Director, Cash Management
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 are highly focused on continuous improvement while driving positive change and stronger results across our team and the firm. We believe in integrity and always “doing the right thing” for our clients, colleagues, and the firm. 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 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
Picton Mahoney Asset Management is at an exciting time in its evolution, and we are currently seeking an experienced seasoned Cash Management specialist to spearhead this pivotal new function within our team! In this role, you will lead the development and execution of cash management strategies across our firm's diverse suite of funds. You will collaborate with the portfolio management team to optimize the cash return in portfolios and minimize the cost of financing. The ideal candidate will have a strong track record of success in cash management, outstanding leadership skills, and a deep understanding of financial markets, particularly in options, equities, and fixed income cash management.
Responsibilities of the Role
- Develop and implement comprehensive cash management strategies for the firm's diverse suite of funds.
- Analyze and monitor daily cash positions across funds to optimize liquidity and minimize financing costs.
- Work closely with portfolio managers to ensure efficient allocation of cash across investments in options, fixed income, and equities.
- Build and maintain relationships with counterparties, including prime brokers and custodians, to optimize cash management strategies.
- Ensure compliance with all regulatory requirements related to cash management.
- Work on other cash management related projects.
The Qualifications and Experience Required
- Bachelor's degree in finance, accounting, or a related field. MBA or CFA preferred.
- Demonstrated experience in maximizing cash management across multiple funds.
- Strong analytical and problem-solving skills.
- Excellent communication and leadership skills.
- Ability to work in a fast-paced, dynamic environment.
- Familiarity with hedge funds and financial markets, particularly in options and equities.
- Expertise in Bloomberg, Excel, and other financial software
- Prior experience in prime brokerage is a plus.
Above all, we're looking for individuals with a mindset to think differently and who are inspired to make BIG impact. Even if you do not meet 100% of the preferred qualification listed above, if you believe that you have what it takes to excel in this multi-faceted role, we want to hear from you!
Our Commitment to Employees
Picton Mahoney Asset Management is proud to offer our employees with generous perks and programs that enhance the career experience with our firm, including: Corporate Wellness & Fitness Reimbursement, Maternity and Parental Leave Top-Up, Peer Performance Recognition Awards, Semi-Annual Performance Bonuses, Generous Annual Vacation Entitlement (minimum of 15 days/year), Tuition Reimbursement, Extensive Medical & Dental Benefits, Healthcare Spending Account and more.
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].