Portfolio Construction Manager

Fidelity Canada; Eastern Ontario; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

Join a forward-thinking firm as a Portfolio Construction Manager, where you will play a pivotal role in shaping investment strategies and model portfolios. This hybrid position offers a unique opportunity to leverage your extensive investment knowledge and analytical skills to drive portfolio construction excellence. Collaborate with a diverse team of professionals dedicated to delivering exceptional client outcomes while enjoying a supportive and inclusive work environment. With a commitment to innovation and growth, this role promises to be both rewarding and impactful as you help clients navigate their financial futures. Take the next step in your career with this exciting opportunity!

Benefits

Competitive total compensation package

Profit-sharing program

Health benefits with no employee premiums

Health Care Spending Account

Home office equipment reimbursement

Generous time off policy

Tuition reimbursement

Annual dues reimbursement for professional designations

Pregnancy/Parental/Adoption Leave top-up

Access to training and development courses

Qualifications

• 7+ years of investment market expertise required.
• Experience in building and maintaining model portfolios.

Responsibilities

• Create model portfolios and contribute to investment strategies.
• Conduct third-party manager research and provide insights.

Skills

Analytical Skills

Communication Skills

Investment Knowledge

Data Analysis

Education

University Degree

CFA/MBA/CAIA

Tools

Investment Tools

Job description

Job Description

This is a hybrid role with a mix of remote and in-office working.

Current work authorization for Canada is required for all openings.

Who We Are

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.

What We Do

The Portfolio Construction Manager will be responsible for creating model portfolios for Fidelity’s prospects and clients in partnership with Fidelity’s Portfolio Strategists. The role will support all sales regions and its DVPs, BDMs, and BDAs to provide portfolio construction expertise regarding Fidelity’s product offerings, third party products, industry trends, and competitor intelligence. The Portfolio Construction Manager will be involved in all aspects of development and ongoing support of Fidelity Portfolio Solutions.

How You’ll Make an Impact

- Contribute to asset allocation discussions and investment model portfolio strategy, oversight and execution

1. Utilize investment tools and market research to make actionable recommendations, including a detailed analysis of risk, return and diversification aspects of a model portfolio and/or an advisor’s book of business.

2. Partner with Portfolio Strategists, their clients, and prospects to contribute to the building of investment models.

3. Conduct third party manager research to develop a strong bench of investment options, using both quantitative and qualitative analysis.

4. Monitor products used within model portfolios for notable changes and communicate impacts.

5. Develop relationships with Fidelity’s Portfolio Strategists, and occasionally their prospects and clients.

- Establish Fidelity Canada as an industry leader in portfolio construction

1. Build, maintain, and communicate expert level knowledge on portfolio construction concepts.

2. Identify opportunities to develop and execute portfolio construction strategies that will maximize market penetration and increase customer loyalty.

3. Partner with Portfolio Strategists to educate and promote Fidelity’s portfolio construction philosophy, process, performance, and competitive strengths.

4. Assist in providing thought leadership and insights regarding the marketplace.

- Support Sales, Marketing & Corporate Affairs with timely & relevant information

1. Provide expert insights into the development of external investment communication material ensuring portfolio construction information is correct, compelling, and understood relative to competitor service offerings.

2. Assist in the development and analysis of thought leadership pieces.

3. Support portfolio construction education for those with varying degrees of investment knowledge.

4. Provide insight and counsel for investment solution improvement and product development initiatives.

5. Provide support for Portfolio Strategists on ad hoc portfolio construction queries.

What We’re Looking For

1. Completion of a University degree or equivalent work experience.

2. 7+ years of investment market expertise.

3. Completion of CFA/MBA/CAIA is an asset.

4. Canadian Asset management or wealth management industry knowledge.

5. 3+ years of building and maintaining model portfolios, or maintaining a recommended list of 3rd party investment managers, with expert level knowledge on portfolio construction concepts.

What You Will Bring

1. Exceptional analytical ability.

2. Strong knowledge of investment products and services.

3. Excellent written and verbal communication skills.

4. Ability to successfully articulate detailed mechanics of portfolio construction, investment philosophy, and process.

5. Proven experience performing complex data analysis.

Fidelity Benefits and Perks!

1. 100% remote and hybrid work arrangements.

2. Competitive total compensation package.

3. Opportunity to participate in Fidelity profit-sharing program.

4. Company contributes into your RRSP, without a matching requirement from you.

5. Health benefits and coverage, with no requirement for employee paid premiums, including up to $5000 for therapy.

6. Health Care Spending Account.

7. TELUS Health Virtual Care app.

8. Health and Fitness Reimbursement.

9. Up to $650 for home office equipment.

10. Generous time off policy.

11. 2 paid days annually to volunteer.

12. Access to over 11,000 training and development courses.

13. Tuition reimbursement.

14. Monetary awards for completing a required designation.

15. Annual dues reimbursement for professional designations.

16. Pregnancy/Parental/Adoption Leave - Fidelity will top-up to 100% of your salary for a period of 25 weeks.

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.