Associate - Sales & Trading, TD Securities

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$150,000 - $160,000 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:

The Associcate Sales & Tding is responsible for serving as support for the US Rates Trading Division of TD Securities (USA) LLC. This position will support the US Rates desk in New York by inputting trades (post execution), researching and resolving trade discrepancies, amend trades (per trader approval), support the gathering of documentation for new accounts group, act as a liaison between front, back and middle offices, amongst a variety of other responsibilities.

Depth & Scope:

• Gathers, researches information and analyzes the market
• Executes detailed data analysis and valuation
• Provides in-depth market reports and expert recommendations
• Identifies issues affecting clients and provides recommendations to remedy
• Develops deep client relationships and presents new ideas to clients
• Executes trades and secures deals with new clients
• Keeps market-making traders informed of relevant issues with their customers and products
• Obtains market prices from market-making traders and executes the trade
• Ensures all trades are confirmed with the broker/dealer
• Inputs trades (post execution), and Verifies transactions meet company policies and followed approved guidelines
• Researches and resolves trade discrepancies
• Confirms trade blotters against trades booked in systems
• Coordinates with back office on all failed trade status and communicates to front office
• Coordinates with back office on position breaks and reports to the front office
• Assists traders in mark-to-market process
• Coordinates trade reconciliation discrepancy resolution with back office
• Looks for ways to improve work flow efficiencies
• Reads and understands the Trading Supervision Standard
• Demonstrates governance, control and risk management behaviours in alignment with TD policies and practices

Education & Experience:

• Bachelor's degree, or specialized training / equivalent work experience
• 3+ Years of related experience
• Ability to work independently with minimal supervision, establishes priorities, and possesses strong communication, analytical and problem solving skills
• Management experience and solid computer skills a must

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 Vacatio