Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
TD Securities
Pay Details:
We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.
Job Description:
Organization:
TD Securities provides a wide range of capital market products and services to corporate, government, and institutional clients who choose us for our knowledge, innovation, and experience in the following key areas of finance: Investment and Corporate Banking, Capital Markets, Derivative Products. TD Securities works with clients around the world, and our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.
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Job Description
- In your capacity in this role, you will be on the Financial Resources Management desk, whose responsibilities span xVA valuation and risk management/trading, capital management as well as collateral optimization for the dealer.
- You will have frequent interactions with many groups across the firm, specially with sales/trading desks who originate the exposure that lead to xVAs and Capital/Collateral consumptions.
- In this role you will contribute to the modelling and valuations of xVAs and enhancement of the xVA management framework.
- Liaise closely with the Bank's operations in Europe, Asia Pacific, United States, and Canada, in order to aid in meeting the Bank's objectives.
- You will understand and comply with TD Securities Policies, regulatory and compliance requirements, ensuring transactions are fully documented and processed accurately and in a timely manner.
- Your position should be fully informed on market data, economic information, key industry developments, as well as regulatory standards, to ensure you are providing sound trading advice.
- Liaise closely with and develop internal and external contacts.
- You will be responsible for practicing and communicating Bank policy and strategy information between your Product Heads and relevant trading personnel.
- You are responsible for being aware of and understanding the approved Business Strategies (Strategic Business Reviews - SBR's), applicable to your business and ensure all dealings are in alignment with these strategies.
- Responsible for ensuring your Functional and Local Manager(s) are kept current and apprised of all relevant operational, risk management and control issues.
- Responsible for escalating any operational issues to all of your managers, as appropriate.
- Responsible for ensuring the Functional and Local Manager(s) are kept apprised of the business strategy. Ensure that the expectations of Functional and Local manager(s) are met. Where conflicts or issues arise, ensure that they are escalated to all managers and resolved in a timely manner
JOB REQUIREMENTS
Education
A Bachelor's or Graduate degree in Economics, Accounting, Finance, Engineering, Physics or a related field from an accredited post-secondary institution
Skills
- Experience in xVA and Counterparty Credit Risk Capital for derivative exposure
- Detail-oriented with a high level of integrity, honesty and professionalism
- Excellent communication skills (Verbal and Written)
- Strong team player: ability to act as a strong partner and collaborator; sharing information and solving complex problems
- Ability to act as a liaison between various parties
- Proactive, self-starting individual with high levels of ownership. Highly motivated and ability to coach others in technical areas and problem solving. Demonstrate strong business analytical skills, problem solving abilities, initiative and creativity
- Aptitude for building relationships and ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience.
- Ability to operate under pressure addressing time sensitive accountabilities in a fast paced environment
- Ability to operate independently with sound judgement without supervision required
- Strong proficiency in Python, MS Excel, Bloomberg as well as other MS Office products
- Contribute to pipeline statement and accounting reconciliation
- Any prior experience of Middle Office, Settlements, Documentation, or Commodities more broadly will be considered a plus
#LI-onsite
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 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. 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
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:
N/A.