Business Analyst II

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Enterprise Enabling Functions

Pay Details:
$65,600 - $98,400 CAD

TD 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 candidate's 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:

Department Overview:

TD Securities GMMO (Global Markets Middle Office) primarily engages in the ongoing support to the Institutional Fixed Income & REPO traders and sales. The group deals with the reporting and analysis of trade affirmation & allocations, trade breaks investigations, inventory management & balancing, P&L monitoring, and timely reporting to the front office.

Post execution trade support for TDS trading businesses to ensure trades are captured in trading systems on an accurate and timely basis.

• Support both trading and sales functions in Toronto, NY and London with specific accountabilities pertaining to trade capture, inventory position management, and business reporting / trade capture and client analytics.
• Constant interaction with traders, salespersons, Operations, Technology, Compliance, and institutional customers to effectively deliver its mandate.
• Support the ongoing development and design and adherence of the target operating model for front office processes that are required for effective trade execution, trade capture and position and risk management.

• Act as a specialist in the processes and products supporting fixed income businesses and be able to comfortably and effectively communicate with a wide-ranging audience within our Global Markey teams, including the Front Office and other Infrastructure teams.
• Inventory Management - The review and balancing of inventories, including all monies and positions that require immediate attention.
• Support the Underwriting business, ensuring this highly sensitive process is managed with extreme vigilance in order to maintain our strong reputation with concerned stakeholders.
• Amendment of trades due to client, trader or operational error.
• Engage, participate, and coordinate high level business and regulatory driven initiatives.
• Client or Trader inquiries (in person/phone/e-mail). Provide Primary support to the Front office
• Ability to liaise with our front office partners and settlements re: positions settling on Euroclear, CDS and DTC.
• Routine analysis of trade data from the various source systems (FIS, ISM, Bloomberg, Calypso, Arrow, SSCNet, Global Oasis)
• Development of effective reporting tools using Microsoft Excel, Word, and Access.
• Various one-off projects; responsibility for understanding, development, implementation, and documentation of all related projects, activities/concepts.
• Prompt investigation and resolution of errors and/or queries from Trading, Operations or Finance & Accounting staff
• Create and take ownership of ongoing and new business management reporting including tracking key performance indicators to ensure team is meeting targets
• Confirmation and identification any trade breaks.
• Develop and maintain a strong relationships with front office partners and independent support and control groups to facilitate the achievement of front office objectives
• Act as an escalation point of contact for the team and process management.
• Seek innovative ways to transform the functions within our group by utilizing automation.

Job Requirements:

• Exceptional problem-solving skills with a proven ability to solve problems creatively and able to communicate the solutions clearly and concisely at a senior level.
• Excellent documentation and organizational skills
• Extensive client management expertise and ability to communicate effectively with stakeholders with minimal supervision.
• Excellent time management skills and an ability to meet the multiple strict deadlines and handle high volumes of work.
• Excellent written and oral communication skills required for dealing with internal executive groups and external sensitive / high value counterparties in problem resolution / management.
• Extensive experience in regulatory, compliance, governance projects / deliverables
  Additional Information:
• Strong Knowledge of the Securities industry.
• Bachelor's degree
• Preferred - candidate or completion of CSC.

Who 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 6,500 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 solutions. In 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 Package
Our 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll 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 we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll 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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Sans Objet