Analyst - Core Trade Finance Financial Institutions - Global Transaction Banking, TD Securities

Overview

Work Location: New York, New York, United States of America

Hours: 40

Line of Business: TD Securities

Pay Detail: $110,000 - $125,000 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

TD Securities (“TDS”) provides a wide range of capital market products and services to corporate, government and institutional clients through Global Transaction Banking (GTB), Corporate and Investment Banking (CIB), and Global Markets (GM). The firm works with clients around the world, focusing selectively and strategically on key global financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore, and Tokyo. www.td.com

GTB is a key growth business within TDS that provides the opportunity to make an impact with top tier organizations. We offer innovative solutions and treasury advisory services on large and complex liquidity, payments, and trade and working capital finance needs. The business constantly changes with macroeconomic conditions, unprecedented levels of innovation, interest rate environments, and Foreign Exchange (FX) movements. Accordingly, GTB continues to invest and innovate to support our clients' evolving needs.

GTB is comprised of three business lines: Trade & Working Capital (TWC), Corporate Cash Management (CCM), and Financial Institutions (FI), which are underpinned by dedicated support functions, including GTB Risk & Control, Product Management, Client Solutions, Data & Analytics, and Deposit Portfolio Management. TWC is made up of Global Core Trade Finance (GCTF) and Structured Trade & Export Finance (STEF), which is comprised of Export & Agency (EAF) Finance and Working Capital Solutions (WCS).

Primary Job Responsibilities

• LC Reissuance & Correspondent Banking Execution (Primary Focus)
  • Act as a primary coordination point with global correspondent banking partners on inbound and outbound transactions, ensuring timely execution and clear communication throughout the transaction lifecycle
  • Manage day-to-day execution of LC requests, including intake, internal routing, follow-ups, and status updates
  • Support transaction execution by coordinating inputs across internal stakeholders, including Operations and Credit & Risk
  • Perform pricing assessments for transactions, including return analysis and benchmarking
  • Maintain a comprehensive transaction tracker covering LC reissuance activity, counterparties, pricing, credit status, and key milestones
  • Prepare and present a quarterly revenue and activity reporting deck, summarizing volumes, revenues, trends, and pipeline activity for management review
  • Participate in meetings and social events with global correspondent banking partners to strengthen relationships and expand business opportunities with existing clients and prospects
  • Deliver briefing memos and call reports, helping to document opportunities and strong client connections
• Trade Finance Origination
  • The Analyst is an integral member of a client-focused origination team supporting the needs of three originators located in Toronto to meet client needs and assist in execution of trade finance strategy
  • Understand the overall TDS client origination strategy, particularly that of CIB
• Client Experience & Revenue Growth
  • Support activity to enhance client experience or increase revenue by adding new clients and increasing the penetration rate of trade finance products and services
  • Become familiar with TDS clients across industries such as Communications, Media, and Technology; Diversified; Financial Institutions; Financial Sponsors; Global Energy and Power; Mining; Paper, Packaging and Forestry; Real Estate and Utilities
  • Review financial statements and leverage credit tools to understand clients' requirements
• Relationship Development
  • Prepare presentations and discussion papers / term sheets
  • Arrange / engage in client calls and preparation of call reports
  • Assist in term sheet negotiation
  • Collaborate with product partners including CIB, DCM, Derivatives, FX ensuring appropriate client presentation contribution
  • Support deal communication with Corporate Banking relationship managers
• Assist in Closing New Business
  • As new business or a transaction is awarded, facilitate all aspects of facility approval from a product perspective, including Know Your Customer due diligence
  • Assist RMs with review and negotiation of facility documentation with clients
  • Assist with instrument issuance

Job Requirements

• Strong work ethic and commitment to high professional, ethical, and business standards
• Effective organizational, prioritization, and time management skills, with the flexibility to adapt to changing priorities
• Ability to work effectively both independently and as part of a collaborative team
• Strong analytical and quantitative skills, with the ability to interpret transaction economics, pricing, and basic risk considerations
• Advanced Microsoft Office skills (PowerPoint, Excel, etc.); familiarity with AI-enabled productivity or data tools is an asset
• Ability to communicate clearly and effectively both verbally and in writing
• Excellent organizational and prioritization skills
• Strong interpersonal skills and ability to adapt presentation styles
• High level of self-motivation and initiative with a willingness to take ownership of recurring processes and continuous improvement
• General awareness of global financial markets, geopolitical developments, and their potential impact on cross-border transactions
• Familiarity with corporate financial statements (understanding of credit analysis would be an asset)
• Strong appreciation for process discipline, risk management, and control procedures
• Flexibility to occasionally work non-traditional hours to support transaction execution across time zones, as business needs require
• Ability to travel in North America
• Other factors considered valuable:
  • Understanding of commercial or corporate lending
  • Familiarity with credit facility documentation
  • Client facing experience

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.