Portfolio Manager-(Hybrid Job Vancouver area,BC Canada,Finance & Banking

Position: Portfolio Manager-(Hybrid)

What we offer:

Work-life flexibility

Hybrid work environment

Variable annual incentive plan

Generous annual vacation allotment

Top-notch flexible benefits plan including family building and gender affirmation

Retirement Plan, matched contributions at 6%

Access to a learning platform and educational assistance support

Access to a virtual wellness platform

Career development opportunities

Wellness Flex Fund to support personal interest and activities

Day off to volunteer in your community and other paid time off options

Corporate discounts

* subject to employment agreement

Job Summary:

As a Portfolio Manager on the Central 1 Team, you will play a pivotal role in overseeing Central 1's $6 billion Treasury Securities Portfolio, managing a diverse mix of Canadian and U.S. dollar investments that support the organization's liquidity needs while driving financial performance. This role is responsible for shaping and executing investment strategies, balancing risk and return within established policies, and contributing directly to Central 1's financial strength and long-term success.

What you'll be doing

Provide financial return for the organization while also providing liquidity to support Central 1’s business activities

Develop and execute strategies to enhance returns across Central 1’s Securities Portfolio

Outperform the benchmarks established for the Portfolio

Prepare and deliver reports, presentations, analysis and commentaries detailing historic performance, strategies, opportunities and risks for the ALCO, MRC, ELT and Board Risk Committee

Ensure portfolio meets day-to-day and long-term liquidity needs

Support and refine Central 1’s approach to incorporating Environmental, Social and Governance (ESG) factors into the investment process

Ensure all account documentation and actions taken meet with Central 1 and external regulatory compliance requirements

Ensure the portfolio is structured and managed within the parameters outlined in the Credit and Counterparty Risk Policy, Market Risk Policy, Investment Standard and Liquidity and Funding Policy

Review and respond to risk management reports

Respond to credit union inquiries as subject matter expert

What you'll have

Undergraduate or Master’s degree in Finance and/or Business Administration and a Chartered Financial Analyst (CFA) designation

5+ years financial management experience with excellent understanding of fixed income and derivative markets

Strong quantitative techniques, analytical skills, data analysis and significant trading experience relating to fixed income securities and financial derivatives

The ability to prudently manage the risks and returns of a large investment portfolio

Proven background in delivering strong, sustainable returns

Operational understanding of financial accounting, including implications of International Financial Reporting Standards and Basel III Capital and Liquidity Rules

Experience working with credit unions and/or within the credit union system an asset

Strong competency in MS Office, with particular attention to Excel and Power Point

Advanced experience and fixed income specific skills with Bloomberg and Can Deal

Excellent verbal and written communication skills are required

Must display an understanding of capital markets etiquette and a keen sense toward building relationships with financial and market professionals

Cross-department and divisional interaction required

Strategic problem solver with practical bias to drive impact

Self-motivated, intellectually curious, and committed to continuous process improvement, learning and professional development

The ability to concurrently manage a variety of tasks is essential to the successful execution of the job requirements

Salary range: $110,000-$130,000 plus variable annual pay incentive of 30%-45%

The salary represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

#LI-Hybrid

Central 1 does not use Artificial Intelligence (AI) technology to screen, assess, or select applicants during our recruitment process. This job posting is for an existing, specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.