Senior Portfolio Analyst, Equity Income Team (Consumer)

Requisition ID: 212643

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

1832 Asset Management L.P.
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1832 Asset Management L.P. is one of Canada’s largest asset managers, offering a comprehensive range of solutions through Dynamic Funds and ScotiaFunds, spanning every major sector, geographic region, and investment discipline. The firm and its predecessor companies have been providing asset management services in Canada since 1877, managing mutual funds and providing investment solutions for private clients, institutions, foundations, endowments, and managed asset programs.

Today, the firm has over $140 billion in assets under management, with an experienced investment management team active across capital markets and asset classes, deploying traditional and innovative strategies to deliver investment management excellence for our clients across domestic and international businesses.

1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank.

Senior Portfolio Analyst, Equity Income Team
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The 19-member, award-winning Equity Income team invests in quality businesses at a reasonable price (QUARP) and focuses on securities that pay a dividend or distribution. The team has developed global sector expertise, with a strong base of experience in real estate, infrastructure, energy securities, and alternative investments. In support of the ongoing growth of the Equity Income team, we are currently searching for a Senior Portfolio Analyst, focusing on the Consumer sector.

As the Senior Portfolio Analyst, you will be responsible for providing sector expertise across Canadian, U.S., and Global markets. You will work as a specialist, gathering, consolidating, and interpreting information and data required for buy, hold, and sell decisions for the team, with a focus on consumer. The Analyst will also research companies and securities within the consumer sector and various sub-sectors, preparing and submitting written and verbal reports.

In this role, you will be required to keep current on significant political and economic trends impacting the assigned sector and organizations. Additionally, as a member of the broader 1832 Asset Management team, you will collaborate with various teams across the organization, contributing to and/or leading sector-based discussions in your area of expertise.

Is this role right for you? In this role, you will be:

1. Analyzing financial information to determine current and future financial performance on Canadian, U.S., and Global Consumer companies;
2. Evaluating quarterly reports, annual reports, event-driven situations, and other regulatory filings;
3. Organizing the information collected into an easily accessible format and writing succinct research reports for use by the team in stock selection;
4. Collecting industry, company, and economic information from various sources including the Web, institutional research, corporate reports, general and industry publications, management interviews, etc. to draft reports and make investment recommendations;
5. Generating a reasonable thesis for each investment position;
6. Providing ongoing coverage of relevant events to the investment team;
7. Reading and summarizing research reports for the purpose of making oral presentations and written reports;
8. Maintaining a “recommended list” throughout the year;
9. Developing expertise on the securities under your responsibility, and supporting other Analysts/PMs as necessary;
10. Maintaining work on securities held within the team's funds:
1. Maintaining current financial models on each company;
2. Reading all available public information on individual companies;
3. Updating the team accordingly with material information (i.e., quarterly and annual reports, event-driven situations, AIFs, press releases, and sell-side and other analyst reports);
4. Meeting with company management regularly;
5. Attending industry seminars and reporting back any relevant information;
11. Actively participating in Analyst-focused activities across 1832 Asset Management;
12. Collaborating with teams across 1832 Asset Management, contributing to sector-based discussions; and
13. Supporting the team with back-up Administration duties as needed.

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:

1. University Degree preferably with a post-graduate degree in Economics, Finance, Business, or related field;
2. Minimum 5 years related buy or sell-side securities analysis experience required, ideally with a focus on the Consumer sector;
3. CFA Charterholder or active enrollment in the CFA program preferred;
4. Strong financial modelling skills, with the ability to run complex models with minimal assistance and supervision;
5. Experience and knowledge of investment systems (i.e., Bloomberg, CPMS, Charles River) a definite asset;
6. Advanced skills in Microsoft Office (i.e., Excel, Word, etc.);
7. Excellent verbal and written communication skills;
8. Ability to analyze and interpret research and make investment recommendations;
9. Experience working within a team environment, with the ability to collaborate well across the team;
10. Ability to work in a very fast-paced environment;
11. Proven ability to cope with stress and multiple tasks;
12. Ability to make decisions quickly and accurately;
13. Some travel involved (industry seminars, company meetings, or tours).

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families, and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.