Purpose of the Role:We are seeking a highly motivated individual with a commitment to excellence and experience in managing public fixed income portfolios. The Credit Analyst will primarily focus on Investment Grade and High Yield credit research, portfolio construction, risk management, and quantitative analysis across the broader portfolios. We work in a team-based environment, so the successful candidate will be exposed to all aspects of the investment management process. The Credit Analyst will pair fundamental credit judgment with quantitative investment management techniques and help build and maintain the tools behind them.
Core Responsibilities:- Perform in-depth research on corporate credits in the investment grade and high yield spaces.
- Construct credit portfolios with strong risk/reward characteristics across different mandates.
- Develop expertise in other credit markets and products for potential inclusion in the portfolios.
- Actively monitor existing portfolio positions and make relative value decisions based on a combination of bottom-up and top-down fundamental credit research.
- Demonstrate a good understanding of the risks of fixed income securities and companies.
- Participate in meetings with corporate issuers and industry analysts.
- Conduct research on global economies, financial markets, industries, and individual companies.
- Assist in the preparation and presentation of materials for credit, sector, or topical reviews.
- Assist with the integration of new technologies to streamline the investment management process.
- Contribute to model review and documentation, test quantitative output against fundamental credit judgment, and flag where model assumptions break down.
- Provide analytical support on portfolio construction, factor and risk modelling, back-testing, and scenario and stress testing across mandates.
Experience and Qualifications:- 2+ years' experience in fixed income portfolio management and/or credit analysis.
- Undergraduate or graduate degree in a related discipline.
- Proven credit due diligence and underwriting skills, including research reports on specific companies and/or industries.
- Experience with credit portfolio construction and risk management.
- Experience creating actionable investment recommendations at both the individual credit and industry levels, and monitoring related performance.
- Experience constructing detailed financial models and industry reports.
- Experience trading money market and fixed income instruments is considered an asset.
- Experience with levered mandates, credit-focused hedge funds, global credit markets, and/or leveraged finance research (HY/LL) is considered an asset.
- Ability to work with large data sets and strong technical proficiency in statistical analysis, including statistical programming languages, is considered an asset.
- Familiarity with quantitative investment management techniques such as factor models, systematic screening and signal construction, portfolio optimization, back-testing, and performance and risk attribution is considered an asset.
- CFA, CA, CPA, MBA, or CBV is considered an asset.
- Willingness to travel within North America.
- Legally eligible to work in Canada for any employer.
Compensation & Benefits Package:This position comes with a competitive base salary hiring range of
$80,000 - $115,000. Final compensation will be determined based on experience, skills, and overall fit.
Base salary will be commensurate with experience, skills, and qualifications. In addition, the successful candidate will participate in our performance-based Short-Term Incentive (STI) and Long-Term Incentive (LTI) programs. LTI is awarded in the form of equity, providing a direct ownership opportunity in the firm. This total compensation program aligns pay with performance through competitive incentives with meaningful long-term value creation.
At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it's participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.
This role is a current vacancy within Nicola Wealth.
Please include both a cover letter and resume in support of your application.
