Associate Portfolio Manager (VP) - Investment Grade Portfolio Management Team

TD Bank; Toronto; On-site; CAD 135,000 - 175,000; Full time

Job summary

An established industry player is seeking an Associate Portfolio Manager to support fixed income portfolio management. This role requires a blend of analytical skills, market insight, and teamwork to assist in portfolio construction and credit analysis. The ideal candidate will have a strong background in corporate credit, excellent communication abilities, and proficiency in financial software. Join a leading financial institution committed to enriching lives through its services and community support, and enjoy a comprehensive rewards package that fosters career growth and development.

Benefits

Health and wellness benefits

Retirement plans

Paid time off

Banking benefits

Career development

Recognition programs

Qualifications

• 3-5 years of experience in corporate credit, preferably in a buy-side environment.
• Strong background in fundamental credit research and financial modeling.
• Excellent communication, organization, and problem-solving skills.

Responsibilities

• Support fixed income portfolio management and assist in portfolio construction.
• Collaborate with traders and monitor market developments.
• Prepare reports and participate in meetings with clients.

Skills

Analytical Skills

Market Insight

Teamwork

Fundamental Credit Research

Financial Modeling

Communication Skills

Problem-Solving Skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Engineering

Bachelor’s degree in Accounting

CFA preferred

Tools

Bloomberg

Excel

Python

Job description

time left to apply End Date: May 9, 2025 (2 days left to apply)

job requisition id R_1417614

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Wealth

Pay Details:

$135,000 - $175,000 CAD. This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to fair and equitable compensation opportunities for all colleagues. Our policies support salary progression based on role development. The offered base pay may vary depending on skills, experience, location, and organizational needs. Candidates are encouraged to discuss compensation with their recruiter for more details.

Job Description:

TD Asset Management (TDAM), part of TD Bank Financial Group, is a leading North American investment manager offering innovative investment solutions to institutional and individual investors. As of December 31, 2024, TDAM and affiliates manage over $459 billion in assets.

The Associate Portfolio Manager will support fixed income portfolio management, requiring analytical skills, market insight, and teamwork to assist in portfolio construction, credit analysis, and strategy development.

• 3–5 years of experience in corporate credit, preferably in a buy-side environment, covering investment-grade and high-yield markets.
• Strong background in fundamental credit research, issuer analysis, sector outlooks, covenant assessment, and financial modeling.
• Assist in portfolio construction and rebalancing, monitor performance, and contribute to performance attribution.
• Understand macroeconomic drivers and market technicals relevant to credit strategy.
• Collaborate with traders, maintain records, and monitor market developments.
• Prepare reports and presentations, participate in meetings with clients and industry contacts.
• Use financial software (e.g., Bloomberg, Excel, Python) to support research and analytics.
• Contribute to investment model development and primary market analysis.
• Exhibit excellent communication, organization, and problem-solving skills.
• Bachelor’s degree in Finance, Economics, Engineering, or Accounting; CFA preferred.

Nice to Have:

• Python skills for tools and data insights.
• Registration as an Associate Portfolio Manager or Portfolio Manager.
• Knowledge of cross-border credit markets (U.S. and Canada).

Who We Are:

TD is a leading global financial institution, the fifth largest bank in North America, serving over 27 million households and businesses. With over 95,000 colleagues, we aim to be the Better Bank, enriching lives through our services and community support.

Our Total Rewards Package:

Includes salary, variable compensation, health and wellness benefits, retirement plans, paid time off, banking benefits, career development, and recognition programs.

Additional Information:

We support career growth through development conversations, training, and mentoring. We comply with provincial employment regulations. Accessibility accommodations are available upon request.

Colleague Development & Training:

Opportunities for career growth, skills development, and onboarding support are provided to help you succeed in your role.

Interview Process & Accommodations:

We will contact candidates for interviews and communicate outcomes promptly. We accommodate accessibility needs during the process.

Values & Diversity:

Guided by Impact, Growth, and Care, TD fosters an inclusive environment that respects diversity and promotes community engagement through the TD Ready Commitment initiative.