Portfolio Manager & Investment Strategist - New York, NY

TD Bank•New York, NY

12d•Onsite

About The Position

The U.S. Wealth Chief Investment Office ("CIO") is responsible for the development of TD Wealth U.S. market outlook, asset allocation positioning recommendations, portfolio management of U.S. Wealth's Home Office Portfolios and investment strategy research. The primary purpose of this role is the design, development and management of multi-asset portfolios for TD Wealth U.S. investment platforms, and the development and ongoing management of a robust investment research and analytical platform that requires an assessment of asset allocation, asset classes, and individual strategies and products that provide direct inputs for TD Wealth U.S. portfolios and models.

Requirements

University degree in a related field
10+ years of progressive experience in the financial services industry
Expert knowledge of capital markets, macroeconomic factors and cycles, and the investment management landscape
Significant knowledge of product structures including mutual funds, Exchange Traded Funds (ETFs), Unified Managed Account models (UMAs), Separately Managed Accounts (SMAs) and alternative investments
Significant experience in utilizing quantitative and qualitative due diligence and oversight criteria in assessing individual strategies that are slated for inclusion in the portfolios
Experience in asset allocation/portfolio construction, investment manager due diligence/oversight, and performance evaluation/attribution analysis
Strong analytical and technical skills
Proficiency in MS Office (Excel, Word) is a requirement
Well organized, and able to execute well in a multi-task environment
Effective communication skills

Nice To Haves

Preference for CFA/MBA
CAIA is an asset

Responsibilities

Supports day-to-day oversight of all TD Wealth firm discretionary portfolios and recommended investment solutions across U.S. Wealth platforms
Supports the implementation and trading of tactical asset allocation changes within discretionary portfolios
Conducts asset class research and fund coverage to inform portfolio construction and strategic positioning
Partners with Senior Portfolio Managers to conduct quarterly portfolio reviews, including performance measurement and attribution, to ensure portfolios are meeting stated objectives
Delivers and supports presentations on portfolio performance, asset allocation changes, and outcomes at TD Wealth investment oversight and governance committees
Provides field support for investment portfolios, serving as a key point of contact for investment advisors, relationship managers, and other stakeholders. This includes explaining portfolio construction, performance drivers, and the rationale for tactical and strategic investment decisions
Contributes to the development and design of investment solutions across all U.S. Wealth platforms
Leads and supports investment research and due diligence for mutual funds, ETFs, Separately Managed Wrap (SMAs), UMA models, and alternative investments held in U.S. Wealth portfolios, ensuring strategies align with portfolio objectives, risk profiles, and client needs including in-depth quantitative and qualitative analysis of underlying investment strategies
Provides research leadership and guidance on fund selection, affiliate managers, and mandates to investment advisors, relationship managers, and internal stakeholders
Leads the affiliate investment manager research and due diligence function for investment strategies and mandates available on U.S. Wealth platforms
Produces performance attribution analysis and commentary for individual funds, mandates, and portfolio exposures
Owns relationships with research vendors and application providers to continuously enhance the research function and the tools available internally to the CIO team and externally to advisors and relationship managers
Develops, articulates and communicates TD U.S. Wealth’s investment strategy and investment outlook for internal and external audiences
Contributes to thought leadership initiatives, including market reviews, investment strategy communications, ad-hoc research, and global investment publications across all Wealth channels
Presents investment views, strategy insights, and research findings on national conference calls and at TD Wealth conferences as required
Performs competitive analysis of industry, platform, and product trends to identify risks, gaps, and opportunities
Partners with Wealth Products teams to identify opportunities to add bench strength from a product category, strategy, or product structure perspective
Partners with Wealth Products and Practice Management to support advisor and relationship manager training and education programs focused on investment strategy, portfolio construction, and product usage
Partners with Senior Portfolio Managers and internal partners to develop and launch key initiatives to drive towards business and sales goals
Understands and supports the Bank's Customer Service Strategy
Considers the impact of decisions on the well-being of TD, its Customers and stakeholders
Provides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunity
Models quality service delivery at every interaction
Is engaged in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and creates an extraordinary employee experience
Participates fully as a member of the team and contributes to a positive work environment
May provide leadership, training, and guidance to other team members
Ensures ongoing communication with the team on the status/progress of projects and issues/points of interest
Actively shares information and knowledge, and proactively learns from the expertise of others