Picton Mahoney Asset Management Hiring For Manager/Director, Wealth Services at Toronto, ON Full Time

Our Company

Picton Mahoney Asset Management (“PMAM”) was founded in 2004 to provide unique investment solutions to institutional, retail, and high net worth investors in Canada and around the world. We are proud to say that we are 100% employee-owned and manage approximately $10 billion in sub-advisory, pension plan and hedge fund assets on behalf of our clients. We are honoured to make the ranks as one of Canada’s Top-8 Employers as recognized through Great Place to Work™ in 2020 and 2021, Canada’s 2020 and 2021 Best Workplaces™ in Financial Services & Insurance, 2021 Best Workplaces™ for Women, 2021 Best Workplaces for Inclusion, and 2020 and 2021 Best Workplace™ in Ontario. The core values at Picton Mahoney guide the employee experience and contribute to the culture which fosters strong, transparent relationships.

Why Work at Picton Mahoney?

Picton Mahoney Asset Management is a place where employees can be proud of building a rewarding career that offers growth and the opportunity to evolve within a supportive culture that focuses on professional development. Over the past 15 years, we have learned from feedback and have developed strategies and programs that enhance employee engagement and improve the employee experience. As our values state: We work together; fully engaged and aligned. We support each other, and our actions contribute to the strategic goals of our firm. We are highly focused on continuous improvement while driving positive change and stronger results across our team and the firm. We believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. We are committed to performance, excellence and winning. At Picton Mahoney, “stepping up” is an action, not a thought, which results in the development and implementation of those ideas. We accept full responsibility for personal performance and results. We believe in being open when providing and receiving feedback, because it makes us better at what we do best.

The Opportunity

Picton Mahoney Asset Management is expanding its innovative wealth platform and is presently seeking a self-driven operations leader to support the launch and growth of this exciting initiative. The Manager/Director, Wealth Services will be responsible for building and supporting the day-to-day activities of our wealth platform while ensuring they are delivered in compliance with our regulators and internal policies. The successful candidate will be a self-starter, have prior middle/back-office experience with an asset/wealth manager, and be willing to lead by example by rolling up their sleeves during early stages of the platform to expansion. Being a part of this new venture means there will be plenty of opportunities to learn, explore different parts of the business as the role will be involved in a wide variety of tasks, bring new ideas to life, and evolve as the business grows.

Responsibilities of the Role

• Responsible for portfolio management operations and administration of our wealth platform.
• Support investment counselling team with client onboarding and account opening.
• Facilitate day-to-day trading activities including portfolio modelling, bulk trading instructions to trade desk, client allocation instructions to custodian, and daily reconciliation.
• Ensure proper regulatory controls are in place and work with compliance to resolve any issues that arise.
• Develop and document all operational, administration, and workflow processes from start-up to expansion.
• Work closely with vendors to shape custody and technology solutions to maximize operational efficiency and provide superior client experience.
• Collaborate with internal partners to deliver on strategic initiatives.
• Manage assigned projects and ensure business benefits are realized.
• Support recruiting and training efforts.

The Qualifications and Experience Required

• Exceptional client service commitment and experience to exceed the needs of stakeholders.
• Relevant prior experience operating in a leadership role in asset/wealth management.
• Thrive working and leading in ambiguous (start-up) high-pressured environments.
• Exposure to portfolio management, trading, compliance, and investment operations for an asset/wealth manager
• Proven ability to manage multiple diverse projects concurrently while obtaining required deliverables on time and within budget.
• Sound business acumen and judgement.
• Excellent interpersonal, motivational, influencing, and relationship-building skills.
• Strong ability to build and influence relationships to improve and maintain internal/external partnerships.
• Exceptional written and oral communication skills.
• Great aptitude, interest, and proven accomplishments as an agent of change.
• Excellent organization skills.
• Innovating problem solving skills.
• Strong achievement orientation.
• Completion of CFA or CIM is an asset.

Competencies of a Successful Leader at Picton Mahoney

• Results-Oriented: Does everything to be as productive as possible; keeps 100% focused on work; takes initiative to start and complete tasks.
• Collaboration: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization. Builds appropriate rapport; Builds constructive and effective relationships using diplomacy and tact; Can diffuse even high-tension situations comfortably.
• Critical Thinking: Able to objectively examine assumptions and beliefs; Makes decisions that impact problems at their cause rather than just the symptom; Uses a decision-making approach that is fair and accurate; Demonstrates insightful understanding of the organizational context and priorities; Foresees long-term implications of proposed positions.
• Customer Focus: Communicates in a positive manner, especially when handling complaints or conflict; efficiently obtains additional resources as needed to satisfy customer needs. Can refer internal or external people to the correct person in the organization.
• Cultivates Innovation: Total understanding of the marketplace for products and services (what are the benefits to your customer and why do they buy your product); Is able to select from among many possible creative ideas for new products and services, those which would have the highest likelihood of success in the marketplace; Taking the raw idea and managing the transition to a successful product or process in the marketplace.
• Functional/Technical Skills: Understands technical expectations of the job and uses all resources available to improve effectiveness within the organization.
• Passion for Results: Can be counted on to exceed expectations on a regular basis; Is constantly and consistently one of the top performers; Very bottom-line oriented; Steadfastly pushes self and others for results.
• Personal Learning or Self-Development: Engages in continuous self-development; Tackles challenges with enthusiasm and determination; Admits mistakes and openly identifies opportunities for personal growth; Knows personal strengths, weaknesses, opportunities, and limits.

Above all, we’re looking for individuals with a mindset to think differently and who are inspired to make BIG impact. If you think that you will excel in this multi-faceted role, we want to hear from you!

Our Commitment to Employees

Picton Mahoney Asset Management is proud to offer our employees with generous perks and programs that enhance the career experience with our firm, including: Corporate Wellness & Fitness Reimbursement, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, Generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account and more.

Health and Safety

We are doing our part to ensure the health and safety of all of our employees and visitors and to reduce the spread of COVID-19. Our office will allow for social distancing and ensuring new routines are followed, such as hand sanitizing, thorough disinfection and cleaning, mask wearing, and other protective equipment. In addition, all employees and visitors who visit our office will be mandated to be fully vaccinated against COVID-19.

Picton Mahoney Asset Management is proud to be recognized by Great Place to Work® as a 2021 “Best Workplaces for Inclusion” and 2021 “Best Workplaces for Women”. We are committed to providing an equitable and fair work environment for everyone and all hiring and other personnel actions will be taken without regard to race, colour, creed, religion, sex, disability, gender identity, gender expression, family status, age, language or national origin. If you require an accommodation at any point in time throughout the application and hiring process, please contact Human Resources at (416) 955-4108 or at [email protected]