TD Securities · 2 hours ago
Electronic Trading - Quantitative Developer (Director)
New York, NY
Full-time
Remote
Director/Executive
$250K/yr - $300K/yr
8+ years exp
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Responsibilities
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.
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.
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.
Is recognized as top level expert in a specific customer segment or product / service line with responsibility for identifying and interpreting trends in the market to structure sales / deals / trades / portfolios and get results.
Defines new approaches to sell and deliver solutions.
Anticipates emerging customer trends as a basis for recommending products and services and expanding the business.
Has a highly sophisticated understanding of customer needs and competitor offerings that contribute to the direction of the business line or segment.
Oversees the management and activities of large accounts and related servicing teams.
Manages the most strategic relationships that are characterized by significantly complex products and services provided and/or takes a significant business development focus.
Solves unique problems with broad impact on the business segment and financials.
Develops and implements new and innovative approaches to the sales process, including negotiation of terms and approaches to account management – provides expert advice internally and externally.
Impacts a range of sales achievement for largest accounts and relationships and a significant part of one or more business lines.
Communicates complex ideas, anticipates potential objections and persuades customers; negotiates significant terms.
Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meets the business needs on a complex project or program.
Identifies and leads problem resolution for project/program complex requirements related issues at all levels.
Generally reports to a Managing Director and above.
Develops and executes a sales plan for the assigned business portfolio, identifying potential clients, developing trading strategy and support requirements.
Develops appropriate solutions involving a wide variety of organization resources and TDBG partners as necessary.
Develops and maintains contact with market participants, marketing TD’s trade capabilities.
Remains fully informed on industry research, market data, regulatory standards and economic trends for key markets.
Identifies and originates product sales opportunities / solutions, determine client needs and provide customized investment solutions.
Demonstrates awareness and understanding of the approved business strategies applicable to the business, ensuring all business dealings are in alignment with these strategies.
Trades in accordance with the Trading Authority Letter Policy (TAL) and respective Market Risk Policy(s) and Trading Desk Policy(s) applicable to the business.
Ensures that all required information or data associated with new, amended or cancelled trades is entered in or transmitted to the designated trade capture system (s) such that all required downstream trade lifecycle processes can be executed accurately and at the required time in accordance with the Trade Capture Policy.
Demonstrates appropriate conduct, culture, ethics and behavior at all times and in accordance with the requirements of the TD Bank Code of Conduct and Ethics.
Reads, understands and agrees to comply with the Global Markets Supervision Standard in addition to the various centralized Front Office Policies as well as your desk operating procedures, as applicable.
Co-operates with all second and third lines of defense – they are authorized and obliged to be independent from and challenge the first line of defense.
New products, businesses or trading strategies must be pre-approved before being executed and in accordance with the TD Securities Change Management Governance Framework and the Global Markets Initiative Change Management Playbook.
Promptly reports to supervisor(s) or manager(s) any instances in which any violation or possible violation of firm policy, procedures or regulatory requirements has occurred.
Communications and dealings with customers must never be in conflict with the interests of the firm.
All communications with clients must be honest, fair, and balanced, and not deceptive or misleading.
Treats customers fairly – customer orders must take priority over firm orders.
Provides best execution at all times – spreads, mark ups, fees, charges must be reasonable.
Confidential information must not be misused and may only be shared with those with a legitimate need to know.
Customer complaints and/or feedback must be escalated and dealt with appropriately and transparently.
There are no bright lines between what is proper versus improper. Consider the spirit, not just the letter, of the law. Always consider how your actions will look after the event.
Clearly understand your role and responsibilities. Ensure you have the tools and support required to demonstrate competency and control around ownership and oversight for your area of responsibility (Management Information, clear delegation, etc.).
If you see a gap in terms of practices, systems, and controls, you must document and mitigate the risks and escalate to your Supervisor and/or Compliance.
Individuals must ensure, based on liaison with and advice from and processing by Compliance, that they have all appropriate regulatory registrations before conducting any, or any new, regulated activity.
Market abuse of any kind is not permitted – including insider dealing, spoofing, improper disclosure or dissemination, misuse of internal/external information, manipulating transactions, misleading behavior. Misuse of the firm’s systems, whether order handling, trading, communication or otherwise, is not permitted.
Employees may not enter into any arrangement, agreement or understanding, whether formal or informal to: divide or allocate clients, securities, markets or territories; fix prices, price components, bids, quotes, quantities or other terms and conditions of sales of goods or services; boycott or threaten to boycott another firm's good or services; to condition the purchase or sale of something on another; or to not buy or sell from a particular entity.
Conflicts of interests with customers must be identified, escalated and appropriately managed through disclosure or otherwise. Actions that would cause a conflict of interest that cannot be managed must be avoided. Customer gifts and entertainment must only be given or received in line with the TD Securities Gifts & Entertainment Policy. Personal Account trading must adhere to the firm’s policy and must never conflict with client or firm orders.
Participates fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
Supports the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit.
Keeps current on emerging trends/ developments and expand knowledge of the business, related tools and techniques.
Participates in personal performance management and development activities, including cross training within own team.
Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities.
Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
Contributes to a fair, positive and equitable environment that supports a diverse workforce.
Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally.
Qualification
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Required
Undergraduate degree
8+ years of related experience
Mastery level 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 contribute to strategic direction of the function and provide advice to senior leadership
Ability to establish goals and objectives that support the strategic plan
Skill in mentoring, coaching and performance management
Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
Ability to exercise sound judgement in making decisions
Ability to make an impact, influence and achieve results with effective negotiation, problem-solving and communication skills
Ability to work collaboratively and build relationships across teams and functions
Skill in using analytical software tools, data analysis methods and reporting techniques
Skill in using computer applications including MS Office
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to work successfully as a member of a team and independently
Ability to handle confidential information with discretion
Ability to provide guidance and expert advice to management or other groups on technical, systems or process related topics
Ability to determine which issues to escalate versus to resolve independently, and provide suggestions for possible resolution
Benefits
Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition
Company
TD Securities
TD Securities is an investment banking that offers global transaction, M&A advisory, foreign exchange, and equity research services.
5,001-10,000 employees
H1B Sponsorship
TD Securities has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (34)
2022 (26)
2021 (33)
2020 (33)
Funding
Current Stage
Late StageLeadership Team
Riaz Ahmed
President and CEO
Malcolm Lang
Chief Operating Officer & Chief Financial Officer
Recent News
2024-10-28
2024-10-10
2024-05-31
Company data provided by crunchbase
