Senior Portfolio Research Analyst - TDAM

TD Description

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.

Department Overview

TD Asset Management (TDAM) is a member of TD Bank Financial Group and is one of Canada's largest investment management firms. As of December 30, 2020, TDAM and its affiliates manage over $407 billion in assets on behalf of pension, insurance, endowment/foundation and corporate clients, as well as high-net worth clients and retail mutual funds, across both active fundamental and quantitative-based solutions. On the retail investment side, TDAM is the third largest mutual fund company in Canada and manages assets on behalf of more than 1.9 million investors and offers one of the most broadly diversified fund families in Canada. A cornerstone of TDAM's success has been the ability to partner with its clients to develop customized solutions that meet their evolving needs and objectives.

Job Description

We are seeking an Associate, Corporate Credit to join the investment grade credit research group at TD Asset Management. The position is tailored for an associate that has some credit and/or investment experience and who would support senior analysts across multiple sectors.

Job Requirements

Responsibilities include, but are not limited to:
• Assist existing senior analysts with monitoring current holdings.
• Gather and filter financial data and news.
• Prepare models for tracking and anticipating changes in credit quality of followed companies.
• Prepare research reports and present to Credit Committee and portfolio managers.
• Maintain relationships with the sell-side, rating agencies and company managements to keep up-to-date on investment opportunities.
• Conduct economic, market and industry research, develop models to support data flow, control, and manipulation, and run reports (e.g., financial, trend, variance analysis, credit quality, asset management reports) on projected future performance
• Assist more senior analysts in assembling and reviewing data, conducting statistical analyses, and completing studies of industry groups, regions/sectors, or individual securities, including a broad range of U.S., Canadian and Global issuers
• Perform in-depth review of company's historical financial and credit performance, management assessment, competitive market dynamics and industry analysis
• Combine assessment of credit quality with thorough analysis of trust indentures governing various securities being analyzed
• Assist senior management with monitoring current holdings
• Gather and filter financial data and news
• Prepare research reports and present to committee/portfolio managers
• Build, maintain and analyze investment models using the appropriate software applications
• Prepare and present investment committee materials as required
• Contribute to special projects (for example ESG, Insurance etc.) as required
  • Must be eligible for employment under regulatory standards applicable to the position.


  • Qualifications

    • Bachelor's Degree required
    • Progress toward the CFA designation
    • 2 - 3 years of experience in analyzing investment grade credits or other investment assets in a buy-side, sell-side or rating agency environment preferred.
    • Excellent verbal and written communication skills required.
    • Experience with writing analytical reports.
    • Strong accounting and finance background.
    • Bloomberg, Microsoft Office experience.

    Nice to haves:
    • Experience in real estate or securitization is an asset, but not mandatory

    Inclusiveness

    At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

    If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

    EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.