Associate, Automated Execution Group

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$110,000 - $135,000 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:

TD's Automated Execution Group (AEG) is a front office business unit with mandate to grow and service the electronic trading needs of the dealer. AEG is responsible for soliciting new business, managing relationships and all operational and technological support for TD's institutional equity and option trading clients. AEG is also responsible for the order management and supervision of TD's electronic retail orders, including enforcement of best execution and manual trader intervention. As TD's Direct Market Access (DMA) and Algorithmic equity/option trading group, AEG offers expertise in advanced electronic tools including smart order routing, Trade Cost Analysis (TCA) and low latency connectivity.

The candidate will be primarily responsible for trading coverage across both institutional and retail clients. The candidate should be familiar with equity trading in the Canadian marketplace, and be able to hand large quantities of time-sensitive orders in a high pressure environment. Candidate should also be very comfortable and have experience with managing relationships and speaking with both external clients and internal stake holders over the phone and in person. Most days are not routine.

KEY ACCOUNTABILITIES / RESPONSIBILITIES

The specific tasks will include, but are not limited to, the following:

· Order management and supervision for both institutional and retail order flow

· Managing existing institution client relations to facilitate organic growth

· Facilitate timely and accurate allocation of trades to client accounts

· Design and implement front-office solutions to optimize trading operations

· Conduct SOR modeling and quantitative TCA research using Python scripting and ONETICK tick data

· Conduct market structure research and analysis by leveraging data from Bloomberg, various EMS systems and internal databases

· Coordinate with various groups (middle office, back office, technology, clients and vendors) in resolving technical and settlement issues in trading operations

Job Requirements

Candidate should be comfortable working in a fast-paced, demanding and fluid environment and expect both routine and ad hoc priority requests.  Experience with and knowledge of Direct Market Access, Smart Order Routing, Canadian equity market structure, execution algorithms as well as clearing and settlement if preferred

Technical Qualifications:

· Strong familiarity with Excel functions and tools is a MUST

· Scripting experience in VBA and SQL is a MUST

· Electronic trading experience is preferred

· Experience with Python scripting and working with tick data is a plus

· Background in quantitative and statistical analysis is a plus

Other Qualifications

· Certified for Equity and Options trading in both Canada and the US

· Strong communication skills and attention to detail are a MUST

· Able to communicate and work effective with both internal and external stakeholders

· Highly-motivated and able to work independently in a proactive manner

· Able to work in a fast-paced environment

Additional Information

· Graduate degree in Finance, Mathematics, or Computer Science

· Canadian and US, equities and derivatives certifications including: CSC, CPH, TTC, DFOL, Series 7, Series 63 and Series 57

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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