JOB DESCRIPTION:

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering innovative 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 December 31, 2024 TDAM and its affiliates manage over $459 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.
TD Asset Management’s Asset Allocation team is composed of portfolio managers and analysts responsible for the management of over $100 billion in assets of global multi-asset portfolios. The team designs and manages portfolio solutions to help retail, high net worth and institutional clients achieve their investment goals. The Asset Allocation team follows a multi-disciplined investment process that combines macro-economic, cross-asset and fundamental research. The team utilizes quantitative and qualitative analysis to deliver investment excellence through strategic portfolio design and tactical management across asset classes such as global fixed income, equities, derivatives and alternatives.
The Associate Portfolio Manager will be directly involved in asset allocation strategy, portfolio construction, investment idea generation, daily portfolio management, analytics, trade modelling and risk management. The selected individual will closely work with senior portfolio managers and have an impact on investment performance and business growth. The individual may be involved in client-facing portfolio updates and investment presentations. The individual should be passionate about global markets, highly committed to investment excellence and enjoy working in a collaborative team environment.

Key Responsibilities :

• Daily active management of global multi-asset portfolios, ensuring optimal market exposures, cash levels, risk-adjusted returns, alignment with client objectives, and compliance with regulations
• Determine and manage strategic and tactical asset allocation for investment mandates, leveraging macroeconomic insights, thematic research, cycle/regime analysis, investment factor analysis, asset class trading and risk modelling.
• Structure investment strategies and actively manage the full life cycle of investment positions (including derivatives) in a timely manner in fast moving markets
• Develop and articulate trade rationales with a focus on portfolio impact, investment thesis, and risk considerations.
• Develop and refine investment and risk monitoring frameworks, using quantitative and qualitative analysis to enhance portfolio positioning.
• Conduct investment and fund analysis, ongoing engagement and evaluation of internal managers and external partners
• Collaborate cross-functionally with internal teams, including Portfolio Managers, Analysts, Traders, Client Portfolio Managers, Investment Operations, and Risk Management to ensure excellent investment execution and client engagement.

QUALIFICATIONS & EXPERIENCE:

• Minimum of 3 years of experience in an investment management role covering macro cross-asset, derivatives or fixed income
• Chartered Financial Analyst (CFA) designation and completion of derivatives license exams are preferred
• Demonstrated ability to evaluate complex investment strategies, propose ideas and manage risks in an evidence-based manner
• Deep knowledge and strong application of macroeconomic analysis, portfolio construction, investment markets, strategies, trading and risk analytics
• Excellent attention to detail, high level of intellectual curiosity and problem-solving skills
• Excellent communication skills, both verbal and written, with the ability to effectively communicate complex subject matter to audience with varying levels of knowledge
• An entrepreneurial and open mindset that seeks to grow with the team and the business over the long-term
• Embrace a team-first mindset, actively fostering a collaborative and supportive culture, sharing insights, and contributing to the overall growth of the Asset Allocation team
• Self-starter who will independently learn and explore topics in a rapidly evolving investment landscape
• Strong quantitative and qualitative skills, experience using investment analytical tools (e.g., Bloomberg, FactSet, risk modelling software) would be assets
• Bilingual, French-English would be an asset
  4 days required in the office

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.

• Daily active management of global multi-asset portfolios, ensuring optimal market exposures, cash levels, risk-adjusted returns, alignment with client objectives, and compliance with regulations
• Determine and manage strategic and tactical asset allocation for investment mandates, leveraging macroeconomic insights, thematic research, cycle/regime analysis, investment factor analysis, asset class trading and risk modelling.
• Structure investment strategies and actively manage the full life cycle of investment positions (including derivatives) in a timely manner in fast moving markets
• Develop and articulate trade rationales with a focus on portfolio impact, investment thesis, and risk considerations.
• Develop and refine investment and risk monitoring frameworks, using quantitative and qualitative analysis to enhance portfolio positioning.
• Conduct investment and fund analysis, ongoing engagement and evaluation of internal managers and external partners
• Collaborate cross-functionally with internal teams, including Portfolio Managers, Analysts, Traders, Client Portfolio Managers, Investment Operations, and Risk Management to ensure excellent investment execution and client engagement