Senior Portfolio Analyst, Infrastructure & Utilities (Equity Income Team), 1832 AM

Title: Senior Portfolio Analyst, Infrastructure & Utilities (Equity Income Team), 1832 AM

Requisition ID: 213281

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

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 has 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, and its experienced investment management team is active across capital markets and asset classes, deploying traditional and innovative strategies driven to deliver investment management excellence for our clients across domestic and international businesses.

The 20-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. The Equity Income team is currently searching for a Senior Portfolio Analyst with a focus on the Infrastructure/Utilities sectors.

As a Senior Portfolio Analyst, you will be responsible for providing in-depth, perceptive research and analysis on a focused list of stocks. You will make recommendations to Equity Income Portfolio Managers based on analysis of fundamentals and maintain research files sufficient to satisfy compliance, regulatory, and internal fund manager requirements. This will require gathering and analyzing relevant financial, quantitative, and qualitative industry, economic, regulatory, and company-specific data. You will work across multiple sub-sectors, gathering, consolidating, and interpreting information and data required for buy, hold, and sell decisions for the team in addition to preparing and submitting written and verbal reports.

The Senior Portfolio Analyst 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 1832 Asset Management, contributing to and/or leading sector-based discussions in your area of expertise.

Responsibilities:

• Analyze financial information to determine current and future financial performance on Canadian, US, and Global companies;
• Evaluate annual reports and other regulatory filings;
• Organize the information collected into an easily accessible format and write succinct research reports for use by the team in stock selection;
• Collect 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;
• Generate a reasonable thesis for each investment position;
• Provide ongoing coverage of relevant events to the investment team;
• Read and summarize research reports for making oral presentations and written reports;
• Develop expertise on the securities under your responsibility, and support other Analysts/PMs as necessary;
• Maintain work on securities held within the team's funds:
• Maintain current financial models on each company;
• Read all available public information on individual companies;
• Update the team accordingly with material information (i.e. Annual and Semi-Annual Reports, AIFs, Press Releases, other Analyst reports);
• Meet with company management regularly;
• Attend industry seminars and report back any relevant information;
• Actively participate in Analyst-focused activities across 1832 Asset Management;
• Collaborate with teams across 1832 Asset Management, contributing to sector-based discussions;
• Support the team with back-up Administration duties as needed.

Qualifications:

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

Location(s): Canada : Ontario : Toronto

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 (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) 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.