Analyst/Associate, Prime Finance Funding - TD Securities (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:

Department Overview

Prime Finance Funding group raises liquidity and funding for the various businesses within Equities (Global Equity Derivatives, Prime Brokerage), while also managing all the cash/funding related trading activity across all product types (Stock Loan, Repo, Synthetics, Cash etc.) and financial resource management for the wider Prime Finance Trading Group.

We are looking to hire a Analyst/Associate for the Prime Finance Funding group within TD Securities - Prime Services in New York.

Job Description

• The Analyst/Associate role will cover two key areas:
  A) Engagement in the day-to-day P&L generation activities of the business (pricing, trading, booking, and sales).
  
  B) Programming (with oversight from senior team members) on the desk while working closely with our tech partners to develop new tools & infrastructure.

• The successful candidate will work closely with Prime Brokerage and Equity Derivative teams to help raise funding and liquidity for the Global Equities business
• Partner with various internal teams (Unsecured Funding, Finance, Strats, Operations, etc.) to facilitate liquidity needs and raise funding accordingly to meet regulatory and internal requirements
• Lead the development of technology solutions to serve the needs of the business working closely with our technology partners
• Manage the day to day trading, booking, P&L and maintenance of the Equity Repo and Secured Funding books in the US region
• Build client relationships to source liquidity and funding for TD from other market participants
• Operate effectively within the defined regulatory control framework and ensure inherent risks are timely reported, escalated and mitigated.
• Develop strong relationships within Front Office, Risk Management, Technology and Operations, while promoting an excellent client experience.

Job Requirements

• Undergraduate degree in Business, Finance, Computer Science, Engineering, Mathematics or a related field (MBA and CFA will be an asset)
• Up to 5 years of relevant work experience or internships, ideally within the banking or financial services industry
• Knowledge of Securities Lending, Repo, Total Return Swaps, Options would be an asset
• Technical skills in Python (Pandas), SQL, front-end/back-end development experience, etc.
• Interest in learning about regulations (Basel III etc.)
• Meticulous attention to detail, highly organized with the proven ability to set priorities;
• Flexibility and adaptability in a dynamic, fast-paced environment
• Superior interpersonal skills with both clients and colleagues
• Strong customer service orientation and focus on delivering high quality service
• Team player with a positive attitude and a willingness to contribute however and wherever possible;

The Analyst Sales & Trading provides quality, efficient and specialized sales and trading support on multiple and diverse range of assignments. The Analyst Sales & Trading also Inputs trade details into trade capture systems as directed by the Sales or Trading desks. The position also ensures that all required economic attributes are captured to appropriately reflect the economic impact for which the trade was intended, positions are appropriately valued and allows for cash flows and risk to be accurately represented. The Analyst Sales and Trading ensures that all required counterparty details and trade control codes are captured to facilitate downstream operations and regulatory reporting processes accurately and efficiently.

Depth & Scope:

• Knowledge and adherence to the following policies and procedures ensuring applicable staff under supervision are compliant:
• Internal Trades
• Trade Capture
• Credit Risk
• Market Risk
• Trading Strategy (associated with the respective Market Risk Policy)
• Trading Authority Letter
• Trading Supervision Standard
• Inputs trade details into trade capture systems as directed by the Sales desks
• Cancels and amends trades upon instruction or notification from the Sales desks
• Performs maintenance to applicable trades upon instruction or notification from the Sales desks

Education & Experience:

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
• Series 7 and 63
• 0-3 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

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 USWAPTDO@td.com. 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.