Investment Analyst – Fixed Income and Alternative Assets
THE EMPIRE LIFE INS. CO•Toronto, ON
•Hybrid
About The Position
Empire Life is looking to hire an Investment Analyst to join our Fixed Income team! We are actively seeking candidates to fill a current, open position. The Investment Analyst - Fixed Income and Alternative Assets provides assistance to the Fixed Income Team in the active management of fixed income portfolios across various institutional and retail mandates. This role will be focused primarily on Canadian investment grade, government credit, and interest rates. The Fixed Income Team invests in a variety of asset classes including public bonds, private debt placements, commercial mortgages, preferred shares, money market instruments and external alternative funds. The incumbent is guided by defined goals and objectives and works under the supervision of a senior fixed income team member.
Requirements
- 1-3 years of experience in the analysis of fixed income instruments such as public bonds, private debt placements, and commercial mortgages as well as alternative funds, gained in commercial, corporate, or investment banking, a life insurance company, debt capital markets dealers, or an investment manager.
- Strong knowledge of credit principles and capital markets coupled with strong intellectual curiosity
- Ability to present complex concepts in a clear and precise manner
- Completion of a university degree with courses in finance, economics, mathematics, statistics, quantitative methods
- CFA or working toward designation
- Well-developed mathematical skills
- High proficiency in Excel including VBA, Word and PowerPoint, programming experience in Python is desirable
- Experience with Bloomberg is desirable
- Strong research and financial modelling skills
- Clear written and verbal communication skills
- Attention to detail/accuracy
- Ability to operate effectively under sometimes tight timelines and competing priorities
- Language proficiency in English is required for communicating with customers, advisors, or employees across Canada.
Nice To Haves
- programming experience in Python is desirable
- Experience with Bloomberg is desirable
Responsibilities
- Collect and analyze industry, company and economic information from a variety of sources including websites, institutional research, corporate reports, investor presentations, industry publications, and credit agency publications
- Analyze financial information relating to companies via annual reports, quarterly reports and investor presentations
- Assist in the asset selection process through analysis of individual investment opportunities and how they will contribute to the overall portfolio performance
- Assist in the preparation of investment recommendations and memos to be distributed internally
- Coordinate financial settlements with the Investment Administration team
- Assist in the management of fixed income assets including public bonds, preferred shares and money market instruments
- Monitor individual holdings’ compliance with loan covenants as well as their internal credit ratings through periodic reviews of Issuer financial performance and covenant compliance
- Assist in the construction and maintenance of screens using software such as Bloomberg to filter database of companies to identify potential investment ideas
- Organize all available information and data effectively in order to build and maintain spreadsheet models for both valuation and monitoring purposes
- Maintain statistics on the portfolio regarding exposures, company information and valuation parameters
- Assist in the preparation of reports on portfolio investment performance
- Actively participate in and contribute to Investment team strategic meetings.
- Other ad hoc duties as may arise
Benefits
- Competitive salaries with annual pay increases
- Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
- Competitive uncapped commission, for sales positions
- A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental and a generous health account
- Flexible work arrangements and an annual allotment of personal health days.
- Four weeks annual vacation from hire date
- A defined contribution pension plan with generous employer matching
- Top up programs for parental leave and compassionate leave
- Employer-sponsored wellness and recognition programs
- A cash employee referral program
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
