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    Portfolio Manager, Non-Linear Solutions - Toronto, Canada - BMO

    BMO
    BMO background
    Full time
    Description
    Application Deadline:

    05/20/2024

    Address:
    100 King Street West

    Job Family Group:

    Customer Solutions

    The Portfolio Manager, Non-Linear Solutions will join an experienced and dynamic team that builds and manages exchange traded funds (ETF), alternative mutual funds, mutual funds and institutional mandates, along with managing one of the largest option overlay strategies in Canada. The role will focus on managing non-linear cross asset strategies. The portfolio manager's responsibilities will include, but are not limited to, portfolio management of equity and derivative based ETFs and both traditional and alternative mutual funds. The successful candidate should have previous portfolio management experience in equity, credit, interest rate and commodity derivatives. In addition to portfolio management responsibilities, the successful candidate will also contribute to support the overall growth of the non-linear and structured solutions offering within BMO GAM.

    Key Accountabilities:

    Investment Management
    • Responsible for the day to day management of active and rule-based derivative focused strategies
    • Manages, evaluates and monitors performance of the designated portfolio in alignment with investment objectives and client parameters based on the designated portfolio management discipline (e.g., equity, fixed income, quantitative, etc.).
    • Demonstrates strong emphasis in risk monitor and risk management within the context of portfolio management
    • Develops investment strategies to meet objectives and constructs and maintains portfolio within client investment guidelines, achieving appropriate diversification.
    • Assists in the construction of models in order to ensure the necessary investment characteristics are within client needs and investment mandates.
    • Executes various portfolio management requirements including, but not limited to: trading and execution, regular economic commentaries, corporate actions, rebalancing, asset allocation, risk management, idea generation and product engineering, and interacting with market participants.
    • Build a trading strategy for any fund rebalances and portfolio transitions to minimize market impact and tracking
    • Aid in communicating each investment strategy to sales team and clients
    • Aid in the analysis of performance and investment decisions to defend to senior investment committee
    • Support broader equity ETF portfolio management team by backing up on other index-based or institutional mandates as needed
    • Continuously improving the operational efficiencies of the PM/Trading process
    Trading - Derivatives
    • Facilitate equity options, futures, OTC derivatives trading across multiple geographic regions and asset classes
    • Work with other portfolio managers and traders to coordinate and execute derivative trades
    • Maintain contacts and knowledge of the equity option and other derivative marketplaces
    Sales Support
    • Function as subject matter expert to support sales initiatives to drive asset growth
    • Foster a highly integrated and collaborative partnership with the sales team to deliver exceptional client service, through delivery of timely and insightful commentary, support and market analysis
    • Support products through education and sales
    • Participate in client focused road shows, presentations and meetings
    • Support the construction of PR and media messaging as the subject matter expert for non-linear and liquid alternative strategies as opportunities arise
    Investment Research Commentary
    • Maintain a high level of knowledge of Derivative markets
    • Provide investment analysis to the portfolio management and sales teams
    • Provide investment analysis on new product launches and existing products
    • Support the development of liquid alternative and non-linear strategies
    • Broader work or accountabilities may be assigned as needed.
    Risk Management & Compliance
    • Maintain the highest fiduciary duty when representing and acting in our clients' interests
    • Continuously pursue and identify potential risk within our business and processes
    • Eliminate, where possible, manual processes
    • Automate and build systems that reduce operational risk
    • Ensure controls are in place and are being followed
    • Join a culture that continuously looks to mitigate operational risk
    Qualifications:
    • University graduate in Commerce, Business, Engineering, Mathematics or Economics and may have a post graduate degree
    • CFA Charterholder
    • A minimum 10 years of investment industry experience, with at least 5-10 years of direct investment experience
    • Equity derivatives experience is an asset, including options licensing
    • Experience in macroeconomic research and a familiarity with writing regular commentaries and strategy reports
    • Excellent working knowledge of global financial markets, investment management, products and marketing
    • Proven track record of active equity, cross-asset derivatives and deep knowledge of these markets
    • Possess exceptional interpersonal, verbal, written and presentations skills
    • Possess strong quantitative and technology skills
    • Collaboration & team skills - in-depth
    • Analytical and problem solving skills - In-depth
    • Influence skills - In-depth
    Compensation and Benefits:

    $95, $176,400.00

    Pay Type:

    Salaried

    The above represents BMO Financial Group's pay range and type.

    Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

    BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:

    We're here to help

    At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

    As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

    To find out more visit us at .

    BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

    Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.


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