Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Finance

Pay Detail:

$300,000 - $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:

The Director Public Finance TDS is responsible for raising capital and recommending strategic advisory transactions for governmental, not-for-profit and developer clients.  Reviews financial cash flow models, and various financial analyses, including bond structuring. Maintains senior client relationships and delivers presentations on proposed transactions. Acts as a senior member of the team and provides oversight to deal team members and junior resources.

In this role, you'll be responsible for originating senior managed fixed rate and variable rate bond underwriting transactions.  The successful candidate will be adept at using DBC Finance to analyze existing debt, model new project debt and creatively recommend strategies that result in cost saving ideas for the client to consider.  You should be proficient in reviewing financial statements, rating agency strategy and have existing relationships with senior financial professionals withing this sector.  This role will be responsible for developing and maintaining relationships with healthcare clients with the goal of senior managing bond transactions over time.  The Director will be able to lead a team of analysts, associates and vice presidents to effectively deliver creative financing ideas to clients and their advisors.  Must be proficient in deal execution and have a successful track record of working with our taxable and tax-exempt trading desk to execute and manage a client engagement during a senior managed bond pricing and closing. 

Depth & Scope

Leads the team in the development of the Public Finance Origination business in the U.S. for TD Securities

Ensures that each proposed transaction receive appropriate underwriting approvals (and swap limit approvals) under TD approved procedures

Authorizes transactions attesting that they meet or exceed regulatory standards

Develops and promotes a business model and strategy which focuses strong partnering with officers of the Firm, its affiliates and in particular with relationship bankers of TD Bank N.A. to enhance the Banks profile and market share of Municipal, not-for-profit and Public Finance business in TD's defined market

Position is responsible for developing, training and mentoring employees on the Public Finance Origination team to strengthen the teams overall performance as well as that of the individuals

Position liaises closely with the banks other operations and product groups in the U.S. to assist in meeting the banks objectives

Position possesses expert knowledge on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound underwriting and trading decisions. Position develops and maintains contacts with market participants

To prepare and present presentation material relating to the client's financing plans while being sensitive to all corresponding compliance issues

Integrated marketing approach for origination of all TD products including: bond underwriting, remarketing agent services, GIC provider, interest rate swaps, and  commercial bank products through our partners at TD Bank.

Education & Experience:

Minimum requirement is a bachelors degree in Business, Mathematics or Economics

8+ Years of direct experience required

FINRA Series 7 and 63 Licenses required

Customer Accountabilities:

Understands and supports the Banks Customer Service Strategy

Considers the impact of advice and decisions on the well-being of the Bank, as well as its customers, its employees and stakeholders

Provides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunity

Leads, coaches and models quality service delivery at every interaction

Supports the ongoing improvement of the partner/Customer experience

Employee/Team Accountabilities:

Sets appropriate context for the business unit/function to enable optimal performance and alignment to strategy

Supports the creation of goals and objectives for the business unit/function

Communicates those goals and objectives to the team

Builds capability support / executes plans to acquire, develops and retains the diverse teams with the skills and experience necessary to realize on current and future business strategies

Role model behaviors consistent with TD's leadership profile, customer and employee experience agendas and risk and control culture

Creates an extraordinary place to work advance and sustain a unique, inclusive culture that reflects TD's diversity agenda, and creates an extraordinary employee experience

Leads, coaches and develops a highly effective team by ensuring on-going training and performance and development management

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.