Director - Options Sales
Director - Options Sales
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Job Description
Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
TD SecuritiesPay Details:
$150000 - $200000 CADTD 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 candidates 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:
TD Securities provides a wide range of capital market products and services to corporate government and institutional clients who choose us for our knowledge innovation and experience in the following key areas of finance: Investment and Corporate Banking Capital Markets Interest Rate Currency and Derivative Products. TD Securities works with clients around the world and our services include the underwriting and distribution of new debt and equity issues providing advice on strategic acquisitions and divestitures and executing daily trading and investment needs.
The Equity Options Sales team based in Toronto is part of Global Equity Derivatives (GED) within the TD Securities Global Markets Sales and Trading business. The team covers Canadian US and international clients spanning pension funds asset managers ETF providers hedge funds and retail investment advisors. The team is in Toronto and currently consists of 2 FTE.
The team specializes in Canadian and US OTC and listed options on single stocks ETFs and indices. Maturities range from short-dated up to 5 years in term.
The new Director will be responsible to help maintain and develop our Equity Options sales franchise with clients based in Canada and worldwide with the aim of growing commission revenues market share and our overall market presence. Daily responsibilities include evaluation of markets development of trading strategies client facilitation content creation and analysis. All these will be done within the GED-specific risk limits and policies in the context of the wider TD Top of the House Risk Appetite and the prevailing Regulatory Framework.
Job Requirements
Responsibilities of this role include but are not limited to the following:
- Developing the Options Sales strategic objectives and growth strategies.
- Provides expert knowledge of market data economic information and key industry developments as well as regulatory standards at all times to assist in client service. Position develops and maintains contacts with market participants
- Help produce relevant options market commentary content and trade ideas
- Build interest in the Canadian and US options market domestically and internationally
- Educate our potential client base including asset and portfolio managers about the benefits of options trading
- Work closely with trading on marketing strategy opportunistic sales to enhance trading revenue
- Maintain relationships with portfolio managers as well as option execution teams
- Optimize existing client relationships as well as pursue new clients
- Collaborate across the dealer in identifying and pursuing potential clients that includes working with the Cash Equities GED Structured Products ETF and Delta One teams among others.
- Observes strict adherence personally and at a desk level to the firms procedures
- Understands and will comply with TD Securities Policies regulatory and compliance requirements
- Demonstrate governance control and risk management behaviours in alignment with TD policies and practices
Education & Experience
- Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
- 10 years related applicable industry 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
- Successful candidate will have to complete as needed various regulatory registration courses such as CSC CPH Trader Training Course Derivative Fundamentals Options Licensing Course.
#LI-Onsite
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 6500 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 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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.
Interview Process
Well 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 youd 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 ObjetRequired Experience:
Director
Employment Type
Full-Time
