Bimcor is a wholly-owned subsidiary of Bell Canada established in 1983 with responsibility for the investment management of the pension plans of the BCE group of companies. Assets under management as of December 31, 2014 were approximately $15 Billion.
The incumbent is part of the Investment Team and accountable for money market investments, cash management operations and currency hedging. In addition to the primary role the Trader – Money Markets and Foreign Exchange will assist in monitoring fixed income portfolios and provide related analyses.
Major Duties and Responsibilities:
- Manage pension fund portfolios of short term securities to maximize yields and preserve capital
- Monitor and manage cash positions and liquidity requirements in various portfolios of the pension fund and invest excess cash balances in short term securities
- Monitor foreign currency exposures and implement currency hedges and execute spot transactions to meet foreign exchange cash requirements
- Assist in the management of portfolios, notably with regard to implementation of rebalancing policies
- Build and maintain financial models to assist in the management of money market, foreign currency exposures, and passive bond portfolios
- Coordinate the issuance of Canadian and U.S. dollar commercial paper for Bell Canada
- Manage relationships and evaluate credit risk of counterparties
- Stay abreast of developments in fixed income and money markets and inform the Investment Team of relevant trends and issues
- Work with the back office to ensure quality of data and reports
- Conduct related analyses and participate to ad hoc projects as required
Qualifications/Competencies:
- Bachelor degree with a concentration in finance or a related field
- Two to ten years of related work experience, including trading money market and foreign exchange instruments
- Bond portfolio management or derivative trading experience are assets
- Completed CFA Level 1 or Canadian Investment Manager designation
- Excellent analytical skills
- Detail-oriented, committed to accuracy and strong organizational skills
- Ability to handle multiple ongoing tasks and manage short deadlines
- Commitment to continuous improvement of skills and knowledge base
- Mature, flexible, highly motivated professional team player with strong communication skills
BCE:WKP #Feature *LI-SH
Bilingualism is an asset (English and French)
Additional Information:
Position Type: Management
Job Location: Canada : Quebec : Montreal
Application Deadline: 06/13/2015
Please apply directly online to be considered for this role. Applications through email will not be accepted.
Bell is committed to fostering an inclusive, equitable, and accessible environment where all employees and customers feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live and serve, and where every team member has the opportunity to reach their full potential.
Created: Canada, QC, Montreal