Equity Trader

Great Place to Work™ 2020, 2021, 2022, 2023 | Best Workplaces™ in Financial Services & Insurance 2020, 2021, 2022, 2023 | Best Workplaces™ for Mental Wellness 2023 | Best Workplaces™ for Giving Back 2022 | Best Workplaces™ for Women 2021 | Best Workplaces for Inclusion 2021 | Best Workplaces™ in Ontario 2020 and 2021

Our Company

Picton Mahoney Asset Management (“PMAM”) was founded in 2004 to provide unique investment solutions to institutional, retail and high net worth investors in Canada and around the world. We are proud to say that we are 100% employee-owned and manage approximately $9.6 billion in sub-advisory, pension plan and hedge fund assets on behalf of our clients. The core values at Picton Mahoney guide the employee experience and contribute to the culture which fosters strong, transparent relationships.

Why Work at Picton Mahoney?

Picton Mahoney Asset Management is a place where employees can be proud of building a rewarding career that offers growth and the opportunity to evolve within a supportive culture that focuses on professional development. Over the years, we have learned from feedback and have developed strategies and programs that enhance employee engagement and improve the employee experience. As our values state: We work together; fully engaged and aligned. We support each other, and our actions contribute to the strategic goals of our firm. We believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. We believe in the concept of “unity in diversity” and are driven by a collaborative spirit to achieve our goals. We are committed to performance, excellence and winning. At Picton Mahoney, “stepping up” is an action, not a thought, which results in the development and implementation of those ideas. We prioritize growth and innovation and accept full responsibility for personal performance and results. We believe in being open when providing and receiving feedback, because it makes us better at what we do best.

The Opportunity

Join our dynamic team at Picton Mahoney Asset Management and become an integral part of our growth story as an Equity Trader. We are on the lookout for a talented individual who thrives in a fast-paced environment and possesses a passion for financial markets. As a key member of our trading team, you will play a vital role in managing our Canadian, U.S., and International equity portfolios. Your responsibilities will encompass not only executing trades but also providing crucial sector-specific analytical insights. This is an exceptional opportunity to be part of a dynamic environment and actively contribute to our ongoing success and growth.

Responsibilities of the Role

• Execute equity/derivative/FX transactions for the firm globally.
• Attentiveness towards best execution and counter party selection (both objectively and quantitatively).
• Work closely with investment managers to continuously improve transactional efficiencies.
• Develop sector specialization to provide investment team with analytical support.
• Identify dealer driven investment ideas and disseminate to investment managers and analysts.
• Continually communicate and exchange information with portfolio managers and analysts regarding market conditions and individual securities.
• Work with back office and service providers to ensure smooth trade settlement.
• Maintain relationships with broker/dealers, sales traders, and international program desks.
• Generate and research investment ideas for the firm's various mandates.
• Maintain flexible schedule due to international trading hours

The Qualifications and Experience Required

• University degree in business, finance, or related field.
• Completion of Canadian Securities Course and Traders Training Course are required.
• CFA designation would be considered an asset.
• At least 5+ years of experience working on a trade desk and with trading platforms.
• Ability to excel under pressure (market volatility, time constraints) and execute swift decisions that may involve difficult trade-offs.
• Flexibility to adapt and change to PMAM's evolving and growing needs within the trading team.
• Results oriented with desire to achieve high levels of personal and organizational performance.
• Possess excellent analysis, problem-solving skills, strong communication, keen attention to detail, and a keen desire for continuous learning.
• Extensive knowledge of broker algorithms would be considered an asset.
• Experience with trading sector specialization and knowledge of market microstructure considered an asset.
• Experience with Bloomberg, Thomson One, Order Management Systems and Execution Management Systems is an asset.
• Exposure to derivatives and FX would be considered an asset.

Our Commitment to Employees

At Picton Mahoney Asset Management, we take pride in elevating our employees' experiences through an array of exceptional perks and programs. Enjoy a suite of benefits including Corporate Wellness & Fitness Reimbursement, Women in Capital Markets partnership, Women Executive Membership, Volunteer Days, Charitable Matching, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, a generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account, and more. These offerings are crafted to enhance your career journey and overall well-being. Join us in an environment that values your growth and success!

Picton Mahoney Asset Management is proud to be recognized by Great Place to Work® as a 2021 “Best Workplaces for Inclusion” and 2021 “Best Workplaces for Women”. We are 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].