Portfolio Manager, Managed Accounts

Aviso Wealth:

At Aviso, we are dedicated to improving the financial well-being of Canadians. As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, and community. Working with talented and energetic professionals who exemplify our values every day, you will quickly notice that our people and dynamic ‘oneaviso’ culture sets us apart. If you are looking for interesting and challenging work, at a company committed to its people, find out more about what Aviso has to offer at www.aviso.ca.

The Opportunity:

We’re looking for a Portfolio Manager, Managed Solutions to join our Asset Management team.

Reporting to the Director, Managed Accounts, the Portfolio Manager is responsible for the portfolio management of Aviso’s discretionary fee-based solutions and administration support. This includes providing oversight on discretionary trades and operational processes and contributing to the overall investment strategy of managed solutions.

Who you are:

• Service – You put your clients’ needs first. You advocate service excellence, and work to deliver client-centric solutions, and proactively develop strategic partnerships that allow Aviso to become a trusted advisor and partner
• Execution – You are committed to achieving your goals and to succeed. This includes focusing on “getting things done”, as well as recognizing and taking advantage of opportunities as they arise. You are consistently looking for ways to improve your personal best and see value in continuous improvement. You take accountability for your actions and learn from mistakes
• Collaboration – You work collaboratively with others with the common goal of driving positive results. Making meaningful contributions to your team to achieve organizational goals is a priority. You proactively encourage collaboration, build trust and inclusion, and work to establish effective relationships both inside and outside of the organization

What your day looks like:

Portfolio Management & Client Service

• Co-manage internal investment mandates and models. You will be a contributing member of the Investment Strategy Group, helping formulate strategic and tactical asset allocations and apply tactical strategies to internally managed multi-asset solutions
• Partner with the Director, Managed Solutions to develop, launch, and manage Aviso’s proprietary investment solutions
• Act as a strategic bridge between portfolio management, technology, and advisor experience – supporting the continuous improvement of Aviso’s Managed Account platform through innovation, automation and data-driven insights
• Support financial advisors with their client meetings, through presentations and correspondence that provide market update, guidance, and growth opportunities for prospective and existing clients
• Participate in monthly/quarterly and ad-hoc Economic and market webcasts to advisors
• Create, review, and approve investment policy statements for clients
• Collaborate with other Portfolio Managers and team members on tactical investment strategies for the managed account platform, including technical & fundamental market analysis and client implementation strategies
• Review and analyze investment mandates and trading, providing recommendations and opportunities for improvements
• Engage directly with financial advisors to communicate platform strategy, performance updates, and portfolio positioning
• Gather field insights to guide future enhancements to managed account functionality and advisor experience

Portfolio Accounting

• Manage and administer separately managed (“SMA”) and unified managed (“UMA”) accounts on Portfolio Management System
• Implement model portfolios from third-party investment managers, liaising as required for strategic execution
• Coach and support junior members of the team on portfolio administration and management in the PM platform (currently Wealth360)
• Maintain expert knowledge on Aviso’s custodial (Dataphile) and Portfolio Management Systems and processes

Client and Compliance Reporting

• Manage quarterly client statement production and tax issues with tax department
• Provide oversight and quality control for managed account compliance reporting and attribution analysis, ensuring data integrity and regulatory consistency across platforms
• Manage ongoing Compliance and Finance reporting requirements
• Provide ad hoc reports to third-party subadvisors, Compliance and advisors as required
• Monitor client accounts against Investment Policy Statements and other compliance requirements
• Performance reporting of portfolios and client accounts
• Continuous enhancement of Aviso’s managed solutions and features to ensure solutions they remain competitive and top caliber
• Provide opportunities for enhancement of the broader product shelf of the Product Solutions department
• Provide oversight to managed solutions fee billing system for clients and advisors
• Collaborate cross-functionality with Trading, Operations, Compliance and Product Solutions teams to ensure efficient execution, reporting accuracy and product alignment

Your experience and skills:

• Post-secondary degree in business or a related discipline
• CFA Charter holder
• Licensed CIRO Portfolio Manager (Discretionary)
• 5-7 years’ experience in the investments industry with at least 3 years of discretionary portfolio management experience
• Strong understanding of the financial services industry, market research, portfolio theory and/or investment administration and sales
• Excellent written and verbal communication/presentation skills
• Apply data analytics and automation tools (Python, Power BI) to enhance portfolio oversight, attribution and drift monitoring
• Identify opportunities to streamline and digitize operational workflows within Wealth360 and Dataphile
• Advanced level MS Office Suite (emphasis on Excel and PowerPoint)
• Experience with Bloomberg/Refinitiv (Eikon)
• Experience withWealth 360 & Dataphile is ideal
• Programming (Python, JAVA) knowledge is considered a highly desirable asset
• Experience supporting discretionary managed account programs or model portfolios
• Experience working with third party sub-advisors and model delivery platforms
• Excellent problem-solving skills with proven track record of managing activities and exceeding targets
• Self-motivated and able to operate in a fast-paced, dynamic environment
• Fluent communication skills in English are required and bilingual skills in French are an asset

Why Aviso Wealth?

At Aviso Wealth, you will find a dynamic and inclusive culture that rewards innovation and celebrates success.
Here are a few things that set us apart:

• Competitive compensation package that rewards and recognizes individual contributions
• Excellent health, dental and insurance benefits to meet the diverse needs of our employees
• Generous vacation time, fitness benefit, parental leave top-up options
• Matching contributions to our retirement program
• Commitment to the continuous improvement of our staff through learning & development and an education assistance program
• Regular social events to foster teamwork

Your Information

By submitting your application, you consent to the collection, use, and disclosure of your provided personal information for the purposes of assessing your qualifications and suitability for employment with Aviso. Your information will be handled in accordance with applicable Canadian privacy laws, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and relevant provincial legislation. Your data may be shared with authorized personnel involved in the recruitment process and retained only as long as necessary to fulfill these purposes or as required by law.

Further information is available on the Privacy link on our Career Page – Privacy Policies

Equal Employment Opportunity

Aviso welcomes and encourages applications from all qualified individuals including persons with disabilities. If you require an accommodation, we will work with you to meet your needs in all stages of the hiring process.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

No recruiters or agencies, please.

Company Overview:

Aviso is a leading wealth management and investment services provider for the Canadian financial industry, with approximately $145 billion in total assets under administration and management, and over 1,000 employees. We’re building a comprehensive, technology-enabled, client-centric wealth services ecosystem. Our clients include our partners, advisors, and investors. We’re a trusted partner for nearly all credit unions across Canada, in addition to a wide range of portfolio managers, investment dealers, insurance and trust companies, and introducing brokers. Our partners depend on Aviso for specific solutions that give them a competitive edge in a rapidly evolving, highly competitive industry. Our investment dealer and mutual fund dealer and our insurance services support thousands of investment advisors. Our asset manager, NEI Investments, specializes in investing responsibly. Our online brokerage, Qtrade Direct Investing®, empowers self-directed investors, and our fully automated investing service, Qtrade Guided Portfolios®, serves investors who prefer a hands-off approach. Aviso Correspondent Partners provides custodial and carrying broker services to a wide range of firms. We have offices in Toronto, Vancouver, Montreal, and Winnipeg. Aviso is backed by the collective strength of our owners: the credit union Centrals, Co-operators/CUMIS, and Desjardins. We’re proud to power businesses that empower investors.

A career with Aviso means being part of a group of talented, energetic professionals who live their values every day, and belonging to an organization dedicated to your success and career development. If you’re looking for interesting and challenging work, at a company committed to its people, apply to join our team.

Salary

This position is posted with an expected salary range of $115,000 - $135,000 CAD annually. Individual compensation packages are based on various factors unique to each candidate and the requirements of the position.