At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the partner of choice for Ontario’s public sector funds and build a high-performing, value-based Asset Management firm in the heart of downtown Toronto. If you are ready to drive best-in-class service, and join a collaborative, motivated, and fun team of professionals, we’re ready to offer you a great place to work with exciting opportunities for growth and development. If you want to use your expertise to drive strategic business outcomes, then we want you at IMCO! Reporting to the Managing Director, Foreign Exchange, the Associate Portfolio Manager, Total Portfolio and Capital Markets, will be primarily responsible for (a) achieving best execution in foreign exchange trading, (b) supporting the design and implementation of FX hedging strategies and (c) developing analytical tools and models to support the management of IMCO’s FX execution and hedging initiatives. As a Member of Our Team, You Will be Responsible For: Execute FX trades across spot, forwards, swaps, and futures, ensuring best execution and adherence to IMCO’s trading protocols Maintain strong and professional relationships with external trading counterparties Stay abreast of market structure developments and regulatory changes in global FX markets Support FX hedging strategy design and execution, including the development of analytical tools and models that enhance exposure measurement and reporting accuracy and timeliness Collaborate with external FX management partners on a variety of FX management initiatives and maintain collaborative, high-trust relationships. Provide FX market/macro insights to IMCO’s investment teams as required Work closely with other members of IMCO’s Total Portfolio and Capital Markets team and centralized trading desk Collaborate with Investment Operations and Information Technology, as well as other internal stakeholders, on trading-related initiatives Ensure internal stakeholders are informed and engaged on FX transactions and related activities What do you need to succeed? Minimum of 5 years of experience in an FX trading role, with a strong working knowledge of money market principles, including interest rate dynamics and liquidity management Bachelor or Master’s degree in a STEM discipline (e.g., Economics, Engineering, Computer Science, Actuarial Science) CFA designation or progress toward it is an asset Proficiency in one or more programming languages, such as Python, MATLAB, Excel VBA, and SQL Hands-on experience with Bloomberg AIM and other order/execution management systems (OMS/EMS) Strong communication and interpersonal skills, with the ability to work effectively across teams Strong ethical judgment and a proactive commitment to compliance with regulatory standards What IMCO can offer you: We thrive on the challenge to be our best, to deliver an unparalleled employee experience and to work as one team to continuously improve the management of broader public-sector investment funds. In addition to offering a competitive salary and comprehensive benefit package, we pride ourselves on helping you reach your potential, making a difference in our communities, and achieving success that is mutual. We thank all applicants, however, only those selected for an interview will be contacted. Our hybrid work model offers flexibility and provides our employees with the opportunity to lead a well-balanced life. Our Corporation’s offices located at 16 York Street, Suite 2400, Toronto, ON M5J 0E6 provide a welcoming space for employees to gather, work collaboratively, and grow together. IMCO is committed to providing accommodation for people with disabilities in its recruitment process. Please advise IMCO if you require an accommodation and we will work with you to meet your needs. Candidates being considered for this position will be required to submit to a background screening. The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $86 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public-sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.
