Institutional Equity Salestrader in Toronto

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: TD Securities

Pay Details: $100,000 - $160,000 CAD

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 help clients meet their needs today and prepare for tomorrow. 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.

The Equity Sales Trading team represents institutional clients on the equity marketplace via research, trade ideas, identifying new market trends, trade orders, risk management and providing expert analysis on market conditions. The role will report to Managing Director, Head of Canada Cash Equity Trading.

The Institutional Equity Salestrader of TDS Equity Sales and Trading will work on the institutional equity trading desk, providing coverage for institutional clients to execute equity trades, while providing insights and trading strategies. This position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound and well-informed decisions.

The position also develops and maintains relationships with institutional, corporate and private clients, while collaborating with other groups across asset classes and jurisdictions. This position liaises closely with the bank's other operations in Canada, Europe, Asia Pacific and the U.S. to assist in meeting the Bank's objectives.

Depth & Scope

• Position is fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions.
• Ensures that transactions are fully documented and processed accurately and in a timely manner.
• Strict adherence personally and at a desk level to the firm's procedures.
• Communicates bank, policy information and strategy between the product head and relevant trading personnel.
• Is aware of and understands the approved Business Strategies (Strategic Business Reviews SBR's), applicable to your business, and ensures that all business dealings are in alignment with these strategies.
• Follows the Market Risk Policies applicable to the business and is responsible for being aware of and understanding the approved Trading Strategies (associated with the respective Market Risk Policies) applicable to the business, and ensures that all of your trading activity is in alignment with those Strategies.
• Follows Credit Risk Policies and procedures, as they apply to your business and is responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies.
• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices.
• Establishes an environment that promotes respect for the individual employee and adheres to the policies and Guidelines of the Bank.
• Directs, trains, and develops staff to enable them to meet challenges, department objectives and achieve full potential.
• Works with Human Resources to recruit staff with the correct level of skills and competencies, adhering to the Banks recruitment procedures and best practices.
• Manages the performance of the team globally ensuring staff have clear pre-set objectives and gets regular feedback on their performance.
• Ensures performance appraisals are conducted in line with the firms policy and standards.
• Provides leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale.
• Maintains staff competence by ensuring that staff skills or knowledge gaps are met with appropriate training and development, so they are able to perform to their maximum capability and fulfill their potential.
• Initiates actions to further improve your own and the teams skills and performance.
• Continuously looks for opportunities for professional development.
• Demonstrate TD's Leadership Profile in all professional and personal activities.

Education & Experience

• 5+ years related experience.
• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.
• Canadian and US equity licenses, including Series 7 and 63 licenses.

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.

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.