Operations Analyst - OTC Derivatives

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Hours:

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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 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 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 6900 professionals operating out of 32 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.

We are seeking a detail-oriented and proactive OTC Confirmations Analyst to join our Operations team. The successful candidate will be responsible for ensuring the accurate and timely generation review and execution of trade confirmations for Over-the-Counter (OTC) derivatives. This role requires a strong understanding of OTC products the ISDA framework and the end-to-end trade lifecycle as well as close coordination with front office legal counterparties and other internal teams.

Key Responsibilities:

• Draft review and dispatch trade confirmations for a broad range of OTC derivative products (e.g. equity derivatives credit derivatives interest rate swaps).
• Ensure timely affirmation and matching of trades in accordance with regulatory timelines and internal SLAs.
• Investigate and resolve discrepancies between internal trade records and counterparty details.
• Work closely with traders legal and external counterparties to resolve confirmation breaks or disputes.
• Maintain knowledge and application of ISDA Master Agreements and Confirmation templates.
• Reconcile trade bookings and ensure alignment across trading middle office and confirmation systems.
• Utilize Python or similar programming skills to support automation initiatives enhance reconciliation processes and optimize data workflows.
• Support internal audits regulatory reporting and control processes.
• Contribute to ongoing improvements in process automation and control enhancements.
• Monitor outstanding confirmations and escalate issues where appropriate.

Required Experience and Skills:

• 3 years of experience in an operations or middle office role with direct exposure to OTC derivatives.
• Strong knowledge of the full trade lifecycle from trade execution to settlement.
• Solid understanding of ISDA Master Agreements and product-specific confirmation language.
• Hands-on experience with confirmation platforms (e.g. MarkitWire DTCC or similar).
• Familiarity with regulatory requirements (e.g. EMIR Dodd-Frank) affecting OTC derivatives.
• Excellent analytical problem-solving and communication skills.
• Strong attention to detail and ability to manage multiple priorities under tight deadlines.
• Proficient in Microsoft

#Li-Hybrid

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):