with various initiatives including technology projects and operational efficiency changes, acting as a resource for general inquiries from other departments, providing a high level of customer service, maintaining a culture of open and honest communication, participating in touch‑bases and team meetings, encouraging new ideas and approaches, and actively sharing knowledge and experience to enhance the development of all team members.

Education / Experience / Other Information

• A university degree or college diploma or equivalent.
• Strong investment management knowledge and experience related to understanding economic and capital markets.
• Minimum 2 years direct industry experience.
• Strong relationship management skills.
• Strong interpersonal, communication and listening skills.
• Advanced knowledge of Excel, portfolio accounting systems and Bloomberg.
• Enrollment in CFA program is an asset, or CIM, or its predecessor CIF, or in process of attaining CIM accreditation.

Location

Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone.

If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.