TDS Operations Analyst II

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$59,500 - $84,000 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:

As a top 10 North American bank, TD aims to stand out from its peers by having a differentiated brand. Anchored in our proven business model and rooted in a desire to give our customers, communities and colleagues the confidence to thrive in a changing world. The TD Framework embodies our culture and guides our behavior as we execute on our business strategy of being a premier Canadian retail bank, a top U.S. retail bank, and a leading Wholesale business aligned with our retail franchise.

Department Overview

With offices located around the world, the strength of TD Securities Global Operations and Business Services lies in the diverse and dynamic group of individuals who provide critical infrastructure services that support and/or control the trading, investment and corporate banking functions of TD Securities.

The FX Global Capital Markets Operations team is part of Global Operations and Business Services and partners with multiple Sales & Trading teams and other areas within TD Securities globally to mitigate risk for the Dealer and our clients. We strive to empower innovation while maintaining strong partnerships with the businesses we support as part of our high-performance culture.

We are a global team with teams also located in London and Singapore and responsible for performing operational risk management functions to protect the accuracy and efficiency at every step of the FX trade life cycle. The team is heavily involved in strategic initiatives and projects, business development and process improvements to optimize efficiency, enhance client service levels and reduce risk.

Responsibilities

• Ensure FX transactions including trades, settlements and lifecycle management transactions are properly managed, posted and reported accurately to clients daily.
• Investigate any trade discrepancies that may result in a significant risk and/or loss to the Bank and immediately escalate to management and Sales & Trading teams.
• Investigate missing funds, reach out to counterparties and brokers to obtain Swift of payment and liaise with treasury to settle.
• Overall accountability and governance of cash break investigations liaising with clients, correspondent banks, Sales & Trading and other partners to resolve within procedural guidelines.
• Develop and maintain sound working relationships with our clients and internal groups to ensure a high level of service is provided on an ongoing basis.
• Explore and deliver process improvements to drive efficiency and streamline the FX trade life cycle.
• Be accountable for own work and sometimes others; act as an escalation point for others in own team
• Assist colleagues in maintaining business processes and providing second level verification of manually entered transactions.

Qualifications

• Bachelor's/University degree or equivalent experience
• Minimum of four (4) years of related industry experience, preferably in Capital Markets or Investment Banking with knowledge of FX products, including Spot/Forwards, Swaps, Non-Deliverable Forwards (NDF’s) and OTC FX Options.
• Excellent interpersonal and communication skills with the ability to build strong relationships
• Meticulous attention to detail along with a risk management and analytical mindset
• Solid understanding of position and cash reconciliation
• General Ledger (GL) system experience and basic accounting skills
• Working knowledge of SWIFT messaging and international payment formatting
• Excellent time management skills with the ability to meet critical deadlines in a fast-paced environment
• Advanced knowledge of Microsoft Office (Excel, PowerPoint, Word, Outlook); technical proficiency in Excel is a must, including VBA (able to understand macros) and SQL (can write simple queries)
• Ability to work independently and perform under pressure with confidence
• Strong ability to problem-solve and prioritize work
• Team player with a positive attitude and strong work ethic

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet