Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$200,000 - $280,000 USD

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.

Line of Business:

TD Wealth

Job Description:

The Head of Investment Product is responsible for formulating strategy that is required to build out the US product suite and its ongoing product management and development. This role leads the development and implementation of strategies, plans, policies, client solutions, and, tools related to all US Wealth Management product offerings. This role uses change leadership capabilities, demonstrated product management acumen and wealth industry experience that is specific to the US market.

Depth & Scope:

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required

Formulates product shelf strategy and overall direction for the US Product portfolio to enable successful attraction of clients and advisors and consolidation of assets

Responsible for defining the product line, and sourcing solutions (build or buy) including portfolio, pools, models; alternatives etc.

Delivers successful product launches (including coordination of training, technology, other functions and ongoing product support to the field)

Directs and coordinates the development of the US Product features and benefits, collaborating with other product groups, distribution channels, technology, marketing and other specialist areas

Monitors the external environment (competitors product or service offerings, technology developments etc.) and provides thought-leadership to ensure the Wealth Management US offering remains industry-leading

Keeps abreast of emerging issues, trends and evolving regulatory requirements to identify new opportunities and assesses potential impacts

Develops and manages productive internal and external relationships

Ensures risk issues are identified, mitigated and reported per enterprise policy / guidelines and ensures appropriate escalation processes are followed

Builds for the future and provides people leadership

Oversees people plans and strategies to attract, motivate and retain a highly diverse, qualified and engaged human resource base to fulfill current and future business needs

Provides strategic direction and ownership in developing, implementing, and managing U.S. Wealth's suite of investment products including investment management, brokerage, annuities (fixed, indexed, and variable) and structured products

Manages investment management product including strategies and manager's available on the platform

Manages solicitation policy for all products and services

Owns key vendor relationships with Envestnet, Halo, and MoneyGuidePro

Owns and manages TD Automated Investing, TD's robo-advisory program – including client onboarding, assets, NAG, revenue

Directs and coordinates the development of the US Product features and benefits, collaborating with other product groups, distribution channels, technology, marketing and other specialist areas.

Develops and manages the product development calendar and oversees the successful and seamless execution of deliverables

Manages the identification of competitive offerings in the market and their strengths and weaknesses

Prioritizes the presence and relative importance of key product deliverables

Determines the methodology to quantify market analysis to look at internal measurements and product performance to determine how the product impacts the Company operations including product life cycle, quality, technical support, marketing programs and sales support

Oversees the creation of product roadmaps to illustrate the vision for the product

Ensures the creation of scenarios to describe market problems and illustrate why product features/requirements are necessary

Directs market research projects and recommends methods for growing existing markets and developing opportunities for customer products and services.

Studies, analyzes and reports on quality of service, customer attitudes, economic conditions and government controls with respect to their effect on sales of existing or proposed products and services

Demonstrates effectiveness in creating and using conceptual frameworks to structure the develop insights into the consumer; as a result, demonstrates a high level of analytical rigor in formulation of product insights

Delivers financial results for the product/product suite via operation of all available levers: pricing, margin, volume etc., creates and delivers business cases to achieve strategic business results (acquisition, retention, customer experience, engagement and market share)

Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Ensures all products are in compliance and meet all regulatory requirements

Education & Experience:

Undergraduate degree is required and Post Graduate degree is an asset

7+ years of US product/investment industry knowledge

Series 7, 24, 66 (or equivalent) FINRA Registrations

Experience with the wealth industry and markets across segments, coupled with strong product management experience

Comprehensive knowledge of the design, development, implementation and profitability of product development and marketing in a financial/banking environment required

Strong understanding of and experience with industry-leading investment platform vendors (i.e., Envestnet, Pershing, etc.)

History of making an impact, developing and executing on strategies, and delivering superior results in both the short and long term

Proven ability in leveraging deep subject matter expertise to develop and deploy a vision and align others to that vision

Be known for providing creative thought leadership while also listening and engaging others to provide input in the shaping of that vision

Powerful communicator who engages colleagues, business partners, external stakeholders, and employees

Skillful communication (written and verbal), negotiation and partnership skills to balance stakeholder input but remain objective to reach the right outcome - ability to stay resilient under pressure

Demonstrated relationship building skills, with a superior ability to make things happen through the use of positive influence

Robust organizational skills with the ability to work in a fast paced environment and manage multiple deadlines and priorities

OCC:

This position is with a FINRA member, broker and/or dealer and is subject to the requirements of FINRA and Securities Laws.  May (or may not) be a registered position under FINRA.

Must be eligible for employment under standards established by FINRA.  Subject to the investigation and verification requirements of FINRA Rule 3110(e), including:  the Firm's obligation to investigate the good character, business reputation, qualifications and experience of an applicant for registration before applying to register the applicant with FINRA and filing the applicant's Form U4 with the CRD, and before representing on the applicant's Form U4 that it has conducted this investigation and verified the accuracy and completeness of the information contained in the applicant's Form U4; and the Firm's obligation to verify the accuracy and completeness of the information contained on the applicant’s Form U4, no later than 30 calendar days after the Form U4 is filed with FINRA.

Satisfactory results on a criminal background check, credit report check, civil litigation search, and regulatory agency or self-regulatory organization enforcement action search, and statements/certification from job applicant regarding administrative, civil, and/or criminal findings by any government agency/authority or self-regulatory organization, are required by federal law for this position.

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

Domestic Travel – Occasional

International Travel – Occasional

Performing sedentary work – Continuous

Performing multiple tasks – Continuous

Operating standard office equipment - Continuous

Responding quickly to sounds – Occasional

Sitting – Continuous

Standing – Occasional

Walking – Occasional

Moving safely in confined spaces – Occasional

Lifting/Carrying (under 25 lbs.) – Occasional

Lifting/Carrying (over 25 lbs.) – Never

Squatting – Occasional

Bending – Occasional

Kneeling – Never

Crawling – Never

Climbing – Never

Reaching overhead – Never

Reaching forward – Occasional

Pushing – Never

Pulling – Never

Twisting – Never

Concentrating for long periods of time – Continuous

Applying common sense to deal with problems involving standardized situations – Continuous

Reading, writing and comprehending instructions – Continuous

Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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 & 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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.