Associate, US TD Securities Treasury

Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
TD Securities

Pay Detail:
$130,000 - $180,000 USD

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:

TDS Treasury is part of Global Markets in TD Securities, and manages the dealer's liquidity, funding and non-trading market risk. Within the group, the US TDS Treasury team is responsible for funding and liquidity activities and Asset and Liability management of TDS' US region entities.

TDS Treasury is looking for an individual with strong analytical and communication skills, and interest in understanding of capital markets products. This position will report to the TDS US Treasurer.

The Associate, TDS US Treasury will be accountable for:
? Participating in and helping to drive liquidity initiatives on behalf of TDS in the US region.
? Developing and building liquidity management tools to manage daily LCR, NSFR and cashflow forecasting.
? Supporting TDS US Treasurer in developing TDS US region funding strategy, annual funding plan, and contingency funding plan.
? Assessing new products and business requests in context of US liquidity and funding implications.
? Monitoring non-trading market risk limits for TDS US region and take actions when needed.
? Preparing materials for committee meetings and regulatory requests.
? Assisting other members of the team with ad-hoc requests as needed.

Education & Experience:
? Bachelors or Masters in Finance, Business Administration, Math, or Engineering
? 3+ years of experience in capital markets
? Experience with liquidity regulations. Ability to interpret rules and apply in wholesale business

Preferred Qualifications: ? Deep understanding of the capital markets industry including products and services. ? Technical background in regulatory frameworks (Basel Committee on Banking Supervision, Federal Reserve, Office of the Comptroller of the Currency, Office of the Superintendent of Financial Institutions) ? Strong analytical and problem-solving skills ? Must be a self-starter with demonstrated ability to work well individually and as part of a team. ? Ability to work with Front Office, Finance and Risk Management to enhance capabilities. Excellent communication and stakeholder management skills ? Technical skills in Excel, Bloomberg, Alteryx, SQL, VBA, Macro, Python etc

General Job Description:

The Associate TDS Sales & Trading (US) may specialize in Sales and/or Trading. Accountabilities vary based on area of specialization. Applicable registrations must be obtained prior to engaging in any transaction; product, geographical location, supervisory responsibilities, and client interactions must be considered.

Sales and Trading:

Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements. Executes trades with approved counterparties and within approved credit and counterparty limits, ensuring that trades are entered into approved inventories on a timely basis and positions are valued appropriately, in accordance with systems and policies (e.g., Trade Capture Policy, relevant regional Booking Point Policies and TDS After Hours and Off Premises Trading Policy). Complies with all established business line Market and Credit Risk frameworks, industry standards, regulatory requirements and Bank policies.

Sales:
Manages client relationships with a primary focus on sales and providing trading ideas and/or taking client orders. Obtains a current market price from an authorized trader, either verbally or electronically, before committing to a binding transaction.

Trader:
Manages market risk and applies discretion within assigned Market Risk Policy parameters to commit the organization to trading positions in trading books, operating within individual authorization scope and limitations of trading activities*. Responsible for end-of-day valuation of positions/portfolios.
? Note: a written and signed Trading Authority Letter (TAL) defines a Trader's market risk policies, approved products and key limits, including authority to trade after hours / off premises.

Depth & Scope:
? Is an experienced seasoned professional role requiring deep/specialized SME expertise in a customer segment or product / service line
? Is accountable for sales and / or delivery of solutions across business lines and segments
? Applies business and financial principles to improve delivery of the products and services provided
? Possesses a deep understanding of the business, the competitive landscape, and the economic and legal/regulatory environment affecting the industry and customer segment
? May provide customer relationship management of an assigned customer portfolio or lead teams within an assigned territory / account base; serves as a segment or product expert
? Leads the identification, pursuit and management of accounts across a product or customer segment
? Solves complex problems and recommends to new product and service solutions
? Sets standards for planning and executing complex sales or account management processes; focuses on "consultative" advice and integrated solutions
? Impacts a range of sales achievement (P&L) for a product line
? Builds stakeholder alignment in providing solutions; conveys deep product or segment context in providing advice to customers and stakeholders
? Works independently as the 'senior or SME lead' for a given domain area and coaches and guides members within area of expertise
? Generally reports to a Supervising VP / Director

Education & Experience:
? Undergraduate degree
? 2+ years of related experience
? Proficient knowledge of multiple sales, trading and investment disciplines, strategy development, consulting principles, lines of businesses supported, banking industry, and product/customer markets
? Knowledge of current and emerging competitor and market trends
? Knowledge of risk management environment, standards and regulations
? Ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
? Ability to exercise sound judgement in making decisions
? Ability to communicate effectively in both oral and written form
? Ability to work collaboratively and build relationships
? Skill in using analytical software tools, data analysis methods and reporting techniques
? Skill in using computer applications including MS Office
? Ability to analyze, organize and prioritize work while meeting multiple deadlines
? Ability to work successfully as a member of a team and independently
? Ability to handle confidential information with discretion
? Ability to analyze complex information and develop plans to address identified issues
? Ability to work effectively and patiently with customers

Customer Accountabilities:

Sales and Trading:
? Develops and executes a sales plan for the assigned business portfolio, identifying potential clients, developing trading strategy and support requirements
? Develops appropriate solutions involving a wide variety of organization resources and TDBG partners as necessary
? Develops and maintains contact with market participants, marketing TD's trade capabilities
? Remains fully informed on industry research, market data, regulatory standards and economic trends for key markets
? Identifies and originates product sales opportunities / solutions, determine client needs and provide customized investment solutions
? Demonstrates awareness and understanding of the approved business strategies applicable to the business, ensuring all business dealings are in alignment with these strategies

Sales:
? Obtains a current market price from an appropriate trader, either verbally or electronically, before committing to a binding transaction

Trader:
? Trades in accordance with the Trading Authority Letter Policy (TAL) and respective Market Risk Policy(s) and Trading Desk Policy(s) applicable to the business
? Ensures that all required information or data associated with new, amended or cancelled trades is entered in or transmitted to the designated trade capture system (s) such that all required downstream trade lifecycle processes can be executed accurately and at the required time in accordance with the Trade Capture Policy

Shareholder Accountabilities:

PRINCIPLES OF PROPER CONDUCT AND SUPERVISION
? Demonstrates appropriate conduct, culture, ethics and behavior at all times and in accordance with the requirements of the TD Bank Code of Conduct and Ethics
? Reads, understands and agrees to comply with the Global Markets Supervision Standard in addition to the various centralized Front Office Policies as well as your desk operating procedures, as applicable
? Co-operates with all second and third lines of defense - they are authorized and obliged to be independent from and challenge the first line of defense
? New products, businesses or trading strategies must be pre-approved before being executed and in accordance with the TD Securities Change Management Governance Framework and the Global Markets Initiative Change Management Playbook
? Promptly reports to supervisor(s) or manager(s) any instances in which any violation or possible violation of firm policy, procedures or regulatory requirements has occurred

Customers' Interests Must Always Come First:
? Communications and dealings with customers must never be in conflict with the interests of the firm
? All communications with clients must be honest, fair, and balanced, and not deceptive or misleading
? Treats customers fairly - customer orders must take priority over firm orders
? Provides best execution at all times - spreads, mark ups, fees, charges must be reasonable
? Confidential information must not be misused and may only be shared with those with a legitimate need to know
? Customer complaints and/or feedback must be escalated and dealt with appropriately and transparently

Act with Integrity:
? There are no bright lines between what is proper versus improper. Consider the spirit, not just the letter, of the law. Always consider how your actions will look after the event. If in doubt, ask your Supervisor before executing. You must refer any areas of uncertainty or concerns to your Supervisor and/or Compliance. Always demonstrate regulatory and TD expectations of appropriate conduct and culture

Operate with Skill, Care and Diligence:
? Clearly understand your role and responsibilities. Ensure you have the tools and support required to demonstrate competency and control around ownership and oversight for your area of responsibility (Management Information, clear delegation, etc.). If you see a gap in terms of practices, systems, and controls, you must document and mitigate the risks and escalate to your Supervisor and/or Compliance

Observe Proper Standards of Market Conduct:
? Comply with any related Code of Conduct Compliance Policy that may apply to your activities. Individuals must ensure, based on liaison with and advice from and processing by Compliance, that they have all appropriate regulatory registrations before conducting any, or any new, regulated activity
? Market abuse of any kind is not permitted - including insider dealing, spoofing, improper disclosure or dissemination, misuse of internal/external information, manipulating transactions, misleading behavior. Misuse of the firm's systems, whether order handling, trading, communication or otherwise, is not permitted
? Comply in all respects with applicable antitrust and unfair competition laws. Employees may not enter into any arrangement, agreement or understanding, whether formal or informal to: divide or allocate clients, securities, markets or territories; fix prices, price components, bids, quotes, quantities or other terms and conditions of sales of goods or services; boycott or threaten to boycott another firm's good or services; to condition the purchase or sale of something on another; or to not buy or sell from a particular entity
? Conflicts of interests with customers must be identified, escalated and appropriately managed through disclosure or otherwise. Actions that would cause a conflict of interest that cannot be managed must be avoided. Customer gifts and entertainment must only be given or received in line with the TD Securities Gifts & Entertainment Policy. Personal Account trading must adhere to the firm's policy and must never conflict with client or firm orders

Employee/Team Accountabilities:
? Participates fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
? Supports the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
? Keeps current on emerging trends/ developments and expand knowledge of the business, related tools and techniques
? Participates in personal performance management and development activities, including cross training within own team
? Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
? Contribu...

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