Cibc- Assistant Portfolio Manager, Global Beta - Montréal, Canada - CIBC

CIBC

Verified Company

Montréal, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work.

Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

Job Description:

What you'll be doing

CIBC Asset Management, is one of Canada's largest asset management firms with approximately $191 billion in assets under management. We are leaders in providing a broad range of high-quality global investment management solutions to retail and institutional clients.

As a member of the Global Beta, Outcomes and Overlay Management team, you'll work in an innovative, detail oriented team which oversees over $18 billion in Passive and Structured Product mandates across various assets classes (Equities, Fixed Income, Commodities, etc.), including derivative products.

As an Assistant Portfolio Manager, Global Beta you will contribute to the management and oversight of various passive mandates, Fund of Funds and ETFs and their related initiatives.

At CIBC we enable the work environment most optimal for you to thrive in your role.

Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

Portfolio Management- Assist with the management of portfolios (Mutual Funds, Institutional accounts, Fund of Funds, ETFs, etc.) according to Investment Policy Guidelines across multiple asset classes, using a variety of replication techniques including derivatives- Manage the process to roll derivatives instruments as well as implementing and monitoring overlays or hedging strategies in relevant accounts.- Participate in the management of the relations with counterparties, monitor and report on market conditions and executions, resolve settlement issues etc.

for passive portfolios, Fund of Funds and ETFs

Investment Research- Research and build indicators/processes to optimize/enhance replications technics, systematic overlays strategies and risk hedging- Develop tools and propose solutions for new mandates using a variety of investment instruments and methods of replication, analyzing implementation costs and expected tracking error to create a proposal that fits the client's investment objectives.

Systems Development- Understand all investment processes surrounding passive, fund of fund and ETF implementation and work with team members and related teams to develop and maintain sound and reliable systems and control tools

Brand building & business growth- Assist with growing interest in the Global Beta, Outcomes and Overlay Management Team capabilities by working with client and product teams in developing and assisting with presentations on new products, investment strategies, and building a strong CIBC Asset Management brand for customized, client-focused solutions for asset owners and consultants.

Who you are- You have a undergraduate or graduate university degree, preferably in Commerce, Economics or a quantitative field of study- You're a certified professional.

You have current accreditation and good standing in either the Chartered Financial Analyst (CFA) or Chartered Investment Manager (CIM) designation.

It's an asset if you have completed your Options or Futures Licensing courses.- You can demonstrate 10 years of experience in institutional asset management or a related field.

It's an asset if you have experience with global fixed income within passive, Fund of Fund or ETF mandates.- You're digitally savvy.

You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. You possess proficiency in VBA, SQL, and MATLAB or Python.- You're motivated by collective success. You know that teamwork can transform a good idea into a great one.

You know that an inclusive team that enjoys working together can bring a vision to life.- You know that details matter.

You notice things that others don't. Your critical thinking skills help to inform your decision making.- You're passionate about people. You find meaning in relationships and surround yourself with a diverse network of partners. You connect with others through respect and authenticity.- You're fluent in French and English to support business operations outside of Quebec, Canada

What CIBC offers

At CIBC, your goals are a priority.

We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

We aspire to give you a career, rather than just a paycheck.- We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a health benefits program, defined benefit pension plan, an employee share purchase plan and MomentMakers, our social, points-based