Associate Portfolio Manager, Global Multi-Asset - TD Asset Management

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Wealth

Pay Details:

$120,000 - $150,000 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 Group, is a Canadian investment management firm with a growing global presence. 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. TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 330 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.

We are recruiting for an Associate Portfolio Manager to join the Global Multi-Asset team. The successful candidate will demonstrate expertise in derivatives or macro cross-asset investing and a commitment to investment excellence across a broad range of investment solutions. This role offers a unique opportunity to develop expertise across asset allocation, macro investing, derivatives, public and private markets, portfolio construction and risk management within one of Canada's largest investment platforms.

TDAM's Global Multi-Asset team manages over $110 billion in assets across a range of diversified portfolios. The investment team constructs and manages portfolio solutions that draw on opportunities across public and private markets, including global equities, fixed income, commodities, private markets, and liquid alternatives.  The Global Multi-Asset team employs a multi-disciplined investment process that integrates macroeconomic, cross-asset and fundamental investment research, portfolio construction, risk analysis and sophisticated derivatives implementation to deliver investment excellence through strategic portfolio design and tactical management.  The investment team uses a collaborative approach to decision making, placing a high value on cultural alignment and intellectual curiosity for our growing business.

The Associate Portfolio Manager will be directly involved in derivative idea generation, multi-asset strategy, portfolio construction, daily portfolio management, analytics, trade modelling and risk management.  The selected individual will closely work with senior portfolio managers and have a direct impact on investment performance, portfolio outcomes, and continued growth of TDAM's diversified investment solutions. The individual should demonstrate high personal accountability, strong analytical capabilities, sound investment judgement and risk awareness, drive for investment excellence and enjoy working in a collaborative team environment. The successful candidate will progressively assume greater investment decision-making and portfolio management responsibility, contribute to portfolio risk-taking and investment performance, lead strategic initiatives, and interact with clients and senior business leaders.

Key Responsibilities:

• Develop derivative ideas relevant to a broad range of investment objectives and risk constraints and actively manage the full life cycle of investment positions in a timely manner.
• Daily active management of global multi-asset portfolios, ensuring optimal market exposures, cash levels, risk-adjusted returns, alignment with client objectives, and compliance with regulations.
• Contribute to strategic and tactical positioning for investment mandates, leveraging macroeconomic insights, thematic research, cycle/regime analysis, investment factor analysis, asset class trading, investment strategy structuring and risk modelling.
• Develop and articulate trade rationales with a focus on portfolio impact, investment thesis, and risk considerations.
• Contribute to the design and evolution of investment and risk monitoring frameworks, using quantitative and qualitative analysis to enhance portfolio outcomes.
• Conduct investment strategy and portfolio construction analysis, ongoing engagement and evaluation of internal managers and external partners.
• Collaborate cross-functionally with internal teams, including Portfolio Managers, Analysts, Traders, Client Portfolio Managers, Investment Operations, and Risk Management to ensure excellent investment execution and client engagement.

Qualifications & Experience:

• Minimum 3 years of relevant investment experience in derivatives, global multi-asset portfolio management, investment research, trading, or related investment disciplines.
• Experience in discretionary investment decision making and risk taking in global multi-asset strategies including derivatives.
• Progress toward a CFA or CIM designation, as well as derivatives licensing, are assets.
• Demonstrated ability to develop independent investment views, evaluate complex investment strategies, generate investment ideas, and manage risks in an evidence-based manner.
• Deep knowledge and strong application of macroeconomic analysis, portfolio construction, investment markets, strategies, trading and risk analytics.
• Experience with quantitative research and investment technology tools such as Python, SQL, Bloomberg, FactSet, and portfolio analytics systems is an asset.
• Bilingual, French-English would be an asset.      
• Excellent attention to detail, high level of intellectual curiosity, problem-solving, and prioritization skills.
• Excellent communication skills, both verbal and written, with the ability to effectively communicate complex subject matter to audience with varying levels of knowledge.
• Self-starter who will independently learn and explore topics in a rapidly evolving investment landscape.
• An entrepreneurial and open mindset that seeks to grow with the team and the business over the long-term.
• Embrace a team-first mindset, actively fostering a collaborative and supportive culture, sharing insights, and contributing to the overall achievement of the team's goals.

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. 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.

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.

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
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