TDS Operations Analyst III

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$69,700 - $98,400 CAD

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:

Department Overview:

As part of TD Securities, Global Operations and Business Services, Corporate Lending Operations provides outstanding service as we support lending and administrative activities for TD Securities Corporate Clients. You will have the opportunity to learn end to end processes as well as create relationships with different lines of business. Challenged to learn and grow within your role, we are a diverse and dynamic group of people delivering continued business success through leadership, collaboration, innovation, and visionary thinking. Within our core values, we foster a culture of diversity, inclusion and community support/giving.

So, if you are passionate, collaborative, innovative, enjoy visionary thinking and are ambitious, joining our team would be an ideal opportunity for you.

The Corporate Lending Operations team is comprised of over 70 experienced individuals across multiple groups who are dedicated to the following:

• CAIRO Administration:  processing and distribution of authorized corporate credits housed in the CAIRO credit origination system and the approval database.
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• BI-LAT Loan Administration: provides administrative, transactional and support functions for Bi-lateral and Participant deals.
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• TDBNA Loan Administration: provides administrative, transactional and support functions for Bi-lateral and Participant deals for TDBNA clients in US.
• Agency Administration:  provides administrative, transactional and support functions for TD Agented deals.
• Loan Sales & Trading provides support in the settlement of loan trades.
• Retail and Non-Negotiable:  is responsible for compliance tracking, servicing foreign currency loans for the enterprise and providing general banking support.

Job Description:

Reporting to the Manager, Loan Sales & Trading, Operations Analyst is responsible for a group of accounts that are frequently traded. The support includes, but is not limited to, documentation review and execution, administration of asset transfer recordation within TD Agented deals, cash movement for asset sells and purchases to complete trades initiated by TD among external Lenders.

The successful candidate will be required to:

• Demonstrate advanced knowledge of the Loan Sales and Trading business and act as a subject matter expert.
• Maintain/ develop working relationships with clients, as well as external and internal partners
• Provide loan servicing functions for high valued corporate relationships, meeting all timelines, delivering excellent client service, managing risk while adhering to policies and procedures.
• Perform secondary checks/approvals, and review end of day transactions as one of the more experienced members of the team.
• Prioritize and manage own workload to meet requirements for service and productivity.
• Escalate non-standard or high-risk transactions or other activities as deemed appropriate.
• Protect the interests of the Bank by adhering to the operating standards and procedures.

• Actively engaged in various initiatives, to contribute and foster a creative environment where innovative thinking is welcomed and supported.
• Assist in the development and implementation of operational improvements in order to streamline procedures and enhance customer service experience.
• Contribute to the success of the team by providing coverage and assisting whenever required.
• Lead by example as a member of ONE CLO to embrace collaboration within your own team and across the teams.

Job Requirements:

• Oversee a group of accounts for the Par Trading Book that are frequently traded.
• Manage primary syndications to ensure they are executed and settled within the required timeline to mitigate TD's risk exposure.
• Maintain the book of record system- LoanIQ, including building of new primary and secondary deals, facilities and loans.
• Contribute to the success of the team by willingly assisting others in the performance and completion of assigned duties.
• Strong verbal and written communication skills.
• Demonstrate strong analytical and problem-solving skills.
• Met or exceeded the performance expectations in your current position over the last two years.
• Experience with loan trading documents, credit agreements and other legal documents is considered an asset.
• Assist Manager with workflow monitoring to lead the team by ensuring timely and accurate completion of asset transfer.

• Perform secondary checks/ approvals, and review end of day transactions as a senior member of the team.

• Must be self-motivated, strong team player; possess sharp analytical and problem-solving skills.

Other Qualifications/Skills/Experience:

• Must have in-depth knowledge of LIQ system
• Strong understanding of the trade economics (ex: DC, COC) and how to calculate them
• Ability to investigate the calculation mismatch and remediate
• Strong understanding of amendment/ restructure/refinancing process to rebook/transfer the trades

• Extensive experience in syndicated credit and Loan Trading environment.
• Strong understanding of Loan Sales and Trading mechanics including both LSTA and LMA markets.
• Proven communication and relationship skills.
• Proven ability to execute on routine requests.
• Proven ability to recommend and implement solutions within own area of responsibility.
• Will support the team by continuously developing knowledge in own area.
• Will provide training, coaching and/or guidance to others as required.
• The successful candidate will be expected to participate fully as a member of the team, promote team effectiveness and contribute to a positive work environment.

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 6,500 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 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.

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 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:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re 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 you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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 you’re 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.

We're 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 you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll 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 you’d 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 Objet