Funding Trader; Global Short Term Markets

Work Location :
London, United Kingdom

Hours:

35

Line of Business: TD Securities

Pay Details:
We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

• Issue short-term interest rate products to address dealer funding needs
• Generate revenue from the investment of firm excess liquidity into cash products and central bank facilities
• Optimize funding tenor and product type to minimize funding and liquidity costs
• Advise clients and internal partners on developments in short-term interest rate and wholesale funding markets
• Leverage holistic understanding of global short-term interest rate markets and bank liquidity to generate trade ideas
• Identify opportunities (tactical and strategic) that reduce firm inefficiencies and grow franchise business
• Manage the funding impact resulting from trading activities in other business lines
• Keep abreast of regulatory developments and understand their impacts to the market and the business

• Price fixed and floating levels for Certificates of Deposit, Commercial Paper and wholesale funding deposits across G7 currencies
• Identify revenue opportunities across cash and interest rate products
• Manage multicurrency portfolio of cash in line with firm needs and day-to-day Funding Operations
• Manage risk, ticketing and P&L for London funding books
• Provide periodic commentary for clients, internal desks, and various internal committees
• Develop efficiencies or opportunities via automating or synthesizing data
• Develop and execute tactical and strategic solutions to minimize regional and global liquidity costs
• Forge strong relationships with key business partners, understand financial markets and regulation and apply analytics to drive commercial value
• Self-starter

• Minimum five years experience in financial markets in a trading capacity across a breadth of interest rate products
• High level of proficiency in Python
• High level of proficiency in MS Office, Bloomberg, VBA or comparable coding language
• Bachelors or Masters Degree in Computer Science, Math, Engineering or Business Administration or equivalent experience preferred
• Excellent communication skills and experience speaking to technical and business audiences
• High level of proficiency in statistical analysis on large datasets
• Comfortable multi-tasking, managing multiple stakeholders and working as part of a team
• Strong analytical and problem solving skills
• Self-starter

TD Securities is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience.

TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition…