Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$225,000 - $250,000 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:

We are looking to hire a VP in Private Securitization for the Asset-Backed Securities Group within the Global Markets division at TD Securities.

Key responsibilities

Develop complex financial models to support transaction execution, which includes credit analysis and communication with the rating agencies.Prepare credit applications for prospective transactions, discussing the counterparty, structural features, and identifying the deal-specific risks and mitigants.Meeting with and pitching clients on securitization proposals and structures to secure mandates to lead inaugural programs and participate in existing facilities. Meetings are facilitated in the United States and require travel to the client's site.Perform prospect and sector research, assisting in the development of marketing and client-related materials.Review legal documentation, ensuring documents are congruent with the transaction's structure, and summarize documents into term sheets for review by Risk team.Utilize financial models and cash flow analysis to research new asset classes and provide high-level risk assessment.Act as a resource for clients to prepare monthly reporting, document transaction mechanics, and determine funding capacity.Provide monthly monitoring, reporting, due diligence, and credit reviews of existing clients/transactions, and ensure compliance with both TD and external regulations.Support senior team members with internal projects and ongoing reporting requirements.Support the junior team and recruiting efforts through mentorship initiatives within the group, TD Securities, and externally

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.

Depth & Scope:

Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectivesDevelops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positionsStrict adherence personally and at a desk level to the firm's proceduresUnderstands and complies with TD Policies, regulatory and compliance requirementsEnsures that transactions are fully documented and processed accurately and in a timely mannerCommunicates bank policy information and strategy between the product head and relevant trading personnelFully 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 decisionsDevelops and maintains contactsResponsible for executing the ongoing trading exception report reviews for Money Markets Sales NYUnderstands 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 strategiesFollows 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 policiesDemonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Education & Experience:

Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.Series 7 and 635-7 Years of related experienceMust be detail oriented and possess problem-solving skillsMust be able to work independently with minimal supervision and establish prioritiesProficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

Domestic Travel – OccasionalInternational Travel – NeverPerforming sedentary work – ContinuousPerforming multiple tasks – ContinuousOperating standard office equipment - ContinuousResponding quickly to sounds – OccasionalSitting – ContinuousStanding – OccasionalWalking – OccasionalMoving safely in confined spaces – OccasionalLifting/Carrying (under 25 lbs.) – OccasionalLifting/Carrying (over 25 lbs.) – NeverSquatting – OccasionalBending – OccasionalKneeling – NeverCrawling – NeverClimbing – NeverReaching overhead – NeverReaching forward – OccasionalPushing – NeverPulling – NeverTwisting – NeverConcentrating for long periods of time – ContinuousApplying common sense to deal with problems involving standardized situations – ContinuousReading, writing and comprehending instructions – ContinuousAdding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition. 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.

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.