Associate, Investment Portfolio

TD (South East Asia) Limited; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

TD Securities in Singapore seeks an Associate to join the Singapore Investment Portfolio team. You will identify, evaluate, and execute fixed income opportunities across global markets, working closely with the Desk Head and portfolio managers in Singapore, London, and Toronto.

The role involves portfolio construction, trade idea generation, risk monitoring, and hedging with bonds, rates, FX, and cross-currency strategies.

Qualifications

• Minimum 2-3 years of relevant experience in financial markets.
• Experience across treasury, risk, or fixed income roles is valued.
• APAC credit markets experience is advantageous but not required.

Responsibilities

• Identify and evaluate relative value opportunities in investment-grade fixed income.
• Generate investment ideas using fundamental, quantitative, and market analysis.
• Execute bonds, rate derivatives, FX, and cross-currency hedges.
• Monitor macro data, policy developments, and credit fundamentals for portfolio impact.
• Support Singapore and overseas PMs with execution and analysis.
• Maintain coverage of primary and secondary bond markets.
• Oversee P&L, funding, and trading operations.

Skills

Analytical and quantitative skills

Advanced Excel

VBA/Automation

Communication & stakeholder mgmt

Problem-solving

Entrepreneurial mindset

Tools

Bloomberg

Job description

Work Location: Singapore, Singapore Hours: 40 Line of Business: TD Securities Pay Details: We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description

About the Role

We are seeking a motivated Associate to join the Singapore Investment Portfolio team. As a member of the team, you will be responsible for identifying, evaluating, and executing fixed income investment opportunities across global markets. Working closely with the Desk Head and portfolio managers across Singapore, London, and Toronto, you will contribute to portfolio construction, trade idea generation, relative value analysis, trade execution, and ongoing risk management. The role offers exposure to a diverse range of fixed income products and hedging strategies.

Key Responsibilities

Portfolio Management & Investment Activities

• Identify and evaluate relative value opportunities across investment-grade fixed income markets.
• Generate investment ideas through fundamental, quantitative, and market-based analysis.
• Execute bond, interest rate derivative, foreign exchange, and cross-currency hedging transactions.
• Monitor market developments, economic data, central bank policy, and credit fundamentals to assess portfolio implications.
• Support portfolio managers in Singapore and overseas with execution, analysis, and portfolio-related initiatives.
• Maintain active coverage of primary and secondary bond markets.
• Monitor liquidity conditions, market technicals, and valuation dynamics across fixed income sectors.

Portfolio Operations & Desk Management

• Perform daily P&L calculation, attribution, and portfolio monitoring.
• Manage day-to-day funding requirements of the investment portfolio.
• Support trade capture, booking, and verification activities.
• Liaise with operations, middle office, treasury, finance, and counterparties to resolve settlement and operational issues.
• Assist in maintaining robust controls, documentation, and operational processes.

Your Profile

Experience & Background

• Minimum 2-3 years of relevant experience in financial markets. Candidates with more years of experience may be considered for a more senior position.
• Experience may have been gained in treasury, market risk, credit analysis, credit trading, fixed income sales and trading, syndication/origination, asset management, portfolio management, or related fixed income market roles.
• Experience in APAC credit markets is an advantage, but not necessary.

Technical & Market Knowledge

• Strong understanding of fixed income markets and bond valuation concepts.
• Working knowledge of interest rate swaps and FX products.
• Knowledge of cross-currency basis swaps, CDS, and other credit derivatives would be advantageous.
• Understanding of global macroeconomic themes and financial market linkages.
• Familiarity with Bloomberg and other market data platforms is beneficial.

Skills & Attributes

• Strong analytical and quantitative capabilities.
• Advanced Excel skills; VBA and automation experience are highly regarded.
• Demonstrated ability to proactively identify and solve problems.
• Self-motivated, independent, and capable of managing multiple priorities.
• Strong attention to detail and operational discipline.
• Excellent communication and stakeholder management skills.
• Positive attitude, strong work ethic, and a genuine passion for financial markets.
• An entrepreneurial mindset with a willingness to take ownership, contribute ideas, and continuously improve processes.

Our Culture

We value intellectual curiosity, open communication, and independent thinking. We encourage close collaboration on market views and investment ideas, regardless of title or seniority. Team members are supported to bring ideas to the table and to challenge consensus views constructively, contribute actively to discussions, and demonstrate an entrepreneurial mindset in pursuing investment opportunities and process improvements.

Who We Are

TD Securities 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

• Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and 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.

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. Here at TD, we hire and develop the best.

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

If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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