Work Location:

Canada

Hours:

37.5

Line of Business:

Data & Analytics

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:

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for measurement and management of interest rate risk for the domestic and foreign subsidiary retail bank product portfolios, transfer pricing those portfolios and reporting margins and Net Interest Income (NII).

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for measurement and management of interest rate risk for the domestic and foreign subsidiary retail bank product portfolios, transfer pricing those portfolios and reporting margins and Net Interest Income (NII).

The Pension and Retirement Investment Management team is responsible for supporting the fiduciary investment committees in overseeing the pension and retirement investment portfolios of over 20 defined benefit, defined contribution, and savings plans (with total assets of over $15 billion).

Job Description/Accountabilities:

• Identify opportunities to innovate in the pension funds' ALM approach by integrating best practices in portfolio construction and risk management.

• Contribute to the development, implementation, and monitoring of ALM framework and tools, ensuring alignment with TD DB pension plans' risk tolerance, funding objectives, and liabilities.

• Develop long-term strategic asset allocation and risk mitigation strategies across Fixed Income and Return Seeking asset classes, by ensuring a balance between return generation, liquidity, and ALM risk management.

• Plan and contribute to the implementation of monthly compliance monitoring, liquidity management and portfolio re-balancing strategies for Canadian DB plans.

• Analyze, formulate, and present pension funding recommendations, taking into consideration current market conditions, investment strategies and impact to the bank's balance sheet.

• Lead thematic research on emerging risks which may impact current plan investments or portfolio construction decisions.

• Support preparation and review of presentation materials for the Fiduciary Committee or other senior audiences; provide analytical and operational support, ensuring timely responses to ad hoc requests from internal and external partners.

• Act as subject matter expert in pension liability, funding and risk modelling methodologies and support the design, development and maintenance of performance monitoring and reporting tools.

• Contribute to Regulatory compliance and Risk Management initiatives related to pension plans.

Specific Educational Requirements

• Undergraduate or graduate university degree in a technical field such as Mathematics, Statistics, Finance, etc.

• CFA and/or actuarial designation (FSA or FCIA) would be an asset.

Experience/Qualification/Skills:

• 5+ years of experience in the financial field; experience in Asset Liability Management and/or the pension investment area is preferred.

• Working knowledge of portfolio construction theories, portfolio management principles and financial markets.

• Strong risk management capabilities, particularly in managing interest rate, credit, and liquidity risks.

• Excellent quantitative skills and proficiency in portfolio management tools (e.g., Bloomberg, BlackRock Aladdin, etc.); experience with investment databases, eVestment, etc.

• Analytical thinking: Ability to analyze complex financial and market data, as well as liability cash flows, to inform decision investment making.

• Communication and presentation skills: clear and concise communicator, capable of simplifying complex investment or actuarial concepts for a broad audience and facilitate effective discussion on complex issues; experience in presenting to senior management, and investment committees would be considered an asset.

• Proven track record of taking ownership of projects and manage/prioritize multiple competing priorities.

• Self-starter that takes ownership with accountabilities with an ability to work with limited supervision; Dynamic and adaptable: comfortable working in a dynamic, fast-paced environment where every day is different!

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.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your 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.

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