TD Bank

Associate, Global Markets Credit - Commodities

TD Bank$150K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
  • Must hold Series 7, 79, and 63 licenses
  • Minimum of 3 years of related experience
  • Strong analytical and reporting skills
  • Proficient in credit management processes

Responsibilities

  • Oversee and monitor Convertible Arbitrage and Municipal Finance trading desks
  • Investigate and report on trading excesses
  • Review daily trading line requests and obtain necessary approvals
  • Prepare credit reviews based on daily ratings alerts
  • Maintain and log internal Credit Management documentation
  • Generate monthly reports for senior management
  • Ensure compliance with governance and risk management policies

Benefits

  • Opportunity for professional growth and development
  • Collaboration with senior management
  • Exposure to high-level trading strategies
  • Engagement in a dynamic work environment
  • Occasional domestic travel opportunities
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
Credit Management

Pay Detail:
$150,000 - $175,000 USD

The Associate - Global Counter Credit is responsible for primary oversight, monitoring and reporting for the Convertible Arbitrage and Municipal Finance trading desks. The Associate will also provide backup oversight, monitoring and reporting for several other NY Trading desks. This position works closely with the trading desk and prepares Credit Management reporting to be distributed to senior management.

Depth & Scope:
  • Reviews and investigates trading excesses. Prepares daily excess reports and/or inventory reports
  • Reviews daily requests for trading lines and obtaining required approvals via CAIRO or email
  • Reviews daily ratings alerts and notification of Borrower Risk Rating upgrades / downgrades and prepares CAIRO credit reviews to reflect rating changes
  • Maintains internal Credit Management trading line logs
  • Prepares monthly reports
  • Maintains required documentation for internal audit
  • Prepares other related materials as required
  • Ensures backups for monitoring and control function for the Loan/High Yield Sales and Trading and Cross Asset Trading portfolios are complete
  • Maintains required documentation for internal audit
  • 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, 79 and 63
  • 3+ Years of related experience


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
Net Income
-$6.9 million
5 Year Trend
+6.6%

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