Operations Analyst, TDS Global Asset Servicing - Corporate Actions

TD • New York, NY

8d • $110,000 - $130,000

About The Position

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 Department Overview TD Securities Global Asset Servicing (GAS) 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 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. Our dynamic team is divided into five main functional areas: Capital Markets, Financing Operations, Payment and Correspondent Banking Services, Business Services, and Change Delivery. The GAS team partners with the front office and other groups globally to manage risk and deliver world class service to our global client base. The team provide operational support and control across the trade lifecycle. The team is heavily involved in new product initiatives and process improvements support the growing needs of the business. We take great pride in ensuring controls are continuously monitored and updated while focusing on exceeding customer expectations. If you are industrious, collaborative, innovative, and enjoy visionary thinking, joining our team could be an ideal opportunity for you. Global Asset Servicing – Corporate Actions Overview Manage daily Corporate Action Events across multiple fixed income products. Familiarity with DTC, Euroclear and foreign depository clearance, settlements, and Asset Servicing. Knowledge of new bond issues, changes in terms and conditions to the indentures, details, and calculations of interest for P&I, fixed and floating rate issues, bankruptcies, liquidations, defaults, consents, conversions, full and partial calls, and maturities. Responsible for processing Corporate Actions from trade date to settlement date including fails management over the complete event. Interact with operations groups globally to provide industry leading client service to external clients and internal stakeholders. Internal and external clients while developing relationships with colleagues across TDS Global Operations and Business Services. The Global Asset Servicing Corporate Actions team is responsible for ensuring complete, accurate, and timely processing of all corporate actions as well as maintaining the multiple security masters (cross platform).

Requirements

• 5+ years’ experience in Asset Servicing Operations.
• Can collaborate with and encourage other team members in the pursuit of operational excellence.
• Possess excellent communication skills.
• Able to work in a fast-paced, deadline sensitive environment.
• Self-starter who is comfortable in a complex role interfacing with clients and internal teams.
• Strong knowledge of Excel (e.g., VLOOKUP, pivots, macros, etc.).
• Proven risk management skills, fostering a zero-tolerance policy for poor management practices.
• Strong front-to-back ownership mentality
• Adept at multi-tasking skills with the ability to prioritize competing/conflicting priorities.
• Excellent analytical/problem solving skills while maintaining a sense of urgency.
• Understanding of industry best practices.
• Build strong relationships and work collaboratively within Global Operations and Business Services teams to support the growing needs of the business.

Nice To Haves

• Broadridge NAPE experience is preferred

Responsibilities

• Asset Servicing event creation in proprietary systems.
• Perform day-to-day processing and reconciliation of all Corporate Action Events.
• Identification, escalation, and resolution of corporate action issues understanding while working against critical deadlines.
• Processing ad-hoc bond conversion requests on 144A/REGS securities.
• Working with external brokers to process events on Repo / Stock Loan positions and settle claims.
• Respond to both internal and external inquiries expeditiously.
• Working in a dynamic environment; leverage expertise in key areas to deliver a superior work product.
• Partner with technology to development, implement and refine internal system and processes.
• Provide management feedback on custodian and vendor performance.
• Support direct manager in the delivery and monitoring of daily outputs and critical tasks.
• Efficiently maintain documentation for regulatory, compliance, and audit purposes.
• Drive new business initiatives and pursue automations in support of STP (straight through processing).

Benefits

• 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.
• 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.
• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level