Portfolio Manager, Fixed Income

Definity Financial; Toronto; On-site; CAD 115,000 - 214,000; Full time

Job summary

A leading financial company in Toronto is seeking a Portfolio Manager to oversee credit analysis and manage corporate bond exposures. The role involves developing trading strategies, collaborating with teams, and presenting to leadership. Candidates should have extensive experience in portfolio management and strong analytical skills. The company values diversity and offers a hybrid work environment.

Benefits

Company Share Ownership Program

Pension and Savings Programs

Paid Volunteer Days

Tuition Assistance

Wellness Programs

Discounts on Products and Services

Qualifications

• 10+ years' experience in credit related fixed-income portfolio management.
• Strong credit analysis and financial modeling skills.

Responsibilities

• Develop credit strategy within fixed income portfolios.
• Conduct individual credit and sector exposure analysis.
• Collaborate on bond trading strategies.

Skills

Communication

Leadership

Independent Thinking

Organizational Skills

Education

Business Degree

Economics Degree

Math Degree

CFA Designation

Tools

Bloomberg

S&P Capital IQ

Job description

Reporting to the Vice President, Investments, the Portfolio Manager will be actively involved in portfolio strategy with a primary focus on credit analysis and the active management of our corporate bond exposures with trading assets totaling $4.0B.

Job Responsibilities

• Point person regarding the development of credit strategy within our fixed income portfolios, incorporating economic and business cycle analysis for tactical and strategic trading opportunities.
• Portfolio maintenance and implementation of trading strategies.
• Individual credit and sector exposure analysis and recommendation of trading strategies as opportunities arise.
• Key contributor to our private debt investment program.
• Corporate debt and associated derivatives trading.
• Collaborate with the team to assist in the development and execution of bond trading strategies.
• Present strategies and new investment opportunities to the 'Executive Leadership Team' as required.
• Develop and maintain strong working relationships with the investment dealer community.

Experience & Education

• 10+ years' experience in credit related fixed-income portfolio management.
• Business, Economics or Math related degree.
• CFA Designation
• Strong credit analysis and financial modeling skills.
• Proficiency in financial information systems such as Bloomberg / S&P Capital IQ.

Skills and Abilities

• Confidence expressing investment opinions, with excellent written and oral communication skills.
• Independent thinking without merely collating the ideas of others
• Fundamental understanding of corporate debt markets and familiarity with derivative instruments to support trading strategies.
• Strong aptitude to work collaboratively within a team, displaying leadership and maintaining strong working relationships with peers.
• Ability to organize, prioritize and accomplish multiple tasks.
• Ability to work in our downtown Toronto offices most days in a stressful and fast paced environment.

Salary range : $115,200 - $213,800

About Us

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

What's in it for you?

• Company share ownership program
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market. In addition to base pay, eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.

Go ahead and expect a lot - you deserve it.

It's better here - but don't take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [emailprotected] .

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

LI-Hybrid

IND1

About the Team

Definity is the parent company to some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada's leading and most innovative property and casualty insurers. We can't do that without our people, so we embrace and encourage a culture that's collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It's better here.

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