Associate, Convertible Bonds - TD Asset Management

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.

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 March 31 2026,, TDAM and its affiliates manage over $510 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.

We are seeking an Analyst or Associate, Convertible Bonds, to join the High Yield Credit team at TD Asset Management. The role will focus primarily on supporting the team’s convertible bond strategy while also contributing to the broader research and portfolio management needs of the High Yield team. Responsibilities include, but are not limited to: Perform fundamental research on assigned convertible issuers, including business quality, credit analysis & modelling, equity valuation, management, competitive dynamics, catalysts and downside risks; build and present the investment thesis and recommendation, and monitor it as fundamentals and markets evolve. Build and maintain financial models incorporating credit analysis and equity valuation to assess issuer fundamentals and investment outcomes. Source, verify, and synthesize financial data, security terms, market developments, and industry information into a clear investment view. Value convertible securities using relevant measures including conversion premium, parity, delta, bond floor, yield, spread, and scenario-based return analysis. Analyze prospectuses and trust indentures, including conversion terms, calls, puts, covenants, and other relevant structural provisions. Contribute to the development and implementation of the team’s convertible bond strategy, including its research, analytical and investment processes. Conduct timely analysis of primary-market opportunities and support broader research and portfolio management needs of the High Yield team. Manage relationships with sell-side contacts, rating agencies, third-party research providers, and management teams. Demonstrate comfort using AI/LLM-based tools and creating value-added research workflows. Job Requirements: Bachelor's degree required; progress toward the CFA designation preferred. Relevant investment research experience preferred; level will be based on experience. Strong accounting, finance, financial modelling, valuation, writing, and communication skills. Experience using Bloomberg and Microsoft Office. Experience with convertible bonds, public equities, or high yield credit research is an asset. Knowledge and/or interest in the technology sector,