Senior Investment Analyst

Toronto, ON, Canada

Job Description

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Grade: D8
Division: MI Investments Fixed Income & MAS


IGM Financial Inc. is one of Canada\'s leading diversified wealth and asset management companies with approximately $271 billion in total assets under managements. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments


Under IGM Financial\xe2\x80\x99s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967. Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support.


At Mackenzie Investments You Can Build Your Career with Confidence.


We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians. We are proud to be recognized as one of Canada\xe2\x80\x99s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and centre.


Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.


Mackenzie Investments is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada \xe2\x80\x93 including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.


Position
The Mackenzie Fixed Income Team is accepting applications for the position of Senior Investment Analyst based in Toronto, Ontario. The position reports to the Vice President, Investment Research. The role will focus on credit analysis within the global investment grade bond, high yield bond, and leveraged loan markets. It requires a thorough understanding of the global credit markets and an ability to develop and communicate investment recommendations to Portfolio Managers. The role will contribute to the success of our diverse group of fixed income mandates through idea generation, position monitoring, and special projects that may arise to support the portfolio management process.


Key responsibilities
Act as a sector specialist and develop an expertise in an assigned group of sectors while proactively identifying strengths, weaknesses, opportunities, and threats for sectors and companies
  • Fundamental coverage of the assigned sectors across investment grade bond, high yield bond, and leveraged loan markets to assess broad industry trends and market dynamics with a view towards generating investment ideas and monitoring existing positions
  • Perform comprehensive bottom-up due diligence on issuers including developing detailed financial models to assess creditworthiness, conducting meetings with management teams, and analyzing relative value
  • Analyze capital structures and covenants to determine the optimal capital structure positioning and maximize risk-adjusted returns
  • Make buy / hold / sell recommendations on individual securities and collaborate with the broader team to implement recommendations into the portfolios
  • Provide timely updates and research opinions to senior members of the team on financial results and developing credit situations
  • Establish and build relationships with sell-side contacts and other market participants such as rating agency analysts to generate market insights
  • Conduct ESG analysis for all current and prospective investments to determine suitability for various sustainability funds
  • Engage with companies on material ESG issues in a way that is consistent with team and company engagement strategies
  • Partner with Investment Management, Legal & Compliance, Product, Funds Operations and Marketing to ensure Mackenzie\xe2\x80\x99s relevant policies and practices adhere to standards
  • Participation in regular team meetings related to individual credits, sector views, relative value and portfolio management
  • Continuous engagement with portfolio managers for mentoring and ongoing career development towards potential advancement opportunities

The following qualifications are required of the successful candidate
  • Bring a minimum of 5 years of experience in the financial services industry with a focus on credit analysis
  • Solid knowledge of and demonstrated experience with fundamental credit analysis as it related to fixed income securities within the context of the global fixed income markets
  • High attention to detail, accuracy, and ability to prioritize workflow are key
  • Completion or enrollment in the CFA program or other advanced degree
  • Post-secondary education degree



Please visit our career page by clicking on the following link:
https://www.mackenzieinvestments.com/en/careers


We thank all applicants for their interest in Mackenzie Investments; however only those candidates selected for an interview will be contacted.


Mackenzie Investments is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.


Please apply by May 31, 2024.


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Job Detail

  • Job Id
    JD2301129
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned