Portfolio Manager, Quantitative Investment - BMO Global Asset Management

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The Portfolio Manager of Quantitative Investments will join an experienced and dynamic team that builds and manages quantitative investment strategies of exchange traded funds (ETF), alternative mutual funds, mutual funds and institutional mandates. The portfolio manager’s responsibilities will include, but are not limited to, portfolio management of multi factor and single factor equity based ETFs and mutual funds. A successful candidate should have previous portfolio management experience in equity factor investing and derivatives. Any cross-asset experience is a big plus. In addition to portfolio management responsibilities, the successful candidate will also contribute to sales support to support the overall growth of quantitative investment strategies offering within BMO GAM.

Key Dimensions:

• Investment Management
• Investment Research and Programming
• Sales Support
• Risk Management & Compliance

Accountabilities:

Investment Management

• Responsible for the day to day management of active and rule-based quantitative investment strategies
• Manages, evaluates and monitors performance of the designated portfolio in alignment with investment objectives and client parameters based on the designated portfolio management discipline (e.g., equity, fixed income, quantitative, etc.).
• Demonstrates strong modelling skills in enhancement of current framework and innovation of new solutions.
• Demonstrates strong emphasis in risk monitor and risk management within the context of portfolio management
• Develops investment strategies to meet objectives and constructs and maintains portfolio within client investment guidelines, achieving appropriate diversification.
• Maintain and enhance models in order to ensure the necessary investment characteristics are within client needs and investment mandates.
• Executes various portfolio management requirements including, but not limited to: portfolio rebalancing, trading and execution, regular economic commentaries, corporate actions, rebalancing, asset allocation, risk management, idea generation and product engineering, and interacting with market participants.
• Build a trading strategy for any fund rebalances and portfolio transitions to minimize market impact and tracking
• Aid in communicating each investment strategy to sales team and clients
• Aid in the analysis of performance and investment decisions to defend to senior investment committee
• Support broader equity ETF portfolio management team by backing up on other index-based or institutional mandates as needed
• Continuously improving the operational efficiencies of the PM/Trading process

Investment Research

• Provide investment analysis to the portfolio management and sales teams
• Provide investment analysis on new product launches and existing products
• Develop and implement new quantitative investment strategies
• Implement model enhancement and new models in existing platform
• Broader work or accountabilities may be assigned as needed.

Sales Support

• Function as subject matter expert to support sales initiatives to drive asset growth
• Foster a highly integrated and collaborative partnership with the sales team to deliver exceptional client service, through delivery of timely and insightful commentary, support and market analysis
• Support products through education and sales
• Participate in client focused road shows, presentations and meetings
• Support the construction of PR and media messaging as the subject matter expert for non-linear and liquid alternative strategies as opportunities arise

Risk Management & Compliance

• Maintain the highest fiduciary duty when representing and acting in our clients’ interests
• Continuously pursue and identify potential risk within our business and processes
• Eliminate, where possible, manual processes
• Automate and build systems that reduce operational risk
• Ensure controls are in place and are being followed
• Join a culture that continuously looks to mitigate operational risk

Knowledge:

• University graduate in Commerce, Business, Engineering, Mathematics or Economics and may have a post graduate degree
• CFA Charterholder
• A minimum 10 years of investment industry experience, with at least 5-10 years of direct investment experience
• Proven track record of equity factor investing and deep knowledge of US, Canada and Global markets.
• Strong programming skills in python and R.
• Equity derivatives and cross asset experience is an asset, including options licensing
• Experience in macroeconomic research and a familiarity with writing regular commentaries and strategy reports
• Excellent working knowledge of global financial markets, investment management, products and marketing

Skills

• Possess exceptional interpersonal, verbal, written and presentations skills
• Possess strong quantitative and technology skills
• Collaboration & team skills - in-depth
• Analytical and problem solving skills - In-depth
• Influence skills - In-depth

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

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.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.