Analyst - Core Trade Finance Financial Institutions - Global Transaction Banking, TD Securities

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$110,000 - $125,000 USD

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:

TD Securities ("TDS") provides a wide range of capital market products and services to corporate, government and institutional clients through Global Transaction Banking ("GTB"), Corporate and Investment Banking ("CIB"), and Global Markets ("GM"). The firm works with clients around the world, focusing selectively and strategically on key global financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Tokyo. www.td.com

GTB is a key growth business within TDS that provides the opportunity to make an impact with top tier organizations. We offer innovative solutions and treasury advisory services on large and complex liquidity, payments, and trade and working capital finance needs. The business constantly changes with macroeconomic conditions, unprecedented levels of innovation, interest rate environments, and Foreign Exchange ("FX") movements. Accordingly, GTB continues to invest and innovate to support our clients' evolving needs.

GTB is comprised of three business lines: Trade & Working Capital ("TWC"), Corporate Cash Management ("CCM"), and Financial Institutions ("FI"), which are underpinned by dedicated support functions, including GTB Risk & Control, Product Management, Client Solutions, Data & Analytics, and Deposit Portfolio Management. TWC is made up of Global Core Trade Finance ("GCTF") and Structured Trade & Export Finance ("STEF"), which is comprised of Export & Agency ("EAF") Finance and Working Capital Solutions ("WCS").

Global Core Trade Finance ("GCTF"):

• Clients principally include Fortune 500 and 100 companies with head offices located in North America and Europe, as well as key financial institutions.
• Develops client centric solutions to remove or reduce payment risk or facilitate working capital by employing traditional trade finance products (Standby Letters of Credit / Guarantees, Import Letters of Credit, Export Letters of Credit, or Documentary Collections) associated with our clients' domestic business needs or foreign sales and purchases.
• Supports strategic foreign banks and their clients' needs in North America & UK and acts as a trusted partner to mitigate risks in our markets.
• Works closely with internal TD internal partners to provide "One-TD" solutions to our clients.

Job Description:

This role is a junior to early-career entry point to a client coverage focused career in finance. We are seeking a candidate with the capability to add value today, and with the potential for a long-term career within our team. We are looking for a highly motivated individual with a deep intellectual curiosity, a passion for corporate finance and technology and outstanding interpersonal skills / EQ.

The Analyst will have a specialized position on the team, primarily supporting the Trade Finance Financial Institutions ("TFFI") portfolio which manages the issuance of Letters of Credit ("LCs") involving global correspondent banking partners. The Analyst will act as a key coordination point between external counterparties and internal TD stakeholders, including FI and Corporate Relationship Management, Credit, Risk, and Trade Finance Operations. The Analyst is expected to grow into an independent problem solver.  The ambition to develop leadership skills, both laterally and vertically, is essential.

The role requires strong organizational skills, attention to detail, and the ability to manage multiple transactions concurrently. The successful candidate will be expected to build deep product and process expertise in LC structures, documentation, pricing, and risk considerations, and to progressively take ownership of recurring workflows, reporting, and transaction support.

Primary Job Responsibilities:

• LC Reissuance & Correspondent Banking Execution (Primary Focu