MBS Operations Analyst MBS Operations Analyst …

TD Bank Group
in New York, NY, United States
Permanent, Full time
Last application, 14 Jun 19
Competitive
TD Bank Group
in New York, NY, United States
Permanent, Full time
Last application, 14 Jun 19
Competitive
MBS Operations Analyst
Company Overview

About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .

Department Overview

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo. www.td.com

MBS Operations is a diverse and dynamic group of individuals, whose varied talents and experiences enable us to provide critical infrastructure services that support and/or control to the trading, investment, and corporate banking functions of TD Securities. We are committed to innovation with purpose, execution with excellence, and continually improving the employee value proposition. We foster a culture of diversity, inclusion, and community giving. So, if you are industrious, collaborative, innovative, and enjoy visionary thinking, joining our team could be an ideal opportunity for you.
The MBS Operations team partners with the front office and other groups globally to mitigate risk and deliver world class service to our global client base. They provide operational support and control functions across the trade lifecycle. The team is heavily involved in new product initiatives and process improvements to streamline our support model. They take great pride in ensuring controls are being continuously reviewed and updated while focusing on the customer at every point of contact.
If you are industrious, collaborative, innovative, and enjoy visionary thinking, while also maintaining a commercial view on the market, joining our team could be an ideal opportunity for you.

Job Description

The candidate will support the MBS sales and trading desk in the life cycle for MBS products. The incumbent will work to ensure a seamless experience and interaction between external customers, operations and the Front Office.

Responsibilities
• The candidate will work with internal business partners and with external clients to resolve money differences (open items) created due to factor updates on MBS securities
• Ensure client trades are allocated and confirmed in an accurate and efficient manner
• Support growing MBS sales desk consisting of heavy interaction with customer accounts and facilitating the allocation of money manager sub-accounts for client type trading
• The individual will be required to establish close working relationships with the Trading Desk, Sales Desk, Clearance, Technology, Credit, Legal & Compliance and Trade Accounting
• RTTM (FICC), TBA Netting, Pool Netting and the Specified Pool Markets
• Manage and allocate TBA trade flow and pool inventory on 48 hour days
• Maintain Trading desk's positions and effectively communicate with them
• Support development, testing, and implementation of enhancements

Requirements

• Bachelor's degree: Finance or Business preferred
• Strong team player, collaborates with others across teams, encourages other team members to participate and contribute and acknowledges the contributions of others.
• Able to work in a fast pace, deadline sensitive environment and possess good communication skills
• A self-starter who is comfortable in a complex role that interfaces regularly with clients, front office, technology, finance, and trade support teams
• A mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners
• Strong judgement and problem solving - Thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives
• Interpersonal and relationship management skills
• Strong knowledge of Excel a plus

Qualifications

MBS Operations is a diverse and dynamic group of individuals, whose varied talents and experiences enable us to provide critical infrastructure services that support and/or control to the trading, investment, and corporate banking functions of TD Securities. We are committed to innovation with purpose, execution with excellence, and continually improving the employee value proposition. We foster a culture of diversity, inclusion, and community giving. So, if you are industrious, collaborative, innovative, and enjoy visionary thinking, joining our team could be an ideal opportunity for you.
The MBS Operations team partners with the front office and other groups globally to mitigate risk and deliver world class service to our global client base. They provide operational support and control functions across the trade lifecycle. The team is heavily involved in new product initiatives and process improvements to streamline our support model. They take great pride in ensuring controls are being continuously reviewed and updated while focusing on the customer at every point of contact.
If you are industrious, collaborative, innovative, and enjoy visionary thinking, while also maintaining a commercial view on the market, joining our team could be an ideal opportunity for you.

Job Description - MBS Operations Analyst
The candidate will support the MBS sales and trading desk in the life cycle for MBS products. The incumbent will work to ensure a seamless experience and interaction between external customers, operations and the Front Office.

Responsibilities
• The candidate will work with internal business partners and with external clients to resolve money differences (open items) created due to factor updates on MBS securities
• Ensure client trades are allocated and confirmed in an accurate and efficient manner
• Support growing MBS sales desk consisting of heavy interaction with customer accounts and facilitating the allocation of money manager sub-accounts for client type trading
• The individual will be required to establish close working relationships with the Trading Desk, Sales Desk, Clearance, Technology, Credit, Legal & Compliance and Trade Accounting
• RTTM (FICC), TBA Netting, Pool Netting and the Specified Pool Markets
• Manage and allocate TBA trade flow and pool inventory on 48 hour days
• Maintain Trading desk's positions and effectively communicate with them
• Support development, testing, and implementation of enhancements

Qualifications:
• University or college degree
• Strong team player, collaborates with others across teams, encourages other team members to participate and contribute and acknowledges the contributions of others.
• Able to work in a fast pace, deadline sensitive environment and possess good communication skills
• A self-starter who is comfortable in a complex role that interfaces regularly with clients, front office, technology, finance, and trade support teams
• A mindset of critical thinking, risk management and understanding the needs of TDS's clients and internal business partners
• Strong judgement and problem solving - Thinks ahead, anticipates questions, finds alternative solutions and identifies clear objectives
• Interpersonal and relationship management skills
• Strong knowledge of Excel a plus
• Bachelor's degree: Finance or Business preferred

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 her/his 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

Hours

40

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.

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