We are seeking a full‑time permanent Portfolio Manager to join our Investment Management team. The Portfolio Manager will play a key role in managing North American investment‑grade corporate credit portfolios across both CAD and USD mandates. The successful candidate will bring 7+ years of institutional fixed income experience with a demonstrated track record of generating investment ideas, constructing portfolios, and contributing to investment performance within corporate credit markets. They will possess deep expertise across primary and secondary investment‑grade bond markets, strong issuer and sector knowledge, and established relationships with dealer trading desks, syndicate teams, issuers, and other market participants. This role is best suited to an experienced buy‑side portfolio manager, senior credit investor, or institutional fixed income professional who combines robust fundamental credit analysis with market insight, relative value expertise, and sound portfolio construction judgment.ResponsibilitiesPortfolio Management & Portfolio ConstructionContribute meaningfully to portfolio construction, risk budgeting, and investment decision‑making across CAD and USD investment‑grade corporate credit portfolios.Develop and implement high‑conviction investment ideas based on fundamental, technical, and relative value analysis.Assess portfolio exposures across sectors, issuers, ratings, duration, spread duration, liquidity, and concentration limits.Identify opportunities to enhance risk‑adjusted returns through security selection, sector allocation,



and relative value positioning.Participate in investment committee discussions and portfolio reviews, providing independent recommendations and market insights.Credit Investing & ResearchDevelop independent views on issuers, sectors, and broader credit markets.Analyze company fundamentals, capital structures, leverage trends, earnings performance, and credit trajectories.Evaluate opportunities across primary and secondary markets, identifying mispriced securities and attractive risk‑adjusted return opportunities.Incorporate macroeconomic developments, monetary policy, interest‑rate dynamics, and credit cycle considerations into portfolio positioning.Partner closely with research colleagues to challenge assumptions, refine investment theses, and identify emerging risks and opportunities.Market Engagement & ExecutionMaintain active relationships with dealer trading desks, syndicate teams, issuers, and institutional market participants.Evaluate and execute primary market opportunities, including new issue pricing, allocations, and relative value assessment.Monitor market technicals, fund flows, supply‑demand dynamics, and liquidity conditions across corporate credit markets.Source liquidity and execute transactions efficiently across investment‑grade bond markets.Critical CompetenciesTechnical Knowledge – Demonstrates deep expertise in North‑American fixed‑income markets with particular strength in CAD and USD investment‑grade corporate credit. Strong understanding of credit valuation, relative value analysis, portfolio construction, risk management, market structure, and primary and secondary bond markets.Macro Perspective – Strong ability to interpret economic data, central

📌 Portfolio Manager (Toronto)
🏢 RPIA Capital Management
📍 Toronto