Senior Credit Research Analyst 1832 Asset Management

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: 7 hours ago

Vacancies: 1 Vacancy

Job Summary

Requisition ID: 246792

Join a purpose driven winning team committed to results in an inclusive and high-performing culture.

1832 Asset Management L.P. is one of Canadas largest asset managers and offers a comprehensive range of solutions through Dynamic Funds and ScotiaFunds spanning every major sector geographic region and investment discipline. The firm and its predecessor companies have been providing asset management services in Canada since 1877 as a manager of mutual funds and providing investment solutions for private clients institutions foundations endowments and managed asset programs.

Today the firm has over $223 billion in assets under management and its experienced investment management team is active across capital markets and asset classes deploying traditional and innovative strategies driven to deliver investment management excellence for our clients across our domestic and international businesses.

1832 Asset Management L.P. is a limited partnership the general partner of which is wholly owned by Scotiabank.

Is this role right for you

As a member of Credit Research Team at 1832 Asset Management L.P. and as the Credit Research Analyst Fixed Income you are responsible for fundamental analysis of investment grade and high yield bonds structured products and hybrid securities focused primarily on North American credit opportunities. You are responsible for providing in-depth and perceptive research and analysis.

As the Credit Research Analyst Fixed Income you will be required to make recommendations to fixed income portfolio managers based on an analysis of credit fundamentals. You will also be responsible for the maintenance of credit files sufficient to satisfy compliance regulatory and internal fund manager requirements. This will require gathering and analysis of relevant financial quantitative and qualitative industry economic regulatory and company-specific data.

In this role you will be:

Performing fundamental credit analysis and financial modeling of companies and securitized products

Analyzing corporate structures and covenants making recommendations regarding the relative attractiveness of debt hybrid debt and preferred shares

Preparing credit summaries and credit recommendations under the direction of the Head of Credit Research

Maintaining a database to facilitate the ongoing monitoring of credit risk positions and watch lists

Monitoring universe of potential investment opportunities and current holdings in the various Fixed Income portfolios by gathering consolidating and interpreting industry company and economic information from sources such as:

- Corporate annual reports and other regulatory filings

- Industry publications and online periodicals

- Institutional research and Management interviews

Participation in meetings with corporate management teams investment bankers and analysts with senior members of the Fixed Income team documenting and reporting on meetings and other relevant news to the Fixed Income team

The fundamental research process will include travel to industry conferences and corporate management meetings

Identifying and communicating in a timely manner improving or deteriorating corporate credits

Do you have the skills and requirements that will enable you to succeed in this role Wed love to work with you if have:

Undergraduate degree in Accounting Finance Commerce or related field

Completion of the CFA designation

Seasoned and experienced credit professional with minimum 10-12 years of experience in credit/investment analysis or related discipline

Experience with detailed modeling of company financial information

Strong analytical evaluative and problem-solving abilities

Functional capability with financial analysis software

Self-motivated and results driven

Proven ability to work effectively as part of a team of investment professionals

Location(s): Canada : Ontario : Toronto

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.

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. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.

Required Experience:

Senior IC

Requisition ID: 246792Join a purpose driven winning team committed to results in an inclusive and high-performing culture.1832 Asset Management L.P. is one of Canadas largest asset managers and offers a comprehensive range of solutions through Dynamic Funds and ScotiaFunds spanning every major secto...