Portfolio Manager, Treasury and Investments - Finance

Description

Treasury and Investments within Finance is currently seeking two Full-time Regular Portfolio Managers.

Reporting to the Director of Treasury & Investments, the Portfolio Manager works with complex finance, treasury, banking, and investment systems and processes while maintaining a portfolio of external investment managers and/or strategies utilizing quantitative, qualitative and interpersonal skills. 

The Portfolio Manager demonstrates the ability to work in a high volume environment with frequent interruptions, ambiguity and changing priorities and is required to manage their own time and hours of work to ensure deliverables are completed on a timely basis, while successfully meeting the needs of various parties.

Summary of Key Responsibilities (job functions include but are not limited to):

Portfolio Management

• Management of potential and existing investment manager relationships and leading searches for new managers, investment consultants and external legal counsel.
• Risk management, compliance and reporting for the investment portfolio.
• Regularly meet with investment managers and track their progress.
• Responsible for oversight of external managers and consultants.
• Address manager compliance concerns with the university's investment policies.
• Lead transitions between managers or mandates.
• Support reviews of the university's asset mix.
• Lead implementation of new investment strategies.
• Recommend benchmarks for new asset classes or evaluate the appropriateness of externally recommended benchmarks.
• Responsible for developing investment reports to assist management and the Investment Committee in decision making.
• Ensures that risks to the university's investments are properly addressed/escalated.
• Perform due diligence and monitor and report on changes in external investment manager personnel, process or strategy.
• Compare existing managers to similar mandates and market indices.
• Review attribution analysis and report on drivers of underperformance/outperformance by managers.
• Responds to, reviews and analyzes results of endowment surveys.
• Ensure blended returns for endowed and non endowed funds are verified monthly and quarterly with any discrepancies addressed and resolved.
• Research and monitor best practices and trends in the investment industry.

People Management and Other Responsibilities

• Hire and train direct report(s)
• Ensure effective policies, procedures and systems are in place that ensure best practices are followed.
• Set goals, monitor, and evaluate performance of direct report.
• Ensure the unit meets or exceeds internal/external stakeholder expectations.
• Maintain proper and accurate records in relation to investment mandates including regular updates to reports and/or procedure manuals.
• Proactively research emerging tools for investment management.
• Provide Auditors with relevant information regarding investment accounts and external managers particularly over year-end.
• Provide support and analysis related to technology, policies, process and controls that are needed to support the University of Calgary's investment activities.

Communications

• Proactively develop and maintain respectful, trustworthy, productive, problem-solving working relationships with colleagues, staff, line managers and external consultants.
• Communications are timely, informative, confidential and appropriately tailored to the level of the end user.
• Regularly meet with external investment managers to evaluate investment options and strategies for endowed and non-endowed funds.
• Communicate effectively and appropriately with custodians, consultants and investment advisors.

Qualifications / Requirements:

• A Chartered Financial Analyst (CFA) designation with a University degree in Finance, Economics or Accounting or equivalent combination of education and experience.
• Significant work experience in finance and investments (5-8 years).
• Knowledge of, and experience with, alternative /private market investments (private equity, hedge funds, infrastructure, private credit, real estate) strongly preferred.
• Aware of global best practices in investment management.
• Strong understanding of major asset classes and financial securities markets, both short-term and long-term, and their correlation characteristics.
• Solid working knowledge of the University of Calgary's core business systems would be an asset.
• Executes strong attention to detail and high level of accuracy required.
• Strong systems skills, including experience with Microsoft Office Suite (Outlook, Word, Excel, PowerPoint) required.
• Developed investigative and analytical skills with a focus on process improvement.
• Must be able to take initiative and work effectively both independently and in a team environment.
• Able to think critically and act logically to evaluate situations and generate required steps to ensure success.
• Excellent interpersonal and communication skills, and superior organizational skills.
• Leadership skills and experience would be valuable.

Application Deadline:  March 25, 2025

We would like to thank all applicants in advance for submitting their resumes. Please note, only those candidates chosen to continue on through the selection process will be contacted.

This position is classified in the Professional Career Band, Level 4 of the Management and Professional Staff Career Framework. 

For a listing of all management and staff opportunities at the University of Calgary, view our Management and Staff Careers website. 

About the University of Calgary

UCalgary is Canada's entrepreneurial university, located in Canada's most enterprising city. It is a top research university and one of the highest-ranked universities of its age. Founded in 1966, its 36,000 students experience an innovative learning environment, made rich by research, hands-on experiences and entrepreneurial thinking. It is Canada's leader in the creation of start-ups. Start something today at the University of Calgary. For more information, visit ucalgary.ca.

The University of Calgary has launched an institution-wide Indigenous Strategy committing to creating a rich, vibrant, and culturally competent campus that welcomes and supports Indigenous Peoples, encourages Indigenous community partnerships, is inclusive of Indigenous perspectives in all that we do.

As an equitable and inclusive employer, the University of Calgary recognizes that a diverse staff/faculty benefits and enriches the work, learning and research experiences of the entire campus and greater community. We are committed to removing barriers that have been historically encountered by some people in our society. We strive to recruit individuals who will further enhance our diversity and will support their academic and professional success while they are here. In particular, we encourage members of the designated groups (women, Indigenous peoples, persons with disabilities, members of visible/racialized minorities, and diverse sexual orientation and gender identities) to apply. To ensure a fair and equitable assessment, we offer accommodation at any stage during the recruitment process to applicants with disabilities. Questions regarding [diversity] EDI at UCalgary can be sent to the Office of Institutional Commitments ([email protected]) and requests for accommodations can be sent to Human Resources ([email protected]).

Do you have most but not all the qualifications? Research show that women, racialized and visible minorities, and persons with disabilities are less likely to apply for jobs unless they meet every single qualification. At UCalgary we are committed to achieving equitable, diverse, inclusive and accessible employment practices and workplaces and encourage you to apply if you believe you are right for this role. 

We encourage all qualified applicants to apply, however preference will be given to Canadian citizens and permanent residents of Canada.