Head of Wealth Portfolio Management & Capital Markets (US)

TD Bank•New York, NY

5d•$200,000 - $280,000•Onsite

About The Position

This role is a key leader within the U.S. Wealth business responsible for formulating strategy and executing the buildout of investments portfolio and advanced trading capabilities and support. This role leads the Capital Markets team and the development, implementation, and management of strategies, plans, policies, capabilities and tools related to U.S. Wealth Investment products and solutions. Depth & Scope: Builds and leads a specialized team within U.S. Wealth that connect clients and advisors with institutional grade investment solutions, market access, and execution services Supports trading desk capabilities across MF/ETFs, equities, fixed income, options, structured products, etc. Provides support for complex client situations including, but not limited to, concentrated positions, tax efficient trading and transition support Provides best execution for trades more complex than what standard advisory platforms handle (large block trades, illiquid securities, etc.) Sources and executes bond trades, including municipal, corporate, treasury and preferreds Connects Retail Wealth Management with TD's institutional trading and sales capabilities Partners with advisors, investment strategists and portfolio managers to align execution with portfolio construction and planning Collaborates with the tax and estate planning teams for transaction specific analysis (e.g. low basis stock strategies) Tailors investment vehicles to fit tax, yield, or risk needs Provides inventory access to external dealers in addition to TD sources Offers new issue access – IPOs, secondary offerings and new bond issues Leads centralized investment teams to ensure regional delivery of investment management support for the field as well as services of accounts held with centralized team Supports field in management and account opening for new Investment & Trust accounts on TDBNA platform Provides Trading support for Home Office Traded Advisory Program, ESOP/GSR, and Business Resiliency Oversees and ensure all regulatory requirements are met including pre- and post-acceptance review, Reg 9, and Administrative reviews

Requirements

Bachelor's degree and progressive work experience
10+ years of related experience
7+ years of extensive capital markets, wealth management and investment products experience required
Series 7, 24, 66 (or equivalent) FINRA Registrations required.
Comprehensive knowledge of investment products
Hands-on experience building portfolios and trading MF/ETFs, equities, fixed income and options
Financial and professional designations required
Ability to negotiate, manage relationships and influence across Business Lines
Ability to multi-task and adapt to rapidly changing business environment
Possesses enterprise business acumen, has business and Wealth Management credibility
Strong execution skills and action oriented
Strong interpersonal and relationship management skills required
Excellent communication skills, written, verbal and presentation
Exceptional problem solving and analytical skills (issue identification, problem structuring, process redesign, analysis, development of actional recommendations) and conceptual thinking abilities
Strong understanding of and experience in implementing large scale and complex programs/projects; proven ability to work effectively with teams and individuals
Strong understanding of and experience with industry-leading investment platform vendors (i.e., Envestnet, Pershing, etc.)
Advanced facilitation and influence management skills
Able to work in an unstructured and fast-paced environment

Nice To Haves

Series 4,52 (or 53) and 57 FINRA Registrations preferred.

Responsibilities

Builds and leads a specialized team within U.S. Wealth that connect clients and advisors with institutional grade investment solutions, market access, and execution services
Supports trading desk capabilities across MF/ETFs, equities, fixed income, options, structured products, etc.
Provides support for complex client situations including, but not limited to, concentrated positions, tax efficient trading and transition support
Provides best execution for trades more complex than what standard advisory platforms handle (large block trades, illiquid securities, etc.)
Sources and executes bond trades, including municipal, corporate, treasury and preferreds
Connects Retail Wealth Management with TD's institutional trading and sales capabilities
Partners with advisors, investment strategists and portfolio managers to align execution with portfolio construction and planning
Collaborates with the tax and estate planning teams for transaction specific analysis (e.g. low basis stock strategies)
Tailors investment vehicles to fit tax, yield, or risk needs
Provides inventory access to external dealers in addition to TD sources
Offers new issue access – IPOs, secondary offerings and new bond issues
Leads centralized investment teams to ensure regional delivery of investment management support for the field as well as services of accounts held with centralized team
Supports field in management and account opening for new Investment & Trust accounts on TDBNA platform
Provides Trading support for Home Office Traded Advisory Program, ESOP/GSR, and Business Resiliency
Oversees and ensure all regulatory requirements are met including pre- and post-acceptance review, Reg 9, and Administrative reviews