TD Bank

Institutional Equity Trader

TD Bank • $140K — $185K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5+ years of experience in equity trading or related roles
  • Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
  • Possession of Canadian and US equity licenses, including Series 7 and 63
  • Strong understanding of market data and economic information
  • Familiarity with regulatory standards governing trading activities

Responsibilities

  • Facilitate client trading on the institutional equity desk
  • Maximize profitability through informed trading decisions
  • Develop and maintain relationships with key market participants
  • Ensure stringent documentation and processing of transactions
  • Adhere to trading and risk management policies for compliance
  • Train, direct, and manage a trading team
  • Promote a respectful and collaborative work environment

Benefits

  • Opportunities for professional development
  • Commitment to fair and equitable compensation practices
  • Potential for growth through skill advancements
  • Supportive work culture focused on integrity and team success
  • Access to resources for enhancing market position
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Securities

Pay Details:
$140,000 - $185,000 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:

The Equity Sales Trading team represents institutional clients on the equity marketplace via research, trade ideas, identifying new market trends, trade orders, risk management and providing expert analysis on market conditions. The role will report to Managing Director, Head of Canada Cash Equity Trading.

The Institutional Equity Trader of TDS Equity Sales and Trading will work on the institutional equity trading desk, responsible for client facilitation along with other investor and corporate coverage responsibilities. The Institutional Equity Trader of TDS Trading ensures positions are within approved limits while maintaining and enhancing the Banks profile and market share. This position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound and well informed decisions. The position also develops and maintains contacts with market participants, generates content and ideas, and leverages the broader platform to enhance our market position. Position liaises closely with the banks other operations in Canada, Europe, Asia Pacific and the U.S. to assist in meeting the Banks objectives.

Depth & Scope:
  • Position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions.
  • Position develops and maintains contacts
  • Ensures that transactions are fully documented and processed accurately and in a timely manner
  • Strict adherence personally and at a desk level to the firm's procedures
  • Communicates bank, policy information and strategy between the product head and relevant trading personnel
  • Is aware of and understands the approved Business Strategies (Strategic Business Reviews SBR's), applicable to your business, and ensures that all business dealings are in alignment with these strategies
  • Follows the Market Risk Policies applicable to the business and is responsible for being aware of and understanding the approved Trading Strategies (associated with the respective Market Risk Policies) applicable to the business, and ensures that all of your trading activity is in alignment with those Strategies
  • Follows Credit Risk Policies and procedures, as they apply to your business and are responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies
  • Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices
  • Establishes an environment that promotes respect for the individual employee and adheres to the policies and Guidelines of the Bank
  • Directs, trains, and develops staff to enable them to meet challenges, department objectives and achieve full potential
  • Works with Human Resources to recruit staff with the correct level of skills and competencies, adhering to the Banks recruitment procedures and best practices
  • Manages the performance of the team globally ensuring staff have clear pre-set objectives and gets regular feedback on their performance
  • Ensures performance appraisals are conducted in line with the firms policy and standards
  • Provides leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale
  • Maintains staff competence by ensuring that staff skills or knowledge gaps are met with appropriate training and development, so they are able to perform to their maximum capability and fulfill their potential
  • Initiates actions to further improve your own and the teams skills and performance. Continuously looks for opportunities for professional development
  • Demonstrate TD's Leadership Profile in all professional and personal activities


Education & Experience:
  • 5+ years related experience
  • Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
  • Canadian and US equity licenses, including Series 7 and 63 licenses

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

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