Director, Head of Securitized Products Trading Technology

TD•New York, NY

1d•$200,000 - $235,000•Onsite

About The Position

The Director - Tech Solutions TDS Management builds and maintains strong business relationship with assigned clients / internal partners and provides direction and guidance on optimal technology solutions/services to meet business needs. The position generally manages a varied team of IT professionals and bridges the gap between the business and technology, and leverages resources across functional or specialized technology areas to ensure end to end delivery of agreed upon solutions or services within planned forecasts / cost estimates. Role generally supports a significant Business area, Product Group, Enterprise Platform, Service or Capability within a Segment CIO or Functional area. Performs complex to difficult technical tasks independently. Advanced knowledge of technology, tools, various programming languages, processes, and procedures. Extensive knowledge of the business, enterprise technology areas and / or the organization. Key subject matter expert who consults with and may lead clients and/or project teams on multiple aspects of development issues. Works as the senior or lead developer and coaches/guides team members within area of expertise. Resolves highly complex and multifaceted development related problems. 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 strive to make every interaction, product and experience remarkably human and refreshingly simple. 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. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Requirements

Combines deep securitized products domain expertise with strong engineering and leadership skills.
Comfortable discussing OAS, prepayment, and structured finance models with traders and risk managers.
Comfortable reviewing Python or Java implementations with developers.
Comfortable partnering with infrastructure and cybersecurity teams on platform architecture and controls.
Possesses excellent communication and stakeholder management skills.
Thrives in entrepreneurial environments where they can help scale technology capabilities alongside a growing business.
Performs complex to difficult technical tasks independently.
Advanced knowledge of technology, tools, various programming languages, processes, and procedures.
Extensive knowledge of the business, enterprise technology areas and / or the organization.
Key subject matter expert who consults with and may lead clients and/or project teams on multiple aspects of development issues.
Works as the senior or lead developer and coaches/guides team members within area of expertise.
Resolves highly complex and multifaceted development related problems.
Bachelor's or Master's degree in Computer Science, Engineering, or a related technical discipline.
15+ years of Capital Markets technology experience with significant exposure to Fixed Income and Securitized Products.
Deep knowledge of MBS, CMO, CMBS, and whole loan trading and securitization businesses.
Strong understanding of securitized products risk analytics, including OAS, dv01 and duration measures, prepayment and loss models, deal modeling, and tranche analytics.
Strong programming and technical skills, including Python, Java, SQL, and infrastructure/security configuration.
Excellent communication skills with a demonstrated ability to partner effectively with Trading, Risk, Operations, and Technology stakeholders.
Proven ability to operate effectively in both leadership and hands-on technical capacities within a small, high-performing team environment.
Expert knowledge of the business and bank technology standards (e.g., infrastructure, architecture, processes, applications) from a strategic perspective and managing/ directing teams and projects.
Sound knowledge of external competition, emerging, industry and/or market trends in relation to own business.
Undergraduate degree or Technical Certificate.
10+ years related experience.

Nice To Haves

Experience with PolyPaths/Numerix and Intex strongly preferred.
Graduate degree, preferred.

Responsibilities

Builds and maintains strong business relationship with assigned clients / internal partners.
Provides direction and guidance on optimal technology solutions/services to meet business needs.
Manages a varied team of IT professionals.
Bridges the gap between the business and technology.
Leverages resources across functional or specialized technology areas to ensure end to end delivery of agreed upon solutions or services within planned forecasts / cost estimates.
Supports a significant Business area, Product Group, Enterprise Platform, Service or Capability within a Segment CIO or Functional area.
Sets work direction at an operational level.
Works autonomously in the management of the unit.
Collaborates with other business or technology leaders to establish and execute on common goals with a medium to longer term business perspective.
Oversees various technology functions / resources to deliver business technical solutions or shared service.
Oversees a sizable and varied team of technology professionals (e.g., up to 50+ consisting of Application Developers, Solutions Designers, Business Systems Analysts, Specialists, and/or Project Managers) in the end to end delivery of complex projects, system enhancements / applications and/or application or service management.
Directs/manages large-scale applications/ projects across multiple product lines/ businesses, involving significant scope and complexity.
Understands strategic direction (including financials) and champions alliances to benefit the Bank and/or department.
Advocates for operational improvements to enhance the divisions value to the organization.

Benefits

base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
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
regular development conversations
training programs
competitive benefits plan
online learning platform
variety of mentoring programs