Treasury Manager - Pension ALM & Strategy

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$96,900 - $136,800 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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.

Job Description:

Role Overview

Manager, Pension Investment plays a significant execution and project management function in supporting the design, implementation, and ongoing oversight of enterprise pension investment strategies. With a strong emphasis on asset-liability management (ALM), risk management, portfolio analytics, and pension fund governance, the Manager delivers high-quality analytical work, project coordination, and actionable insights that contribute to prudent risk management, informed decision-making, and strong long-term outcomes for the pension plan.

The role partners closely with Treasury, Finance, HR, external investment managers, actuaries, and other external vendors. It focuses on translating strategic direction into operational excellence through effective project management and clear communication. The Manager will regularly present findings to management and governance committees.

Key Accountabilities

Pension Investment Strategy Execution

• Manage the end-to-end implementation of pension investment initiatives, including onboarding of a new investment manager, transition management, mandate funding, portfolio rebalancing, and strategic investment projects.
• Develop project plans, manage timelines, coordinate stakeholders, and monitor risks to ensure successful delivery of investment-related projects.
• Identify process improvement opportunities and contribute to the enhancement of pension investment practices and controls.

Asset Liability Management and Portfolio Analytics

• Support the oversight of pension investment risk management frameworks, including funded status risk and stress-testing methodologies, ensuring risk insights are effectively incorporated into investment decision-making.
• Collaborate with Finance and other stakeholders on the enterprise stress testing process, including assessing pension investment impacts, analyzing results, and preparing reports and presentations for the stress testing committee.
• Support the implementation of new portfolio analytics and risk systems, including defining and managing data requirements, ensuring data completeness, and contributing to data governance standards.
• Support the development of new performance and risk reporting dashboards using the new analytics platform, providing timely and actionable updates to senior management and investment committees.

Pension Fund Operations & Governance

• Partner with internal and external stakeholders to support pension fund operations, including oversight of investment data integrity, cash management to ensure adequate liquidity, coordination with external tax consultants on tax recovery processes, and oversight of the securities lending program.
• Coordinate with actuarial, finance, and accounting partners on funding, accounting, and valuation inputs, ensuring alignment with investment assumptions and strategies.
• Work with various stakeholders to support model validation processes, third-party risk management activities, business continuity management, and other Treasury governance processes, as well as the annual SOX audit of significant vendors, ensuring appropriate documentation and compliance with internal control requirements.

Team Support and Development

• Build strong working relationships across Treasury, Finance, Risk, HR, Legal, and external service providers (investment managers, consultants, actuaries).
• Influence outcomes through collaboration, sound judgment, and ability to balance differing stakeholder perspectives.
• Provide strong analytical and project management support to the Pension Investment team.
• Contribute to team knowledge sharing and help coach junior team members on technical analysis, project execution, and presentation skills.

Qualifications & Experience

Education & Credentials

• Undergraduate degree in Finance, Economics, or a related discipline.
• CFA charter holder or equivalent professional designation.

Experience

• 6-8 years of relevant experience at a pension fund, consulting firm, asset management firm, or other financial institution.
• Solid understanding of defined benefit pension plans, including funding, accounting, regulatory, and governance considerations.
• Demonstrated project management experience within a financial institution, including leading cross-functional initiatives, coordinating stakeholders, managing timelines and risks, and delivering operational, investment, or systems-related projects.

Core Skills

• Strong project management discipline, including the ability to structure work, manage multiple priorities, track dependencies, and deliver complex initiatives on time and within scope.
• Ability to communicate complex investment and risk concepts clearly and succinctly to senior audiences.
• Excellent analytical, problem-solving, and written communication skills.

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line.

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