Associate, Wealth Services

Job title:

Associate, Wealth Services

Company

Picton Mahoney Asset Management

Job description

Great Place to Work™ 2020, 2021, 2022, 2023, 2024 |Best Workplaces™ with Most Trusted Executive Teams 2024 | Best Workplaces™ in Financial Services & Insurance 2020, 2021, 2022, 2023, 2024 | Best Workplaces™ for Mental Wellness 2023, 2024 | Best Workplaces™ for Giving Back 2022 | Best Workplaces™ for Women 2021 | Best Workplaces for Inclusion 2021, 2024 | Best Workplaces™ in Ontario 2020 and 2021Our CompanyPicton 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 $10.8 billion in sub-advisory, pension plan and hedge fund assets on behalf of our clients. 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 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 believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. We believe in the concept of “unity in diversity” and are driven by a collaborative spirit to achieve our goals. 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 prioritize growth and innovation and 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 OpportunityPicton Mahoney Asset Management is expanding its innovative wealth offering and is presently seeking a self-driven, organized, detail-oriented, and client-focused team player to join our team. The Associate, Wealth Services will provide operations and service support to our Investment Counsellors and wealth business. The role is instrumental in ensuring the exceptional delivery of our investment solutions, portfolio administration, and client servicing.Responsibilities of the RolePortfolio Administration

• Reconcile daily prices, positions and transactions to ensure alignment with trading activity and custodian.
• Facilitate client transactions with Investment Counsellors and custodian including account opening, deposits, withdrawals, and asset transfers.
• Support Investment Counsellors with the monitoring and rebalancing of client portfolios. Ensure trades are processed accurately and on a timely basis.
• Set up new securities and review corporate actions for accuracy
• Liaise with internal and external partners to resolve issues promptly.
• Continually strive for operational excellence; seek ways to streamline and automate processes, create operational efficiencies and foster a culture of continuous improvement.

Client Service

• Facilitate and manage all aspects of account opening and documentation for new clients, ensuring it is completed timely and accurately.
• Support Investment Counsellors in preparation and execution of client meetings, proposals and annual reviews.
• Maintain notes, records and files, and attend client meetings as required.
• Liaise with clients to execute requests, address inquiries, and ensure any issue is resolved with urgency.
• Prepare routine and ad-hoc reporting as required.
• Provide recommendations to improve the client experience, add value and enhance efficiencies.

Compliance

• Coordinate account onboarding documentation with Compliance for approval
• Ensure all activities comply with regulatory requirements and internal policies.
• Maintain accurate records and documentation in compliance with regulatory requirements and internal policies.
• Monitor and mitigate potential risks associated with client accounts and transactions.

The Qualifications and Experience Required

• University degree in Finance, Business, Economics, Accounting, or a related field.
• 2+ years in the financial services industry, preferably in investment or wealth management.

• Advanced proficiency with Microsoft Office, particularly MS Excel and coding in VBA a plus.
• Prior experience using wealth management systems is an asset.

• Strong analytical and conceptual thinker who works well in a fast-paced, dynamic, and unstructured environment.
• Superior attention to detail and the ability to manage multiple tasks and deadlines.
• Self-motivated and able to operate independently, taking initiative to identify and solve problems.
• Excellent interpersonal, communication, and listening skills to effectively interact with clients and stakeholders.
• A strong commitment to providing exceptional client service and building long-term relationships.
• A collaborative approach with a focus on shared success and contributing to a positive team environment.

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 EmployeesAt Picton Mahoney Asset Management, we take pride in elevating our employees’ experiences through an array of exceptional perks and programs. Enjoy a suite of benefits including a Lifestyle Spending Account, that includes Corporate Wellness & Fitness Reimbursement, Women in Capital Markets partnership, Women Executive Membership, Volunteer Days, Charitable Matching, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, a generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account, and more. These offerings are crafted to enhance your career journey and overall well-being. Join us in an environment that values your growth and success!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

Expected salary

Location

Toronto, ON

Job date

Sat, 31 Aug 2024 05:04:27 GMT

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