Senior Investment Analyst

Role Summary

As a member of Manulife’s Multi-Asset Solutions Team, you will play a critical role in supporting the management and oversight of our Canadian asset allocation portfolios, with a particular focus on target risk strategies in the retail segment (mutual fund, insurance and ETF). You will partner closely with portfolio managers and distribution stakeholders to translate a macroeconomic and market outlook into clear portfolio positioning, implementation, and retail-ready insights.

This role offers exposure to portfolio management and asset allocation research, with an emphasis on supporting the team’s retail portfolios—translating macro views into positioning, supporting retail-ready commentary and product narrative, and incorporating distribution feedback to improve client relevance and traction.

• Support day-to-day portfolio management and oversight of multi-asset portfolios, ensuring alignment with investment objectives.
• Assist with monitoring, trading, rebalancing, and ongoing maintenance of multi-asset portfolios across multiple time horizons.
• Partner with portfolio managers and analysts to execute systematic and bespoke asset allocation trades and rebalancing activity.
• Review risk and factor reports to confirm portfolio positioning aligns with outlook, risk targets, and mandate guidelines.
• Review attribution team outputs; synthesize key drivers and insights for portfolio managers, leadership, and retail communications.

• Participate in research and portfolio management meetings to help ensure portfolio positioning reflects the team’s market outlook and research views.
• Conduct investment research across asset classes, regions, countries, and sectors; contribute investment ideas and portfolio construction analysis.
• Contribute to the development of macroeconomic views (economic and capital markets environment), including forecasts and risk scenarios, and translate those views into actionable market and portfolio implications.
• Support ongoing enhancements to models, processes, and the team’s research toolkit (e.g., scenario analysis, indicators, chart libraries).

• Work closely with retail stakeholders to support the team’s asset allocation funds, focusing on positioning, performance drivers, and differentiation.
• Support communication of investment outlook, trade rationale, and performance drivers in a format appropriate for retail audiences (in partnership with client portfolio managers and distribution partners).
• Gather feedback from the retail channel on fund perceptions and positioning opportunities; bring insights back to the investment team to improve alignment and traction.
• Strengthen collaboration between investment and distribution teams through proactive engagement and clear, consistent messaging.

• Drive innovation by leveraging analytics and technology to improve portfolio management workflows and scalability.
• Develop and enhance tools and dashboards using platforms such as Aladdin, Macrobond, Morningstar Direct, and Bloomberg, along with related internal/external toolsets.
• Work confidently with large datasets and automated solutions; contribute to continuous process improvement.

• Bachelor’s degree in Economics, Finance, or related field; CFA, CIM and/or MBA preferred.
• 5-7 years of experience in an investment-related role, with strong exposure to asset allocation and multi-asset portfolios.
• Advising or Associate Advising Representative (Portfolio Manager) registration preferred, or eligible to obtain registration within 6 months.
• Functional bilingualism (English/French) is required.
• Demonstrated macroeconomic research capability and interest (e.g., markets, macroeconomics, cycles); experience with econometric modelling/forecasting is an asset.
• Strong quantitative/analytical skillset (optimization and regression/econometrics familiarity helpful).
• Strong written and verbal communication skills, with the ability to translate investment concepts for non-investment audiences (especially retail stakeholders).
• Proficiency with…