Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Finance Pay Details: $145,000 - $200,000 CAD 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. Job Description: The Pension and Insurance Investment Management team within TBSM is responsible for: Supporting the fiduciary retirement and investment committees and senior management in overseeing the material investment portfolios of defined benefit, defined contribution and retirement savings plans (Canada, US and globally) Supporting the TD Insurance business in overseeing the investment portfolios of the TD Insurance legal entities. Job Description/Accountabilities: Lead a team of investment personnel mandated with the following key accountabilities pertaining to the pension, retirement, and insurance investment portfolios: Defining investment strategies to meet portfolio return objectives while ensuring compliance with applicable policy and risk appetite metrics. Driving asset allocation recommendations spanning domestic and foreign equities, private and public fixed income, real estate, infrastructure, and private equity investments. Design and oversight of interest rate and currency hedging programs in support of the pension and insurance investment mandates. Producing analysis and recommendations related to funding of pension plans, while taking into consideration current market conditions, actuarial funding valuations and scenario testing. Ongoing evaluation of manager, investment and fund performance and providing recommendations. Maintaining a strong performance attribution framework. Coordinating with the internal trading desk and third-party managers on portfolio hedging and rebalancing. Production of investment forecasts and plan, including investment earnings, NII and OCI projections. Maintaining ownership of related investment policies and procedures. Analysis and execution of plan funding decisions. Build and foster relationships with key internal and external business partners (investment managers, custodians, consultants, TD Human Resources, TD Insurance, etc.). Deliver investment-related insights, analysis and recommendations to executive management and fiduciary investment committees to support the decision-making process (e.g., TD Insurance Board of Directors, Investment Oversight Forum, the fiduciary retirement investment committees, etc.). Monitor and analyze developments in regulatory requirements and industry best practices. Development of analytical capabilities in portfolio construction and ALM, including evaluation and implementation of 3rd party solutions. Ensure continued development of team through coaching and mentoring. Specific Educational Requirements/Accreditations: Undergraduate degree in a technical field such as Finance, Statistics, Mathematics. Actuarial designation (FSA or FCIA) and/or investment-related designation (CFA or CAIA) would be an asset. Other Qualifications/Skills/Experience: Strong understanding of institutional investment strategies and products across key asset classes, specifically in pension and retirement investment portfolios. Working experience in an investment-related setting (with a plan administrator, asset manager or investment consultant); experience in overseeing or managing investment portfolios for employee pension and retirement plans, or insurance entities would be an asset. Excellent business acumen, communication skills and presentation abilities; experience in delivering investment-related recommendations and communicating complex concepts to senior stakeholders. Developed track record in building and managing relationships with executive management, senior investment committees and Boards of Directors. Strong critical thinking and analytical skills; ability to analyze and develop solutions to complex issues involving a variety of considerations, while effectively coordinating with multiple stakeholders. Developed knowledge of prudent governance practices in a fiduciary setting. Established track record of building, coaching, and managing teams. Strong organizational abilities and attention to detail. Ability to recognize issues and to recommend changes to processes to improve efficiency. Proven ability to meet multiple tight deadlines. Ability to multi-task and complete assignments for multiple stakeholders. 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. Accommodation 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 (Quebec only): Sans Objet US Labor & Employment Posters | California Privacy | Accessibility | FAQ Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture. Our Commitment to Diversity, Equity, and Inclusion At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve. Helping to Make an Impact in Communities – TD Ready Commitment TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific
