Vice President - Corporate Equity Derivatives, TD Securities
Job Description
Price, quote, structure and trade equity derivatives products (convertible call spread, margin loan, prepaid forward, accelerated share repurchase, etc)
Perform in-depth analysis on bespoke situations, with a focus on single name equity risks, liquidity, corporate actions, as well as legal / structural risks specific to customized transactions
Partner closely with Equity Capital Market, Corporate and Investment Banking, GED sales and structuring globally to structure new deals and deliver OneTD success
Prepare new deal memo or new business approval material, focus on evaluating risk reward, return on capital, funding, and other implications
Lead conversations with internal risk partners including credit risk or market risk
Propose and implement new products development to meet corporate client monetization and financing objectives, for both existing North American clients and new client segments (Europe and Asia)
On-desk research and trading analysis. Develop processes and tools to improve risk management and drive optimal hedging decisions
Stay fully informed on market data, economic information, key industry developments, and regulatory standards at all times to make sound decisions
Liaise closely with the bank’s other operations in Canada, US, Europe, Asia Pacific
Ensure all aspects of trade life cycles function smoothly
Demonstrate governance, control and risk focused behaviors in alignment with TD policies and practices
Depth & Scope
Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectives
Develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions
Strict adherence personally and at a desk level to the firm's procedures
Understands and complies with TD Policies, regulatory and compliance requirements
Ensures 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
Develops and maintains contacts
Responsible for executing the ongoing trading exception report reviews for Money Markets Sales NY
Understands the approved Business Strategies (Strategic Business Reviews SBRs), applicable to the business, and ensures that all of your business dealings are in alignment with these strategies
Follows Credit Risk Policies and procedures, as they apply to the business and is responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies
Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices
Education & Experience
Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
Series 7 and 63
5-7 Years of related experience
Preferred Qualifications
Bachelor's Degree or equivalent
Previous experience in structuring (private or public side), trading or related roles within a financial institution
Prior experience in Corporate Equity Derivatives in United States market is a plus
Prior experience with legal documents and credit / loan approval process is a plus
Intellectual curiosity in structuring, trading, deal closing, analyzing company fundamentals, valuations, and liquidity
Prior derivatives trading experience is not mandatory for this role
Entrepreneurial, eager to learn and to explore new business opportunities
Detail oriented, diligent, and able to adapt to competitive deal closing timelines
Computer programming and data analytic skills to develop tools is a plus