For Portland Investment Counsel Inc.About Portland Investment Counsel Inc. Privately owned by Michael Lee Chin, Portland Investment Counsel Inc. is an Investment Fund Manager, Portfolio Manager and Exempt Market Dealer. Join an entrepreneurial team where you’ll be close to decision makers, contribute across the investment lifecycle, and grow quickly in responsibility.We’re hiring an Investment Credit Analyst/Associate Portfolio Manager to support credit related investment research, portfolio management and financing activities across our private and public credit strategies.

You’ll build and maintain models, monitor holdings, surface new ideas, and help translate analysis into portfolio actions—while collaborating with trading, client service, and operations.Credit research & monitoring: Collect and analyze issuer, sector, and instrument level information (financial statements, filings, press releases, presentations) to assess business drivers, capital structures, covenant packages, liquidity, and key risks; prepare concise memos and dashboards for portfolio managers.Build and enhance cash flow, leverage, recovery, and scenario models; identify primary value and risk drivers, sensitivities, and downside cases; Lead borrower due diligence (management interviews, site visits, QoE/vendor reports) and build cash flow/debt capacity models to size facilities and structure term sheets; draft investment committee materials and coordinate with legal/tax/third‑party advisors through closing.Review and help negotiate credit agreements, security/guarantee documents,



and intercreditor/subordination arrangements; manage closing checklists, conditions precedent/subsequent, and post‑closing deliverables.Ongoing surveillance, covenant management & workouts: Own monthly/quarterly borrower monitoring (KPIs, liquidity, covenants, variance vs. budget), recommend portfolio actions (amendments, waivers, add‑ons, repricings, hedges, partial exits), and contribute to stressed/distressed cases via downside/recovery modeling, collateral valuation, and restructuring/workout support alongside counsel and portfolio managers.Track market forces (rates, spreads, trading flows, technicals) and relay timely insights to portfolio managers and traders.Assist with position updates, rebalancing and trade support (including settlements coordination) while ensuring accurate reference data across systems.Data & systems: Help build and improve portfolio, client, and data tools across the firm (Excel; SQL/Python preferred); contribute to automation and data hygiene.maintain CRM data to support sales activities; help organize portfolioreviews.Risk, compliance & suitability: Uphold regulatory standards; 5–7 years of credit analysis experience—buy side, sell side,



ratings, commercial or corporate banking credit, or private credit/direct lending.Undergraduate degree with a background in business administration, commerce, economics, engineering, mathematics, statistics, computer science and/or data scienceStrong financial statement analysis and credit modeling (income statement, balance sheet, cash flows; recovery analysis) through advanced Excel proficiency.Explicit, concise writing, communication and presentation skills; Masters degree with a background in business administration, commerce, economics, engineering, mathematics, statistics, computer science and/or data scienceExposure to private credit, structured credit, or special situations.Experience with portfolio/trading systems and CRM/data tools.Professional designations (CFA, CPA) or significant progress toward them.At Portland, we support diversity and equity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, physical or mental disability.We respect the dignity and independence of persons with disabilities. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.

In addition, we provide a discretionary performance bonus, group health benefit plan, RSP matching, onsite free underground parking as well as social and wellness events. #

📌 Investment Credit Analyst/Associate Portfolio Manager (Winnipeg)
🏢 Mandeville Private Client
📍 Winnipeg