TD Bank

Associate - Prime Brokerage Client Services

TD Bank • $150K *
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 in finance, economics, business or related fields, or equivalent experience
  • 3+ years of relevant experience in sales and trading support
  • Management experience with strong computer skills
  • Ability to work independently and prioritize effectively
  • Excellent communication, analytical, and problem-solving skills

Responsibilities

  • Provide high touch client service to institutional clients
  • Manage key processes such as trade reconciliation and client cash settlements
  • Monitor daily swap trade activity for transaction accuracy
  • Liaise with trading and sales teams to enhance client product delivery
  • Maintain high standards of service through timely responses and resolutions
  • Develop workflow improvements in collaboration with internal systems and vendors
  • Communicate effectively with management and stakeholders across teams

Benefits

  • Opportunities for skill development and professional growth
  • Supportive work environment fostering strategic partnerships
  • Focus on improving client experience
  • Accessible communication with management and international teams
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
TD Securities

Pay Detail:
$150,000 - $150,000 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 Sales & Trading is responsible for serving as support for the US Rates Trading Division of TD Securities (USA) LLC. This position will support the US Rates desk in New York by inputting trades (post execution), researching and resolving trade discrepancies, amend trades (per trader approval), support the gathering of documentation for new accounts group, act as a liaison between front, back and middle offices, amongst a variety of other responsibilities.

Key Responsibilities:
  • Provide high touch client service for a portfolio of institutional clients including hedge funds, asset managers, and ETF providers with a goal of fostering long term strategic partnerships
  • Manage key processes that support the team including Delta1 Reconciliation, Corporate Action Monitoring, EOD Trade Processing and Allocation, client cash settlements, new client onboarding, client reporting and audits, lifecycle, and reconciliation etc.
  • Monitor and validate daily swap trade activity across multiple trading platforms and counterparties to ensure transaction accuracy
  • Liaise with Trading, Derivatives, and Sales partners across the firm in New York as well as global offices to effectively deliver product to clients
  • Maintain a high standard of service through timely responses, strong attention to detail and resolutions to internal inquiries as well as client requests
  • Develop strong understanding of internal systems and work alongside external vendors to improve overall workflow
  • Work independently on ongoing initiatives to improve overall client experience
  • Effectively communicate with management and key stakeholders across the greater Prime Services team domestically and abroad.


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


Preferred Qualifications:
  • Highly proficient in Microsoft Office, including the ability to work comfortably within Excel
  • Degree in finance, accounting, economics, business, mathematics or related fields
  • Strong analytical problem-solving skills with emphasis on attention to detail
  • Organized and able to manage multiple priorities in a deadline driven environment
  • Proven ability to work well on teams, showing initiative, a positive attitude and a willingness to work hard


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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