TD Bank

Associate, Automated Execution Group

TD Bank$110K — $135K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in electronic trading environment
  • Strong familiarity with Excel functions and tools
  • Proficient in VBA and SQL scripting
  • Certification for Equity and Options trading in Canada and the US
  • Graduate degree in Finance, Mathematics, or Computer Science
  • Knowledge of Direct Market Access and Canadian equity market structure

Responsibilities

  • Manage order flow for institutional and retail clients
  • Nurture and grow relationships with existing institutional clients
  • Ensure timely trade allocations to client accounts
  • Design front-office solutions to enhance trading operations
  • Conduct SOR modeling and TCA research using Python
  • Analyze market structure leveraging multiple data sources
  • Collaborate with teams to address trading issues

Benefits

  • Commitment to fair and equitable compensation
  • Opportunities for growth and skill development
  • Access to advanced electronic trading tools
  • Collaborative work environment in a fast-paced setting
  • Engagement in routine and ad hoc priority tasks
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Securities

Pay Details:
$110,000 - $135,000 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:

TD's Automated Execution Group (AEG) is a front office business unit with mandate to grow and service the electronic trading needs of the dealer. AEG is responsible for soliciting new business, managing relationships and all operational and technological support for TD's institutional equity and option trading clients. AEG is also responsible for the order management and supervision of TD's electronic retail orders, including enforcement of best execution and manual trader intervention. As TD's Direct Market Access (DMA) and Algorithmic equity/option trading group, AEG offers expertise in advanced electronic tools including smart order routing, Trade Cost Analysis (TCA) and low latency connectivity.

The candidate will be primarily responsible for trading coverage across both institutional and retail clients. The candidate should be familiar with equity trading in the Canadian marketplace, and be able to hand large quantities of time-sensitive orders in a high pressure environment. Candidate should also be very comfortable and have experience with managing relationships and speaking with both external clients and internal stake holders over the phone and in person. Most days are not routine.

KEY ACCOUNTABILITIES / RESPONSIBILITIES

The specific tasks will include, but are not limited to, the following:
• Order management and supervision for both institutional and retail order flow
• Managing existing institution client relations to facilitate organic growth
• Facilitate timely and accurate allocation of trades to client accounts
• Design and implement front-office solutions to optimize trading operations
• Conduct SOR modeling and quantitative TCA research using Python scripting and ONETICK tick data
• Conduct market structure research and analysis by leveraging data from Bloomberg, various EMS systems and internal databases
• Coordinate with various groups (middle office, back office, technology, clients and vendors) in resolving technical and settlement issues in trading operations

Job Requirements

Candidate should be comfortable working in a fast-paced, demanding and fluid environment and expect both routine and ad hoc priority requests. Experience with and knowledge of Direct Market Access, Smart Order Routing, Canadian equity market structure, execution algorithms as well as clearing and settlement if preferred

Technical Qualifications:
• Strong familiarity with Excel functions and tools is a MUST
• Scripting experience in VBA and SQL is a MUST
• Electronic trading experience is preferred
• Experience with Python scripting and working with tick data is a plus
• Background in quantitative and statistical analysis is a plus

Other Qualifications
• Certified for Equity and Options trading in both Canada and the US
• Strong communication skills and attention to detail are a MUST
• Able to communicate and work effective with both internal and external stakeholders
• Highly-motivated and able to work independently in a proactive manner
• Able to work in a fast-paced environment

Additional Information
• Graduate degree in Finance, Mathematics, or Computer Science
• Canadian and US, equities and derivatives certifications including: CSC, CPH, TTC, DFOL, Series 7, Series 63 and Series 57

#li-onsite

Language Requirement (Quebec only):
Sans Objet

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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