About the Role
As a member of our Specialized Credit Team at 1832 Asset Management L.P., the Analyst will be expected to make a meaningful contribution to the team’s continued growth. This role offers the opportunity to contribute to portfolio construction, security selection, and develop a broad understanding of North American credit markets.
Responsibilities
- Contribute to the team’s portfolio construction and security selection efforts with the goal of producing both absolute and relative returns across multiple mandates.
- Develop a broad understanding of North American credit markets including Investment Grade, High Yield, Loans, Hybrids, and Preferred Shares.
- Build relationships with management teams, sell-side research analysts, market makers, and internal marketing professionals.
- Contribute to internal infrastructure and process improvements, including the use of technology and AI to enhance trading and research workflows.
- Conduct fundamental credit research, including detailed financial modeling, capital structure analysis, and review of credit documentation.
- Generate investment recommendations supported by valuation analysis, downside scenarios, and relative value assessments.
- Monitor existing positions through earnings reviews, management meetings, and ongoing credit surveillance.
- Assist in portfolio construction activities including evaluating position sizing, asset mix, sector allocations, and conducting scenario analysis on both an absolute and relative basis.
- Execute and book trades across multiple platforms including managing cash and rebalancing activities.
- Support client and marketing initiatives through market commentary and portfolio insights.
Requirements
- 2-5 years of financial markets experience, preferably in a research or trading related role.
- Undergraduate degree. Business or Economics preferred.
- Extremely strong problem solving skills
Skills
- Advanced proficiency in Excel.
- Capability with financial applications such as Bloomberg would be an asset.
- A post graduate degree (MBA or Masters of Finance), a professional designation, or working towards a professional designation such as the CFA, CPA, etc would be an asset.
Location
- Toronto, Ontario, Canada
Work Type
- Full-time
Experience Level
- 2-5 years
Education Level
- Undergraduate degree
- Post graduate degree (MBA or Masters of Finance)
- Professional designation (CFA, CPA, etc.)
About the Company
- 1832 Asset Management L.P. is one of Canada’s largest asset managers, offering a comprehensive range of solutions through Dynamic Funds, ScotiaFunds, and Jarislowsky Fraser. The firm and its predecessor companies have been providing asset management services in Canada since 1877. The firm’s Specialized Credit Team manages assets exceeding $20 billion, encompassing a diverse range of fixed-income and credit liquid alternative funds, ETFs, and institutional mandates.
- Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
Equal Opportunity
- 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.
