Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$59,500 - $84,000 CAD

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:

Accountabilities:

Innovation

• Contribute to an environment of innovation that leads to working smarter and simpler

Development

• Develop a mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners

Culture

• Embrace diversity, respect one another and contribute to an environment where team members look forward to coming to work each day

• Recognize team members as more than just a fellow staff member, appreciate their individuality as a person

Functional Responsibilities:

• The position is responsible for a variety of key operational processes in Collateral settlement in support of Fixed Income trading activities at TD Securities. As a Lead Operations Officer, you will participate fully as a member of the team and contribute to a positive work environment.

• Develop understanding of the Fixed Income Domestic and international market

• Processing cash Principal and Interest Settlement in Loan IQ application for CSA agreements

• Cash settlement using SWIFT message (MT202, MT103) for Variation and Initial Margins governed by CSAs and Repo Margins governed by GMRA

• Managing and resolving exceptions:

o Arising from trade discrepancies on Front-Office to Back-office, Regulatory and Custodial reconciliations.

o Resulting from feed issues that create exceptions on the system task station.

o Resulting from discrepancies listed on Trade versus Transfer reports.

o Depository and cash breaks

• Develop and maintain working relationships with internal and external partners for the purposes of delivering optimal customer service

• Execute on ad-hoc non-routine requests

• Assist in analysis, development, testing and implementation of operating and process improvements

• Initiate and/or participate in projects –identify test cases, communicate project status and execution of test cases to ensure project objectives are met in a timely manner.

• Ensure written procedures of new/current process are captured and updated routinely.

• Ensure all escalation policies are observed under the TD policy

• Provide a high level of service in assisting process partners to identify, locate and resolve differences.

Job Requirements

• Sound knowledge of Canadian Fixed Income

• Sound knowledge of transaction lifecycle for Fixed Income products – Repo, Security Lending

• Ability to manage the below responsibilities through the following using exceptional organizational, time management, interpersonal and analytical skills:

o Reconciliation of internal accounts and depository balances

o A combination of manual and automated processes

o Decisions or interpretations on processes or transactions within defined boundaries

· Execution of routine and ad-hoc requests

Must have

· Sound knowledge of Canadian and US fixed income settlements

· Settlements and payments experience

· Advance knowledge of MS suite of software applications and VBA

· Ability to manage responsibilities through exceptional organizational, time management, interpersonal and analytical skills.

· Decisions or interpretations on processes or transactions within defined boundaries to meet SLAs.

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