Portfolio Manager-(Hybrid)

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com. 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 PowerPoint Advanced experience and fixed income specific skills with Bloomberg and CanDeal 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.

Oversee a $6 billion Treasury Securities Portfolio to drive financial performance and ensure liquidity for business activities. Develop investment strategies, manage risk within policy parameters, and report performance to the Board and executive committees.

Requires a degree in Finance or Business Administration, a CFA designation, and over 5 years of experience in financial management. Must possess strong quantitative skills and expertise in fixed income, derivatives, and tools like Bloomberg and CanDeal.

• Work-life flexibility • Hybrid work environment • Variable annual incentive plan • Annual vacation allotment • Flexible benefits plan • Family building and gender affirmation support • Retirement Plan with 6% matched contributions • Learning platform and educational assistance • Virtual wellness platform • Career development opportunities • Wellness Flex Fund • Paid volunteer day • Corporate discounts

Identified from the job description. Confirm important requirements above.

• Fixed Income Management
• Derivative Markets
• Portfolio Strategy
• Quantitative Analysis
• Financial Reporting
• Risk Management
• Bloomberg
• CanDeal
• MS Excel
• MS PowerPoint
• ESG Integration
• Regulatory Compliance
• Capital Markets
• Financial Accounting
• Relationship Building
• Strategic Problem Solving
• Environmental Social And Corporate Governance (ESG)
• Counterparty Risk
• Intellectual Curiosity
• Time Off Management
• Self-Motivation
• Analytical Skills
• Microsoft Excel
• Artificial Intelligence
• Data Analysis
• Financial Institution
• Business Administration
• Investments
• Chartered Financial Analyst
• Communication
• Continuous Improvement Process
• Discounts And Allowances
• Environment Variables
• Finance
• Financial Management
• Fixed Income
• International Financial Reporting Standards
• Problem Solving
• Learning Platforms
• Market Liquidity
• Market Risk
• Microsoft Office
• Portfolio Management
• Microsoft PowerPoint
• Presentations
• Securities (Finance)
• Derivatives
• Balancing (Ledger/Billing)

• Finance & Accounting
• Management & Leadership
• Data & Analytics
• Portfolio Manager
• Investment / Portfolio Analyst
• Financial Analysts
• Financial and Investment Analysts

Minimum education

Professional degree

Minimum experience

5+ years

Posting language

English

Working hours

40 hours per week