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TD Bank

TDS Operations Analyst FI Operations MBS Trade Support at TD Bank

TD Bank New York, NY

Job Description

Work Location:New York New York United States of AmericaHours:40Line of Business:TD SecuritiesPay Detail:$75000 - $85000 USDTD 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 candidates 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:Preferred Qualifcations:TD Securities provides a wide range of capital market products and services to corporate government and institutional clients. The firm works with clients around the world focusing selectively and strategically on the key financial centers: Toronto New York London Singapore and Tokyo. .Department OverviewGlobal Operations and Business Services is a diverse and dynamic group of individuals whose varied talents and experiences enable us to provide critical infrastructure services that support and/or control the trading investment and corporate banking functions of TD Securities. We are committed to innovation with purpose execution with excellence and continually improving the employee value proposition. We foster a culture of diversity inclusion and community giving. Our dynamic team is divided into five main functional areas: Capital Markets Financing Operations Payment and Correspondent Banking Services Business Services and Change Delivery.The Global Operations team partners with the front office and other groups globally to mitigate risk and deliver world class service to our global client base. They provide operational support and control functions across the trade lifecycle. The team is heavily involved in new product initiatives and process improvements to streamline our support model. They take great pride in ensuring controls are being continuously reviewed and updated while focusing on the customer at every point of contact.The Fixed Operations team strives to create efficiency improve client service levels and reduce operational risk.If you are industrious collaborative innovative and enjoy visionary thinking while also maintaining a commercial view on the market joining our team could be an ideal opportunity for you.Responsibilities:Support the MBS trading/sales desk directlyTrace Monitoring Fed Dollar ReportingAssisting the MBS trading desk with Agency Exchanges Supers and New Issue CMO processCreating BAM SheetsProviding MBS Repo PositionsAd Hoc MBS Trading Desk requestRTTM (FICC) TBA Allocations TBA Netting Pool Netting and the Specified Pool MarketsClient trade allocations trade confirmations new account requests along with the identification and resolution of day-to-day issuesResolving trade Dks fails and open itemsSupport MBS desk consisting of heavy interaction with customer accounts and facilitating the allocation of money manager sub-accounts for client type trading for cash and repo transactionThe individual will be required to establish close working relationships with the Trading Desk Sales Desk Clearance Technology Credit Legal & Compliance and Trade AccountingEnsure clarity and urgency in managing issues and queriesBuild strong relationships and work collaboratively within Global Operations and Business Services teams including settlements new accounts reference data and change delivery to support the growing Fixed Income businessQualifications:3 years experience with MBS trade support and MBS product knowledgeExperience with Mortgage-Backed Securities a mustExperience and Knowledge of Broadridge MBSE and TBA allocations helpfulTeam player collaborate with others teams encourages other team members to participate and acknowledges the contributions of others.Able to work in a fast pace deadline sensitive environment and possess good communication skillsA self-starter who is comfortable in a complex role that interfaces regularly with clients front office technology finance and trade support teamsA mindset of critical thinking risk management and understanding the needs of TDSs clients and internal business partnersStrong judgement and problem solving Thinks ahead anticipates questions finds alternative solutions and identifies clear objectivesConfident with strong communication skills and an ability to articulate complex issues in a concise mannerKnowledge of Broadridge Impact/NAPE systemsStrong knowledge of MS Office Excel Word and PowerPoint a plusSIE and/or Series 7 63 a plus.InclusivenessAt TD we are committed to fostering an inclusive accessible environment where all employees and customers feel valued respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve and creating an environment where every employee has the opportunity to reach her/his potential.If you are a candidate with a disability and need an accommodation to complete the application process email the TD Bank US Workplace Accommodations Program at. Include your full name best way to reach you and the accommodation needed to assist you with the application process.EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.The Operations Analyst TDS provides back up for the Canadian Fixed Income Desk. This individual handles corporate actions daily cash reconciliation tracking file uploads into FIST and is a DTC clearance specialist. Responsibilities include the clearance of London trading activity passing through US broker/dealers. The Operations Analyst TDS advises agent of ticket control numbers for confirmations and performs required system addition the position maintains compliance files and verifies new clients are set up on FIST acknowledging that settlement and other client instructions are complete.Depth & ScopeParticipates in the identification development and implementation of new products operating workflow additional services/applications or operational efficiencies for Global Business ServicesIdentifies documents investigates and resolves service delivery issuesManages relationships with the client and other areas of TDS / GBSParticipates in projects follows project management methodologies communicates project status and provides timely escalation of issues to senior management to ensure project objectives are metInterfaces with regulators external groups (legal firms accountants etc.) suppliers on operating and service delivery issues relative to the specific area of functional expertise as authorized by the managerEscalates non-standard or high risk transactions or other activities as appropriateAcquires and applies knowledge in the discipline provides assistance and direction to others in TD SecuritiesIdentifies recommends and effectively executes standard practices applicable to the disciplineProtects the interests of the firm identify and manage risksCompletes business process reviews as requiredParticipates fully as a member of the team promotes team effectiveness and contributes to a positive work environmentSupports the team by continuously developing knowledge in own areaParticipates in performance management and development activitiesSupports change management activities around projects or initiatives undertaken ensures clear communication of new processesEnsures the timely communication of issues that are relevant to the team and encourages a good working relationship with other departmentsSupports the business with consistent application of BSA/AML risk escalation review and approval processes KYC due diligence and policiesContributes to the development implementation and continuous improvement of programs processes policies and tools to meet BSA/AML requirements and industry best practicesContinuously develops/maintains solid knowledge of BSA/AML/OFAC requirements developments and issues within the Operations departmentEducation & Experience: Bachelors degree or specialized training / equivalent work experience3 years related experienceMust possess a complete understanding of the products traded by TD Securities (USA) Inc.Must also understand systems interfaces payment and funding processes compensation rules and NASD/SEC issuesShould be able to work independently with minimal supervision establish priorities and possess strong communication analytical and problem solving skillsSolid computer skills are a mustWho 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 6500 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 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 PackageOur 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 moreAdditional Information:Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.Colleague Development If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.Training & OnboardingWe will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.Interview Process Well 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 TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.Required Experience:IC Key Skills Fashion Retail,Academics,CFA,Audio Visual,Concrete Pump,Event Marketing Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 75000 - 85000

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