Assistant Portfolio Manager, Core Fixed Income

Posted 06 May 2024

Assistant Portfolio Manager, Core Fixed Income at Addenda Capital

Portfolio Management Full-time Guelph, Ontario

Experience: Mid-Level
Education Required: University degree;
CFA designation;
Salary Range: Not Specified

Close date: 04 July 2024

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Who we are

Addenda Capital is a privately-owned investment management firm that includes a sustainable approach to wealth creation. The company offers a stimulating, positive and open-minded environment where integrity, collaboration and diversity are valued. Addenda integrates ESG (Environmental, Social and Governance) factors into most of its investment and stewardship activities to enhance its clients’ long-term performance and to promote sustainable development for society.

Position Description

What is the Opportunity

Reporting to the Vice-President, Core Fixed Income, you will assist in developing and implementing the investment strategy for the Core fixed income team. You will be responsible for supporting Portfolio Managers in the day-to-day trading, portfolio construction and risk management across a variety of mandates. You will provide support and advice for the bond administration process, for the marketing and client service teams, and perform other corporate functions as required.

What you will do

  • Work within a team environment to develop the ongoing fixed income strategy for all Addenda Core Fixed Income investment clients;
  • Contribute to the management of all Core fixed income portfolios across a variety of Canadian fixed income securities;
  • Help ensure that the portfolio strategy and risk allocation are adhered to, across portfolios;
  • Participate in weekly tactical fixed income meetings, and quarterly forecast and strategy meetings;
  • Contribute to corporate credit research and participate in corporate strategy;
  • Execute trades on fixed income securities;
  • Contribute to reporting requirements for specific clients and help as needed for reporting;
  • Provide direction and support to the Operational team on securities information and trade issues as required for the bond portfolio;
  • Represent Addenda’s Core Fixed Income team appropriately in various functions when liaising with clients and the investment community (e.g. CFA Institute, Investment Dealers).

Required Skill / Experience

What you will need to succeed

Experience and Knowledge

  • University degree;
  • CFA designation;
  • 3 to 7 years of experience in fixed income trading, risk management and/or portfolio construction;
  • Knowledge of financial information systems and sources such as Bloomberg and Excel.
  • Technical proficiency in VBA, SQL, Python is an asset;

Skills and Abilities

  • Disciplined, analytical approach, oriented towards problem solving;
  • Ability to quickly analyze and interpret a high volume of information;
  • Ability to organize, prioritize and accomplish different tasks;
  • Capacity to excel in a collaborative, team-oriented work environment;
  • A demonstrated high degree of initiative, leadership and resourcefulness;
  • Strong oral and written communication skills;
  • Knowledge of French is an asset.

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