Senior Analyst/Associate
About The Position
The successful candidate will be responsible for supporting the Financial Institutions Team’s most senior analysts in the administration of their fixed income portfolios and reinsurance counterparties. Specific responsibilities will include writing annual reviews of portfolio investments, preparing sector reviews, updating financial results, reviewing company publications and third-party research, meeting with management teams, rating agencies and sell-side professionals. The successful candidate must demonstrate an ability to perform the following functions or the capacity to attain proficiency in them after entering the position. Occasional travel may be required. Position Responsibilities: Investment & Reinsurance Counterparty Administration Identify and analyze company-specific and industry-wide investment risks. Develop a framework for developing credit ratings and rating tolerances. Translate investment risks into a credit rating. Become familiar with deal-specific and industry-standard documentation. Attend management presentations and actively participate in discussions on company strategy and performance where appropriate. Interface and build relationships with sell-side and third-party research analysts. Prepare comprehensive written reviews of individual investments which include annual reviews and sector reviews. Communicate changes in investment risk across the investment team and broader investment management complex on a timely basis. Support the company's reinsurance coverage program by reviewing new counterparty applications and preparing assessment reports for existing counterparties, including addendums, certifications, annual and sector reviews, and quarterly loan reviews. Serve as a key reinsurance liaison among business units, offshore teams, Credit Risk Management, and other relevant stakeholders to facilitate effective communication and coordination. New Investment Opportunities Contribute to efforts in researching markets, companies and industries for identifying new investment opportunities. Contribute to and participate in a due diligence process that includes meeting with issuer management and the development of documentation. Contribute to the preparation of investment memoranda in support of investment recommendations. Interface with Credit, Trading and Portfolio Management for your portfolio companies, and serve as a backup analyst in the absence of the primary analyst. Corporate Outreach Attend and represent MFC/JH at conferences, roadshows and management meetings. Contribute to junior analysts and intern recruitment efforts. The role being advertised is an existing vacancy. About Manulife and John Hancock Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html. Manulife is an Equal Opportunity Employer At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].
Requirements
- 1-3 years of relevant experience, preferably with Financial Institutions experience in the banking and insurance sectors.
- A bachelor’s degree in finance, business, accounting, or economics.
- Well-developed quantitative and qualitative analytical skills.
- Strong accounting and financial statement analysis skills.
- Highly developed written and verbal presentation skills.
- Competency in office software.
- Ability to think outside the box.
- Collaborative and highly engaged team player.
- Pursuing or planning to pursue the CPA, CFA designation or an MBA.
Responsibilities
- Identify and analyze company-specific and industry-wide investment risks.
- Develop a framework for developing credit ratings and rating tolerances.
- Translate investment risks into a credit rating.
- Become familiar with deal-specific and industry-standard documentation.
- Attend management presentations and actively participate in discussions on company strategy and performance where appropriate.
- Interface and build relationships with sell-side and third-party research analysts.
- Prepare comprehensive written reviews of individual investments which include annual reviews and sector reviews.
- Communicate changes in investment risk across the investment team and broader investment management complex on a timely basis.
- Support the company's reinsurance coverage program by reviewing new counterparty applications and preparing assessment reports for existing counterparties, including addendums, certifications, annual and sector reviews, and quarterly loan reviews.
- Serve as a key reinsurance liaison among business units, offshore teams, Credit Risk Management, and other relevant stakeholders to facilitate effective communication and coordination.
- Contribute to efforts in researching markets, companies and industries for identifying new investment opportunities.
- Contribute to and participate in a due diligence process that includes meeting with issuer management and the development of documentation.
- Contribute to the preparation of investment memoranda in support of investment recommendations.
- Interface with Credit, Trading and Portfolio Management for your portfolio companies, and serve as a backup analyst in the absence of the primary analyst.
- Attend and represent MFC/JH at conferences, roadshows and management meetings.
- Contribute to junior analysts and intern recruitment efforts.
Benefits
- health
- dental
- mental health
- vision
- short- and long-term disability
- life and AD&D insurance coverage
- adoption/surrogacy and wellness benefits
- employee/family assistance plans
- various retirement savings plans (including pension and a global share ownership plan with employer matching contributions)
- financial education and counseling resources
- generous paid time off program in Canada includes holidays, vacation, personal, and sick days
- full range of statutory leaves of absence
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
