Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$225,000 - $225,000 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:

We're looking for a VP level candidate to join our Environment Products Trading team in the US. This position requires assisting with all activities related to operating and growing a diversified environmental commodities trading business. This includes daily position management, P&L reporting, client market making, operational transfers, transaction booking and execution trading. The candidate will be expected to either have or develop new relationships with sales and trading clients and market makers throughout the environmental products landscape. The role requires working on a trading floor in a fast-paced environment, collaborating with internal stakeholders and driving new business expansion forward. The team is responsible for timely and accurate submission of data to the respective systems and market operators.

The successful candidate will develop expertise in supply and demand fundamentals as well as a deep understanding of the regulatory landscape in the markets that we participate. As well, they will learn how to manage balance sheet optimization across a dynamic internal and external rate environment. They must also ensure counterparty positions reflect internal trading positions and remedy any discrepancies, working closely with our operations and risk teams.

We are looking for a proactive team player who takes ownership and accountability of projects, has strong organizational skills, and the ability to effectively manage competing priorities.  Liaising with Legal, Compliance, Credit, Technology, Tax, Regulatory Reporting and relevant external bodies will be required to help expand the business into new markets.

The VP Sales and Trading TDS develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions. The position liaises closely with the Bank's other operations in Canada, Europe, and the U.S. to assist in meeting the Bank's objectives.

Depth & Scope:

Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectives

Develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions

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

Communicates 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

Responsible for executing the ongoing trading exception report reviews for Money Markets Sales NY

Understands the approved Business Strategies (Strategic Business Reviews SBRs), applicable to the business, and ensures that all of your business dealings are in alignment with these strategies

Follows Credit Risk Policies and procedures, as they apply to the business and is 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

Education & Experience:

Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.

Series 7 and 63

5-7 Years of related experience

Must be detail oriented and possess problem-solving skills

Must be able to work independently with minimal supervision and establish priorities

Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

Preferred Qualifications:

Detail-oriented with a high level of integrity, honesty and professionalism

Excellent communication skills (Verbal and Written)

Strong team player; ability to act as a strong partner and collaborator with the broader energy commodities team, sharing market information and solving complex problems

Willingness to learn other energy commodities products and assist in supporting other energy desks if needed

Ability to act as a liaison between various parties

Proactive, self-starting individual with high levels of ownership. Highly motivated and ability to coach others in technical areas and problem solving. Demonstrate strong business analytical skills, problem solving abilities, initiative, and creativity

Aptitude for building relationships and ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience. 

Ability to operate under pressure addressing time sensitive accountabilities in a fast-paced environment

Ability to operate independently with sound judgement without supervision required

Strong proficiency in use of MS Excel, Bloomberg as well as other MS Office products

Basic proficiency in VBA and/or Python will be considered a plus

Prior experience working as part of a commodities trading team is a strong plus

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.