VP TDS - Technology Solutions (US)
TD Bank Group (TD)
Work Location:
New York, New York, United States of AmericaHours:
40Line of Business:
Technology SolutionsPay Detail:
$160,000 - $200,000 USDTD 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:
Building a World-Class, Diverse and Inclusive Technology Team at TD
TD Securities, the wholesale trading subsidiary of TD Bank is seeking a motivated and high-performing individual to become a strong contributor in its dynamic technology organization. This senior Business Systems Analyst will report into the head of the Global Equity Derivatives Solutions group. This is a prominent and complex role that will require the individual to interface with finance, operations, risk management, front-office and other technology teams regularly.
Job Description
The role is comprised of (but not limited to) leading the efforts of a wide variety of initiatives including technical platform upgrades, onboarding new product types for trading, L3 support to resolve pricing/valuation issues, design and implementation of esoteric risk metrics associated with key regulatory initiatives (FRTB) for Equity Derivative products.
The candidate should effectively leverage and extend the current TDS GED technology platform which includes a variety of in-house developed applications and services and the vendor product Sophis. The GED Solutions group is involved with the GED Business from front-to-back from Sales and Trading to settlements and financial and regulatory reporting and everything in-between. This role has a strong emphasis on being adaptable and responsive and is very hands-on.
The main responsibilities are:
- Contribute and drive the end-to-end delivery of applications and paradigms for the Global Equity Derivatives business with clear emphasis on strategic and synergistic planning, schedule management, scope, change / issue management
- Execute and assist in design and development of a strategic trading platform
- Perform implementation and assist with development work on the Sophis software system or other in-house solutions
- Interpret, design and construct risk and P&L metrics (including vega topographies, gamma ladders, spot/volatility metrics, and correlation sensitivities of both simple and exotic equity products) that will be used by traders, quants and risk managers
- Design and test middleware between Sophis or associated BoR system and the in-house analytics library
- Scale the performance of the quant library (cloud, GPU, dependency pricing)
- Design and maintain a high-performance, scalable pricing service for the valuation of Equity Derivative products using APIs and dependency graphs which automatically triggers valuation upon any dependent market data change.
Job Requirements
What can you bring to TD? Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention. It helps if you have:
- BA/BS degree in Computer Science, Engineering, Mathematics, Accounting, Finance or equivalent work experience
- 4+ years of experience supporting derivatives trading operations from front to back
- Strong knowledge of Equity derivatives product offering and the associated risk profiles
- 4+ years of experience working with quantitative development team on integration of new features or products using quantitative model/pricing library.
- Experience in managing delivery, support, and executive expectations
- Understanding of Software Engineering and Software Development (emphasis on CI/CD, dev lifecycle)
- Ability to evaluate and implement new technology developments
- Experience in implementing vendor cross-asset trade processing platforms (Sophis experience is a plus)
- Excellent analytical, problem solving, relationship management and influencing skills
- Strategic mindset with the ability to influence and achieve consensus
- Financial acumen and the ability to conduct complex analysis and detailed reporting
- Excellent written and verbal communication skills
- Strong interpersonal skills to explain and present concepts to technical and non-technical audiences alike
- Executing queries, building use-case scenarios for business requests and small enhancements
The VP TDS - Tech Solutions is accountable for day to day management of a team of IT professionals (including both permanent and contract resources) in supporting assigned business clients / internal partners / stakeholder needs and requirements. May be involved in negotiating technology costs and scope in forecasting, planning process with subset of business clients within an overall Segment CIO or within a key technology Functional area.
Depth & Scope:
- Key role involved in negotiating technology costs and scope in forecasting, planning process with subset of business clients within an overall Segment CIO or within a key technology functional area
- Advanced knowledge and understanding of assigned business and bank technology standards (e.g., infrastructure, architecture, processes, applications, platforms, services) and managing people / projects
- Knowledgeable of external competition, industry and/or market trends in relation to own business
- Responsible for managing multiple teams and/or projects with increasing degree of complexity and broad scope (e.g., multi-function within line of business)
- Works independently and often autonomously in the management of projects, teams and operational disciplines and develops strategic thinking/ planning in the execution of work plans with a short to medium term business perspective
- Manages system enhancements, new releases or projects typically focused on a specific product/application of moderate scope and complexity
- Manages/Leads a group (e.g., Less Than 25) of IT professionals (e.g., developers, analysts, specialists, administrators and project managers)
- Orchestrates the development of resolutions, plans and strategies for operational advancement
- Generally reports to Sr. Manager or Executive role
Education & Experience:
- Undergraduate degree or Technical Certificate
- Graduate degree, preferred
- 7 - 10 years related experience
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 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.
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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.
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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
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
If you are an applicant with a disability and need accommodations 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.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.