Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
TD SecuritiesPay Details:
$65,000 - $98,400 CADTD 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:
***Please note we have a pre-identified candidate selected for this position***
Global Operations and Business Services is a diverse and dynamic group of professionals, whose varied talents and experiences enable us to provide critical risk management and control functions for sales and trading, investment, and corporate banking. We are committed to innovation with purpose, execution with excellence, and continually improving the employee value proposition. We champion a culture of diversity, inclusion, and community giving. So, if you are zealous, collaborative, innovative, and enjoy visionary thinking, joining the team would be an ideal opportunity for you.
The Asset Securitization Operations team is part of Capital Market Operations that partner with the front office and other areas within TD Securities globally to mitigate risk for TD and our clients. We are a Global team that performs operational risk/exception management functions to protect the accuracy and efficiency for pre and post trade functions. In this role you will be heavily involved in strategic initiatives, business development, and process improvements to drive efficiency, improve client service levels and reduce risk.
Role Details:
The Asset Securitization Group is a leader in the securitization industry with a significant footprint in both the Canadian and US market. With experience in both Asset Back Securities (ABS) and Asset Back Commercial Paper (ABCP) markets, the group is highly regarded by both issuers and investors. The group works closely with a distribution team that has been instrumental in pioneering the securitization markets in Canada and in making TD Securities one of the top dealers of ABCP and ABS. ASG is focused on traditional asset classes originated by large Canadian and multi-national corporations, many of which are important clients of The Toronto-Dominion Bank.
In this role you will have an opportunity to understand the Asset Securitization business, while driving business results and providing legendary experiences for our clients and partners. As an analyst we will be looking for someone to take initiative and identify opportunities to work smarter and simpler. You are also expected to understand and manage market and operational risks inherent in the business.
Job Accountabilities:
- Ability to lead /collaborate and build and maintain strong relationships with key partners from across TD Securities (Sales & Trading, Accounting, Technology, and other key groups).
- Perform regular / routine processing functions such as month end procedures, account reconciliations, projections, running queries and reports, variance analysis, suspense and error resolution and set-up/maintenance of transactions / entries where applicable.
- Update Funding and paydown request and process SWIFT payments – MT 202, 103
- Manual generation of monthly Invoices
- Conduct standard reporting and analysis as directed
- Provides specialized analysis / administration, processing and verification or reconciliation support as assigned
- Provide reporting to rating agencies like DBRS
- Forecast and raise daily funding requests
- Demonstrate an innovative and can-do approach while building and cultivating an environment of innovation and participating in department projects to stream line our processes.
- Oversees resolution of issues and risks effectively and understands when to inform senior management.
- Deep understanding of operational risk management to effectively identify issues and dependencies and evaluate and enhance controls while keeping well informed of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
Other Qualifications/Skills/Experience:
- Self-starter with a high degree of initiative and the aptitude to learn and adapt quickly
- Working knowledge of the Asset Securitization business
- Basic knowledge of finance/accounting
- Ability to read and interpret credit agreements (CAIROs)
- A general understanding of the finance unit and operational functions for the Securitization business
- Strong analytical and problem solving skills; have an eye for detail; initiative to follow up on items or determine appropriate steps for timely resolution
- Effective communication skills – both written and verbal
- Strong interpersonal skills with an ability to easily relate to peers and management
- Expert skills in Microsoft Excel and other Microsoft Office applications
- Python or other analytical program experience
- Ability to handle projects; provide leadership on projects and demonstrate out of the box thinking
- Problem solving and working in a professional environment as part of an integrated team
- Well versed in regulatory rules and regulations impacting asset securitization operations.
- Highly organized and well-developed skills in negotiating and influencing with the capability to deal with conflicting points of view and to effect creative and responsive solutions
Education/Accreditations:
University or college degree
Capital Market 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):
Sans Objet