The Opportunity:We're looking to fill an opening for a Portfolio Manager, Managed Assets Program (MAP) to join our Asset Management team.
Reporting to the Senior Manager, MAP Trading, the Portfolio Manager is responsible for the portfolio management of Aviso's discretionary fee-based solutions and administration support. This includes providing oversight on discretionary trades and operational processes and contributing to the overall investment strategy of managed solutions.
What your day looks like:Portfolio Management & Client Service
- Co-manage internal investment mandates and models.
- Act as a strategic bridge between portfolio management, technology, and advisor experience - supporting the continuous improvement of Aviso's Managed Account platform through innovation, automation and data-driven insights
- Support financial advisors with their client meetings, through presentations and correspondence that provide market update, guidance, and growth opportunities for prospective and existing clients
- Participate in monthly/quarterly and ad-hoc Economic and market webcasts to advisors
- Create, review, and approve investment policy statements for clients
- Collaborate with other Portfolio Managers and team members on tactical investment strategies for the managed account platform, including technical & fundamental market analysis and client implementation strategies
- Review and analyze investment mandates and trading, providing recommendations and opportunities for improvements
- Engage directly with financial advisors to communicate platform strategy, performance updates, and portfolio positioning
- Gather field insights to guide future enhancements to managed account functionality and advisor experience
Portfolio Accounting
- Manage and administer separately managed ("SMA") and unified managed ("UMA") accounts on Portfolio Management System
- Implement model portfolios from third-party investment managers, liaising as required for strategic execution
- Coach and support junior members of the team on portfolio administration and management in the PM platform (currently Wealth360)
- Maintain expert knowledge on Aviso's custodial (Dataphile) and Portfolio Management Systems and processes
Client and Compliance Reporting
- Manage quarterly client statement production and tax issues with tax department
- Provide oversight and quality control for managed account compliance reporting and attribution analysis, ensuring data integrity and regulatory consistency across platforms
- Manage ongoing Compliance and Finance reporting requirements
- Provide ad hoc reports to third-party subadvisors, Compliance and advisors as required
- Monitor client accounts against Investment Policy Statements and other compliance requirements
- Performance reporting of portfolios and client accounts
- Continuous enhancement of Aviso's managed solutions and features to ensure they remain competitive and top caliber
- Provide opportunities for enhancement of the broader product shelf of the Product Solutions department
- Provide oversight to managed solutions fee billing system for clients and advisors
- Collaborate cross-functionality with Trading, Operations, Compliance and Product Solutions teams to ensure efficient execution, reporting accuracy and product alignment
RequirementsYour experience and skills:- Post-secondary degree in business or a related discipline
- CFA Charter holder
- Licensed CIRO Portfolio Manager (Discretionary)
- 5-7 years' experience in the investments industry with at least 3 years of discretionary portfolio management experience
- Strong understanding of the financial services industry, market research, portfolio theory and/or investment administration and sales
- Excellent written and verbal communication/presentation skills
- Apply data analytics and automation tools (Python, Power BI) to enhance portfolio oversight, attribution and drift monitoring
- Identify opportunities to streamline and digitize operational workflows within Wealth360 and Dataphile
- Advanced level MS Office Suite (emphasis on Excel and PowerPoint)
- Experience with Bloomberg/Refinitiv (Eikon)
- Experience with Wealth 360 & Dataphile is ideal
- Programming (Python, JAVA) knowledge is considered a highly desirable asset
- Experience supporting discretionary managed account programs or model portfolios
- Experience working with third party sub-advisors and model delivery platforms
- Excellent problem-solving skills with proven track record of managing activities and exceeding targets
- Self-motivated and able to operate in a fast-paced, dynamic environment
- Fluent communication skills in English are required and bilingual skills in French are an asset
BenefitsWhy Aviso Wealth?At Aviso Wealth, you will find a dynamic and inclusive culture that rewards innovation and celebrates success.
Here are a few things that set us apart:
- Competitive compensation package that rewards and recognizes individual contributions
- Excellent health, dental and insurance benefits to meet the diverse needs of our employees
- Generous vacation time, fitness benefit, parental leave top-up options
- Matching contributions to our retirement program
- Commitment to the continuous improvement of our staff through learning & development and an education assistance program
- Regular social events to foster teamwork
SalaryThis position is posted with an expected salary range of $115,000 - $135,000 CAD annually. Individual compensation packages are based on various factors unique to each candidate and the requirements of the position.
