VP, Passive Fixed Income Team - TD Asset Management

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 150,000 - 190,000; Full time

Job summary

TD Asset Management, a member of TD Bank Financial Group, is seeking a senior fixed income investment professional to manage portfolios and ensure benchmark tracking with advanced quantitative analysis and risk controls.

The ideal candidate has 7–10 years of fixed income experience, a CFA designation, and strong Excel/VBA skills. You will collaborate across teams to deliver consistent client outcomes in a dynamic market.

Qualifications

• Preferred university degree in quantitative discipline (math, engineering or science) and / or business or economics.
• Demonstrates a high level of initiative, highly motivated and a self-starter.
• CFA designation.
• Registered as an Advising Representative with regulatory commissions undefined.

Responsibilities

• Manage fixed income portfolios to track their respective benchmarks within prescribed tracking variance.
• Participate in new order management activities.
• Monitor daily portfolio cash flows and characteristics and review and analyze required changes to portfolio structure using a variety of analytical tools.
• Design and implement fixed income trade programs.
• Ensure portfolio compliance with investment and regulatory policy.
• Conduct market and security specific analysis including corporate actions.
• Respond to portfolio administration inquiries and troubleshooting.
• Identify and implement process improvements.
• Participate in cross department initiatives.
• Participate in external client servicing requirements and presentations.

Skills

Fixed income

Portfolio management

Excel

VBA

Communication

Education

CFA designation

Quantitative degree / Business or Economics

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: TD Wealth Pay Details: $150,000 - $190,000 CAD This role is eligible for a discretionary variable compensation award that considers business and individual performance. 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

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of June 30, 2026, TDAM and its affiliates manage over $570 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients, retail mutual funds and ETFs. In attaining this client commitment, TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts. The Passive Fixed Income team manages a broad range of mandates designed to closely track fixed income benchmarks. The team leverages portfolio management, quantitative analysis, and efficient trading strategies to deliver benchmark-aligned returns while maintaining disciplined risk management and strong client outcomes.

Job Description/Accountabilities

• Manage fixed income portfolios to track their respective benchmarks within prescribed tracking variance
• Participate in new order management activities
• Monitor daily portfolio cash flows and characteristics and review and analyze required changes to portfolio structure using a variety of analytical tools
• Design and implement fixed income trade programs
• Ensure portfolio compliance with investment and regulatory policy
• Conduct market and security specific analysis including corporate actions
• Respond to portfolio administration inquiries and troubleshooting
• Identify and implement process improvements
• Participate in cross department initiatives
• Participate in external client servicing requirements and presentations
• Collaborate with other portfolio management team members and relationship managers to ensure the delivery of an excellent client experience
• Provide ongoing support to business partners including client servicing, relationship management and risk management'

Specific Educational Requirements/Skills/Accreditations

• Preferred university degree in quantitative discipline (math, engineering or science) and / or business or economics
• Demonstrates a high level of initiative, highly motivated and a self-starter
• CFA designation
• Registered as an Advising Representative with regulatory commissions undefined

Other Qualifications/Skills/Experience

• Minimum 7 – 10 years of fixed income investment experience and knowledge of fixed income benchmarks and methodology
• Demonstrated analytical and quantitative skills
• Strong proficiency in excel and VBA
• Solid understanding of portfolio management
• Familiar with financial market technology platforms
• Excellent oral and written communication skills, including ability to communicate complex investment ideals
• Ability to work independently and in a team setting
• Strong organizational, prioritization and time management skills
• Ability to do multiple tasks and deliver results in a fast paced, time sensitive environment
• Experience managing Fixed Income ETF's 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 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

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.

• base salary
• variable compensation
• health and well-being benefits
• savings and retirement programs
• paid time off
• banking benefits and discounts
• career development
• reward and recognition programs

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.

Language Requirement (Quebec only)

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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. 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.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

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.

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.

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.

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