TD Bank

Associate - eFX Sales, TD Securities

TD Bank • $150K — $200K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 3+ years of related experience
  • Strong analytical and problem-solving skills
  • Ability to work independently with minimal supervision
  • Solid management and computer skills

Responsibilities

  • Monitor and analyze performance of eFX sales desk
  • Assist with data mining for client reports
  • Prepare for and attend client calls and meetings
  • Identify issues and client configuration needs
  • Become an expert in algo execution and client activity
  • Collaborate with vendors for platform data enhancement
  • Prospect new clients and introduce existing accounts to eFX

Benefits

  • Growth opportunities and skill development
  • Fair and equitable compensation practices
  • Open dialogue on compensation with recruiters
  • Defined salary progression based on skills and experience
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
TD Securities

Pay Detail:
$150,000 - $200,000 USD

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:

The Associate - eFX Sales will support the Electronic Foreign Exchange (eFX) sales desk in monitoring, analyzing, and enhancing the performance of our electronic client business. The role requires strong analytical skills, and the ability to work collaboratively across multiple teams within the broader FX business. The successful candidate will help advance our electronic offering and contribute to the growth of our eFX platform. This position reports directly to the VP of eFX Sales in New York.

Key Responsibilities:
  • Client coverage - once ready start to cover your own pool of accounts, working on maximizing the value to the business.
  • Reporting/ data - assist with data mining for both ad hoc and scheduled client reports.
  • Client calls/ meetings - help with any preparation work, attend calls/ meetings, assist with write ups and follow up actions.
  • Platform monitoring - help with identifying any ongoing issues/ client configuration etc.
  • Algo execution - become an expert in algo execution, help with monitoring client activity.
  • Platform analysis - work with our vendors to get the most out of our platform data that we receive, help to identify low hanging fruit.
  • Client prospecting - help with looking for either brand new clients or introducing existing FX accounts to eFX.
  • Challenge existing processes - propose process improvements and identify areas of STP.
  • Marketing materials - create new materials for clients/ update existing marketing.
  • Shadow wider sales & trading to better understand day to day work and responsibilities.


Depth & Scope:
  • Gathers, researches information and analyzes the market
  • Executes detailed data analysis and valuation
  • Provides in-depth market reports and expert recommendations
  • Identifies issues affecting clients and provides recommendations to remedy
  • Develops deep client relationships and presents new ideas to clients
  • Executes trades and secures deals with new clients
  • Keeps market-making traders informed of relevant issues with their customers and products
  • Obtains market prices from market-making traders and executes the trade
  • Ensures all trades are confirmed with the broker/dealer
  • Inputs trades (post execution), and Verifies transactions meet company policies and followed approved guidelines
  • Researches and resolves trade discrepancies
  • Confirms trade blotters against trades booked in systems
  • Coordinates with back office on all failed trade status and communicates to front office
  • Coordinates with back office on position breaks and reports to the front office
  • Assists traders in mark-to-market process
  • Coordinates trade reconciliation discrepancy resolution with back office
  • Looks for ways to improve work flow efficiencies
  • Reads and understands the Trading Supervision Standard
  • Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices


Education & Experience:
  • Bachelor's degree, or specialized training / equivalent work experience
  • 3+ Years of related experience
  • Ability to work independently with minimal supervision, establishes priorities, and possesses strong communication, analytical and problem solving skills
  • Management experience and solid computer skills a must


Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Never
  • Performing sedentary work - Continuous
  • Performing multiple tasks - Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds - Occasional
  • Sitting - Continuous
  • Standing - Occasional
  • Walking - Occasional
  • Moving safely in confined spaces - Occasional
  • Lifting/Carrying (under 25 lbs.) - Occasional
  • Lifting/Carrying (over 25 lbs.) - Never
  • Squatting - Occasional
  • Bending - Occasional
  • Kneeling - Never
  • Crawling - Never
  • Climbing - Never
  • Reaching overhead - Never
  • Reaching forward - Occasional
  • Pushing - Never
  • Pulling - Never
  • Twisting - Never
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - Continuous
  • Reading, writing and comprehending instructions - Continuous
  • Adding, subtracting, multiplying and dividing - Continuous


The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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