Associate, Financial Resource Management (FRM) – xVA Structuring and Optimization

Work Location:

Hours:

Line of Business:

Pay Detail:

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:

The Financial Resource Management (FRM) team is responsible for optimizing the firms financial resources across its derivatives businesses including capital and counterparty risk. As part of the xVA Desk the team partners closely with Sales Trading Structuring Quantitative Analytics Risk Management Treasury and Technology to ensure that derivative pricing appropriately reflects the economic cost of the banks resources while supporting client activity and business growth.

The Associate role provides broad exposure across all asset classes and offers a unique opportunity to contribute to derivative pricing structuring resource optimization and strategic initiatives that influence the firms derivatives business.

The successful candidate will work with senior members of the desk to develop solutions that optimize capital funding liquidity and counterparty credit resources while enhancing the banks xVA framework and pricing capabilities.

Key Responsibilities:

• Support the pricing and structuring of derivative transactions across all major asset classes ensuring accurate incorporation of xVA and financial resource costs.
• Contribute to the development and enhancement of the banks xVA framework methodologies and analytics across rates FX credit commodities and equities businesses.
• Analyze the impact of capital funding liquidity balance sheet and counterparty credit constraints on derivative transactions and client portfolios.
• Assist in identifying optimization opportunities that improve the efficient use of the banks financial resources while supporting business objectives.
• Partner with Sales and Trading teams to evaluate transaction economics and develop resource-efficient client solutions.
• Develop strong relationships across Front Office businesses and become a trusted partner to traders salespeople structurers quants and risk managers.
• Collaborate with Quantitative Analytics Technology Risk Treasury and Product Control teams on strategic initiatives and model enhancements.
• Support the development of analytical tools and reporting infrastructure used to measure and manage xVA-related impacts.

Depth & Scope:

• Gathers researches information and analyzes the market
• Executes detailed data analysis and valuation
• Provides in-depth market reports and expert recommendations
• Identifies issues affecting clients and provides recommendations to remedy
• Develops deep client relationships and presents new ideas to clients
• Executes trades and secures deals with new clients
• Keeps market-making traders informed of relevant issues with their customers and products
• Obtains market prices from market-making traders and executes the trade
• Ensures all trades are confirmed with the broker/dealer
• Inputs trades (post execution) and Verifies transactions meet company policies and followed approved guidelines
• Researches and resolves trade discrepancies
• Confirms trade blotters against trades booked in systems
• Coordinates with back office on all failed trade status and communicates to front office
• Coordinates with back office on position breaks and reports to the front office
• Assists traders in mark-to-market process
• Coordinates trade reconciliation discrepancy resolution with back office
• Looks for ways to improve work flow efficiencies
• Reads and understands the Trading Supervision Standard
• Demonstrates governance control and risk management behaviours in alignment with TD policies and practices

Education & Experience:

• Bachelors degree or specialized training / equivalent work experience
• 3 Years of related experience
• Ability to work independently with minimal supervision establishes priorities and possesses strong communication analytical and problem solving skills
• Management experience and solid computer skills a must

Preferred Qualifications:

• Undergraduate or graduate degree in Finance Mathematics Physics Engineering Computer Science Economics or a related quantitative discipline.
• Strong analytical and quantitative problem-solving skills.
• Excellent written and verbal communication skills.
• Exceptional attention to detail and commitment to accuracy.
• Demonstrated intellectual curiosity and a desire to understand how derivatives businesses operate across asset classes.
• Ability to manage multiple priorities and work effectively in a fast-paced environment.
• Strong interpersonal skills and ability to build relationships across diverse stakeholder groups.
• Proficiency in Excel and data analysis tools; programming experience in Python or similar languages is a must.
• Knowledge of derivatives products and financial markets.
• Understanding of valuation adjustments counterparty risk capital funding liquidity or quantitative finance concepts.
• Experience with quantitative modeling analytics or financial resource optimization is a 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 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.