Associate / Associate Portfolio Manager, Public Markets

Our client, a Canadian asset manager with $200+bn, is seeking to hire an Associate / Associate Portfolio Manager on their Global Thematic team within their Public Markets department. The role is a hybrid role with 3 days a week in the office and two days a week working remotely.

The successful candidate will lead a Theme, conducting insight-driven thematic research and directly contributing to the investment decisions for an approximately $5 billion concentrated global portfolio. They will also be an integral part of a small and cohesive team that supports each other in achieving greatness.

The firm will consider candidates with between 2 to 10+ years of experience and adjust the position level as appropriate. They offer this flexibility because they care more about fit than parameter. In all candidates they are looking for passion, intellectual curiosity, and a team-oriented mentality. Beyond this, they are looking for fundamental research experience and demonstrated ability to be resourceful.

Reporting to the Managing Director, the successful candidate leads a Theme, identifying and managing a concentrated group of Thematic public equity investments that will outperform the benchmark over the long-term. To achieve this, the successful candidate: (1) develops Theme expertise utilizing a combination of conventional and unconventional sources, (2) uses this expertise to identify unique investment opportunities that will benefit as the Theme plays out, and (3) selects high conviction companies that will outperform due to underappreciated Thematic insights. The Theme lead also directly contributes to material portfolio level investment decisions, with the best companies from across Themes included in the portfolio.

Given Themes cross sectors and geographies, the ideal candidate can assess multiple sectors and industries around the world. Consideration will be made to candidates with a wide range of previous experience, although existing knowledge of Industrials would be an asset.

The candidate thrives in a dynamic team environment. They actively collaborate with their Global Thematic colleagues to maximize the overall performance of the portfolio through actively debating and challenging ideas, sharing knowledge and resources, and embracing an openness to new ideas and perspectives from all team members.

The candidate proactively builds and maintains an extensive network of industry experts to deepen knowledge and challenge incumbent beliefs. They build collaborative relationships with other teams at the firm, inclusive of relationships with other asset classes, to maximize the dissemination of thematic opportunities across the firm. The candidate is also responsible for establishing and nurturing relationships with current and prospective management teams.

DUTIES

• Help mentor and develop less experienced team members
• Identify and manage concentrated public equity positions that fit investment themes and will outperform global markets over the long-term
• Perform primary research, develop a network of industry contacts, visit companies, attend trade shows, etc.
• Perform duties as directed by the Managing Director
• Conduct intensive fundamental analysis with a focus on the drivers behind long-term valuation and risks
• Develop conviction in underappreciated Thematic insights that will result in long term financial expectations that differ from market expectations
• Develop and maintain relationships with research contacts, management teams, and other stakeholders
• Contribute to team performance through collaboration with other team members. This includes developing a base knowledge of other team members’ portfolio holdings and themes to contribute insights and research
• Assist with the day-to-day management of the portfolio including and not limited to, responding to corporate actions, daily cash management, and implementing stock and FX trades
• Work on various ongoing projects that build and improve on a common core of research for portfolio stocks
• Embrace and demonstrate high ethical standards
• Research and develop Resource Productivity Theme expertise

REQUIREMENTS & QUALIFICATIONS

• Strong research, financial modelling, analytical and valuation skills
• Minimum of 2 years of experience in global investment management, consulting, or related fields is preferred.
• High ethical standards
• Strong interpersonal skills and a history of working successfully in team environments
• Relevant degree and/or CFA is preferred
• Eager, strong work ethic, and desire to learn
• Excellent communication skills, both written and verbal