Senior Associate Portfolio Manager, Funding

BCI•Victoria, BC

4d•CA$158,000 - CA$183,000•Onsite

About The Position

Under the direction of the Managing Director (MD), Funding, the Senior Associate Portfolio Manager (SAPM) assists in managing BCI’s leverage funding program, with an emphasis on supporting unsecured debt issuance. The SAPM is actively involved in developing investor relations strategy and materials and supporting issuance execution. Within the context of the broader funding program, which includes collateralized borrowing, the SAPM contributes to meeting or exceeding funding cost and liquidity targets for BCI’s client leverage liabilities while strictly adhering to risk parameters and investment policies. The Capital Markets & Credit Investments (CM&CI) department manages C$165B of capital markets and credit investments (56% of total net AUM of BCI). The department invests globally across Credit, Equities, Fixed Income, Derivatives, and Absolute Return Strategies, with investment teams located in BCI's global offices in Victoria, Vancouver, New York, and London. As a leader in responsible investing, CM&CI actively integrates ESG factors into investment analysis and decision-making processes across all strategies. The Fixed Income & Foreign Exchange (FI&FE) team manages approximately $85B in assets and $26B in liabilities. FI&FE invests in a diverse range of products including government and corporate bonds, client exposures to foreign currency, and the Funding Program. The team manages various portfolios including the Corporate Bond Fund, Government Bond Fund, and sustainable bond investments, with strategies focused on maximizing risk-adjusted returns while providing essential portfolio liquidity.

Requirements

10+ years investment industry experience
Excellent organization and communication skills, both written and verbal
Flexibility to adapt and focus efforts where needed in a developing business segment
Experience researching, preparing, and delivering investment presentations
Effective negotiating and decision-making capability
Experience with interest rate derivatives
Advanced analytical and problem-solving abilities with strong attention to detail
Ability to work and excel in a team environment
Applied experience with Bloomberg and Excel

Nice To Haves

Primary securities issuance and execution
Legal documentation including offering memoranda
Financial structuring or structured products
Industry legislation and regulation
ESG framework(s)

Responsibilities

Support management of the funding portfolio.
Support development of investor relations materials.
Participate in investor presentations.
Contribute to deal execution and hedging.
Identify, analyze, value, implement and take ownership of funding opportunities.
Monitor funding exposure to ensure compliance with investment policies, fund management guidelines, and portfolio risk parameters.
Build and maintain strong relationships with the investor and banking community.
Provide research and trade ideas to help identify and capitalize on funding opportunities and assist with developing and implementing funding strategies.
Contribute to general strategy discussions on financial markets.
Maintain and enhance spreadsheet-based models and monitoring tools.
Liaise with internal BCI partners to develop investor presentation materials, educate clients and ensure efficient deal settlements.