Alternative Investments Manager Research Analyst - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

402163BR

Wealth Management

Toronto, ON

March 8, 2023

Company Overview

Department Overview

Job Description:

The Analyst role is a multi faceted one, requiring a high degree of technical competency and indepth industry knowledge

It requires:

Substantial interaction with investment managers, as well as operations, risk, legal and compliance departments, and various internal product support groups
Expert knowledge of investment management strategies, capital markets and regulatory framework with focus on Offering Memorandum funds and Prospectusbased alternative mutual funds
A thorough understanding and commitment to TD Wealth Management's objectives, including providing TD clients with access to bestinclass managers and strategies, and delivering greater value over the longterm through downside protection

Key accountabilities of the role include:

Conduct initial screening and evaluation as well as ongoing reviews/analysis of specific alternative investment managers and mandates, becoming attuned to the firm's philosophy, people, process and performance
Collect, update and review exposure reports
Organize, prepare for and effectively execute periodic investment manager interviews
Monitor alternatives, including private markets mandates on the TD Wealth preferred lists for performance versus expectations
Assist in the ongoing maintenance and enhancement of performance reports for the various TD Wealth distribution channels
Assist in the creation of detailed fund profiles for all products on TD Wealth's alternative investment preferred list
Lead the annual and quarterly due diligence process for alternative investment fund companies on the platform; involves working with third party firms to complete RFIs, analyzing responses to ensure compliance with guidelines and presenting noncompliant firms and products to the Investment Risk Committee for review
Accountable for Risk Rati ng assignment for Alternative Investments
Research and write timely alternative fund specific research notes/articles consistent with TD Wealth business strategy

Other accountabilities of the role include:

Maintain ongoing relationships with alternative investments and private markets managers
Stay current of industry events and to participate in related company initiatives
Track new development and noteworthy market news particularly on approved firm and products
Assist in the development of new tools and reports
Prepare fund analysis presentations and dashboards / scorecards for executives
Assist in the preparation of updates and timely research on significant capital market events, assisting other divisions with content for print materials
Develop an indepth knowledge of research systems that support the team's investment manager research function
Demonstrate a high degree of professionalism

Requirements:

Qualifications/Competencies /Accreditation:

Strong understanding of capital markets and specialized knowledge/experience in due diligence and/or investment manager research fields
Proven knowledge of financial markets with expertise in alternatives, including private market strategies
Ability to use technology to obtain and efficiently analyze information
Strong analytical skills
Effective oral and written communication skills, and able to present to senior executive member
Strong time management, prioritization and organizational skills are required to manage multiple deadlines and priorities
Well organized, detail oriented and able to execute well in a multi task environment
The ability to work both as part of a team and independently to complete tasks, including working over and above a regular workday as required

Specific Educational Requirements:

University degree in a related discipline preferably Mathematics, Commerce or Economics
Completion of the CFA and/or CAIA program would be considered a nice to have
CA and/or FRM qualification an asset

Experience Requirements:

5+ years of progressive experience in the financial services industry, of which at least 23 years experience of reviewing/conducti ng portfolio and operations due diligence on alternative investment managers is an asset. Prior experience reviewing and evaluating private equity, private debt and real assets managers is preferred.
Proficiency in MS Office (Excel, Word, PowerPoint) is a requirement; knowledge of Access and VBA is an asset
Possess an ability for understanding and finding new systems solutions to enhance the team's technology and research capability
Knowledge of soft ware packages that assist in investment product research (Morningstar Direct, Bloomberg, Pitchbook, Preqin, Factset, etc.)

Additional Information

LI

Hours

37.5

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

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