Associate, Institutional Product Development – TD Asset Management

Job title:

Associate, Institutional Product Development – TD Asset Management

Company

TD Bank

Job description

Company Overview

Our Values
At TD we’re guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority
A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars – physical, financial, social and mental/emotional. In addition, we champion a safe, inclusive and supportive work environment to help colleagues feel a sense of belonging, and supported in their personal and professional growth. Through our focus on total well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes … because when colleagues feel their best, they’re more likely to do their best.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they’ll always have access to the TD community and experience our culture of care.

Who We Are
TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. TD is a customer obsessed organization, and we are deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Department Overview

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of March 31, 2023, TDAM and its affiliates manage over $421 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.

In attaining this client commitment, TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.

Job Requirements

• Minimum 5 years of related industry experience preferred with at least 3 years of experience in an institutional product development function within the asset management industry required
• Experience with Institutional Public Funds, including multi-assets strategies required
• Knowledge of Canadian institutional investment product related vehicles including a working knowledge of major investment strategies and styles employed by fixed income, equity and alternative portfolio managers is required
• Knowledge of pool fund trusts, limited partnerships, LLCs, offshore feeders, UCITs is preferred
• Preference given to candidates with product development experience across various asset classes and vehicles
• Demonstrated experience engaging in complex investment product launches with multiple stakeholders
• A working knowledge of regulatory and compliance issues, fund accounting and performance/portfolio reporting principles

Hours

37.5

Job Details

The Institutional Product team within TD Asset Management is responsible for the product strategy and development of TD’s entire institutional product portfolio. The team’s mandate is as follows:

• Develop a solid understanding of markets, competitors, product and regulatory trends and client needs to effectively inform decisions on new product concepts
• Synthesize data on emerging medium and long-term product development trends to inform product roadmap
• Develop products for various countries and regions to profitably grow market share
• Provide a high level of support to our Relationship Management and Client Service groups
• On-going product management ensuring our investment solutions remain competitive and compliant with regulatory requirements

The Associate, TDAM Institutional Product is responsible for supporting all aspects of institutional product development, including implementation of new products and product changes, product innovation and positioning.

Key Responsibilities:

• Have an understanding of TDAM’s general investment philosophy, investment styles, and product structures
• Synthesize product, competitive and industry research and analysis into meaningful recommendations to promote the development of new product concepts
• Help define and build the business case for new product development initiatives through assembling fact-based arguments and providing competitive insights
• Take an active role in new products implementation, including the coordination of internal partners and external service providers to ensure operational readiness
• Meet with internal and external stakeholders to identify product gaps
• Work closely with internal control partners to mitigate risks while executing with speed to market
• Act as a subject matter expert on product structures, including global fund structures such as UCITS, etc.

Key Interactions:
The following interactions constitute an integral part of this position:

• Direct report to the Vice President & Director, Corporate Strategy & Global Institutional Product
• Executives, relationship managers and other investment professionals across TD Wealth and TD Bank, including those in non-domestic jurisdictions
• Collaborate with internal partners including Business Management and Solutions, Corporate Strategy, Product Design, Portfolio Management, Client Portfolio Managers, Sales, Legal, Sales Strategy and Communications, Finance, Compliance, Operations and Marketing
• 3rd Party vendor relationships

#LI-Hybrid

Workplace Model

Hybrid

Inclusiveness

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

How We’re Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Additional Information

#LI-Wealth

• Strong leadership skills
• CFA Preferred, or progression to becoming a charter holder and/or commensurate experience
• Excellent written, verbal communication and presentation skills, with an ability to interact with all levels of the organization
• Excellent analytic, problem-solving, and quantitative skills, with exceptional attention to detail
• Strong interpersonal skills in interacting with various stakeholders within the firm, other members of the product team
• Ability to operate in a fast-paced environment
• Ability to prioritize many projects simultaneously
• Ability to deal with ambiguity and change
• Undergraduate degree required

Business Line

TD Asset Management

Job Category – Primary

Asset Management

Job Category(s)

Asset Management, Wealth Management

Job Family

General

Time Type

Full Time

Employment Type

Regular

Hours/Availability Detail

8:30-5 M-F

Pay Details

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.

Expected salary

Location

Toronto, ON

Job date

Thu, 04 Jan 2024 08:21:06 GMT

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