Manager, Quantitative Analysis - Valuation and Risk Technology Solutions

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Job Description:

Preferred Qualifications:

TD Securities, the wholesale trading subsidiary of TD Bank is seeking a self-starting, motivated and high-performing individual to become a strong contributor in its dynamic technology organization. This is a prominent and complex role that will require the individual to interface with finance, operations, risk management, front office staff and other technology teams regularly. The role consists of leading the Business system analysis of the integration efforts between Valuation and Risk Services (VS/RCS/VSX) and The strategic quant library of the dealer (UQL). The candidate should effectively leverage and extend the Valuation Services (VS/RCS/VSX), Veritas and Risk platforms by increasing the product coverage and number of trading desks, integrating with downstream regulatory reporting, risk aggregation and P&L Attribution systems, produce pre-trade pricing, intraday risk and provide a variety of related services for derived market data, trade data and other related data firm-wide. The role requires a strong business and technical foundation within Capital markets, specifically working knowledge of IR, FX Fixed Income, and credit products, as well as a firm understanding of option theory. This role has a strong emphasis on being analytical, detail oriented, and is very hands-on.

Responsibilities include:

• Review of project documentation, functional and non-functional requirements documents and business plans
• Conduct data analysis and reconcile multiple data sources
• Participate in technical solutions design sessions, providing inputs from a requirement perspective
• Ad-hoc analysis, reporting, and presentation materials to support the decision making of executives
• Communicate effectively throughout the organization and collaborate effectively with cross-functional teams
• Independently investigate and resolve client support issues.
• Training new/existing clients and implementation teams on software.
• Provide internal mentoring and input into the direction of product development.
• Provide advice to clients on implementation/customisation requirements
• Identification of bugs and writing of resolution test plans.
• Design and create test cases for new software features
• Interact and communicate with clients and implementation teams
• Perform presentations on various methodologies, solutions and project results to clients

This person should have several of the following key skills:

• Work with senior management to develop platform and infrastructure strategies to support efficient model development and use.
• Work closely with front office trading and sales desks and provide ad-hoc support to them.
• Design and implement new infrastructure, interfaces, code generators, APIs and other technical components to enhance function of the C++ model libraries.
• Maintain strong knowledge of current markets, trends and innovations and adapt the platform approaches as appropriate.
• Provide support for performance analysis of the models and work with the quantitative modelers to improve.
• Partner with other areas in TDS including technology, risk management, treasury, finance, and compliance to deploy new or enhanced models to production.
• Adapt existing models in response to market evolution and changes

This person must have the following key skills:

• 7+ years of relevant experience
• Excellent written and verbal communication skills
• Strong interpersonal skills to explain and present concepts to technical and non-technical audiences alike
• Strong understanding of linear and non-linear interest rate and credit derivatives, Fixed Income, FX and Cash products
• Executing queries, building use-case scenarios for business requests and small enhancements
• Enjoys working in a fast-paced, team-oriented environment with competing demands
• Knowledge of the software development life cycle and release management processes
• Distinct ability and experience to lead data quality assessment and project implementation work
• Experienced stakeholder management through both formal and informal means
• Enjoys working in a fast-paced, team-oriented environment

Qualifications:

An advanced degree with minimum 3 years of experience in a software development or quantitative analytics role. Advanced degree can be a master or PhD in quantitative fields (e.g. Math, Physics, Engineering, Quantitative Finance). Alternatively, candidates with a bachelor's degree in quantitative areas plus 5+ years directly relevant experience are also considered.

The VP TDS - Tech Solutions is accountable for day to day management of a team of IT professionals (including both permanent and contract resources) in supporting assigned business clients / internal partners / stakeholder needs and requirements. May be involved in negotiating technology costs and scope in forecasting, planning process with subset of business clients within an overall Segment CIO or within a key technology Functional area.

Depth & Scope:

• Key role involved in negotiating technology costs and scope in forecasting, planning process with subset of business clients within an overall Segment CIO or within a key technology functional area
• Advanced knowledge and understanding of assigned business and bank technology standards (e.g., infrastructure, architecture, processes, applications, platforms, services) and managing people / projects
• Knowledgeable of external competition, industry and/or market trends in relation to own business
• Responsible for managing multiple teams and/or projects with increasing degree of complexity and broad scope (e.g., multi-function within line of business)
• Works independently and often autonomously in the management of projects, teams and operational disciplines and develops strategic thinking/ planning in the execution of work plans with a short to medium term business perspective
• Manages system enhancements, new releases or projects typically focused on a specific product/application of moderate scope and complexity
• Manages/Leads a group (e.g., Less Than 25) of IT professionals (e.g., developers, analysts, specialists, administrators and project managers)
• Orchestrates the development of resolutions, plans and strategies for operational advancement
• Generally reports to Sr. Manager or Executive role

Education & Experience:

• Undergraduate degree or Technical Certificate
• Graduate degree, preferred
• 7 - 10 years related experience

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.