Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians.What we offerWork‐life flexibilityHybrid work environmentVariable annual incentive planGenerous annual vacation allotmentTop‐notch flexible benefits plan including family building and gender affirmationRetirement Plan, matched contributions at 6%Access to a learning platform and educational assistance supportAccess to a virtual wellness platformCareer development opportunitiesWellness Flex Fund to support personal interests and activitiesDay off to volunteer in your community and other paid time off optionsCorporate discounts (subject to employment agreement)Job SummaryAs a Portfolio Manager on the Central 1 Team, you will oversee Central1's $6billion Treasury Securities Portfolio, managing a diverse mix of Canadian and U.S. dollar investments that support the organization's liquidity needs while driving financial performance. You will shape and execute investment strategies, balance risk and return within established policies, and contribute directly to Central1's financial strength and long‐term success.ResponsibilitiesProvide financial return for the organization while delivering liquidity for Central1's business activitiesDevelop and execute strategies to enhance returns across Central1's Securities PortfolioOutperform the benchmarks established for the PortfolioPrepare and deliver reports, presentations, analysis and commentaries detailing historic performance, strategies, opportunities and risks for the ALCO, MRC, ELT and Board Risk CommitteeEnsure the portfolio meets day‐to‐day and long‐term liquidity needsSupport and refine Central1's approach to incorporating ESG factors into the investment processEnsure all account documentation and actions meet Central1 and external regulatory compliance requirementsStructure and manage the portfolio within the parameters outlined in the Credit and Counterparty Risk Policy, Market Risk Policy,



Investment Standard and Liquidity and Funding PolicyReview and respond to risk management reportsRespond to credit union inquiries as subject‐matter expertQualificationsUndergraduate or Master's degree in Finance and/or Business Administration and a Chartered Financial Analyst (CFA) designation5+ years financial management experience with a strong understanding of fixed‐income and derivative marketsStrong quantitative techniques, analytical skills and significant trading experience with fixed‐income securities and financial derivativesAbility to manage the risks and returns of a large investment portfolio prudentlyBackground in delivering robust, sustainable returnsOperational understanding of financial accounting, including IFRS and BaselIII Capital and Liquidity RulesExperience working with credit unions and/or within the credit union system is an assetProficiency in MS Office, especially Excel and PowerPointAdvanced knowledge of Bloomberg and CanDealExcellent verbal and written communication skillsUnderstanding of capital markets etiquette and relationship building with financial and market professionalsCross‐departmental and divisional interaction requiredStrategic problem‐solver with a practical bias to drive impactSelf‐motivated, intellectually curious, and committed to continuous improvement, learning and professional developmentAbility to manage multiple tasks concurrentlyCompensationSalary range: $110,000–$130,000 plus variable annual pay incentive of 30%–45%. The salary represents the rate for a fully competent candidate; actual pay will vary with market conditions and relevant factors such as experience and qualifications.Recruitment and Equal OpportunityCentral1 does not use Artificial Intelligence (AI) technology to screen, assess, or select applicants during its recruitment process. This posting is for an existing, specific vacancy within the organization.Central1 is an equal‐opportunity employer committed to building an inclusive workforce by creating an environment where everyone feels they belong and has the opportunity to succeed. We welcome all applicants and will provide an accessible candidate experience, including accommodations and alternate formats upon request.

📌 Portfolio Manager-(Hybrid) (Ottawa)
🏢 Central 1
📍 Ottawa