Responsibilities
- Trade Execution: Engages the market to execute trades, monitor new issue calendar, manage trade flow, and originate new credit ideas.
- Portfolio Construction: Contributes to general portfolio construction discussions.
- Credit Analysis: Develops and expresses specific and broad credit views, working closely with the Research team to incorporate appropriate due diligence and robust credit analysis.
- Risk Monitoring: Engages issuers, syndicate desks, sales & trading, and external research resources to effectively monitor existing credit risk and actively manage the fixed-income portfolio.
- Market Focus: Focuses primarily on North American high-yield markets, with experience in European/Asian markets considered an asset.
- Collaboration: Collaborates with other members of the RPIA Execution, Research, Structuring, and Quantitative Portfolio Management teams.
Critical Competencies
- Technical Knowledge – Strong technical knowledge of global fixed income markets, both on the cash and derivative side, portfolio construction, quantitative bond analysis; and portfolio metrics.
- Integrity and Brand Promotion – A positive professional who upholds the values of the firm, and understands the importance of maintaining/protecting sensitive, confidential information.
- Communication – An excellent communicator with a firm command of written, verbal, and interpersonal skills necessary to present complex technical information to non-financial stakeholders.
- Teamwork – Strong aptitude to motivate team members and encourage a thriving, team-first culture. Brings a spirit of collaboration with the ability to maintain strong working relationships with peers and leaders within the organization.
- Operational Excellence – Confidently demonstrates knowledge of ethical standards and control principles and upholds RPIA's control and service standards.
Requirements
- University degree with high academic standing;
- Minimum of two (2) to five (5) years of fixed-income experience within a broker-dealer or buy-side institution;
- Minimum of three (3) years of experience in an investment decision-making role;
- Financial and accounting foundation required;
- Experience in bond execution and trading, portfolio construction theory;
- Experience in portfolio construction and managing a fixed-income portfolio;
- CFA Level 1 or CIM, and other minimum criteria for registration with Canadian securities regulators are required.
Additional Information:
RPIA is proud to be Great Place to Work Certified™. What sets us apart?
- Exceptional single and family benefits package that includes health, dental, and vision insurance plus additional Health Care Spending and Wellness credits.
- Homewood Health Employee and Family Assistance Program to support mental well-being and extends to all family members in your household.
- Opportunities for professional and personal growth through:
- Cross-functional Mentorship Program
- Internally curated Leadership Skills training program
- Community outreach opportunities organized through our volunteer-led Allyship and Social committees.
RPIA is an Equal Opportunity Employer
We believe in the power of diversity of thought, and we aspire to have an inclusive workplace that mirrors the fabric of our community. We strongly encourage applications regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. We are committed to providing an accessible and equitable application and hiring process and will make accommodations should you require it at any point. We encourage you to connect with us at hr@rpia.ca if you require accommodation during the recruitment process.
Our culture is defined by our five core values: excellence, partnership, transparency, integrity, and community. Our clients often say the outstanding service we deliver is as important to them as the returns we achieve for them. With over 100 employees and $12 billion under management for a broad investor base of institutions and private clients, we proudly remain privately owned by employees who invest alongside our clients.