Senior Associate Portfolio Manager, Funding

Department Description:

The Public Markets group manages a portfolio of fixed income, equity and absolute return investments representing approximately $142 billion utilizing both index and active management strategies. The group invests in Canada, the U.S. and internationally in both the developed and emerging markets.  Assets are managed using both internal management and external managers.

The group uses a diverse mix of financial instruments including bonds, equities, and derivatives. In addition, the group is a leader in responsible investing, actively integrating environmental, social, and governance factors into our investment analysis and decision-making. 

Position Description:

The Senior Associate Portfolio Manager (SAPM) is actively involved in developing investor relations strategy and materials and supporting issuance execution. Within the context of the broader funding program, which includes collateralized borrowing, the SAPM contributes to meeting or exceeding funding cost and liquidity targets for BCI’s client liabilities while strictly adhering to risk parameters and investment policies.

Operating within BCI’s Public Markets department, the funding group works actively with teams across BCI (i.e. Strategic Asset Allocation, Client & Investor Relations, Finance and Investment Operations). The team uses a collaborative approach with all its work. Under the direction of the Managing Director (MD), Funding, the SAPM assists in managing BCI’s funding program, with an emphasis on supporting unsecured debt issuance.

Qualifications:

• Minimum of 10 years investment industry experience
• Excellent organization and communication skills, both written and verbal
• Flexibility to adapt and focus efforts where needed in a developing business segment
• Experience researching, preparing, and delivering investment presentations
• Effective negotiating and decision-making capability
• Experience with interest rate derivatives
• Advanced analytical and problem-solving abilities with strong attention to detail
• Ability to work and excel in a team environment
• Applied experience with Bloomberg and Excel

Preferred Experience (Not Required but Beneficial)

• Primary securities issuance and execution
• Legal documentation including offering memoranda
• Financial structuring or structured products
• Industry legislation and regulation
• ESG framework(s)

Primary Responsibilities:
 

• Under the supervision of the MD, the SAPM will support management of the funding portfolio. Specifically, the SAPM will support development of investor relations materials, participate in investor presentations, and contribute to deal execution and hedging.
• Identify, analyze, value, implement and take ownership of funding opportunities.
• Monitor funding exposure to ensure compliance with investment policies, fund management guidelines, and portfolio risk parameters.
• Build and maintain strong relationships with the investor and banking community.
• Provide research and trade ideas to help identify and capitalize on funding opportunities and assist with developing and implementing funding strategies.
• Contribute to general strategy discussions on financial markets.
• Maintain and enhance spreadsheet-based models and monitoring tools.
• Liaise with internal BCI partners to develop investor presentation materials, educate clients and ensure efficient deal settlements.

Why Join BCI

BCI combines the opportunity to work for a world class investment manager that has the scale and acumen to invest around the world, while living in beautiful Victoria, B.C.

BCI has been recognized as one of Canada’s Top 100 Employers – for the fourth consecutive year - and has built programs and benefits to support employees, including:

• Industry-competitive compensation packages
• Participation in our defined benefit pension plan
• 20 days of vacation per year
• World-class learning and development programs
• Extended health and dental coverage
• Various wellness benefits

This position is in Victoria, BC. If required, we offer relocation assistance to the selected candidate.

TO APPLY

We encourage timely submissions of applications as candidates will be actively reviewed as the interview process may advance earlier.

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful. We are performance and client focused and value integrity; if you share these values, we want to know you. We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at hr@bci.ca. We would like to hear from you!