Job Description
Were 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:Department Overview:The Institutional Product team within TD Asset Management is responsible for the product strategy and development of TDs entire institutional product portfolio. The teams 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 conceptsSynthesize data on emerging medium and long term product development trends to inform product roadmapDevelop products for various countries and regions to profitably grow market shareProvide a high level of support to our Relationship Management and Client Service groupsOn-going product management ensuring our investment solutions remain competitive and compliant with regulatory requirementsKey Responsibilities:Serve as the senior member of the Institutional Product team and management of junior/mid-level team membersMeet with internal and external stakeholders to identify product gapsAdvising the business on optimal product structures and characteristics for distribution globallyExploration / analysis of new product capabilities and concepts + proof of concept, including consideration for vehicle structures and regulatory regimes as it relates to product structuresAct as a subject matter expert on product structures, including global fund structures such as UCITS, etc.Overseeing competitive and industry research, analysis and recommendations to promote the development of new product conceptsSupporting junior members as business cases are being developed for new product initiativesHelp define and build the business case for new product development initiatives through assembling fact-based arguments and providing competitive insightsOversee strategic product launch/restructuring initiativesCollaborating with senior stakeholders to implement initiatives, e.g. Legal, Compliance, Risk, Investment Team, Relationship ManagementManaging relationships with external vendors and driving contract negotiationEscalation of issues that require leadership supportKey Interactions: The following interactions constitute an integral part of this position: Direct report to the Vice President & Director, Corporate Strategy & Global Institutional ProductExecutives, relationship managers and other investment professionals across TD Wealth and TD Bank, including those in non-domestic jurisdictionsCollaborate 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 Marketing3rd Party vendor relationshipsRole-Specific Skills & Qualifications:Minimum 7 years experience in investment product development and/or global product structuring with minimum 3 years experience in structuring investment solutions for institutional clients required Experience with alternatives, including real assets 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 Understand TDAMs general investment philosophy, investment styles, and product structures 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 Understanding of US regulation, including SEC rules, Volcker rules and Bank Holding ActExpert knowledge of the institutional client segmentUnderstanding of operational aspects of alternative product development, such as capital call processHighly collaborative and strong EQAbility to navigate cross-functional relationshipsAbility to manage multiple projects at once, and prioritize according to business strategies providedUndergraduate degree and CFA required#LI-WealthWho We Are: TD is one of the worlds 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 youve 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, were here to support you towards your goals. As an organization, we keep growing - and so will you. Our Total Rewards PackageOur 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 moreAdditional Information:Were delighted that youre considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, were 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 DevelopmentIf youre interested in a specific career path or are looking to build certain skills, we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.Interview ProcessWell 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.AccommodationYour accessibility is important to us. Please let us know if youd 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!