TD Wealth 110,000
- $150,000 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. 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. 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.
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. TD Asset Management is looking for a Research Associate tojoin our Quantitative Research team in Montreal or Toronto. The candidate will be responsible for the research, development, testing, implementation, and the maintenance of the quantitative equity return forecasting (alpha) models. They will also potentially assist the risk forecasting process,
the development of new products and the client reporting. The candidate will use a variety of quantitative techniques: from traditional statistical methods to factor modeling and advanced machine learning. Apply specialized skills and fundamental data science methods such as predictive factor modeling, time series forecast or deep learning, to build new equity returns forecasting models. Properly test, document, and vet the models as per regulatory and audit requirements. Continuously monitor the model performance for each strategy based on market conditions. Work closely with the data team, portfolio managers, and risk management team to investigate and fix issues with the alpha models as an key component in the quant investment process. Support the client portfolio and relationship management teams for ad-hoc analysis. Write research articles or white papers. We are looking for a recent university graduate with a strong technical and quantitative expertise, a propensity for teamwork, and a demonstrated ability to communicate effectively. D in Finance, Economics or in a related quantitative field such as Mathematics, Statistics, Data Science, Physics, Engineering, etc. (MSc, MBA, or MA). Excellent programming skills using Python and related packages. Ability to write complex queries to extract and transform data from a SQL server. Strong knowledge of financial markets, especially equities. Solid knowledge of stochastic calculus, time series,
probability theory, and statistics. Financial
experience:
factor models, econometrics, fundamental analysis, portfolio optimization. Academic or industry training in AI, machine learning, or deep learning. Programming experience with MATLAB or R. Knowledge of risk models such as BARRA, APT, Northfield, Axioma etc. and risk metrics and methods such as VaR and stress testing models. CFA designation or working towards obtaining it. Bilingual (English/French) TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches/stores. Together, we are reimagining what banking can be for our clients, colleagues and communities. 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. 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. 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
📌 Research Associate, Quantitative Research Team (Toronto)
🏢 TD
📍 Toronto