Institutional Equity Trader

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$140,000 - $185,000 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 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.

The Equity Sales Trading team represents institutional clients on the equity marketplace via research, trade ideas, identifying new market trends, trade orders, risk management and providing expert analysis on market conditions. The role will report to Managing Director, Head of Canada Cash Equity Trading.

The Institutional Equity Trader of TDS Equity Sales and Trading will work on the institutional equity trading desk, responsible for client facilitation along with other investor and corporate coverage responsibilities. The Institutional Equity Trader of TDS Trading ensures positions are within approved limits while maintaining and enhancing the Banks profile and market share. This position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound and well informed decisions. The position also develops and maintains contacts with market participants, generates content and ideas, and leverages the broader platform to enhance our market position. Position liaises closely with the banks other operations in Canada, Europe, Asia Pacific and the U.S. to assist in meeting the Banks objectives.

Depth & Scope:

• Position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions.
• Position develops and maintains contacts
• Ensures that transactions are fully documented and processed accurately and in a timely manner
• Strict adherence personally and at a desk level to the firm's procedures
• Communicates bank, policy information and strategy between the product head and relevant trading personnel
• Is aware of and understands the approved Business Strategies (Strategic Business Reviews SBR's), applicable to your business, and ensures that all business dealings are in alignment with these strategies
• Follows the Market Risk Policies applicable to the business and is responsible for being aware of and understanding the approved Trading Strategies (associated with the respective Market Risk Policies) applicable to the business, and ensures that all of your trading activity is in alignment with those Strategies
• Follows Credit Risk Policies and procedures, as they apply to your business and are responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies
• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices
• Establishes an environment that promotes respect for the individual employee and adheres to the policies and Guidelines of the Bank
• Directs, trains, and develops staff to enable them to meet challenges, department objectives and achieve full potential
• Works with Human Resources to recruit staff with the correct level of skills and competencies, adhering to the Banks recruitment procedures and best practices
• Manages the performance of the team globally ensuring staff have clear pre-set objectives and gets regular feedback on their performance
• Ensures performance appraisals are conducted in line with the firms policy and standards
• Provides leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale
• Maintains staff competence by ensuring that staff skills or knowledge gaps are met with appropriate training and development, so they are able to perform to their maximum capability and fulfill their potential
• Initiates actions to further improve your own and the teams skills and performance. Continuously looks for opportunities for professional development
• Demonstrate TD's Leadership Profile in all professional and personal activities

Education & Experience:

• 5+ years related experience
• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
• Canadian and US equity licenses, including Series 7 and 63 licenses

#Li-Onsite

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