Co-PM, Derivatives

AGF Investments

Not Interested
Bookmark
Report This Job

profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

About AGF:

Founded in 1957 AGF is an independent and globally diverse asset management firm. With $57B in assets under management our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments AGF Capital Partners and AGF Private Wealth.

About the Team:

AGF Investments is looking for a Derivatives Portfolio Manager / Trader to join our Investment Management team. Currently the Derivatives team is responsible for managing AGFs options focused funds and option overlays valued at over $7 billion and spread over a variety of strategies to include direct portfolios income enhancement and hedging.

AGFs growth and success are the direct result of employees commitment and dedication and our disciplined approach to investing. At AGF our tenure expertise and access to global firm resources has allowed us to maintain a disciplined approach while at the same time embracing a spirit of research and innovation to adapt. We believe a culture of curiosity open dialogue and challenging each others ideas leads to better investment outcomes and helps to continually raise the bar for our clients.

Your Responsibilities:

  • Professionally Manage Existing Mandates: Provide backup to our existing derivatives portfolio manager to include alpha generation risk management and trading.

  • Provide Subject Matter Expertise: Analyze generate and propose trade ideas to add alpha to assigned portfolios transform risks through hedging provide access to differentiated return streams provide alternatives to cash market exposures provide solutions that efficiently employ capital and leverage and engineer desired outcomes through sophisticated derivatives combinations by identifying mispricing in derivatives markets highlight relative value trades and execute within the boundaries of mandate suitability and constraints.

  • Deliver Best Execution of Derivative Trades: Evaluate all aspects of derivative trading to include broker selection and counterparty evaluation to ensure best execution in all derivatives transactions.

  • Elevate the Level of Derivatives Expertise at the Firm: Develop new tools for sophisticated analysis provide research into new strategies add to the array of derivative instruments available to portfolio managers to select from. Collaborate closely with all investment professionals to ensure we are managing our clients assets with the highest level of skill and expertise with regards to derivatives.

  • Provide Thoughtful Insights Between Cash and Derivatives Markets: Monitor the market and communicate factors that impact portfolios buy and sell decisions. This includes understanding economic fundamentals supply and demand dynamics seasonal events and technical factors that drive the derivatives markets. Communicate derivatives market positioning and how it impacts portfolios.

  • Develop an Elite Derivatives Capability at AGF: Constantly push the organization to strive to develop and enhance our derivatives capabilities.

Your Qualifications:

  • Experience: Experience: 3-5 years of listed/OTC options sales/trading/execution/analysis experience of a wide array of derivative instruments (options futures swaps) and asset classes (equities currencies and fixed income)

  • Working knowledge of North American options markets and good understanding of option pricing option Greeks option market dynamics including liquidity constraints how derivatives contracts impact and alter the return dynamics of a portfolio either via hedging income enhancement or taking risk bets.

  • Experience in operational side of derivative usage to include contract analysis counterparty assessment valuation determination exposure measurement collateral management clearing and settlement issues.

  • Masters in quantitative finance or financial economics with derivatives focus ideal.

  • Prior equity portfolio management experience a positive.

  • Financial & accounting background a plus

  • Canadian certification in Futures Options and Derivatives with tup-to-date experiential requirements preferred.

  • Coding skills are an asset (Python SQL)

No unsolicited agency referrals please.

AGF isan equal opportunity employer committed to fostering an inclusive and accessible workplace. We welcome and encourage applications from individuals of all backgrounds including women Indigenous peoples racialized persons persons with disabilities and members of the 2SLGBTQIA community.

We do not discriminate on the basis of race national or ethnic origin colour religion age sex sexual orientation gender identity or expression marital status family status disability or any other status protected by applicable legislation.

We are committed to providing reasonable accommodations forapplicants with disabilities throughout the recruitment process. If you require accommodation at any stage of the application or hiring process please contact us at so that appropriate arrangements can be made.

# R11222
About AGF:Founded in 1957 AGF is an independent and globally diverse asset management firm. With $57B in assets under management our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments AGF Capital Partners and AGF Private Wealth.A...
View more view more

Key Skills

  • Abinitio
  • Apache Tomcat
  • Ethernet
  • Hotel Management
  • Financial Planning & Analysis
  • AV