Vice President - ABS Structurer, TD Securities

TD Bank • New York, NY

8d • $275,000 - $275,000

About The Position

TD Securities is seeking a highly motivated Asset Backed Securitization (ABS) Structurer to join our team. The ideal candidate will have a strong background in asset-backed securities, finance, and quantitative analysis. This role involves structuring and underwriting ABS-related deals, building collateral, cashflow and credit models, and working closely with various teams to support strategic initiatives and projects.

Requirements

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics; Series 7 and 63
• 5-7 Years of related experience
• Strong knowledge of asset-backed securities and banking.
• Strong analytical and quantitative skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as well as part of a team.
• Detail-oriented with strong organizational skills.
• Ability to manage multiple projects and meet deadlines

Nice To Haves

• Proficiency in VBA and SQL; knowledge of Python is a plus.
• Expertise in Discount Cashflow, Price Yield, Duration, Bond Math, Stress Testing, Scenario Analysis, Breakeven Analysis, and Optimization

Responsibilities

• Structuring and underwriting ABS-related deals.
• Working with 3rd parties in underwriting processes.
• Building and maintaining ABS-related collateral, cashflow, and credit models.
• Collaborating with banking teams for new deal pitches.
• Assisting sales teams with investor requests and stress scenario analysis.
• Studying rating agencies' coverage and methodologies.
• Generating new structuring strategies.
• Identifying new subsector growth opportunities within the bank with the coverage group.
• Develops existing and new syndicate client relationships
• Executes all investment grade and SSA USD transactions
• Provides market updates of investment grade issuers as well as frequent borrowers when needed in the U.S., Canada, and Europe, in concert with DCM partners in Toronto, London, and Singapore
• Prepares and recommends best pricing solutions for interest rate and cross-currency derivative transactions
• Provides new issue documentation (e.g. ISDA negotiations, term sheet, book runner, and swap summary)
• Provides support of the team on all fixed income new issues and structured MTN business
• Provides guidance and desk coverage for members of the New York Origination & Syndication team where appropriate
• Maximizes the profitability of the business by maintaining and enhancing the Banks profile and market share
• Adheres personally and at a desk level to the firm's procedures
• Understands and complies with TD Securities (USA) Policies, regulatory and compliance requirements, ensuring that transactions are fully documented and processed accurately and in a timely manner
• Communicates bank, policy information, and strategy between the product head and relevant trading personnel
• Provides Expert Knowledge of market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions.
• Position develops and maintains contacts
• Manages performance and provides instruction, training and mentoring to junior personnel on the DCM team in New York
• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees