Derivatives Portfolio Manager, Vice President, Asset Allocation

Description :TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. As of September 30, 2025, TDAM and its affiliates manage over $500 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 accomplished Derivatives investment professional at the Portfolio Manager, Vice President level to join the Asset Allocation team. The candidate must demonstrate expertise in derivatives or macro cross-asset investing and possess a strong commitment to advancing investment excellence across a broad range of global multi-asset investment solutions.TDAM's Asset Allocation team manages over $100 billion in assets of global multi-asset portfolios. The team designs and manages portfolio solutions to help retail, high net worth and institutional clients achieve their investment goals. The Asset Allocation team employs a multi-disciplined investment process that integrates macroeconomic, cross-asset and fundamental research and leverages quantitative and qualitative analysis to deliver investment excellence through strategic portfolio design and tactical management across asset classes such as global fixed income, equities, derivatives and private assets. The team uses a collaborative approach to decision making, placing a high value on cultural fit and alignment for our growing high impact business.The Derivatives-focused Portfolio Manager, Vice President will be directly involved in derivative idea generation, multi-asset allocation strategy, portfolio construction, daily portfolio management, analytics, trade modelling and risk management. The selected individual will closely work with senior portfolio managers and have an impact on investment performance and business growth. The individual should be passionate about global markets, highly committed to investment excellence and enjoy working in a collaborative team environment. Over time, the individual would have opportunities to lead team initiatives, mentor junior staff and conduct client-facing investment presentations.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.Determine and manage strategic and tactical asset allocation 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.Lead the design and evolution of investment and risk monitoring frameworks, using quantitative and qualitative analysis to enhance portfolio outcomes.Lead investment strategy analysis, ongoing engagement and evaluation of internal managers and external partnersCollaborate 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 of 6 years of experience in an investment management role covering derivatives or global macro cross-asset. Experience in discretionary investment decision making and risk taking in derivatives, Chartered Financial Analyst (CFA) or Chartered Investment Manager (CIM) designation, completion of derivatives license exams are preferred.Demonstrated ability to evaluate complex investment strategies, propose 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.Strong programming and quantitative skills and experience using investment analytical tools (e.g. Bloomberg, FactSet, risk modelling software) would be assets.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 growth of the Asset Allocation team.**4 days required in the office**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 PackageOur 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. 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. 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 & OnboardingWe 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 youLanguage Requirement (Quebec only):Sans Objet