Associate, Institutional Product Development

Associate, Institutional Product Development - TD Asset Management page is loaded Associate, Institutional Product Development - TD Asset Management Apply remote type Hybrid locations Toronto, Ontario time type Full time posted on Posted 2 Days Ago job requisition id R_1339904

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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 a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

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.

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

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
• 3rdParty vendor relationships

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
• 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

#LI-Wealth

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

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Our Values
At TD we’re guided by our purpose 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.

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.

Helping to Make an Impact in Communities – TD Ready Commitment
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 C$1 billion by 2030 in community giving across 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. Learn more: Canada | US | Europe & Asia Pacific