Work Location:

United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$150,000 - $200,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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, 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, a deep understanding of capital markets products, and knowledge of internal and external liquidity policies.  This position will report to the TDS US Treasurer.

The VP, TDS US Treasury will be accountable for:

• Understanding business activity impact on regulatory and internal liquidity metrics. Advising business partners on liquidity targets and limits, as well as liquidity actions.
• Identifying gaps between liquidity reporting and regulatory requirements/approved internal liquidity assumptions. Working with US Treasury Liquidity team to improve quality of reporting.
• Understanding TDS' trading strategies and funding products, and identifying opportunities to structure trades or funding flows to improve liquidity positions. Liaising between Front Office, Finance, US Treasury team on liquidity optimization.
• 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. Working closely with TDS Treasury Liquidity Strategy team and US Treasury Liquidity team.
• Preparing materials for committee meetings and regulatory requests.

The VP Sales and Trading TDS develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions. The position liaises closely with the Bank's other operations in Canada, Europe, and the U.S. to assist in meeting the Bank's objectives.

Depth & Scope:

• Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectives
• Develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions
• Strict adherence personally and at a desk level to the firm's procedures
• Understands and complies with TD Policies, regulatory and compliance requirements
• Ensures that transactions are fully documented and processed accurately and in a timely manner
• Communicates bank policy information and strategy between the product head and relevant trading personnel
• Fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions
• Develops and maintains contacts
• Responsible for executing the ongoing trading exception report reviews for Money Markets Sales NY
• Understands the approved Business Strategies (Strategic Business Reviews SBRs), applicable to the business, and ensures that all of your business dealings are in alignment with these strategies
• Follows Credit Risk Policies and procedures, as they apply to the business and is responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies
• 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 and 63
• 5-7 Years of related experience
• Must be detail oriented and possess problem-solving skills
• Must be able to work independently with minimal supervision and establish priorities
• Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

Preferred Qualifications:

• Experience with liquidity regulations. Ability to interpret rules and apply in wholesale
• 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
• 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

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.