Associate – Global Institutional Product Development

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Wealth

Pay Details:

$85,000 - $115,000 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate’s skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Department Overview:

TD Asset Management (TDAM) is a member of TD Bank Financial Group and is one of Canada’s largest investment management firms. TDAM and its affiliates manage over $400 billion in assets on behalf of pension, insurance, endowment/foundation and corporate clients, as well as high-net worth clients and retail mutual funds, across private and public asset class solutions. A cornerstone of TDAM’s success has been the ability to partner with its clients to develop customized solutions that meet their evolving needs and objectives.

The Global 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

Position Summary:

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
• Serve as the project lead to implement new products, 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 alternatives structures such as LPs, ICAVs, etc.

Key Interactions:

The following interactions constitute an integral part of this position:

• Work collaboratively with the broader product team, leveraging their subject matter expertise on the product shelf to analyze our suite and make recommendations
•  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, Portfolio Management, Client Portfolio Managers, Sales, Legal, Sales Strategy and Communications, Finance, Compliance, Operations and Marketing
• 3rd Party vendor relationships

Role-Specific Skills & Qualifications:

• Minimum 3 years of related industry experience.
• Experience with public assets and alternatives, including real assets.
• Knowledge of pool fund trusts, limited partnerships, LLCs, offshore feeders, UCITs and other institutional investment product related vehicles including a working knowledge of major investment strategies and styles employed by fixed income, equity and alternative portfolio managers.
• 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

Table-stakes Skillsets:

• Strong research skills, with understanding of databases such as eVestment and Preqin
• 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
• CFA/MBA preferred

**Please note employees will be going to the office 4 days starting March 2025**

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/stores. 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 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.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental 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, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

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!

Language Requirement (Quebec only):

Sans Objet