TD Asset Management - Investment Management Rotational Analyst

at  TD Bank

JOB DESCRIPTION:

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 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.

JOB DESCRIPTION:

The Analyst program provides on-the-job training through rotations in various departments within TDAM and involving assignments in key departments such as investment management, risk management, business strategies, product management, client portfolio management, research and trading. The anticipated duration of this assignment is normally 18 to 24 months.
Application & Interview Process: Application requirements include; CV, cover letter, and transcript. Two rounds of interviews, combination of behavioral and take-home case.
Accountabilities include:

Role:

• Learn about the investment management industry and work in a collaborative team environment
• Utilize strong quantitative and coding skills to accurately analyze portfolio risk exposures and strategy performance
• Create client reports, prepare presentations for a variety of audiences, participate in the due diligence process
• Complete complex financial analyses on client portfolios, companies and industries
• Assist with building and reviewing internal models, tools, processes, policies, presentations, and other related materials; challenge team and improve the underlying processes of the functional area
• Update / initiate / present research reports (equity or credit) to the investment management teams
• Learn and participate in the research, analysis and implementation of investment ideas
• Involve and support business strategy, risk assessment and product management
• Uses sound judgement and understanding of process/policy risk when recommending exceptions outside general practices or guidelines.

QUALIFICATIONS / SKILLS / EXPERIENCE:

The candidate must be enrolled in the final year of studies and on track for graduation by June 2025 with an undergraduate degree.

The ideal candidate will possess:

• Graduating from an Undergraduate program in 2025, with the pursuit of a CFA designation considered an asset
• Excellent Communication Skills – both written and verbal
• Business, finance, mathematics or quantitative skills
• Strong working knowledge of Microsoft Office products (Excel, PowerPoint and Word)
• Experience in financial modeling and coding (ex. Python) would be an asset
• Proactive attitude, demonstrated ability and desire to work in a vigorous, fast-paced environment
• Organizational skills with the ability to prioritize, multi-task and maintain attention to detail under demanding timelines

• Strong foundation in business acumen, problem solving skills and analytical capabilitiesBilingual in French/English would be an asset

SPECIFIC EDUCATIONAL REQUIREMENTS / ACCREDITATIONS:

• Degree in Business, Finance, Mathematics, Actuarial Science, or Economics

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.

Role:

• Learn about the investment management industry and work in a collaborative team environment
• Utilize strong quantitative and coding skills to accurately analyze portfolio risk exposures and strategy performance
• Create client reports, prepare presentations for a variety of audiences, participate in the due diligence process
• Complete complex financial analyses on client portfolios, companies and industries
• Assist with building and reviewing internal models, tools, processes, policies, presentations, and other related materials; challenge team and improve the underlying processes of the functional area
• Update / initiate / present research reports (equity or credit) to the investment management teams
• Learn and participate in the research, analysis and implementation of investment ideas
• Involve and support business strategy, risk assessment and product management
• Uses sound judgement and understanding of process/policy risk when recommending exceptions outside general practices or guidelines