Portfolio Manager & Investment Strategist - New York, NY

Work Location:

Hours:

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Job Description:

The U.S. Wealth Chief Investment Office ("CIO") is responsible for the development of TD Wealth U.S. market outlook, asset allocation positioning recommendations, portfolio management of U.S. Wealth's Home Office Portfolios and investment strategy research. The primary purpose of this role is the design, development and management of multi-asset portfolios for TD Wealth U.S. investment platforms, and the development and ongoing management of a robust investment research and analytical platform that requires an assessment of asset allocation, asset classes, and individual strategies and products that provide direct inputs for TD Wealth U.S. portfolios and models.

Depth & Scope:

• Supports day-to-day oversight of all TD Wealth firm discretionary portfolios and recommended investment solutions across U.S. Wealth platforms
• Supports the implementation and trading of tactical asset allocation changes within discretionary portfolios
• Conducts asset class research and fund coverage to inform portfolio construction and strategic positioning
• Partners with Senior Portfolio Managers to conduct quarterly portfolio reviews, including performance measurement and attribution, to ensure portfolios are meeting stated objectives
• Delivers and supports presentations on portfolio performance, asset allocation changes, and outcomes at TD Wealth investment oversight and governance committees
• Provides field support for investment portfolios, serving as a key point of contact for investment advisors, relationship managers, and other stakeholders. This includes explaining portfolio construction, performance drivers, and the rationale for tactical and strategic investment decisions
• Contributes to the development and design of investment solutions across all U.S. Wealth platforms
• Leads and supports investment research and due diligence for mutual funds, ETFs, Separately Managed Wrap (SMAs), UMA models, and alternative investments held in U.S. Wealth portfolios, ensuring strategies align with portfolio objectives, risk profiles, and client needs including in-depth quantitative and qualitative analysis of underlying investment strategies
• Provides research leadership and guidance on fund selection, affiliate managers, and mandates to investment advisors, relationship managers, and internal stakeholders
• Leads the affiliate investment manager research and due diligence function for investment strategies and mandates available on U.S. Wealth platforms
• Produces performance attribution analysis and commentary for individual funds, mandates, and portfolio exposures
• Owns relationships with research vendors and application providers to continuously enhance the research function and the tools available internally to the CIO team and externally to advisors and relationship managers
• Develops, articulates and communicates TD U.S. Wealth’s investment strategy and investment outlook for internal and external audiences
• Contributes to thought leadership initiatives, including market reviews, investment strategy communications, ad-hoc research, and global investment publications across all Wealth channels
• Presents investment views, strategy insights, and research findings on national conference calls and at TD Wealth conferences as required
• Performs competitive analysis of industry, platform, and product trends to identify risks, gaps, and opportunities
• Partners with Wealth Products teams to identify opportunities to add bench strength from a product category, strategy, or product structure perspective
• Partners with Wealth Products and Practice Management to support advisor and relationship manager training and education programs focused on investment strategy, portfolio construction, and product usage
• Partners with Senior Portfolio Managers and internal partners to develop and launch key initiatives to drive towards business and sales goals

Education & Experience:

• University degree in a related field
• Preference for CFA/MBA; CAIA is an asset
• 10+ years of progressive experience in the financial services industry
• Expert knowledge of capital markets, macroeconomic factors and cycles, and the investment management landscape
• Significant knowledge of product structures including mutual funds, Exchange Traded Funds (ETFs), Unified Managed Account models (UMAs), Separately Managed Accounts (SMAs) and alternative investments
• Significant experience in utilizing quantitative and qualitative due diligence and oversight criteria in assessing individual strategies that are slated for inclusion in the portfolios
• Experience in asset allocation/portfolio construction, investment manager due diligence/oversight, and performance evaluation/attribution analysis
• Strong analytical and technical skills
• Proficiency in MS Office (Excel, Word) is a requirement
• Well organized, and able to execute well in a multi-task environment
• Effective communication skills

Customer Accountabilities:

• Understands and supports the Bank's Customer Service Strategy
• Considers the impact of decisions on the well-being of TD, its Customers and stakeholders
• Provides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunity
• Models quality service delivery at every interaction
• Leads and contributes to the ongoing improvement of the partner/Customer experience

Employee/Team Accountabilities:

• Is engaged in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and creates an extraordinary employee experience
• Participates fully as a member of the team and contributes to a positive work environment
• May provide leadership, training, and guidance to other team members
• Ensures ongoing communication with the team on the status/progress of projects and issues/points of interest
• Actively shares information and knowledge, and proactively learns from the expertise of others

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.
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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [email protected].  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.