Portfolio Manager, ESG (Vancity Investment Management)

Portfolio Manager, ESG (Vancity Investment Management)

Job Category: Accounting & Finance

Requisition Number: HEADO005679

Posted: December 4, 2024

Employment Type: Full-Time

Work Arrangement: Hybrid

Location

Vancity Centre
183 Terminal Ave
Vancouver, BC V6A4G2, CAN

Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.

Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If you’re interested in joining their team of 2,700 diverse individuals and accessing competitive rewards and benefits, all while knowing you are part of a greater movement, then apply today!

About the workplace:

This is a permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. Periodically, you’ll be required to attend in-person activities or events.

Are you an expert in responsible investing (RI) with extensive experience relating environmental social governance (ESG) analysis? If so, then we want to hear from you! As the Head of ESG, Vancity Investment Management (VCIM), you are accountable for maintaining VCIM’s position as a leader in sustainable investing and all aspects of VCIM's RI program. Your job will be to ensure an optimized investment portfolio for members consistent with RI criteria.

A typical day would involve:

• Provide portfolio management and Environmental, Social, and Governance (ESG) screening for investment portfolios to enable long-term competitive performance in accordance with VCIM investment policy guidelines and strategic objectives.
• Propose potential investments to the Investment Committee for portfolios that optimize performance and comply with ESG criteria.
• Provide regulatory reporting and commentaries to clients for mutual funds and portfolios consistent with regulatory requirements.
• Execute shareholder engagement activities (e.g. filing shareholder resolutions, meeting with companies/investors) to mitigate potential ESG risks.
• Provide marketing and sales support (information, seminars, materials, etc.) to promote awareness of socially responsible investment products.
• Advise and coach leaders in the application of Socially Responsible Investing (SRI), and Environmental, Social, and Governance (ESG) concerns to inform decision-making and reporting and enable the achievement of business objectives.
• Manage a team of ESG-focused analysts in the application of ESG and SRI principles across a suite of investment products for VCIM.

You have:

• Post secondary degree, preferably in Finance, Economics, Business Administration or a related field.
• Ten years of professional investing experience; with at least five years in relevant responsible investing work experience.
• Strong understanding of financial markets, investment strategies, and portfolio management.
• Experience in leading, managing, and motivating a team of investment professionals.
• Experience in public speaking and delivering presentations.
• Technical writing and editing experience.
• Recent securities registration (IIROC, BCSC/Provincial ICPM) experience/ability to be registered as an Advising Representative with the BCSC.

Bonus points if you have:

• Impact investing and private markets experience considered an asset.

You are:

• A problem solver: Your skills to diagnose challenges and issues, develop innovative business solutions, and assess risks and opportunities that may affect the business have been put to good use.
• Results-oriented: You have a demonstrated ability to engage stakeholders in order to conduct diagnosis, analyze findings, generate appropriate options, and build deliverables all while securing their commitment to these solutions in a timely manner.
• A people leader: You have people leadership skills to manage a team of direct reports and support the technical/transactional activities and carry out all people practices. You have the ability to be adaptable to manage and lead yourself and your team through change.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

Salary: The salary range for the role will be base pay of $100-140K plus incentive.

• Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
• New employees receive between three to four weeks of vacation allowance per calendar year, and the number of vacation days grows — to a maximum of six weeks per year — as their length of service increases. In addition, full-time, permanent staff may be able to purchase extra days of vacation through our flexible benefits package.
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness, plus opportunities to take unpaid leave for a variety of reasons.
• Our health care & dental benefits offer three levels of health care and dental coverage for you to select from. These benefits will also be effective immediately based on your hire date.
• We understand that retirement means different things to different people and at Vancity we will offer you a Defined pension plan that pays you a retirement income for life.

Please note that all shortlisted candidates for this role will be required to complete a background check which includes employment verification, credit check, and a criminal record check. Vancity is an inclusive and equitable employer and actively seeks to advance racial equity, inclusion and belonging across the organization.

We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process, please reach out to our Talent Acquisition team at recruitment@vancity.com for confidential support. In-person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.