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Job Description
The Investment Management Research Team (IMR) is responsible for the oversight and fulfillment recommendations of CIBC Asset Management’s (CAM) investment strategies, as well for coordinating with Portfolio Management & Research, Product, and Distribution teams to develop portfolio construction recommendations for the firm’s managed solutions programs.
CAM is currently advancing its Alternative Investments strategy and is seeking an experienced individual to contribute to the evolution of this initiative. The incumbent will be responsible for the initial and ongoing research, and monitoring of the program. The Alternative strategy will potentially include (but is not limited to):
Strategic partnerships with outside organizations with a combination of compelling product offerings (on a standalone basis) and co-investment opportunities (inside of managed solutions) Build-up of internal/related resources to develop strong fulfillment on well-researched ideas that enhance total portfolio outcomes. Strategic acquisitions & Sub-advisory relationships
What you’ll be doing
As a Director, Alternative Investment Research, you will evaluate potential alternative managers (private real estate, private credit, private infrastructure, private equity, hedge funds, etc.) based on relevant offerings inside of Universes, as well as those introduced through advisors, counsellors, capital markets, corporate banking, commercial banking, etc. You will also optimize views based on investment merits, and business development interests, while managing relationships for the benefit of all CIBC stakeholders
The incumbent will evaluate co-investment opportunities for use inside of managed solutions, reviewing risks and reward of the asset in the context of the portfolio, and desired outcomes. You will present analysis to the decision-committee, and contribute to decisions through deep research, fact-finding, and the ability to process information into an investment signal
How you’ll succeed
Manage ongoing relationships with internal and external Alternatives managers, including day-to-day operational elements that may arise
Consult to internally-managed alternatives capabilities , recommending best practices that will improve outcomes.
Monitor alternatives mandates on CAM’s platforms for performance versus expectations on a monthly basis, and make recommendations to CAM on any deficiencies
Become a recognized thought leader in alternatives , through writing of client-friendly whitepapers and presentations to advisors, working with CAM client PMs, and other investment professionals. Represent the decision-making process to internal and external stakeholders, and promote the merits of CAM’s Alternative strategy with this context
Who you are
You can demonstrate experience in evaluating co-investments (i.e., supplemental research to the GP), including an assessment of the quality of opportunity, and a framework for valuation attractiveness, risk, and a demonstrated track record of making profitable recommendations. You will ideally have 7-10 years of experience in private and alternative strategy experience.
You exhibit the ability to clearly articulate views , demonstrated through a history of writing effective research reports, and strong verbal communication skills combined with deep understanding of operational elements of managing alternative investments
You’re passionate about people . You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
You act like an owner. You thrive when you’re empowered to take the lead, go above and beyond, and deliver results
Values matter to you . You bring your real self to work and you live our values – trust, teamwork and accountability.
What CIBC Offers
At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:
Thrive : Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
Connect : Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
Develop : Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
Prosper : Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
What You Need to Know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation during the application or interview process, please contact [email protected]
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit
Expected End Date
2021-06-30
Job Location
Toronto-CC West 11th Floor
Employment Type
Regular
Weekly Hours
37.5
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