Vice President, TDS Operations, NY Middle Office

TD Bank•New York, NY

1d•Onsite

About The Position

Responsible for representing the Trade Support mandate to internal and external stakeholders during New York business hours. In all instances it is expected that the individual will develop, promote and maintain positive relationships with all stakeholders. Analyse, identify and implement various process improvements and automation. Perform various data analysis within excel, which can then be presented to numerous teams including sales and trading. Responsible for the daily execution of the following activities: Supporting the IFI trading and sales desks with trade capture of multiple products in multiple systems. Main Products: Short Term Duration Products (Repo – Bilateral & Tri-party, Funding) Main Systems Used: ION Anvil, Calypso Derivatives, Bloomberg TOMS, TAAPS and FINRA TRAQS Ensuring all trades are captured accurately and in a timely manner. Assisting in the resolution of STP feed outages. Monitoring risk across the business to ensure that we adhere to policy limits. Resolution of ah-hoc queries relating to risk and P&L discrepancies. Investigation of ad-hoc trade queries – liaising with internal and external individuals to ensure all queries are resolved in a timely manner. Actively manage various initiatives and ad hoc requests. Initiatives will vary from infrastructure improvements, changes in regulatory requirements to supporting local business initiatives. The individual is expected to utilize their relationships to help drive these initiatives to completion. Evaluate any changes in regulatory requirements and changes in the business model and pro-actively make changes to adapt to maintain effective and efficient business support. Where appropriate, the individual will engage multiple stakeholders globally in order to deliver the most cost effective, value-added solutions. Work in partnership with other teams to ensure any audit or regulatory findings are managed and cleared within the committed timelines. Ensure both Functional and Regional Management are kept current and apprised of all relevant issues relating to Trade Support activities with proper escalation of issues in a timely manner.

Requirements

Minimum 10 years of experience in Fixed Income (FO, MO, Ops)
Series 7 and Series 63 required
B.A degree in Economics or Finance
Strong understanding of fixed income products and/or trade lifecycle management.
Strong Microsoft Excel skills, including data analysis, reconciliation, and reporting.
Proven analytical and problem-solving skills with the ability to investigate and resolve complex operational issues.
Ability to operate effectively in a fast-paced, deadline-driven environment.
Strong communication skills with the ability to engage effectively with Sales & Trading desks and stakeholders across the organization.
6+ years relevant experience
4+ years of people management experience

Nice To Haves

Undergraduate degree/ college diploma preferred
Advanced knowledge of key functional areas including Capital Markets, Financing Operations, Payment and Correspondent Banking Services, Business Services, Change Delivery, and Regional Operations
Knowledge of capital markets products, which may include Foreign Exchange, Fixed Income, Equities and Derivatives.
Knowledge of current and emerging trends in the industry and market
Knowledge of risk management environment, standards and regulations
Strong knowledge of process management to drive efficiency
Ability to contribute to strategic direction of the function and provide advice to senior leadership
Skill in managing budgets and resource allocation
Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
Skill in talent development and performance management
Ability to make an impact, influence and achieve results with effective negotiation, problem-solving and communication skills
Skill in negotiation and partnership
Skill in using analytical software tools, data analysis methods and reporting techniques to assess risk and challenge the status quo
Skill in leadership, mentoring, coaching and performance management
Ability to exercise sound judgement in making decisions
Ability to communicate effectively in both oral and written form with partners at all levels including senior management
Ability to work collaboratively and build relationships across teams and functions
Skill in organization and time management
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to work successfully as a member of a team and independently
Ability to process and handle confidential information with discretion

Responsibilities

Representing the Trade Support mandate to internal and external stakeholders during New York business hours.
Developing, promoting, and maintaining positive relationships with all stakeholders.
Analyzing, identifying, and implementing process improvements and automation.
Performing data analysis within Excel for presentation to sales and trading teams.
Supporting IFI trading and sales desks with trade capture of multiple products in multiple systems.
Ensuring accurate and timely trade capture.
Assisting in the resolution of STP feed outages.
Monitoring risk across the business to ensure adherence to policy limits.
Resolving ad-hoc queries relating to risk and P&L discrepancies.
Investigating ad-hoc trade queries by liaising with internal and external individuals.
Actively managing various initiatives and ad hoc requests, including infrastructure improvements, regulatory changes, and local business initiatives.
Evaluating changes in regulatory requirements and business models to adapt and maintain effective business support.
Engaging multiple stakeholders globally to deliver cost-effective, value-added solutions.
Working in partnership with other teams to manage and clear audit or regulatory findings within committed timelines.
Keeping Functional and Regional Management informed of relevant Trade Support activities and escalating issues in a timely manner.

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
Training programs
Online learning platform
Mentoring programs