Vice President Municipal Bond Operations

VP Operations TDS

The VP Operations TDS will provide operational support & leadership for Fixed Income, Money Market, Syndicate New Issuance in Capital Markets and the corresponding clearing operations areas along with other assigned business areas. This individual will ensure that the firms security positions agree to our clearing bankbooks and records on a daily basis. The candidate will also be cross-trained to other positions within the department. Activities include advising agent of ticket control numbers for confirmations and by performing required system maintenance. In addition, the position will maintain compliance files and verify new clients are set up in the system of record, acknowledging that settlement and other client instructions are complete.

Depth & Scope:

• Ensures all securities are settled accurately, on a timely basis, and are properly allocated by overseeing; Fixed Income (US), Money Market, and Correspondence clearing operations area
• Assists in all settlement activity within the department
• Maintains professional relationships inside and outside the firm; Trading Desks, Counter-Parties, Clearing Bank and Customers
• Acts as a specialist owner or representative in the discipline
• Leads / participates in the identification, development and implementation of new products, operating workflow, additional services/applications or operational efficiencies for Global Business Services
• Identifies, documents, investigates and resolves service delivery issues
• Manages relationships with the client, and other areas of TDS / GBS
• Acts as a project manager for small-scale projects/initiatives
• Initiates or participates in projects follow project management methodologies, communicate project status and provide timely escalation of issues to senior management to ensure project objectives are met
• Interfaces with regulators, external groups (legal firms, accountants etc.), suppliers on operating and service delivery issues relative to the specific area of functional expertise as authorized by the manager
• Escalates non-standard or high risk transactions or other activities as appropriate
• Acquires and applies expertise in the discipline, provide guidance, assistance and direction to others in TD Securities
• Identifies, recommends, and effectively executes standard practices applicable to the discipline
• Analyzes service delivery issues and identifies potential solutions that enhance the customer experience and support TD Securities business objectives
• Protects the interests of the firm identifies and manages risks, while continuously evolving the scope of work to be more efficient
• Completes business process reviews as required, create synergies & process changes where applicable/deemed necessary
• Participates fully as a member of the team, promotes team effectiveness and contributes to a positive work environment
• Supports the team by continuously developing knowledge in own area help grow the skillset of high performers while motivating those who need to develop in certain areas
• Participates in performance management and development activities provide detailed, accurate & actionable feedback as regularly as possible to address the performance growth and meet the objectives of each direct report, tailored to their skillset & goals
• Supports change management activities around projects or initiatives undertaken ensures clear communication of new processes
• Ensures the timely communication of issues that are relevant to the team and encourage a good working relationship with other departments
• Supports the business with consistent application of BSA/AML risk escalation, review and approval processes, KYC due diligence and policies
• Contributes to the development, implementation and continuous improvement of programs, processes, policies and tools to meet BSA/AML requirements and industry best practices
• Continuously develops/maintains solid knowledge of BSA/AML/OFAC requirements, developments and issues within the Operations department

Requirements:

• Bachelor's degree, or specialized training / equivalent work experience years
• 7+ Years of Municipals experience
• 3+ Years of people management experience
• Must be detail oriented and possess problem-solving skills
• Must be able to work independently with minimal supervision and establish priorities
• Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management.

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 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. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD and we're committed to helping you identify opportunities that support your goals. 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.