TDSAT Quantitative Researcher (Associate)

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$120,000 - $200,000 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:

The Associate TDS Sales & Trading (US) may specialize in Sales and/or Trading.  Accountabilities vary based on area of specialization.  Applicable registrations must be obtained prior to engaging in any transaction; product, geographical location, supervisory responsibilities, and client interactions must be considered.

Sales and Trading:
Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements. Executes trades with approved counterparties and within approved credit and counterparty limits, ensuring that trades are entered into approved inventories on a timely basis and positions are valued appropriately, in accordance with systems and policies (e.g., Trade Capture Policy, relevant regional Booking Point Policies and TDS After Hours and Off Premises Trading Policy). Complies with all established business line Market and Credit Risk frameworks, industry standards, regulatory requirements and Bank policies.

Sales: 
Manages client relationships with a primary focus on sales and providing trading ideas and/or taking client orders. Obtains a current market price from an authorized trader, either verbally or electronically, before committing to a binding transaction.

Trader:
Manages market risk and applies discretion within assigned Market Risk Policy parameters to commit the organization to trading positions in trading books, operating within individual authorization scope and limitations of trading activities*. Responsible for end-of-day valuation of positions/portfolios.

* Note: a written and signed Trading Authority Letter (TAL) defines a Trader's market risk policies, approved products and key limits, including authority to trade after hours / off premises.

Depth & Scope:

• Is an experienced seasoned professional role requiring deep/specialized SME expertise in a customer segment or product / service line
• Is accountable for sales and / or delivery of solutions across business lines and segments
• Applies business and financial principles to improve delivery of the products and services provided
• Possesses a deep understanding of the business, the competitive landscape, and the economic and legal/regulatory environment affecting the industry and customer segment
• May provide customer relationship management of an assigned customer portfolio or lead teams within an assigned territory / account base; serves as a segment or product expert
• Leads the identification, pursuit and management of accounts across a product or customer segment
• Solves complex problems and recommends to new product and service solutions
• Sets standards for planning and executing complex sales or account management processes; focuses on “consultative” advice and integrated solutions
• Impacts a range of sales achievement (P&L) for a product line
• Builds stakeholder alignment in providing solutions; conveys deep product or segment context in providing advice to customers and stakeholders
• Works independently as the ‘senior or SME lead’ for a given domain area and coaches and guides members within area of expertise
• Generally reports to a Supervising VP / Director

Education & Experience:

• Undergraduate degree
• 2+ years of related experience
• Proficient knowledge of multiple sales, trading and investment disciplines, strategy development, consulting principles, lines of businesses supported, banking industry, and product/customer markets
• Knowledge of current and emerging competitor and market trends
• Knowledge of risk management environment, standards and regulations
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives