Portfolio Manager – Short Horizon Alpha recruitment
The CPP Investment Board is a professional investment management organization that invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 17 million Canadian contributors and beneficiaries. 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 in the Public Market Investments department. The Portfolio Manager will be responsible for conducting research and evaluating systematic trading opportunities, sourcing and assisting in the implementation of transactions, monitoring (via generation of portfolio, risk and performance analytics) the resultant portfolios of transactions based on specific short horizon alpha strategies as assigned by the Senior Portfolio Manager – SHA Credit Rates. The Short Horizon Alpha group’s focus is on the development and implementation of scalable shorter horizon active management strategies within Public Market Investments. This role offers an exciting combination of unbeatable learning opportunities, as well as the chance to be part of a dynamic team and an innovative investment organization.
Role-Specific Accountabilities
Reporting to the Senior Portfolio Manager – SHA Credit Rates (Public Market Investments), this position is primarily responsible for researching and investigating, assisting in building and implementing a wide range of trading strategies for the active alpha (credit rates) and risk analytics within SHA. Major areas of responsibilities include:
• Performing fundamental credit research and presenting research ideas to broader group
• Providing market insight and conducting research on the implementation of investment strategies
• Assisting in the development of tools to trade Credit Relative Value (“Credit RV”) strategies based on fundamental and market based research across multiple products
• Using past experience and market knowledge to provide guidance and assist in building models, databases, and frameworks that provide insight into the performance of an investment or strategy
• Part of team responsible for pricing and managing risk associated with various Credit RV strategies (e.g. vanilla credit, capital structure arbitrage, structured credit)
• Identifying and researching new investment opportunities within this asset class
• Assists in the preparation of investment recommendations
General accountabilities include working as part of the SHA’s trading group to optimize and implement strategies related to alpha generation (e.g. research into short-horizon and event driven value-added trading strategies).
If you possess the following, we’d like to hear from you:
• A minimum of 7 years relevant work experience preferably with a Masters degree in Business, Mathematical Finance or Economics with a quantitative undergraduate degree (eg. Math, Engineering, Computer Science)
• Proven track record managing risk, conducting research or providing analysis in the implementation and monitoring of Credit RV strategies
• Good knowledge of fixed income, credit and finance as well as strong analytical skills
• Well developed interpersonal skills with demonstrated solid verbal and written communication skills
• Demonstrated good judgment, professionalism and integrity
• Proven ability to work independently as well as perform effectively in a team oriented environment
• Ability to work and learn quickly in a high performing culture, under pressure and with time-sensitive deadlines
• Self-motivated, flexible and adaptable
• Conduct consistent with our Guiding Principles of Integrity, Partnership and High Performance
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=Q212-680R
We thank all applicants for their interest, however only those selected for an interview will be contacted. CPP Investment Board is an Equal Opportunity Employer