
VP- Asset Allocation Product Management - TD Asset Management
Job Description
Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
TD WealthPay Details:
$120,000 - $150,000 CADTD 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 Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of December 31, 2025, TDAM and its affiliates manage over $508 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.
In attaining this client commitment, TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.
Role Overview
The Vice President, Asset Allocation Product Management supports the management of TDAM’s multi-asset product platform, including risk profiled and model-based programs.
Reporting to the Lead of Asset Allocation Product Management, this role is responsible for supporting product positioning, lifecycle management, and product development initiatives, ensuring alignment between investment capabilities, client needs, and distribution priorities.
The role operates within TDAM's product model and partners closely with:
• Investment teams and Client Portfolio Management (CPM) to align product positioning with portfolio characteristics
• Product & Marketing Intelligence to support product enhancements and implementation activities
• Distribution and Marketing to support consistent and effective product positioning
Key Accountabilities
1. Product Performance & Commercial Oversight
- Monitor product performance relative to benchmarks and peer groups
- Assess AUM, flows, and client adoption patterns
- Identify drivers of performance and positioning gaps
- Support ongoing product reviews and recommend enhancements
2. Product Positioning & Use Case Maintenance
- Maintain clear product positioning across:
- Model portfolios and managed solutions
- Ensure alignment between product design, portfolio construction, and client use cases
- Support development of consistent product narratives across channels
3. Lifecycle Management & Product Stewardship
- Support ongoing management of the asset allocation product shelf
- Contribute to product rationalization and shelf optimization initiatives
- Assist in periodic product reviews, updates, and repositioning efforts
- Ensure documentation and product materials remain current and accurate
4. Market & Competitive Awareness
- Analyze competitor offerings and industry trends in multi-asset investing
- Identify implications for product positioning and competitiveness
- Support development of insights on:
- Managed solutions
- Model-based programs
- Retirement solutions
5. Stakeholder Coordination
- Act as a key point of contact across Investments, CPM, Distribution, Legal, Risk, and Marketing
- Support alignment between product strategy, positioning, and implementation
- Support stakeholder discussions with accurate product information
6. Product Development & Implementation Support
- Support product enhancement initiatives in partnership with Product & Marketing Intelligence
- Contribute to positioning and commercial input for product changes and new concepts
- Assist with implementation activities across product changes and launches
7. Product Documentation & Governance
- Ensure product offering documentation is complete, accurate, and aligned with mandates
- Support governance processes, including product approvals and updates
- Maintain adherence to regulatory requirements and internal policies
Qualifications & Experience
- 5–8 years of experience in asset management, product, investments, or strategy
- Strong understanding of multi-asset investing, including:
- Asset allocation frameworks
- Portfolio construction concepts
- Familiarity with investment vehicles (mutual funds, ETFs, model portfolios)
- Experience working with cross-functional teams in a regulated environment
- Strong analytical and problem-solving capabilities
- Preferred: CFA designation or progress toward CFA
- Preferred: Experience supporting product lifecycle management or product development initiatives
Success Profile
- Strong ability to translate investment concepts into product positioning
- Strong attention to detail and structured thinking
- Effective stakeholder management and collaboration skills
- Commercial awareness and understanding of client needs
- Ability to operate in a fast-paced, evolving environment
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