Managing Director, Head of Global Product

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Wealth

Pay Details:
$225,000 - $325,000 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.

Job Description:

The Head of Global Product plays a critical role in the development and execution of our product strategy and development and contributes to the strategic direction of Asset Management. This person will drive product development efforts for the entire platform, including ETF's, mutual funds and private market assets working very closely with colleagues in Investments and Distribution. Design and implement policies and procedures that promote TDs culture and vision. Partner with risk and control partners to align with the Bank's risk appetite, business strategies and standards.

Accountabilities:

Reporting to the Head of Global Operations, Enablement and Strategy, the Head of Global Product is a subject matter expert within Product Development. The general accountabilities of this role include but are not limited to the following:

1. Senior executive responsible for directing TDAM and TD Epoch product strategy and managing its product shelf. This responsibility encompasses all of the forms that an asset managers products may take (including but not limited to mutual funds, ETF's, structured products and other investment vehicles and managed accounts) and all of the channels through which these products may be distributed globally.
2. Owns Retail & Institutional Product Development & Management globally.
3. Responsible for product strategy to align with corporate strategy and growth outlook.
4. Responsible for competitive intelligence on asset managers and trends in the market for product.
5. Work closely with Investment team and Distribution teams in development of new mandates and strategies.
6. Work closely with Investment Risk to review mandates and strategies to ensure optimal outcomes.
7. Create guidelines for all mandates that specify allowable asset class allocations, risk allocations, and restrictions for portfolio managers.
8. Develop product pricing strategy across vehicles and across both retail and institutional distribution channels.
9. Work with sales teams, marketing and product research to determine approach for new products. Work with legal, compliance and operations to develop new vehicle structures to meet client needs.
10. Responsible for performing gap analysis of existing product line up, determining future client needs and guiding the development of solutions to meet those needs.
11. Taking a holistic view to the overall product lineup when considering product manager change requests. Consider the placement of products in their categories and within the constraints of platform compliance.
12. Act as member of various management committees including Chair of Product Management Committee.
13. Determining appropriate mergers, closures, feature, series extensions and pricing changes.
14. Own initiation and maintenance of regulatory documentation for all vehicles including mutual funds, ETFs, pooled funds, CITs etc.
15. Develop and maintain segregated models that align to the UMA/SMA environments in Canada and US.
16. Works with senior leaders to develop product priorities based on the strategic priorities of TDAM/TD Epoch guide their teams in the execution of key initiatives.
17. Defines and develop new business initiatives and major product line changes or expansions, consider the impact of pricing changes and cost allocations for overall firm profitability.

Specific Educational Requirements:

1. Undergraduate degree required; Post Graduate degree preferred.
2. CFA designation is a requirement.

Other Qualifications/Skills/Experience:

1. Minimum 15 years' experience in product development with specialized expertise in global institutional product design and execution.
2. Previous experience developing and executing on strategies and delivering superior results in both the short and long term.
3. Proven ability in leveraging deep subject matter expertise to align teams to a central vision, while also listening and engaging others to provide input in the shaping of that vision.
4. Proven ability to manage and motivate a diverse group of professionals.
5. Strong people management skills with demonstrated experience in leading high performing teams.
6. Strong collaborator who engages colleagues, business partners, external stakeholders, and employees.
7. Strong presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with senior management at all levels.
8. Skillful communication (written and verbal), negotiation and partnership skills to balance stakeholder input but remain objective to reach the right outcome - ability to stay resilient under pressure.
9. Demonstrated relationship building skills, with the ability to make things happen through the use of positive influence.
10. Strong people leader who possesses the ability to effectively work in teams across the bank with multiple stakeholders and to influence and align others.
11. Expertise in working effectively in teams - requires a track record of working cross-organizationally and with multiple stakeholders at varying levels.
12. Robust organizational skills with the ability to work in a fast paced environment and manage multiple deadlines and priorities.
13. Excellent analytical skills in assessing risk, issues and challenging the status quo.
14. Demonstrated experience successfully leading a large scale change initiative.
15. Proven successful client relationship management skills.
16. Strong knowledge of the related regulatory environments.

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.

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.

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.

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