Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD General

Pay Details:

$96,900 - $136,800 CAD

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.

The Supervising Portfolio Manager provides oversight for TD Waterhouse Private Investment Advice’s “TD Privately Managed Program”. This program currently has in excess of $120 Billion in assets that are managed on a discretionary basis by over 475 Portfolio Managers (PM); this program is targeted for growth in the near to intermediate term. Supervision of these accounts is a regulatory requirement and is considered a high-growth area to TD PIA.

The successful candidate will:

• Be responsible for the supervision of managed accounts and Portfolio Managers in accordance with IIROC regulations

• Ensure the oversight processes and procedures fully comply with all CIRO Supervision requirements and internal compliance rules for the TD Privately Managed Accounts Program

• Together with the Designated Supervisor, work across divisions within TD to develop and implement process evolution as new technology solutions are rolled out for Portfolio Managers. Engage Wealth Technology and Compliance, among others, to ensure a compliant, efficient and scaleable process is designed, developed and implemented.

The primary responsibilities for this role include, but are not limited to:

• May chair the Portfolio Management Review Committee (PMRC), the internal governing body of the PMP that is tasked with development and review of program policies and procedures, as well as ensuring that oversight is taking place in accordance with IIROC requirements.

• Assume responsibility for the supervision of the TD Privately Managed Accounts Program, including the quarterly account oversight review of all households in the TD Privately Managed Portfolio Program to ensure that each managed portfolio conforms to CIRO regulations, program guidelines and aligns with the stated Investment Policy Statement.

• Undertake regular spot checks on the daily and quarterly review process to ensure that delegated supervision tasks are being adequately performed.

• Review for approval (or decline) all new PM applications. SPM is the final approver and holds veto over new Advisors permitted entry to the PMP.

• Coach program applicants on the preparation of an acceptable PM application.

• Coach PMs on investment portfolio construction, as required.

• Remove from “under supervision” as defined by CIRO, those PMs deemed to be managing prudent portfolios on behalf of their managed clients.

• Review and aid in resolving any issues that are escalated as part of the daily and quarterly review process as prescribed by the program guide.

• Co-ordinate discussion among appropriate members of the PMRC on any new issues, or questions, or requests for process changes that may arise from time to time with a view to fostering robust discussion and formulating new policies as appropriate.

• Act as a key resource and subject matter expert for all issues pertaining to this program.

• Participate in and provide input into any development within the program; from program enhancements, to testing, and implementation.

Key Interactions

The following internal interactions constitute an integral part of this position:

• Direct report to the Senior Manager.

• Branch Managers, Regional Managers, Investment Advisors, Portfolio Managers.

• May back-up the chair of the Portfolio Management Review Committee, composed of senior management and executive representatives from Wealth business, risk and compliance.

Qualifications / Skills / Experience:

• CIRO licensed as a Supervising Portfolio Manager

• Superior oral and written communication skills

• Strong problem-solving and decision making skills with ability to effectively communicate with senior managers and executives.

• Proficiency in MS Office Excel and Access is a benefit.

• Demonstrated ability to build strong collaborative business relationships

• Well organized, and able to execute well in a multi-task environment

• Retail portfolio management experience is desirable

Specific Educational Requirements / Accreditations:

• CIRO licensed as a Supervising Portfolio Manager / Designated Supervisor

• University degree required, in business or related field preferred

• Enrollment or completion of CFA is a definite asset.

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