BMO Financial Group Director, Portfolio Manager Multi-Asset Solutions in Toronto, Ontario
100 King Street West
Job Family Group:
Asset Mgmt Sales & Service
The BMO Multi-Asset Solutions team is a Toronto based center of excellence within BMO Global Asset Management (GAM) Canada. The Multi-Asset Solutions team offers an inclusive workplace and values the diverse background of its employees. The team manages approximately C$55 billion covering over 125 investment mandates for retail and institutional clients. The team has a strong investment process and discipline to deliver repeatable investment excellence. BMO’s multi-asset capabilities and funds are designed around helping investors meet their long-term investment goals. Our team works to achieve the right balance between managing risks and grasping opportunities – both elements are important as we work to deliver the outcomes our clients seek. In addition to a rigorous strategic asset allocation process, tactical asset allocation is also used to take advantage of market opportunities. The Portfolio Manager will be a key individual on the Multi-Asset Solutions team, helping to drive strong risk adjusted returns across the various portfolios.
The ideal candidate has a very collaborative approach with a strong background in macroeconomics, understanding of global asset classes, strong technical expertise, strong analytical skills, and can mentor individuals.
Key Responsibilities include:
Managing daily cashflows for the portfolios
Providing thought leadership
Participating in annual strategic asset allocation reviews
Participating in underlying fund reviews
Providing economic and market views
Driving portfolio construction improvements
Providing input into model enhancements
Designing and producing regular and ad-hoc reports and dashboards
Staying on top of domestic and international economic and political trends
Providing mentorship to more junior members of the team
Collaborating, sharing information and insights across the investment teams
Fostering relationship with various internal partners
Presenting to external clients
Adhering to all compliance, regulatory and legal guidelines
5+ years of industry experience in top-down portfolio construction/portfolio management/capital markets/risk management
Meet the requirement of an Advising Representative (OSC)
Strong multi-asset class knowledge
Strong proficiency with MS Excel/VBA
Knowledge in programming (R, Python, MATLAB, SQL)
Experience with Bloomberg, Charles River, and Barra
Exceptional analytical and quantitative skills
Experience in the use of derivatives
Excellent verbal and written skills
We’re here to help
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/ca/en.
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.