Analyst III, PWM Pricing

TD•Toronto, ON

1d•CA$69,700 - CA$98,400•Onsite

About The Position

The Private Wealth Management (PWM) Pricing team is part of the dynamic PWM Solutions & Enablement team within PWM Strategy and Solutions. This team is responsible for Investment Platforms, Technology, Operations, and Digital Enablement for PIA, PIC, and FP, ensuring alignment with business strategy, profitable management of key flagship products, and exceptional client and wealth advisor experiences. To deliver a best-in-class investment solutions platform, the team focuses on product & pricing strategy, development, and management; ongoing advisor / product / pricing / process optimization; P&L management; and distribution support. This role specifically involves providing a broad range of pricing analysis, reporting, monitoring, and support to the Wealth Advice lines of business. The Analyst will report to the Senior Manager, PWM Pricing.

Requirements

Familiarity with wealth and investment management or experience in advice-channel pricing models and analytics.
Strong analytical skills and an ability to effectively provide concise recommendations in a positive manner.
Clear communication skills and comfort working with cross-functional teams, colleagues, partners, and stakeholders.
Prioritization and time management skills with the ability to work independently and responsively in a changing and ambiguous environment.
Strong organizational skills and attention to detail.
Commitment to continuous learning and being a team player.
Driven to find creative solutions to complex problems.
Experience using data and analytics to support decision-making.

Responsibilities

Providing pricing support to advisors.
Reviewing inquiries from the field on discount sharing charges.
Reviewing requests to cross-platform price households.
Reviewing pricing exceptions requests and providing recommendations to the Pricing Review Committee for all discount requests based on industry benchmarks.
Acting as a subject-matter expert in support of Wealth projects, including planning and executing on changes and updating processes and product features to adapt to regulatory changes and strategic initiatives.
Maintaining pricing information and other internal resources to reflect industry-wide best practices, processes, and policies.
Harmonizing and optimizing fee structures across channels to clearly differentiate advice offerings.
Developing frameworks to better understand detailed-level allocation of revenue, compensation, and expenses.
Supporting business growth by leveraging data to optimize pricing in advisors' books and identify areas of opportunity to apply consistent pricing practices.
Providing ad hoc pricing data, analysis, and project support.
Developing analytical insights for senior management to facilitate changes in pricing processes.
Ensuring policies and procedures are accurate and up to date.