Associate - Global Markets Documentation (Derivatives Negotiator) - TDS, US

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:

Preferred Qualifications:

Associate - Global Markets Documentation

Department Overview

The Global Markets Documentation Team in Global Markets Transaction Management is an integral part of TD Securities. The group provides best-of-class service to business partners in TD Bank Financial Group (the Bank) through negotiation and execution of agreements that govern capital markets trading products. The team is committed to providing a seamless client experience while managing the bank's risk.

Job Description

The position will be responsible for providing best-of-class service to clients of TD Securities and internal business partners by preparing and negotiating legal documentation with global counterparties for trading products such as derivatives, foreign exchange and fixed income products, i.e. repo/securities lending agreements, ISDA Master Agreements, prime brokerage agreements, and related credit support documentation. The position must ensure that the Bank is adequately protected from legal, credit, business, and compliance risk in all of its trading documents; including master agreements, amendments, assignments and other legal documentation between the Bank and its counterparties. The position will also be required to build and maintain strong relationships with all stakeholders across the bank and be available to service the deal flow with tight deadlines from global desks.

Job Requirements

• Law degree.
• Work experience in capital markets is preferable.
• The candidate for this position will enjoy working on legal documentation, be able to effectively apply legal and sound risk management principles and display good drafting ability.
• Work under tight deadlines and has the flexibility to support global time zones as required.
• The candidate will be required to multi-task and meet tight deadlines in a fast-paced trading environment.
• Excellent written and verbal communication skills and good PC skills.
• Utilize technology to track and monitor workflow and update databases with required information.
• Produce reports and status updates as required.
• Escalate issues proactively and in a timely manner.
• Be a reliable source of reference to internal business partners.
• Provide assistance to the team on a day to basis and working on ad hoc projects as may be required.

Supplementary Job Requirements

The Associate - Global Counter Credit is responsible for primary oversight, monitoring and reporting for the Convertible Arbitrage and Municipal Finance trading desks. The Associate will also provide backup oversight, monitoring and reporting for several other NY Trading desks. This position works closely with the trading desk and prepares Credit Management reporting to be distributed to senior management.

Depth & Scope:

• Reviews and investigates trading excesses. Prepares daily excess reports and/or inventory reports
• Reviews daily requests for trading lines and obtaining required approvals via CAIRO or email
• Reviews daily ratings alerts and notification of Borrower Risk Rating upgrades / downgrades and prepares CAIRO credit reviews to reflect rating changes
• Maintains internal Credit Management trading line logs
• Prepares monthly reports
• Maintains required documentation for internal audit
• Prepares other related materials as required
• Ensures backups for monitoring and control function for the Loan/High Yield Sales and Trading and Cross Asset Trading portfolios are complete
• Maintains required documentation for internal audit
• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Education & Experience:

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
• Series 7, 79 and 63
• 3+ Years of related experience

Physical Requirements:

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

• Domestic Travel - Occasional
• International Travel - Never
• 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 Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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.