Role Summary:As a member of Manulife's Multi-Asset Solutions Team, you will play a critical role in supporting the management and oversight of our Canadian asset allocation portfolios, with a particular focus on target risk strategies in the retail segment (mutual fund, insurance and ETF). You will partner closely with portfolio managers and distribution stakeholders to translate a macroeconomic and market outlook into clear portfolio positioning, implementation, and retail-ready insights.
This role offers exposure to portfolio management and asset allocation research, with an emphasis on supporting the team's retail portfolios-translating macro views into positioning, supporting retail-ready commentary and product narrative, and incorporating distribution feedback to improve client relevance and traction.
Responsibilities:Portfolio management, implementation & oversight- Support day-to-day portfolio management and oversight of multi-asset portfolios, ensuring alignment with investment objectives.
- Assist with monitoring, trading, rebalancing, and ongoing maintenance of multi-asset portfolios across multiple time horizons.
- Partner with portfolio managers and analysts to execute systematic and bespoke asset allocation trades and rebalancing activity.
- Review risk and factor reports to confirm portfolio positioning aligns with outlook, risk targets, and mandate guidelines.
- Review attribution team outputs; synthesize key drivers and insights for portfolio managers, leadership, and retail communications.
Asset allocation research & macro integration- Participate in research and portfolio management meetings to help ensure portfolio positioning reflects the team's market outlook and research views.
- Conduct investment research across asset classes, regions, countries, and sectors; contribute investment ideas and portfolio construction analysis.
- Contribute to the development of macroeconomic views (economic and capital markets environment), including forecasts and risk scenarios, and translate those views into actionable market and portfolio implications.
- Support ongoing enhancements to models, processes, and the team's research toolkit (e.g., scenario analysis, indicators, chart libraries).
Retail segment engagement- Work closely with retail stakeholders to support the team's asset allocation funds, focusing on positioning, performance drivers, and differentiation.
- Support communication of investment outlook, trade rationale, and performance drivers in a format appropriate for retail audiences (in partnership with client portfolio managers and distribution partners).
- Gather feedback from the retail channel on fund perceptions and positioning opportunities; bring insights back to the investment team to improve alignment and traction.
- Strengthen collaboration between investment and distribution teams through proactive engagement and clear, consistent messaging.
Innovation, analytics & tools- Drive innovation by leveraging analytics and technology to improve portfolio management workflows and scalability.
- Develop and enhance tools and dashboards using platforms such as Aladdin, Macrobond, Morningstar Direct, and Bloomberg, along with related internal/external toolsets.
- Work confidently with large datasets and automated solutions; contribute to continuous process improvement.
Job Requirements:- Bachelor's degree in Economics, Finance, or related field; CFA, CIM and/or MBA preferred.
- 5-7 years of experience in an investment-related role, with strong exposure to asset allocation and multi-asset portfolios.
- Advising or Associate Advising Representative (Portfolio Manager) registration preferred, or eligible to obtain registration within 6 months.
- Functional bilingualism (English/French) is required.
- Demonstrated macroeconomic research capability and interest (e.g., markets, macroeconomics, cycles); experience with econometric modelling/forecasting is an asset.
- Strong quantitative/analytical skillset (optimization and regression/econometrics familiarity helpful).
- Strong written and verbal communication skills, with the ability to translate investment concepts for non-investment audiences (especially retail stakeholders).
- Proficiency with Aladdin, Macrobond, Morningstar Direct, Bloomberg, and similar tools; advanced Excel and PowerPoint required.
- Ability to manage multiple priorities in a fast-paced environment; strong attention to detail; proactive, accountable, collaborative team player.
- Strong interpersonal skills and ability to build relationships across the organization and with external partners (brokers, research firms).
When you join our team:- We'll empower you to learn and grow the career you want.
- We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we'll support you in shaping the future you want to see.
The role being advertised is an existing vacancy.
Referenced Salary LocationToronto, Ontario
Working ArrangementHybrid
Salary range is expected to be between$115,500.00 CAD - $165,500.00 CAD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [redacted] for the salary range for your location.
Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [redacted] for more information about U.S.-specific paid time off provisions.
