Analyst - TDS Trade Agreement Data Services

Work Location

Toronto, Ontario, Canada

Hours

37.5

Line of Business

TD Securities

Pay Details

$59,500 - $84,000 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

Business Overview Global Operations and Business Services is a diverse and dynamic group of people delivering continued business success through leadership, collaboration, innovation and visionary thinking. We provide critical infrastructure services that support and control the trading, investment and corporate banking functions of TD Securities. Within our core values, we foster a culture of diversity, inclusion and community support/giving.

Are you innovative and passionate? Do you want to make a difference in an ever changing environment? Then this is the role for you. Data is an integral aspect of the financial business. In recent years we have seen a huge onset of data transforming financial industries, including the ways in which business is conducted. Client Data Services, is always looking for talented individuals to help maintain and build newer and more efficient ways to gather, manage, analyze and distribute data.

Our mission is 'To Deliver World Class Service' to all internal partners and external clients as we place a focus on people, processes and controls. To achieve this, we need individuals who are innovative, customer-focused and highly adaptive.

Department Overview

The Client Data Services function is an independent and centralized infrastructure control function responsible for the accuracy, integrity and maintenance of client, credit, SSI and Trade Agreement reference data within TD Securities (TDS) globally. The team is comprised of approximately 60 professionals that provide timely and accurate reference data services.

Global Operations and Business Services provides essential risk management and control to preserve the Bank's assets and reputation. For every trade agreed / new product launched / market entered / transaction completed, it is Global Operations and Business Services' responsibility to develop processes and controls for the business to successfully operate.

Role Details

We are looking for an individual who is detail and task oriented and who can liaise with various Stakeholders across TD Bank and TD Securities, interfacing with Sales & Trading, Technology, Risk and other professionals across the firm. Due to the ever changing regulatory landscape with respect to legal agreements, the candidate must be flexible and willing to embrace new challenges.

The position will be responsible for providing best-of-class service to clients of TD Securities and internal business partners by managing the data capture requirements for legal information for capital markets trading products. The candidate will also be responsible for managing and investigating trade exceptions as related to various legal agreements. The Bank contracts with global counterparties for trading products such as derivatives, foreign exchange and fixed income products, i.e. repo/securities lending agreements, ISDA Master Agreements, prime brokerage agreements, related credit support documentation. The position will also be responsible for exemption management under the Qualified Financial Contract (QFC) Recordkeeping regulation, where all financial institutions are required to submit a report of all open QFC positions to the FDIC.

Job Accountabilities

• Responsible for the management of accurate and timely data capture for legal terms/documentation between the Bank and its counterparties to facilitate operationalization of legal agreement terms. This includes the ability to review the legal agreements and codify terms in the appropriate system.
• Responsible for managing and updating the Scream tables that record, netting status and product coverage for relevant legal agreements.
• Responsible to build and maintain strong relationships with all stakeholders across the bank and be available to service the deal flow with tight deadlines from global desks to operationalize legal agreement data.
• Partner with TDS Data Change Delivery, and Strategic Change and Initiative Partners to maintain and assist with tactical improvements to the Data Agreement Master and Netting Table in in an efficient and timely manner.
• Collaborate with key technology partners to ensure that Trade Agre