Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$59,500 - $84,000 CAD

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:

The Global Operations and Business Services Family

Global Operations and Business Services is a diverse and dynamic group of professionals, whose varied talents and experiences enable us to provide critical risk management and control functions for sales and trading, investment, and corporate banking.  We are committed to innovation with purpose, execution with excellence, and continually improving the employee value proposition. We foster a culture of diversity, inclusion, and community giving. So, if you are zealous, collaborative, innovative, and enjoy visionary thinking, joining our team would be an ideal opportunity for you.

Why Funding & Liquidity Operations?

Funding & Liquidity Operations is part of Capital Market Operations and partners with the front office and other areas within TD Securities globally to mitigate risk for TD and our clients.

We are a Global team responsible for the cash management of TD Securities’ external Trading bank accounts and for determining TD Securities Internal funding requirements and communicating these to the appropriate funding desks.

In addition, this group manages confirmations, settlements and trade support process for TD Securities' Money Market trading activities. Funding & Liquidity Management Operations communicates daily with various internal and external business groups such as front office partners, offshore offices, and externally with Correspondent banks and various clients to meet our Service Level Agreement.

The team is heavily involved in strategic initiatives, business development, and process improvements to drive efficiency, improve client service levels and reduce risk.

Specific Accountabilities and Responsibilities

• Manage the Daily Funding Requirement platform and the Internal funding relationship setups with various Funding desks
• Support the Front Office Funding desk in providing their intraday daily cash positions, monitor aggregate internal funding requirements and manage their trade blotter and various cash management functions
• Manage, analyze, and direct USD dollar payments flow for main trading Nostro by utilizing various applications such as Intraday Liquidity Tool (IDL) and Liquidity Control Manager (LCM).
• Perform settlement and confirmation function for various US Money Market product ie Commercial Paper, Certificate of Deposit and Time deposit.
• Investigate and resolve cash breaks for Money Market products
• Contribute to a continuous improvement culture across Global Operations at the grassroots level by identifying opportunities for process improvements and development of business requirements
• Manage change and deal with ambiguity effectively in a rapidly changing environment
• Identify, understand and manage risk appropriately

Overview and Purpose:

• Report to Manager
• Conduct analysis, investigation and process improvement
• Complete transactions or other processing activities

Accountabilities to the Customer:

• Process transactions accurately and on time
• Escalate processing issues where necessary to ensure a high level of service is maintained
• Serve clients as required- adhere to Service Level Agreements and internal service delivery standards
• Identify opportunities to improve service delivery, support process improvement initiatives

Accountabilities to the Shareholder:

• Prioritize and manage own workload to meet SLA requirements for service and productivity
• Follow firm and industry regulations and operating practices in completing and recording transactions for either the firm or clients
• Escalate non-standard or high risk transactions or other activities as appropriate
• Ensure documentation prepared/ completed is accurate and properly reflects client/ business intentions and is consistent with relevant rules/ regulations
• Complete investigations- report/ escalate risk issues identified or process gaps
• Access systems, know and apply system capabilities, ensure upload/ download of information is completed timely and accurately
• Assist in analysis, development, testing and implementation of operating and process improvements

Accountabilities to the Team:

• Participate fully as a member of the team, promote team effectiveness and contribute to a positive work environment
• Support the team by continuously developing knowledge in own area
• Participate in performance management and development activities
• Keep others informed and up-to-date about the status/ progress of projects and all relevant or useful information related to day-to-day activities

Capability Requirements:

• Excellent communication and interpersonal skills
• Intellectual curiosity, passion for innovation and simplification
• Design, creativity and problem solving skills
• Aptitude for building relationships and ability to communicate complex issues to a wide array of business partners with differing levels of product experience
• Self-motivated and proactive team player, who takes ownership and accountability
• Strong organizational skills and the ability to effectively manage competing priorities in a fast paced environment
• Proven analytical skills, problem solving ability, and meticulous attention to detail
• Strong sense of teamwork
• Commitment to excellence and client service
• leadership
• Ability to develop and maintain positive relationships with a network of contacts throughout the banking industry and act as a consultant to the different groups within the Bank such as Front Office, Credit, Finance and Technology

Education/Accreditations:

• Undergraduate degree in Business, Mathematics, Statistics or other discipline.
• Advanced proficiency in Excel; experience of programming languages would be considered an asset
• 5 years of progressive Capital Market experience at a financial institution

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 (Quebec only):

Sans Objet