Associate - Global Institutional Product Development (TD Asset Management)

at  TD Bank

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.

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.

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.

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

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 requirement