Associate, Investment Manager Research
The Toronto-Dominion Bank (Canada)
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Job summary
The Toronto-Dominion Bank (Canada) is seeking a Senior Investment Research Analyst in Toronto to contribute to the research, monitoring, and evaluation of active and passive investment strategies across TD Wealth.
You will support investment recommendations, due diligence reviews, and ongoing oversight of asset managers and investment products.
Qualifications
- University degree in finance, economics, business, or a related discipline.
- Three to five years of experience in investment research, asset management, investment consulting, capital markets, or a related field.
- Progress toward the CFA designation is preferred.
- Knowledge of investment products, portfolio construction and capital markets.
- Demonstrated interest in and understanding of both active and passive investment approaches.
- Strong analytical, research and critical-thinking skills.
- Ability to evaluate investment strategies using both qualitative and quantitative evidence, rather than relying primarily on recent performance.
- Strong written and verbal communication skills.
- Strong organizational skills and attention to detail.
- Experience with Bloomberg, FactSet, Morningstar Direct or similar research platforms is an asset.
Responsibilities
- The Senior Investment Research Analyst will contribute to the research, monitoring, and evaluation of active and passive investment strategies.
- Support investment recommendations, due diligence reviews, Preferred List oversight, and ongoing monitoring of asset managers, investment products, and industry developments.
- Spans multiple investment vehicles, including mutual funds, ETFs, and separately managed accounts (SMAs).
- Conduct due diligence and ongoing monitoring of assigned investment strategies, managers and products.
- Evaluate investment philosophy, process, people, performance and fees when assessing portfolio managers and investment solutions.
- Analyze portfolio characteristics, risk exposures, implementation considerations, and benchmark-relative performance.
- Assess ETF structures, index methodologies, portfolio construction, liquidity, trading considerations, and implementation efficiency.
- Monitor material developments, including team changes, process evolution, mandate changes, portfolio risks, and industry trends.
- Develop independent investment views and contribute to Preferred List recommendations.
- Prepare investment proposals, due diligence reports, advisor and stakeholder communications, and other research materials.
- Maintain complete, accurate and audit-ready research documentation.
- Participate in meetings with asset managers, ETF issuers, index providers, and other industry participants.
- Contribute to thought leadership, advisor support initiatives and broader team projects.
Skills
Education
Tools
Job description
Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: TD Wealth Pay Details: $81,600 - $115,200 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.
The Investment Manager Research (IMR) team is responsible for the research, selection, and ongoing oversight of investment strategies available across TD Wealth. The team maintains Preferred Lists covering mutual funds, ETFs, separately managed accounts (SMAs), and other managed investment solutions, and provides research insights, due diligence, and thought leadership to internal stakeholders.
The Senior Investment Research Analyst will contribute to the research, monitoring, and evaluation of active and passive investment strategies. The role will support investment recommendations, due diligence reviews, Preferred List oversight, and the ongoing monitoring of asset managers, investment products, and industry developments. The role spans multiple investment vehicles, including mutual funds, ETFs, and separately managed accounts (SMAs).
Other responsibilities include:
- Conduct due diligence and ongoing monitoring of assigned investment strategies, managers and products.
- Evaluate investment philosophy, process, people, performance and fees when assessing portfolio managers and investment solutions.
- Analyze portfolio characteristics, risk exposures, implementation considerations, and benchmark-relative performance.
- Assess ETF structures, index methodologies, portfolio construction, liquidity, trading considerations, and implementation efficiency.
- Monitor material developments, including team changes, process evolution, mandate changes, portfolio risks, and industry trends.
- Develop independent investment views and contribute to Preferred List recommendations.
- Prepare investment proposals, due diligence reports, advisor and stakeholder communications, and other research materials.
- Maintain complete, accurate and audit-ready research documentation.
- Participate in meetings with asset managers, ETF issuers, index providers, and other industry participants.
- Contribute to thought leadership, advisor support initiatives and broader team projects.
- University degree in finance, economics, business, or a related discipline.
- Three to five years of experience in investment research, asset management, investment consulting, capital markets, or a related field.
- Progress toward the CFA designation is preferred.
- Knowledge of investment products, portfolio construction and capital markets.
- Demonstrated interest in and understanding of both active and passive investment approaches.
- Strong analytical, research and critical-thinking skills.
- Ability to evaluate investment strategies using both qualitative and quantitative evidence, rather than relying primarily on recent performance.
- Strong written and verbal communication skills.
- Strong organizational skills and attention to detail.
- Experience with Bloomberg, FactSet, Morningstar Direct or similar research platforms is an asset.
What Success Looks Like Successful candidates will:
- Form independent and defensible investment views.
- Distinguish between market-driven outcomes and manager skill.
- Identify material portfolio risks, style biases and changing investment characteristics.
- Translate complex investment concepts into clear and practical recommendations.
- Contribute to sound Preferred List decisions through disciplined, evidence-based research and ongoing monitoring.
- Produce well-supported recommendations suitable for governance, audit, and stakeholder review.
Experience evaluating investment managers, mutual funds, ETFs, separately managed accounts, or institutional investment strategies. Understanding of manager research frameworks and portfolio analysis. Knowledge of ETF structures, index construction and passive investing. Intellectual curiosity, sound judgment and a willingness to challenge assumptions. Ability to operate effectively in situations with incomplete information and competing signals.
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 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.
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.
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.
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
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’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 the community, explore and grow your career and be part of our caring and inclusive culture.
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.
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.
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