Analyst, Fixed Income Research

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One of Canada’s Most Trusted Investment Brands.

At Picton Mahoney Asset Management (PICTON Investments), being alternative isn’t just what we do—it’s who we are.

Founded by industry pioneer David Picton, we’ve spent 20 years challenging conventional wisdom and redefining the investing landscape. As one of Canada’s most trusted investment brands, we are proudly independent—privately run, 100% employee-owned, and deeply committed to delivering results for our clients.

Thinking Alternatively is in Our DNA.

With a team of 203 bold thinkers—one-third dedicated solely to investment management—we are specialists, not generalists. Managing $16.6 billion for institutional and retail clients, we navigate markets with conviction, resilience, and a forward-thinking approach.

We’re more than investors — we’re innovators. We challenge traditional investment mindsets, constantly pushing the boundaries to achieve our mission: To bring greater certainty to investors. 

Our success is built on four guiding principles:

Treat investors’ money like our own.

Redefine the way investors invest.

Be human—always approachable.

Succeed together, one investment at a time.

These aren’t just words—they define how we think, how we invest, and how we work. 

Now, we’re entering our next chapter. We’re transforming our brand and reshaping the way the world invests. If you think alternatively, embrace an entrepreneurial spirit, and thrive in a dynamic, bureaucracy-free environment, join us and be part of what’s next.

Thriving in Our Entrepreneurial Culture

At PICTON Investments, you’ll thrive in our creative and dynamic workplace, where collaboration and support are at the core of everything we do. At our firm, you’ll have the opportunity to take on significant responsibilities, work in a flexible environment, and tackle challenging projects from the outset. Our culture is designed for ambitious professionals who want to make an immediate impact while continuing to push boundaries and achieve our greater mission. You’ll be empowered with a high level of responsibility, trust, and flexibility, providing an exciting and creative space for you to help reshape how the world views alternative investments. With competitive total rewards, performance-based bonuses, and a clear path for career growth, you’ll have everything you need to develop both now and over the longer term.

The Opportunity

PICTON Investments is seeking a Fixed Income Research Analyst to join our dynamic investment team.  As the successful candidate, you will bring a fresh and innovative approach to our firm’s global portfolios. As an entrepreneurial thinker, you will stay current on trends in research and participate in presentations of investment ideas; ensuring that we are well-positioned to take advantage of market forces and provide strong returns to our clients.

The expected annual base salary for this role is $120,000 – $140,000, with the final number depending on your experience, skills, and education. On top of that, you’ll be eligible for our discretionary bonus program.

At PICTON being employee-owned means we take care of our team and offer opportunities for top performers to participate in our equity ownership program over time. Eligible employees get access to a full benefits package, including profit sharing, health and wellness coverage, life and disability insurance, paid time off and holidays, learning and development programs, and more, many of which are fully covered or subsidized by us.

Responsibilities of the Role

Research and analyze companies for the firm’s Fixed Income portfolios

Build and maintain financial models to assist in investment evaluations

Prepare verbal and written reports on sectors and companies to communicate investment theses

Present profitable ideas and potential investment opportunities to the firm’s portfolio managers

Develop and maintain business relationships with company management teams and industry experts

Analyze quarterly reports, conference calls and relevant company details

Monitor industry trends, remain current on political and economic trends and events to assess impact on investment decisions and existing portfolios

Actively participate and provide support in all aspect of the portfolio management process from construction to implementation and risk monitoring

Qualifications and Experience Required

University degree in Engineering, Commerce, Finance, Economics, Math or MBA

CFA designation or enrollment in the program

5+ years of credit research experience

Experience in both long and short fixed income investments

Strong analytical skills and ability to clearly articulate findings

Ability to filter vast amounts of information and put forth investment recommendations in a clear, concise manner

Highly professional, flexible and organized

Demonstrated ability to be a team player

Self-motivated, results driven and ability to work independently

Strong computer skills and proficient with Excel and Bloomberg

Our Commitment to Employees

At PICTON Investments, we take pride in enhancing our employees' experiences through a comprehensive suite of exceptional perks and programs. Our benefits include corporate fitness reimbursement and discounts, VersaFi memberships (formerly Women in Capital Markets), Picton investment counseling and portfolio management services, volunteer and charitable donation matching, maternity and parental leave top-up, recognition awards, semi-annual performance bonuses, a generous annual vacation entitlement (minimum of 15 days per year), training and development reimbursement, extensive health and dental benefits, a healthcare spending account, and more.

These offerings are designed to support your career growth, well-being, and overall success. Join us and thrive in an environment that values and invests in you!

PICTON Investments is 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 [email protected].

PICTON Investments does not accept unsolicited resumes, emails, calls, or any other form of communication from third-party recruitment agencies. Any unsolicited outreach, including commercial electronic messages, will neither be acknowledged nor considered.