TDS Operations Analyst III - FI Operations : MBS Trade Support

TD Securities Operations Analyst III

Work Location : New York, New York, United States of America Hours : 40 Line of Business : TD Securities Pay Detail : $95,000 - $115,000 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

Preferred Qualifications : TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers : Toronto, New York, London, Singapore and Tokyo.

Department Overview

Global Operations and Business Services is a diverse and dynamic group of individuals, whose varied talents and experiences enable us to provide critical infrastructure services that support and / or control the trading, investment, and corporate banking functions of TD Securities. We are committed to innovation with purpose, execution with excellence, and continually improving the employee value proposition. We foster a culture of diversity, inclusion, and community giving. Our dynamic team is divided into five main functional areas : Capital Markets, Financing Operations, Payment and Correspondent Banking Services, Business Services, and Change Delivery. The Global Operations team partners with the front office and other groups globally to mitigate risk and deliver world class service to our global client base. They provide operational support and control functions across the trade lifecycle. The team is heavily involved in new product initiatives and process improvements to streamline our support model. They take great pride in ensuring controls are being continuously reviewed and updated while focusing on the customer at every point of contact. The Fixed Operations team strives to create efficiency, improve client service levels and reduce operational risk. If you are industrious, collaborative, innovative, and enjoy visionary thinking, while also maintaining a commercial view on the market, joining our team could be an ideal opportunity for you.

Responsibilities

Support the MBS trading / sales desk directly Trace Monitoring, Fed Dollar Reporting Assisting the MBS trading desk with Agency Exchanges, Supers, and New Issue CMO process Creating BAM Sheets Providing MBS Repo Positions Ad Hoc MBS Trading Desk request RTTM (FICC), TBA Allocations, TBA Netting, Pool Netting and the Specified Pool Markets Client trade allocations, trade confirmations, new account requests along with the identification and resolution of day-to-day issues Resolving trade Dk's, fails, and open items Support MBS desk consisting of heavy interaction with customer accounts and facilitating the allocation of money manager sub-accounts for client type trading for cash and repo transaction The individual will be required to establish close working relationships with the Trading Desk, Sales Desk, Clearance, Technology, Credit, Legal & Compliance and Trade Accounting Ensure clarity and urgency in managing issues and queries Build strong relationships and work collaboratively within Global Operations and Business Services teams including settlements, new accounts, reference data and change delivery to support the growing Fixed Income business

Qualifications

5 years' experience with MBS trade support and MBS product knowledge Experience with Mortgage-Backed Securities a must Experience and Knowledge of Broadridge MBSE and TBA allocations helpful Team player, collaborate with others teams, encourages other team members to participate and acknowledges the contributions of others. Able to work in a fast pace, deadline sensitive environment and possess good communication skills A self-starter who is comfortable in a complex role that interfaces regularly with clients, front office, technology, finance, and trade support teams A mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners Strong judgement and problem solving Thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives Confident with strong communication skills and an ability to articulate complex issues in a concise manner Knowledge of Broadridge Impact / NAPE systems Strong knowledge of MS Office Excel, Word, and PowerPoint a plus SIE and / or Series 7, 63 a plus.

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve and creating an environment where every employee has the opportunity to reach her / his potential. If you are a candidate with a disability and need an accommodation to complete the application process, email the 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 application process. EOE / Minorities / Females / Veterans / Individuals with Disabilities / Sexual Orientation / Gender Identity.

TD Securities Operations Analyst III

The TDS Operations Analyst III will act as a cross functional process analyst, conduct research, analysis and reporting on a range of operational and service issues. Executes on critical projects and strategic special initiatives within a defined functional area that may require broader partnership across TDS and / or other TD enterprise functions. Enhances management decision making on policies, processes, products and services based on insights generated from analytics and reporting to advance the operating model / processes and elevate service quality. Facilitates the implementation of policies / processes and / or initiatives to meet functional objectives.

Depth & Scope

Advanced knowledge and understanding of the operating environment, business processes and procedures, and transaction lifecycle for own area (e.g., processing environment, applications, software, hardware, products) Experienced level of the role with general business and operational knowledge or related skills required Ability to execute on ad-hoc standard and non-standard processes and requests of medium to high complexity with high-risk / financial impact Identifies and investigates non-standard operational / reporting / process issues Provides recommendations or escalates issues to appropriate area Provides regular analysis and / or reporting to support business partners, functional areas or centres of expertise Requires working professional level knowledge of the functional area and / or business areas supported Moderate level of complexity in operational / reporting / process and / or analysis function requiring a short to medium term focus May operate as a working lead on initiatives as assigned May represent the group as a project lead on initiatives / projects and / or at meetings across the organization. Provides training to others on best practices, processes, etc. as well as guide junior staff for the completion of business as usual functions Ability to support multiple functions within the broader businesses

Education & Experience

Undergraduate degree / college diploma 5+ years relevant experience and / or post-graduate degree and / or certifications Solid knowledge of key functional areas Knowledge of products traded Knowledge of current and emerging competitor and market trends Knowledge of risk management environment, standards and regulations Knowledge of project / program support, planning and implementation Ability to exercise sound judgement in making decisions Ability to communicate effectively in both oral and written form Ability to work collaboratively and build relationships Knowledge of systems interfaces, payment and funding processes, compensation rules, and regulatory issues Skill in using analytical software tools, data analysis methods and reporting techniques Skill in using computer applications including MS Office Ability to analyze, organize and prioritize work while meeting multiple deadlines Ability to work successfully as a member of a team and independently Ability to handle confidential information with discretion

Customer Accountabilities

Provides deep technical subject matter expertise / analysis or operational process support as a key resource / representative for the Global Operations and Business Services function Identifies, documents, and investigates processes / exceptions arising from transactions / processes beyond first level operations service delivery Leads work streams by acting as a project lead / subject matter expert for small-scale initiatives / projects in accordance with project management methodologies Acts as conduit / coordinator / facilitator bringing in appropriate partners / expertise on key initiatives Communicates project status and provide timely escalation of issues to senior management to ensure project objectives are met Contributes to the identification, development and implementation of new products, operating workflow, additional services / products / applications and / or operational efficiencies Provides accurate and thorough analysis of key process drivers, root or systemic causes of cross functional operational issues, interpret findings and make recommendations Accountable for cross-functional interdepartmental initiatives to deliver value internally or to partner / customer groups Provides upward feedback and analysis, developing and executing on reporting functions and / or producing consolidated or aggregated reporting as appropriate Maintains and develops working relationships with customers, partners and vendors by representing the broader Operations function, addressing complex customer issues within the context of the full end-to-end process Works closely with other internal bank partners to ensure all clients' needs are met

Shareholder Accountabilities

Supports the timely and accurate completion of business processes and procedures according to SLA requirements Develops and / or implements standards, policies, procedures, and solutions that mitigate risk and maximize availability of service, efficiency and effectiveness Actively maintains understanding of internal and industry regulations and trends, developing and sharing knowledge of emerging issues / risks, and assess potential impacts as