Portfolio Manager, Global Capital Markets recruitment
In order to build a diversified portfolio of CPP assets, the CPP Investment Board invests in public equities, private equities, real estate, inflation-linked bonds, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in London and Hong Kong, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm's length from governments. For more information about the CPP Investment Board, please visit www.cppib.ca..
Role Summary
We are presently recruiting for a Portfolio Manager, Global Capital Markets in the Public Market Investments department.
This position is for working on the execution team and involves trading highly liquid domestic and foreign fixed income products within the Global Capital Markets (“GCM”) group in Public Market Investments (“PMI”). The successful candidate will need strong relationships with market participants so as to provide efficient execution, and in-depth market information in order to achieve best pricing and determine attractive trade opportunities for the active and passive programs within the fund.
GCM in its role as execution provider for the fund is responsible for all transactions in public market securities, supporting internal active management programs, as well as the implementation and management of the fund’s passive portfolio. Responsibilities include accountability for fixed income execution, with a focus on mitigating expected transaction costs and minimizing tracking error to the fund’s fixed income benchmarks.
Role Specific Accountabilities:
• Responsibilities include the efficient execution of government and quasi-government fixed income securities as well as interest rate swaps for both the passive portfolio and active programs.
• Maintaining and developing relationships with internal portfolio managers to aid in the execution of their investment mandates, with a specific view to apprising them of market conditions and the availability and liquidity of various debt instruments.
• Provide and monitor investment trends and trade ideas within the domestic and international fixed income universe.
• Maintaining and developing external relationships with sell side institutions in the fixed income market in order to increase access to these products in an efficient manner.
• Monitor the fixed income portion of the passive portfolio, suggest strategies to help optimize the return of the portfolio versus its tracking error to the fund’s Reference Portfolio benchmarks
If you possess the following, we’d like to hear from you:
• 7 - 10 years of market-making or execution experience in high-grade fixed income products, preferably in a sell-side environment, or on an execution desk in a buy-side institution.
• Product knowledge should encompass cash instruments as well as derivatives, swaps and fixed income futures products.
• Excellent negotiation and communication skills (verbal and written)
• Works well as part of a team of investment professionals with demonstrated superior interpersonal and relationship-building skills
• Adheres to the Guiding Principles of integrity, high performance and partnership
If you are looking for an exciting opportunity and to build a career in an innovative and dynamic investment organization, please submit your resume online at:
http://cppib.talcura.com/candidates/SearchJobResults01.aspx?en=1JobCode=P02751
We thank all applicants for their interest, however only candidates
Selected for an interview will be contacted.
CPP Investment Board is an Equal Opportunity Employer.