Analyst - Trading Business Management, TD Securities

Full Time
New York, NY 11205
Posted
Job description

TD Description

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 help clients meet their needs today and prepare for tomorrow. 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.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day. www.td.com

Job Description

The Analyst Trading Business Management TDS analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance. This job develops assessment/summary by identifying key strengths and risks, reviewing historical operating performance, and recommending risk rating. It performs quality underwriting for merchant services relationship requests and may begin to analyze requests in a specific industry that are complex in structure, or of a large market nature. The Trading Business Manager Analyst TDS approves merchant applications within established merchant credit policy and individual credit authority.

Job Requirements

  • Accountable for larger, more complex credits and have higher approval limits
• Analyzes financial statements, management profiles, business/product cycles, and cash flow ability to develop an assessment of credit risk including reviewing in-depth historical operating performance; • • Develops assessment/summary by identifying key strengths and risks, recommending a decision and a risk rating
  • Independently discusses and recommends alternative structures, overall assessments, and any outstanding requirements with merchant Sales Reps
  • Performs quality underwriting for merchant application requests; May begin to analyze requests in a specific industry, that are complex in structure, or of a large market nature. Approves and/or recommends accounts within established merchant credit policy and individual credit approval limit authority
  • Independently prepares analyses for designated merchant accounts that includes identifying any deviations from the merchant policy, recommending processing or reserve changes in order to preserve profitability, reduce credit risk and merchant exposure
  • Performs a financial analysis on customer-provided or bank-generated projections including the performance of "what-if" scenarios that test the reasonableness of the projections provided to the Company
  • Collect and maintain industry data from outside sources, including conversations with the borrower, industry publications, payment card network information, etc to assist with approach to risk assessment
  • Participates in and/or assists in leading internal training activities to sales and customer service employees.
  • Participates in special projects and performs additional duties as required e.g. AML reporting
  • Represents TD at civic, professional and bank-sponsored events; serve on non-profit boards and participate in professional organizations, as opportunities become available

Qualifications

  • 4 year degree or equivalent
  • 3+ years of credit risk experience
  • Credit and Financial statement analysis experience
  • Highly motivated and committed to providing superior service
  • Strong communication skills, interpersonal skills and the ability to work independently and as part of a team are essential
  • Requires superior analytical skills and the ability to exercise sound judgment to make decisions
  • Proven accuracy, well organized and able to multi-task to meet SLAs
  • Expert knowledge of practices and procedures as related to Payment Card Network rules and regulations

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 their 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.

Job Family

Business Mgmt, Strategy & Governance

Job Category - Primary

Securities / Wholesale Banking

Job Category(s)

Securities / Wholesale Banking

Hours

40

Business Line

TD Securities

Time Type

Full Time

Employment Type

Regular

Pay Range

$56,680 - $91,000 annually

Country

United States

State

New York

City

New York

Work Location

1 Vanderbilt Avenue TDS

State (Primary)

New York

City (Primary)

New York

Job Expires

27-Apr-2023

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