Senior Manager, Investment Oversight

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Senior Manager, Investment Oversight, responsible for providing strategic and tactical direction for investment oversight across products and portfolio advisors. The successful candidate will manage sub-advisor relationships, conduct performance analyses, and deliver investment insights. Required qualifications include a Bachelor’s in an analytical discipline and CFA certification, along with 5 years of relevant experience. Strong analytical and communication skills are essential for this role.

Qualifications

• 5 years of experience in a similar field.
• Ability to manage competing priorities.
• Effective written and verbal communication skills.

Responsibilities

• Provide strategic direction for investment products oversight.
• Manage all sub-advisor relationships and contract negotiations.
• Deliver detailed investment analyses and performance reporting.

Skills

Investment analysis presentation

Analytical skills

Proficiency in Microsoft Office

Due diligence

Client relationship management

Education

Bachelor’s degree in Mathematics, Commerce, Finance or Economics

CFA certification

CIPM/FRM certification

Tools

Power BI

Job description

Senior Manager, Investment Oversight

Requisition ID: 257211

Location: Canada, Ontario, Toronto

Key Responsibilities

Provide strategic and tactical direction for the oversight of all investment products offered through 1832 Asset Management and its portfolio advisors, with direct accountability to senior management, Investment Committee and the Independent Review Committee including:

• Overseeing the management of investment mandates and investment advisory agreements for all products and their portfolio advisors
• Ongoing portfolio advisor due diligence regarding hiring/on-boarding and terminations/off-boarding
• Providing expertise in recommending competitive positioning among industry peers of all investment products (internal and third-party)
• Providing investment oversight for International Asset Management for their international/offshore mutual funds, including performance monitoring, portfolio advisor due diligence and reporting as needed
• Providing support for the asset allocation team, sales, marketing, and product managers on the various Investment Programs

Lead ongoing development and delivery of detailed investment analyses and insight, as well as accurate and timely performance reporting, for both internal and external audiences, and collaborate with product, marketing and communications teams to provide key insights from oversight activities including:

• Conducting regular performance and analysis from both a compliance-to-mandate and product integrity perspective, resulting in reporting for regulatory bodies, Boards, IRC, Investment Committee and select client facing needs
• Quarterly Performance Analyses

Manage all sub advisor relationships including contract negotiation, service level commitments, fee discrepancy resolutions, and reporting needs Lead and drive a customer focused culture throughout the team to deepen client relationships and leverage broader Bank relationships, systems and knowledge

Desired Skills and Qualifications

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• Bachelor’s degree in an analytical discipline such as Mathematics, Commerce, Finance or Economics is an asset
• 5 years of experience in the same or similar field
• Completion of the CFA is required
• CIPM/FRM is considered an asset
• Previous experience within the Mutual Fund industry and oversight in particular
• Proficiency in Microsoft Office including Power BI
• The ability to manage competing priorities and tight deadlines with minimal leadership oversight
• Experience presenting investment analysis to committees
• Effective communication skills both written and verbal
• Strong analytical skills