Portfolio Manager, Total Portfolio Management

LE001 Investment Management Corporation of Ontario; Toronto; Hybrid; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Investment Management Corporation of Ontario (IMCO) is seeking a Senior Portfolio Manager to oversight asset mix changes across client portfolios and lead a small team. The role collaborates with front-office, Investment Finance, Operations, and Risk to ensure accurate transactions and governance across IMCO pools and segregated accounts.

A strong background in portfolio management and derivatives overlays is essential.

Qualifications

• Post-secondary degree in finance, economics, business, mathematics or related field.
• Progressive experience in institutional portfolio management and asset allocation.
• Experience with multi-asset portfolios, rebalancing, and coordinating pooled/segregated structures.

Responsibilities

• Oversee asset mix changes and monitor client portfolios.
• Lead a 2-person team and collaborate with front-office, Investment Finance, Operations and Risk.
• Support onboarding of new clients and liquidity planning.

Skills

Portfolio management

Asset allocation

Team leadership

Attention to detail

Communication skills

Education

Post-secondary degree in finance/economics/business/mathematics

CFA designation (asset)

Job description

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm. This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise. If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you.

Job Purpose

This role is responsible for overseeing asset mix management across client portfolios, including the implementation of asset mix changes, portfolio monitoring, liquidity planning and support for new client onboarding. The role leads a small team and works closely with front-office, Investment Finance, Operations, Risk and other partners to support the effective execution and recording of transactions across IMCO pools and segregated accounts. The role also helps evolve asset mix management practices in response to new investment requirements, rules and operating processes. As a Member of Our Team, You Will:

• Oversee asset mix changes and review transactions to achieve asset mix changes
• Oversee asset mix management elements of new client onboarding
• Manage several derivatives overlay portfolios, used occasionally for asset mix management
• Manage 2 person team
• Forester open and cohesive communication with front and back-office teams involved in executing and recording transactions between IMCO pools and between IMCO pools and segregated accounts
• Monitor client asset mixes against limits and constraints
• Plan for total portfolio liquidity needs of client portfolios
• Support analysts in their career development
• Lead efforts to adapt asset mix management process for new rules, processes or invest
• Skills Expertise in portfolio management concepts
• Solid understanding different investment structures, e.g. pools, segregated accounts, overlays etc.
• Effective communication skills
• Ability to engender trust and be recognized as an authority in the context of the role
• Solid understanding of exchange traded and OTC derivatives

What do you need to succeed?

• Post-secondary degree in finance, economics, business, mathematics or a related discipline; a relevant graduate degree or professional designation, such as the CFA designation, is an asset.
• Progressive experience in institutional portfolio management, asset allocation, portfolio implementation, investment operations or a closely related field.
• Experience monitoring multi-asset portfolios, implementing rebalancing decisions and coordinating transactions across pooled and segregated investment structures.
• Demonstrated experience leading, coaching and developing investment professionals.
• Strong judgement, attention to detail and the ability to manage multiple priorities in a collaborative, control-focused environment.
• Candidates being considered for this position will be required to undergo background screening.

We thank all applicants for their interest. Only those selected for an interview will be contacted.

Our hybrid work model prioritizes an office-first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in-office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing.

IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs. Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team. Candidates being considered for this position will be required to undergo background screening.

The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $90.7 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public‑sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.