Portfolio Construction Associate

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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 $18.5 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

Join PICTON Investments as a Portfolio Construction Associate-an exceptional early-career opportunity to learn directly from senior investment professionals in a leading alternative asset management environment. This full-time role is designed for a motivated recent graduate eager to launch a career in portfolio consulting, with immediate exposure to cross-functional projects that shape how portfolios are constructed, analyzed, and optimized.

You’ll collaborate closely with teams across Investments, Quantitative Research, Sales, Product, and Marketing, building a strong foundation in asset allocation, risk management, and performance attribution. From day one, you’ll have the opportunity to take ownership of projects, contribute meaningful insights, and develop in-demand skills that will enable you to grow and thrive within one of the most dynamic and rapidly growing field of specialty within the asset management industry.

The expected annual salary for this role is $60,000–$100,000, with the final number depending on your experience, skills, education, and team budget. On top of that, you’ll be eligible for our discretionary bonus program.

At PICTON Investments, 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.

You'll have the opportunity to learn and lead:

Conduct detailed analysis to support portfolio construction, asset allocation, risk management, and implementation across multiple asset classes and strategies.

Work with portfolio analytics platforms to monitor performance, assess risk exposures, and prepare recommendations.

Partner with cross-functional teams-including Sales, Product, Quantitative Research, Investment, and Marketing-to support client portfolio reviews and strategic initiatives.

Participate in the development of new initiatives related to portfolio construction, performance attribution, and risk management.

Respond to ad hoc analytical and research requests from internal stakeholders.

What we're looking for

A post-secondary degree in engineering, mathematics, statistics, computer science, finance, or a related discipline.

A strong interest in portfolio construction, investment strategy, data analysis, and financial markets.

Exposure to data science or statistical programming (e.g., Python, R, MATLAB) is a plus-but not required.

Experience or familiarity with portfolio analytics/risk platforms is a plus.

Ability to learn and apply quantitative tools to analyze data and solve problems.

Excellent written and verbal communication skills.

A collaborative mindset and a willingness to learn in a fast-paced, team-oriented environment.

A proactive attitude and entrepreneurial spirit.

CFA Level I candidate or willingness to pursue CFA/FRM designation would be considered an asset.

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. We welcome applications from candidates with diverse experiences globally. Canadian experience is not required. 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.

Please note: We use AI-assisted tools to support parts of our recruitment process, including summarizing interview notes and aligning candidate profiles with job requirements. All decisions are made by our hiring team.