Associate Portfolio Manager, Index ETFs, Global Asset Management

BMO•Toronto, ON

1d•Onsite

About The Position

The Associate Portfolio Manager will join an experienced and dynamic team that builds and manages exchange traded funds (ETF), mutual funds and institutional mandates. The role will focus on Index ETFs and will support both equity and fixed income portfolio management teams. This role's main focus will be Equity Index portfolios, but will have cross asset opportunities and will be responsible for analysis and management of indexed ETFs, mutual funds, and institutional strategies, across Canadian and international mandates. The portfolio manager will aid in the development of scalable processes to drive business growth. The portfolio manager’s responsibilities will include, but are not limited to, portfolio management, trading and execution, rebalancing, regular economic commentaries, corporate actions, idea generation and product engineering, and interacting with market participants/liquidity. In addition to portfolio management responsibilities, the successful candidate will also contribute to client focused commentary, performance and attribution analysis, as well as taking part in client presentations, to support the overall ETF product offering within BMO GAM.

Requirements

Typically between 4 - 5 years of direct investment experience, either buy or sell side (sales, trading, research, portfolio management, etc)
Established track record of providing strong investment performance and effective risk management.
Completion of relevant investments certification.
Completion (or working towards) CFA.
Experienced understanding of business line and a basic understanding of the overall firm.
Experienced understanding of specialized discipline.
Technical proficiency gained through education and/or business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.

Nice To Haves

Programming (Python) - Business Infrastructure

Responsibilities

Responsible for the day to day management of a defined set of Index ETFs - Equity
Ensure each ETF tracks their respective index within allocated tolerance.
Monitor corporate actions and decide on best course of action.
Build a trading strategy for any fund rebalances and portfolio transitions to minimize market impact and tracking
Support the team during monthly hedge roll adjustments
Aid in the analysis of performance and investment decisions to defend to senior investment committee.
Responsible to maintain and enhance the BMO ETFs investment infrastructure, for both fixed income and equity mandates.
Work with internal parties (Business infrastructure, data, technology, operations) to ensure that daily processes are effectively designed, built and operating
Work with portfolio management team to improve the scalability of the business by improving automation
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.
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 ETFs as opportunities arise.
Promote BMO ETFs both externally and internally.
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.