The successful candidate will be responsible for supporting the Financial Institutions Team’s most senior analysts in the administration of their fixed income portfolios and reinsurance counterparties. Specific responsibilities will include writing annual reviews of portfolio investments, preparing sector reviews, updating financial results, reviewing company publications and third-party research, meeting with management teams, rating agencies and sell-side professionals. The successful candidate must demonstrate an ability to perform the following functions or the capacity to attain proficiency in them after entering the position.
Occasional travel may be required.
Position Responsibilities
Investment & Reinsurance Counterparty Administration
Identify and analyze company-specific and industry-wide investment risks. Develop a framework for developing credit ratings and rating tolerances. Translate investment risks into a credit rating. Become familiar with deal-specific and industry-standard documentation.
Attend management presentations and actively participate in discussions on company strategy and performance where appropriate. Interface and build relationships with sell-side and third-party research analysts. Prepare comprehensive written reviews of individual investments which include annual reviews and sector reviews.
Communicate changes in investment risk across the investment team and broader investment management complex on a timely basis. Support the company's reinsurance coverage program by reviewing new counterparty applications and preparing assessment reports for existing counterparties, including addendums, certifications, annual and sector reviews, and quarterly loan reviews. Serve as a key reinsurance liaison among business units, offshore teams, Credit Risk Management, and other relevant stakeholders to facilitate effective communication and coordination.
New Investment Opportunities
Contribute to efforts in researching markets, companies and industries for identifying new investment opportunities. Contribute to and participate in a due diligence process that includes meeting with issuer management and the development of documentation. Contribute to the preparation of investment memoranda in support of investment recommendations.
Interface with Credit, Trading and Portfolio Management for your portfolio companies, and serve as a backup analyst in the absence of the primary analyst.
Corporate Outreach
Attend and represent MFC/JH at conferences, roadshows and management meetings. Contribute to junior analysts and intern recruitment efforts.
Required Qualifications
- 1-3 years of relevant experience, preferably with Financial Institutions experience in the banking and insurance sectors.
- A bachelor’s degree in finance, business, accounting, or economics.
- Well-developed quantitative and qualitative analytical skills.
- Strong accounting and financial statement analysis skills.
- Highly developed written and verbal presentation skills.
- Competency in office software.
- Ability to think outside the box.
- Collaborative and highly engaged team player.
- Pursuing or planning to pursue the CPA, CFA designation or an MBA.
When you join our team
We’ll empower you to learn and grow the career you want. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Equal Opportunity Employer
Manulife is an Equal Chance Employer At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. 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 Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact
[email protected].
Referenced Salary Location
Toronto, Ontario
Working Arrangement
Hybrid
Salary range
Salary range is expected to be between $94,250.00 CAD - $144,250.00 CAD Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact
[email protected] for the salary range for your location.
Benefits
- Health, dental, mental health, vision, short- and long-term disability, life and AD&D; insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans.
- Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence.
- If you are applying for this role in the U.S., please contact
[email protected] for more information about U.S.-specific paid time off provisions.
- We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
Data & privacy
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.
Mission statement
We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions.
Recent awards
- 2024 Gallup Exceptional Workplace Award Winner
- Manulife Named one of Forbes World’s Best Employers
- 2023 Best Companies to Work for in Asia
- 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024)
- Manulife included in Bloomberg’s 2023 Gender-Equality Index
Job alerts
To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.
The role being advertised is an existing vacancy.
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