Senior Fixed Income Analyst, Managed Investments

  • Full Time
  • Toronto

TD Bank

Work Location:

Toronto, Ontario, Canada



Line of Business:

TD Wealth

Pay Details:

We’re 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 Wealth Investment Office team (WIO) is TD Wealth’s source for investment strategy.

We empower advisors and portfolio managers across TD Bank Group’s Wealth Management division – including Financial Planning, Private Investment Advice and Private Investment Counsel – by giving them the knowledge and tools they need to execute a scalable and consistent approach to portfolio management. WIO is a place for professionals who love to manage money and get excited about the opportunity to consult with others on how to build and manage investment portfolios.

This is not a place for people stuck in neutral. WIO is a dynamic, multifaceted, multi-channel group working on numerous priorities and initiatives in a fast-paced environment.
The group provides holistic investment advice, portfolio construction counsel and guidance across a broad range of investment methodologies including traditional, endowment and risk-aware allocations.

WIO is the engine behind the Risk Priority Portfolios and the investment manager behind the TD Core Fixed Income ETF Portfolio, Core Canadian Corporate Bond Ladder Portfolio, Core Asset Allocation ETF Portfolio and Core Managed Equity Portfolios In addition, WIO plays a role in the education and ongoing support of TD Wealth advisors through numerous internal and client-facing publications, as well as presentations, seminars and one-on-one communications to advisors.

Job Description
The Senior Fixed Income Analyst, Managed Investments, will assist the Chief Wealth Strategist and Head of the Investment Team in expanding the managed investments platform at TD Wealth, specifically by becoming the subject-matter expert on fixed-income investments. Using TD Wealth’s existing philosophy, strategy and tactics, the Senior Fixed Income Analyst will assist with the management of model portfolios, respond to advisor inquiries as it relates to fixed income, and publish thought-leadership pieces covering the fixed-income landscape.

The Senior Fixed Income Analyst will also establish and maintain relationships with proprietary and third-party portfolio management firms to keep abreast of the fixed-income landscape and to share intelligence with members of the team. The Senior Fixed Income Analyst will be a member of the Investment Management Committee and will be expected to contribute to the effective management of the firm’s model portfolios by monitoring the universe of fixed-income investments and contributing new ideas that may improve the portfolios’ risk-adjusted returns.

Position Summary
The successful candidate will:
• Be passionate about and have a keen understanding of global fixed-income markets and investment strategies.

Knowledge of the key Canadian and global fixed-income managers is a strong asset;
• Have a robust understanding of the fixed income return and risk decomposition and translating that into fixed income portfolio construction and risk management;
• Be passionate about portfolio management with a strong desire to work with investment professionals to design, build and manage industry leading portfolios; will directly contribute to the management and administration of the firm’s guided portfolios;
• Contribute to publications and conference calls relating to the fixed-income market;
• Understand the TD Wealth Risk Priority Management philosophy, strategy and tactics and how they can be leveraged to create an efficient modeled book;
• Have direct experience working with investment advisors, portfolio managers and financial planners and understand the business dynamics, structure and goals of our professional advice channels;
• Participate in advisor training, coaching and branch presentations as required;
• Support WIO initiatives that may not be directly related to managed investments.

• Strong knowledge of fixed-income instruments, investment strategies and markets. Minimum three years of experience analyzing or supporting the management of fixed-income securities;
• Expert knowledge of the Morningstar Direct and Excel software suites; working knowledge of Bloomberg and/or FactSet an asset;
• Strong communication skills, both oral and written, with ability to articulate all aspects of fixed-income management and return drivers to an audience with different levels of sophistication;
• Strong relationship-management skills required to interact with external and internal portfolio management firms;
• CFA Charterholder or candidate an asset;
• Previous experience as a fund analyst or investment consultant an asset.

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.

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 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 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.

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 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.

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 we’re committed to helping you identify opportunities that support your goals.

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.

Your accessibility is important to us.

Please let us know if you’d 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!

Language Requirement: