Description:
TDS Treasury is part of Global Markets in TD Securities, and manages the dealer's liquidity, funding and non-trading market risk. Within the group, US TDS Treasury team is responsible for funding and liquidity activities and Asset and Liability management of TDS' US region entities.
TDS Treasury is looking for an individual with strong analytical and communication skills and a deep understanding of capital markets products. This role will cover a range of treasury related initiatives with focus on non-trading market risk management (NTMR). This position will report to the TDS US Treasurer.
The VP Sales and Trading TDS develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions. The position liaises closely with the Bank's other operations in Canada, Europe, and the U.S. to assist in meeting the Bank's objectives.
Key Responsibilities
- Maintain and update the TDS NTMR framework and policies for US entities, working with Risk Partners.
- Work with the businesses and TDS Treasury on cross functional impacts including balance sheet forecasting, new product creation, liquidity and fund transfer pricing, and entity level capital management.
- Assess new products and business requests in context of US NTMR, liquidity and funding implications. Work closely with TDS Treasury Enterprise NTMR team and US Treasury Asset & Liability Management group.
- Build enhancements of TDS banking books and products in risk infrastructure and reporting, with proper implementation standards.
- Work with stakeholders to change and improve operational booking models
- Preparing materials for committee meetings and regulatory requests.
Depth & Scope
- Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectives
- Develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions
- Strict adherence personally and at a desk level to the firm's procedures
- Understands and complies with TD Policies, regulatory and compliance requirements
- Ensures that transactions are fully documented and processed accurately and in a timely manner
- Communicates bank policy information and strategy between the product head and relevant trading personnel
- Fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions
- Develops and maintains contacts
- Responsible for executing the ongoing trading exception report reviews for Money Markets Sales NY
- Understands the approved Business Strategies (Strategic Business Reviews SBRs), applicable to the business, and ensures that all of your business dealings are in alignment with these strategies
- Follows Credit Risk Policies and procedures, as they apply to the business and is responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies
- Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices
Experience
- Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.
- Series 7 and 63
- 5-7 Years of related experience
- Must be detail oriented and possess problem-solving skills
- Must be able to work independently with minimal supervision and establish priorities
- Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management