Vice President, TDS Operations, NY Middle Office

About this role

Work Location : New York, New York, United States of America Hours: 40 Line of Business: TD Securities Pay Detail: $120,000 - $170,000 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: Preferred Qualifications:

Department Summary:

Trade Support is a division of The Fixed Income Middle Office. Trade Support is responsible for pre and post execution trade support for the TD Securities trading businesses within Global Markets, Trade Support ensures trades are reflected in the front office trading systems on an accurate and timely basis. Trade Support supports both trading and sales functions in London, Dublin, Toronto, New York and Singapore with specific accountabilities pertaining to trade capture, position management, business reporting and client analytics.  Trade Support interacts with trading, Sales, Operations, Technology, Compliance and institutional customers to deliver its mandate. Trade Support will also support the ongoing development, design and adherence of the target operating model for front office processes that are required for effective trade execution, trade capture, position management and risk management.

Position Summary:

• Responsible for representing the Trade Support mandate to internal and external stakeholders during New York business hours.  In all instances it is expected that the individual will develop, promote and maintain positive relationships with all stakeholders.

• Analyse, identify and implement various process improvements and automation.

• Perform various data analysis within excel, which can then be presented to numerous teams including sales and trading.

• Responsible for the daily execution of the following activities:

• Supporting the IFI trading and sales desks with trade capture of multiple products in multiple systems. • Main Products: Short Term Duration Products (Repo – Bilateral & Tri-party, Funding) • Main Systems Used: ION Anvil, Calypso Derivatives, Bloomberg TOMS, TAAPS and FINRA TRAQS

• Ensuring all trades are captured accurately and in a timely manner. • Assisting in the resolution of STP feed outages. • Monitoring risk across the business to ensure that we adhere to policy limits. • Resolution of ah-hoc queries relating to risk and P&L discrepancies. • Investigation of ad-hoc trade queries – liaising with internal and external individuals to ensure all queries are resolved in a timely manner.

• Actively manage various initiatives and ad hoc requests.  Initiatives will vary from infrastructure improvements, changes in regulatory requirements to supporting local business initiatives.  The individual is expected to utilize their relationships to help drive these initiatives to completion.

• Evaluate any changes in regulatory requirements and changes in the business model and pro-actively make changes to adapt to maintain effective and efficient business support.  Where appropriate, the individual will engage multiple stakeholders globally in order to deliver the most cost effective, value-added solutions.

• Work in partnership with other teams to ensure any audit or regulatory findings are managed and cleared within the committed timelines.

• Ensure both Functional and Regional Management are kept current and apprised of all relevant issues relating to Trade Support activities with proper escalation of issues in a timely manner.

Required Qualifications:

• Minimum 10 years of experience in Fixed Income (FO, MO, Ops)

• Series 7 and Series 63 required

• B.A degree in Economics or Finance

• Strong understanding of fixed income products and/or trade lifecycle management.

• Strong Microsoft Excel skills, including data analysis, reconciliation, and reporting.

• Proven analytical and problem-solving skills with the ability to investigate and resolve complex operational issues.

• Ability to operate effectively in a fast-paced, deadline-driven environment.

• Strong communication skills with the ability to engage effectively with Sales & Trading desks and stakeholders across the organization.

General Job Description: The VP, TDS Operations leads a group of operational functions and activities via Team Leaders/Operations Officers/ Analysts/Specialists within a unit and provide guidance, leadership, coaching and development to ensure operational results and professional/personal development objectives are achieved for the overall group.

Depth & Scope: • Provides people management leadership by recruiting top talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required • Oversees a large team with functional diversity and complexity where activities involve multiple step transactions, multiple systems and jurisdictions, higher volumes and/or medium to high complexity • Expert knowledge of the business and operational functions supported • Leads teams with multiple points of internal and external contact including direct contact with Customers • Work focus time horizon is generally medium to long-term with moderate to high focus on strategic planning • Requires expert process management knowledge and the risk profile for team processes supported • Decision making authority and ambiguity and nature of issues managed are generally more complex

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