Associate Director Bond Investments

Job Description

Overview

Permanent Full Time. The Money Market Investment team is responsible for managing Canada Life’s liquidity along with the liquidity of certain segregated funds. The team also supports Great-West Lifeco’s corporate initiatives related to acquisitions, dividends, and financing activities, which require short-term investments and foreign exchange transactions.

As an Associate Director, you will play a key role in managing the money market portfolios and overseeing daily cash management activities. This includes preparing and reviewing cash management forecasts, executing trades, and ensuring optimal liquidity positioning. The portfolio currently exceeds $2 billion, and annual trading volumes are more than $25 billion. You will interact daily with the investment dealer community and collaborate closely with portfolio managers and banking operations. Staying informed on economic developments and market conditions will be critical to supporting investment decisions.

Key Responsibilities

• Manage daily liquidity and cash positioning for Canada Life and select segregated funds.


• Prepare and review cash management forecasts for investment purposes.


• Execute short-term investment and foreign exchange transactions.


• Monitor market conditions and economic developments to inform decision-making.


• Maintain strong relationships with the investment dealer community.


• Collaborate with internal stakeholders, including portfolio managers and banking operations.


• Contribute to process improvements and risk management initiatives within the money market function.

Qualifications

• Post-secondary degree in business, finance, or accounting.


• CFA designation or active pursuit of the designation would be preferred.


• Minimum 5 years of experience in money markets, fixed income, or related investment roles.


• Strong analytical and computer skills, including proficiency with trading and portfolio management systems.


• Excellent time management skills with the ability to prioritise and multi-task in a high-paced environment.


• Demonstrated ability to make and support sound investment recommendations.

Compensation

The base salary for this position is between $66,700 - $116,700 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Application and Opportunities

Career opportunities will be open a minimum of 5 business days from the date of posting; closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

About Great-West Lifeco & Canada Life

Be your best at Great-West Lifeco and Canada Life - Apply today!

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life.

At the end of 2023, our companies had over 33,500 employees, 232,000 advisor relationships, and thousands of distribution partners – serving approximately 42 million customer relationships. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

Inclusion & Accessibility

We are a diverse and inclusive workplace where your career and well-being are championed. We are committed to providing an inclusive, 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 to creating an environment where every employee has the opportunity to reach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Note

We would like to thank all applicants, however only those who qualify for an interview will be contacted.