Work Location:
New York New York United States of AmericaHours:
40Line of Business:
TD SecuritiesPay Detail:
$175000 - $225000 USDTD 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 is seeking a highly motivated Asset Backed Securitization (ABS) Structurer to join our team. The ideal candidate will have a strong background in asset-backed securities finance and quantitative analysis. This role involves structuring and underwriting ABS-related deals building collateral cashflow and credit models and working closely with various teams to support strategic initiatives and projects.
The Associate ABS Structurer is responsible to contribute to the strategic development ofthe banks Debt Capital Markets Originations business in the U.S.A. ensuring underwriting positions and swap exposures are within approved limits while maintaining and enhancing the Banks profile and market share.
Key Responsibilities:
Structuring and underwriting ABS-related deals.
Working with 3rd parties in underwriting processes.
Building and maintaining ABS-related collateral cashflow and credit models.
Collaborating with banking teams for new deal pitches.
Assisting sales teams with investor requests and stress scenario analysis.
Studying rating agencies coverage and methodologies.
Generating new structuring strategies.
Identifying new subsector growth opportunities within the bank with the coverage group.
Depth & Scope:
Ensures that underwriting positions and swap exposures are within approved limits
Consults closely with the banks other operations in Canada Europe Asia Pacific and the U.S. to assist in meeting the firms objectives
Observes strict adherence personally and at a desk level to the firms procedures
Understands and complies with TD Securities (USA) Policies regulatory and compliance requirements ensuring that transactions are fully documented and processed accurately and in a timely manner
Provides expert knowledge on market data economic information and key industry developments as well as regulatory
Standards to assist in maximizing profitability through sound business decisions
Develops and maintains contacts with market participants and as a key syndicate contact is responsible for supplying market information to partners with the TD global DCM group
Responsible for communicating bank policy information and recommending strategies between your product head and relevant DCM personnel
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
3 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
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 6500 professionals operating out of 40 cities across the globe we strive to make every interaction product and experience remarkably human and refreshingly simple. 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 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.
Together we are reimagining what banking can be for our clients colleagues and communities.
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:
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.
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.
If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.
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
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 . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.
Required Experience:
IC