CORE ACCOUNTABILITIES:

Scope of Supervision accountabilities cover multiple US business lines within our GM US Equities franchise including ADR, US Equities Cash and Options, US Sales, Cross Asset Trading, Institutional Equity Research Sales, as well as our Prime Services offering. As such demonstrable working knowledge with the above-mentioned business and product lines will be highly desirable. Additional core responsibilities include, but are not limited to:

• Manage key relationships with Electronic Trading business line supervisors and serve as primary contact to advise or coordinate with key stakeholders on day-to-day supervision, regulatory or business conduct matters requiring escalation.
• Provide guidance on E-Trading business line Desk Operating Procedures (DOPs) and execute delegated supervisory review accountabilities in accordance with Written Supervisory Procedures (WSP).
• Prepare Monthly Supervision packs for Electronic Trading and assigned business lines and lead meetings with Global Markets Supervisors to analyze key metrics/trends and review market/business conduct escalations; follow up on any action items or take-aways.
• Provide Global Markets Electronic Trading Supervisors with interpretive guidance and best practices relating to key metrics and business conduct issues; accountabilities include but are not limited to:
• Evaluate practical applicability of Firm policies to Electronic and automated (Algo) trading and sales activities in coordination with Compliance or relevant Risk and Control teams.
• Conduct First Line surveillance and business conduct reviews.
• Compile Electronic Trading management reporting on trade capture metrics, regulatory scorecards, policy exceptions and other ad hoc reporting as required.
• Assess implications of Firm policy, regulatory, new business, or best practice changes to the supervision framework.
• Design and implement supervisory controls and procedures, and more specifically those focused on Electronic Trading automated (pre-trade) controls to address regulatory and best practice requirements (e.g. SEC Rule 15c3-5, NI 23-103, MiFID RTS6).
• Present technical matters in forums with Second Line of Defense (2LoD) stakeholders and drive the resolution of issues in a timely manner.
• Vet and coordinate First Line responses to regulatory inquiries in coordination with Compliance, Front Office, RSM teams; and other support groups.
• Interface with Internal and External Auditors / Examiners as needed, and where required assist with remedial work efforts for any open audit and compliance (testing) findings and open gaps.
• Contribute metrics to Conduct Risk Committees and Vice Chair supervision meetings, as well as Co-Head directs supervisory meetings.
• Execute internal control procedures in accordance with the Volcker Enhanced Compliance Program and provide guidance on Trading Desk Policies.
• Assists E-Trading GMS Director with maintenance and enhancements to the US Market Access and Best Execution Framework, policies and (review) procedures and facilitation of the US Market Access and Best Execution Committee meetings.
• Prepare and present all required Governance Committee meeting materials and presentation decks associated with Equities and Options for the Market Access (15c3-5) Committee that meets quarterly.
• Leads or a key stakeholder on Global Markets regulatory initiatives; participate in business initiatives to conduct supervision operational readiness assessments.
• Participates in local committees (e.g. Algo Committee), internal/external meetings or forums as needed.
• Proactively seeks opportunities for continuous improvement and process enhancements to supervision framework and procedures; assist with relevant change management process.

EDUCATION & EXPERIENCE:

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics
• Series 7 and 63
• 5-7 Years of related experience
• Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function / business
• Ability to provide guidance on Business Management matters and respond to inquiries from business unit staff
• 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

PREFERRED QUALIFICATIONS:

• Solid background/experience working in Capital Markets/Financial Services industry across Equities asset class (including cash and derivatives), and associated business and product offerings.
• An understanding in front-to-back process flows, and regulatory requirements strongly preferred.
• Working knowledge of US Electronic and Algo Trading rules and regulations, more specifically FINRA and SEC (e.g., SEC Reg NMS, SEC Reg SHO, SEC Rule 15c3-5, FINRA 5310 - Best Execution Rule, SRO Rules), industry best practices and supervisory requirements is highly desired.
• Must be comfortable interacting with Electronic Trading & Sales teams and Desk Heads / Supervisors.
• Understanding of key non-financial risk (e.g., market, credit, operational) concepts, controls and applicability to business activities preferred.
• Demonstrate ability to influence key stakeholders to achieve consensus and meet objectives.
• Must have strong analytical and problem-solving skills; be detail oriented; and demonstrate initiative to follow up on items or determine appropriate steps for timely resolution.
• Demonstrates ability to work independently as well as in a team environment.
• Proficient with MS Office Suite, including high-level competency in Excel with ability to create pivot tables, macros, and write/edit code in VBA preferred. Knowledge of scripting tools a plus.
• Must demonstrate ability to manage multiple tasks and deadlines; and flexibility to adapt well to changing priorities.
• As many of the tasks are regulatory focused reviews, the ability to work with Compliance and Legal to interpret regulation or policy and assess applicability to business activities is paramount in this role.
• Must be able to foster and maintain key relationships with senior Business Leaders or stakeholders.
• Proactive and quick learner with ability to take on new responsibilities and prioritize workload as required.
• Must have excellent verbal and written communication skills.
• Knowledge of TD policies and procedures and Global Markets infrastructure a plus.

PHYSICAL REQUIREMENTS:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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.

• Manage key relationships with Electronic Trading business line supervisors and serve as primary contact to advise or coordinate with key stakeholders on day-to-day supervision, regulatory or business conduct matters requiring escalation.
• Provide guidance on E-Trading business line Desk Operating Procedures (DOPs) and execute delegated supervisory review accountabilities in accordance with Written Supervisory Procedures (WSP).
• Prepare Monthly Supervision packs for Electronic Trading and assigned business lines and lead meetings with Global Markets Supervisors to analyze key metrics/trends and review market/business conduct escalations; follow up on any action items or take-aways.
• Provide Global Markets Electronic Trading Supervisors with interpretive guidance and best practices relating to key metrics and business conduct issues; accountabilities include but are not limited to:
• Evaluate practical applicability of Firm policies to Electronic and automated (Algo) trading and sales activities in coordination with Compliance or relevant Risk and Control teams.
• Conduct First Line surveillance and business conduct reviews.
• Compile Electronic Trading management reporting on trade capture metrics, regulatory scorecards, policy exceptions and other ad hoc reporting as required.
• Assess implications of Firm policy, regulatory, new business, or best practice changes to the supervision framework.
• Design and implement supervisory controls and procedures, and more specifically those focused on Electronic Trading automated (pre-trade) controls to address regulatory and best practice requirements (e.g. SEC Rule 15c3-5, NI 23-103, MiFID RTS6).
• Present technical matters in forums with Second Line of Defense (2LoD) stakeholders and drive the resolution of issues in a timely manner.
• Vet and coordinate First Line responses to regulatory inquiries in coordination with Compliance, Front Office, RSM teams; and other support groups.
• Interface with Internal and External Auditors / Examiners as needed, and where required assist with remedial work efforts for any open audit and compliance (testing) findings and open gaps.
• Contribute metrics to Conduct Risk Committees and Vice Chair supervision meetings, as well as Co-Head directs supervisory meetings.
• Execute internal control procedures in accordance with the Volcker Enhanced Compliance Program and provide guidance on Trading Desk Policies.
• Assists E-Trading GMS Director with maintenance and enhancements to the US Market Access and Best Execution Framework, policies and (review) procedures and facilitation of the US Market Access and Best Execution Committee meetings.
• Prepare and present all required Governance Committee meeting materials and presentation decks associated with Equities and Options for the Market Access (15c3-5) Committee that meets quarterly.
• Leads or a key stakeholder on Global Markets regulatory initiatives; participate in business initiatives to conduct supervision operational readiness assessments.
• Participates in local committees (e.g. Algo Committee), internal/external meetings or forums as needed.
• Proactively seeks opportunities for continuous improvement and process enhancements to supervision framework and procedures; assist with relevant change management process