Associate - eFX Sales, TD Securities at TD Bank in New York City, NY

Associate - eFX Sales, TD Securities
Location: New York, New York
Work Location:
New York, New York, United States of America
Hours:
40
Line of Business:
TD Securities
Pay Detail:
$150,000 - $200,000 USD
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:
The Associate - eFX Sales will support the Electronic Foreign Exchange (eFX) sales desk in monitoring, analyzing, and enhancing the performance of our electronic client business. The role requires strong analytical skills, and the ability to work collaboratively across multiple teams within the broader FX business. The successful candidate will help advance our electronic offering and contribute to the growth of our eFX platform. This position reports directly to the VP of eFX Sales in New York.
Key Responsibilities:
Client coverage – once ready start to cover your own pool of accounts, working on maximizing the value to the business.
Reporting/ data – assist with data mining for both ad hoc and scheduled client reports.
Client calls/ meetings – help with any preparation work, attend calls/ meetings, assist with write ups and follow up actions.
Platform monitoring – help with identifying any ongoing issues/ client configuration etc.
Algo execution – become an expert in algo execution, help with monitoring client activity.
Platform analysis – work with our vendors to get the most out of our platform data that we receive, help to identify low hanging fruit.
Client prospecting – help with looking for either brand new clients or introducing existing FX accounts to eFX.
Challenge existing processes - propose process improvements and identify areas of STP.
Marketing materials – create new materials for clients/ update existing marketing.
Shadow wider sales & trading to better understand day to day work and responsibilities.
Depth & Scope:
Gathers, researches information and analyzes the market
Executes detailed data analysis and valuation
Provides in-depth market reports and expert recommendations
Identifies issues affecting clients and provides recommendations to remedy
Develops deep client relationships and presents new ideas to clients
Executes trades and secures deals with new clients
Keeps market-making traders informed of relevant issues with their customers and products
Obtains market prices from market-making traders and executes the trade
Ensures all trades are confirmed with the broker/dealer
Inputs trades (post execution), and Verifies transactions meet company policies and followed approved guidelines
Researches and resolves trade discrepancies
Confirms trade blotters against trades booked in systems
Coordinates with back office on all failed trade status and communicates to front office
Coordinates with back office on position breaks and reports to the front office
Assists traders in mark-to-market process
Coordinates trade reconciliation discrepancy resolution with back office
Looks for ways to improve work flow efficiencies
Reads and understands the Trading Supervision Standard
Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Education & Experience:
Bachelor's degree, or specialized training / equivalent work experience
3+ Years of related experience
Ability to work independently with minimal supervision, establishes priorities, and possesses strong communication, analytical and problem solving skills
Management experience and solid computer skills a must
Physical Requirements:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
Domestic Travel – Occasional
International Travel – Never
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Responding quickly to sounds – Occasional
Sitting – Continuous
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Lifting/Carrying (over 25 lbs.) – Never
Squatting – Occasional
Bending – Occasional
Kneeling – Never
Crawling – Never
Climbing – Never
Reaching overhead – Never
Reaching forward – Occasional
Pushing – Never
Pulling – Never
Twisting – Never
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
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 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.
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
TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.