TD Bank

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$250,000 - $300,000 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:

Preferred Qualifications:

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: New York, Toronto, Montreal, Calgary, Vancouver, London, Dublin, Singapore and Tokyo [HR to add/remove others as pertinent]. www.td.com.

Job Description:

The Transaction Advisory Group ("TAG") at TD Securities is hiring for an [associate] position in New York to support the Global Capital Markets Group, with focus on Debt [and Equity] Capital Markets including Asset-Backed Securities and Leveraged Finance origination businesses. This is an opportunity to join a fast-growing team with high internal visibility at the senior executive level within the entire TD Bank Group. The position will provide an opportunity to gain transaction experience across multiple products and asset classes, and a high level of responsibility in a fast-paced and dynamic investment banking and global markets environment.

Key Responsibilities:

Transactional and advisory support for all products originated by the Global Capital Markets Group (the "Group") as well as other supporting partners such as Syndicate, and Sales & Trading teams:

• Structure and execute transactions in multiple issuance formats and lead all stages of documentation
• Provide legal advisory on a wide range of debt offerings for domestic and international clients
• Negotiate legal and commercial terms specific to the issuer
• Participate in client pitches, review and draft pitch materials
• Provide thorough factual and legal research and analysis
• Coordinate and communicate with various internal departments across the bank and dealer (middle/back office, global counterparts, business management and finance)
• Keep informed and educate the Group on regulatory and legal developments impactful to their business and clients
• Produce and review transactional due diligence questionnaires and support internal KYC and onboarding protocols
• Enhance and support new business solicitations
• Field sales and investor questions
• Develop relationships with clients and external counsel
• Policy development and internal education
• Assist in new business initiatives and new product development
• Work with support and control teams to implement and develop internal procedures and controls
• Develop extensive network of internal contacts across groups including capital markets, syndicates, in-house legal, compliance, business management and external stakeholders including law firms, trustees, ratings and modeling agencies and other transaction advisory teams across other dealers

Requirements:

• Ability to organize thoughts and clearly articulate points and provide summaries and explanations of transactions, orally or in writing to management or other internal departments
• Highly collaborative and flexible in a team and client environment with ability to form good relationships internally and externally
• Highly self-motivated - expect high level of autonomy, roll-up-your sleeves can-do attitude is a must
• Provides leadership, coaching, counseling and guidance to staff
• Attention to detail and organization – accuracy of work of utmost importance
• Ability to prioritize –expect fast-paced work environment with evolving priorities
• Proven ability to exercise sound judgement
• Highly motivated
• Integrity and high moral standards

Qualifications:

• Bachelors degree required
• 8+ years of related experience in a law firm and/or an investment bank legal department or transaction execution group
• Preference for lawyers qualified to practice in NY state with capital markets product experience
• Strong legal research and analytical skills
• 1933 and 1934 Act knowledge
• Must be proficient in the use of MS Excel, Word and PowerPoint

Depth & Scope:

• Liaises closely with the bank's other operations in Canada, Europe, Asia Pacific, Sydney and the U.S. to assist in meeting the banks objectives.
• Strict adherence personally and at a desk level to the firm's procedures
• Understands and complies with TD Policies, regulatory and compliance requirements
• Ensures that transactions are fully documented and processed accurately and in a timely manner
• Strong communicator of bank, policy information and strategy between the product head and relevant trading personnel
• 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
• Develops and maintains contacts with market participants
• Responsible for being aware of and understanding the approved Business Strategies (Strategic Business Reviews SBR's), applicable to the business
• Bound by 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 ensuring that all of the trading activity is in alignment with those strategies
• Responsible for ensuring that trades are entered into the trading system on a timely basis and for ensuring that positions are appropriately valued
• Must obtain current market prices from an appropriate trader, either verbally or electronically, prior to entering into a binding transaction
• Required to read and understand the Trading Supervision Standard
• Responsible for ensuring your Functional and Local Manager(s) are kept current and apprised of all relevant operational, risk management and control issues
• Responsible for escalating any operational issues to all of your managers, as appropriate
• Responsible for ensuring the Functional and Local Manager(s) are kept apprised of the business strategy
• Ensures that the expectations of Functional and Local manager(s) are met, where conflicts or issues arise, ensures that they are escalated to all managers and resolved in a timely manner

Education & Experience:

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.
• Series 7 and 63
• 7-10 years 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.

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 help clients meet their needs today and prepare for tomorrow. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

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