Portfolio Analyst, Centralized Portfolio Advisory - Toronto, Canada - Scotiabank

Scotiabank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Requisition ID: 188010

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose of Job:

Assist in the management of investment portfolios by ensuring asset mix and total return meet client's short and long term income and investment growth goals through the use of central models containing approved securities and following the corporate investment asset mix strategy under the supervision of the Portfolio Manager or Associate Portfolio Manager.

Work closely with Portfolio Manager or Associate Portfolio in support of the on-boarding, monitoring and reporting of portfolios.

Please note:

This role is focused on servicing internal clients only, there will be no exposure to working directly with clients.

Major Accountabilities:

Provide centralized portfolio management services by:

Regularly monitoring portfolios to ensure they are in-line with the security and asset mix targets and recommend rebalancing where appropriate
Assisting with the development and execution of the various modeling strategies including but not limited to:
Model changes
Onboarding and realigning new accounts to the central models
Handling some special situations, i.e. illiquid positions or nondiscretionary components of their portfolios.
Cash management activities
Maintaining the central models on the portfolio accounting system and completing the various field communications and reporting.
Maintaining our supplemental client/portfolio database

Provide timely support for the Portfolio Manager or Associate Portfolio Manager by:

Preparing and customization of client portfolio reports and various management reporting
Identifying areas of risk and opportunities for process improvement.

Ensure a high level of client satisfaction, internally and externally by:

Proactively identifying and implementing strategies to address client needs
Preparing communications and various reports in support of investment decisions.
Ensure compliance with all regulatory requirements, firm policies and accuracy of trading activities

Contribute to the effective functioning of the Centralized Portfolio Management team by:

Assisting with various initiatives including technology projects and operational efficiency changes
Acting as resource for general inquiries from the other departments
Providing a high level of customer service
Maintaining a culture of open and honest communication
Participating and contributing to touch bases and team meetings
Encouraging the generation of new ideas and approaches
Actively share knowledge and experience to enhance the development of all team members

Education/Work Experience/Designations

A University Degree or College Diploma or equivalent
Strong investment management knowledge and experience as it relates to understanding economic and capital markets
Minimum 2 years direct industry experience
Strong relationship management skills
Strong interpersonal, communication & listening skills
Advanced knowledge of Excel, Portfolio Accounting systems and Bloomberg.
Enrollment in CFA program is an asset, or
CIM, or its predecessor CIF, or in process of attaining CIM accreditation

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas

Guided by our purpose:
"for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.