Trade Surveillance Vice President Compliance jobs at Td Bank in United States, New York

RESPONSIBILITIES:

• Develop and enhance the quantitative methodologies for IPV and associated Fair Value and Prudent Valuation Adjustments.

• Define Fair Value Hierarchy classification and justification, i.e. creating the framework for a given product, risk, or portfolio as appropriate.

• Work closely with Traders, Market Risk, Model Risk Management, Front Office Quants, Product Controllers, and Senior Managers on Valuation related matters.

• Communicate complex valuation matters to Senior Management, Auditors, and Regulators.

• Leveraging expert knowledge of financial markets, products, and quantitative background to critically evaluate the IPV results and support resolution of IPV differences.

• Support Front Office Model Governance through the review of model limitations and potential impact on Fair Value.

• Utilize input of market parameters (swap rates, spreads, cap/floor and swaption vols, exchange-traded securities across different currencies) to ensure accurate derivatives portfolio valuation, including Greeks, mark-to-market (MTM), and PnL attribution.

• Apply product knowledge of Interest Rate derivatives (Swaps, Swaptions, Bermudan Swaptions, CMS Swaps, CMS Cap/Floor) and market risk principles to assess valuation approaches and models.

• Track global financial markets, analyze market movements, conduct monthly valuation analysis, and ensure accurate curve marking and trade reconciliation.

• Utilize financial derivatives pricing models (Yield Curve Construction, SABR model) to evaluate model performance, calibrate to market data, and collaborate with model owners to address limitations.

• Conduct independent valuation validation, develop Fair Value Hierarchy Classification, and ensure compliance with valuation uncertainty controls.

• Implement Python-based automated solutions for valuation reports, fair value and liquidity valuation adjustments, and prudent valuation adjustments.

• Remote work may be permitted within a commutable distance from the worksite.

REQUIRED SKILLS & EXPERIENCE:

• Master's degree or equivalent in Finance, Mathematics, Statistics, Quantitative Finance, or related; and

• 2 years of experience in the job offered or a related Quantitative occupation.

• Must include 2 years of experience in each of the following:

• Utilizing input of market parameters (swap rates, spreads, cap/floor and swaption vols, exchange-traded securities across different currencies) to ensure accurate derivatives portfolio valuation, including Greeks, mark-to-market (MTM), and PnL attribution;

• Applying product knowledge of Interest Rate derivatives (Swaps, Swaptions, Bermudan Swaptions, CMS Swaps, CMS Cap/Floor) and market risk principles to assess valuation approaches and models;

• Tracking global financial markets, analyzing market movements, conducting monthly valuation analysis, and ensuring accurate curve marking and trade reconciliation;

• Utilizing financial derivatives pricing models (Yield Curve Construction, SABR model) to evaluate model performance, calibrate to market data, and collaborate with model owners to address limitations;

• Conducting independent valuation validation, developing Fair Value Hierarchy Classification, and ensuring compliance with valuation uncertainty controls; and,

• Implementing Python-based automated solutions for valuation reports, fair value and liquidity valuation adjustments, and prudent valuation adjustments.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

RESPONSIBILITIES:

• Perform enhancement of pricing and risk models to incorporate new market or products features.

• Conduct quantitative analysis of the current markets trends and trading strategies.

• Perform numerical analysis of existing models and implementation and testing of performance enhancements; Investigate and improve high-frequency algorithmic trading strategies.

• Generate required documentation and testing to support model risk management ongoing model review and validation.

• Work with front office technology teams to integrate models into the trading and risk systems.

• Perform work required to support regulatory and compliance requirements such as Comprehensive Capital Analysis and Review.

• Develop and maintain large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q.

• Research and model of capital market events including hedging and alpha strategies.

• Develop optimization libraries for risk hedging, trade sizing, and expected return maximization.

• Generate required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk management's ongoing model review.

• Perform work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements.

• Perform quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.

• Remote work may be permitted within a commutable distance from the worksite.

REQUIRED SKILLS & EXPERIENCE:

• Master's degree or equivalent in Quantitative Finance, Statistics, Computational Finance, Physics, Engineering (any), or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must include 3 years of experience in job offered or related quantitative occupation. Must include 3 years of experience in each of the following:

• Developing and maintaining large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q;

• Researching and modeling of capital market events including hedging and alpha strategies;

• Developing optimization libraries for risk hedging, trade sizing, and expected return maximization;

• Generating required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk management's ongoing model review;

• Performing work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements; and,

• Performing quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

Responsibilities

• Research or develop analytical tools to address issues such as portfolio construction/optimization, performance measurement, attribution, profit and loss measurement, and pricing models.

• Consult with traders or other financial industry personnel to determine need for new or improved analytical applications.

• Provide application and analytical support to researchers or traders on issues including valuations of data.

• Responsible for risk management and trading activities with limited direction from more senior staff.

• Manage workflow from front to back, including quotes, hedges, trades and downstream processes to minimize operational risks while optimizing market risk.

• Work closely with sales across varying time zones to get the ""right price"" to the ""right client"" given risk tolerance and balance sheet constraints.

• Generate replication strategies across asset classes and various equity index replications.

• Conduct profit and loss and risk reconciliation.

• Execute trades and hedging risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow.

• Use Bloomberg to assess and hedge trading book risk and optimize profitability.

• Monitor and hedge FX and forward risk exposure, including stock borrow and dividends.

• Conduct securities market research to identify opportunities and dislocations.

• Assess macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

• Execute trades and hedge risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow.

• Use Bloomberg to assess and hedge trading book risk and optimize profitability.

• Monitor and hedge FX and forward risk exposure, including stock borrow and dividends.

• Conduct securities market research to identify opportunities and dislocations.

• Assess macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

Required Skills & Experience

• Master's degree or equivalent in Finance, Economics, Mathematics, Engineering (any), or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must have 3 years of experience in the job offered or a related quantitative occupation. Must include 3 years of experience in each of the following:

• Executing trades and hedging risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow;

• Using Bloomberg to assess and hedge trading book risk and optimize profitability;

• Monitoring and hedging FX and forward risk exposure, including stock borrow and dividends;

• Conducting securities market research to identify opportunities and dislocations; and,

• Assessing macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

Responsibilities

• Actively participate on specific client and deal teams.

• Focus on financial and statistical analysis, development of client presentation, and structuring and execution activities.

• Assume business development and product advisory and specialist responsibilities.

• Responsible for primary coverage for a broad base of clients trading domestic and international markets, including Quantitative Funds, ETF fund managers, Asset Managers and Event Driven funds.

• Work with Portfolio Managers and Traders to actively manage their daily trading needs, which includes providing market color, generating pre-trade and post-trade analysis, and coordinating trading instructions with local desks.

• Coordinate trading in global Emerging, Developed and Frontier markets with our internal trading desks, as well as local brokers and partners in the region.

• Provide transaction cost analysis reports and review with client in order to provide best possible execution performance.

• Discuss trading strategy with sales team and clients based in the Americas, Europe, and Asia in order to provide best execution outcome.

• Understand how global equity markets operate, including liquidity, market structure, and stock exchanges to make informed decisions and execute trades in an efficient way.

• Leverage algorithmic trading strategies including VWAP, TWAP and smart order routing when accessing different trading venues including NASDAQ and NYSE.

• Use trading systems including Bloomberg, EMSX and Fidessa for analytics, trading and order management.

• Perform quantitative and statistical analysis using Python, VBA and R to automate manual processes to optimize trade execution and monitor performance.

• Analyze the factors of slippage, market impact, and timing risk, and effectively implementing strategies to minimize negative effects on trade execution and overall performance.

• Analyze global equity index benchmarks, how these indices can change over time and how these changes can affect global equity flows.

Required Skills & Experience

• Bachelor's degree or equivalent in Economics, Mathematics, Finance, Business Administration, or related: and

• 4 years of experience in the job offered or a related Finance occupation.

• Must include 4 years of experience in each of the following:

• Understanding how global equity markets operate, including liquidity, market structure, and stock exchanges to make informed decisions and execute trades in an efficient way;

• Leveraging algorithmic trading strategies including VWAP, TWAP and smart order routing when accessing different trading venues including NASDAQ and NYSE;

• Using trading systems including Bloomberg, EMSX and Fidessa for analytics, trading and order management;

• Performing quantitative and statistical analysis using Python, VBA and R to automate manual processes to optimize trade execution and monitor performance;

• Analyzing the factors of slippage, market impact, and timing risk, and effectively implementing strategies to minimize negative effects on trade execution and overall performance; and,

• Analyzing global equity index benchmarks, how these indices can change over time and how these changes can affect global equity flows.

• 10% domestic or international travel required, as necessary.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

Responsibilities

• Work on risk management and trading activities with limited direction from more senior staff.

• Handle workflow from front to back, including quotes, hedges, trades, and downstream processes to minimize operational risks while optimizing market risk.

• Work closely with sales across varying time zones to get the ""right price"" to the ""right client"" given risk tolerance and balance sheet constraints.

• Generate replication strategies across asset classes.

• Conduct profit and loss and risk reconciliation.

• Handle EM risk including illiquid inventory of an ample variety of basis.

• Make market in liquid EM risks and illiquid structured products providing liquidity to clients.

• Understand global and EM idiosyncratic macroeconomic situations.

• Execute trades, manage risk, and provide pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs.

• Manage risk in emerging market cross-currency basis, focusing on specific convertibility risks to ensure effective hedging and exposure mitigation.

• Mitigate cross-border risk and access local markets to optimize liquidity and enhance market opportunities.

• Originate, structure, and distribute macro–Emerging Markets products to meet client needs and capitalize on market opportunities.

Required Skills & Experience

• Master's degree or equivalent in Business Administration, Statistics, and Finance or related: and

• 3 years of experience in the job offered or a related Finance occupation.

• Must have 3 years in the job offered or a related Finance occupation. Must include three(3) years of experience in each of the following:

• Executing trades, managing risk, and providing pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs;

• Managing risk in emerging market cross-currency basis, focusing on specific convertibility risks to ensure effective hedging and exposure mitigation;

• Mitigating cross-border risk and access local markets to optimize liquidity and enhance market opportunities; and,

• Originating, structuring, and distributing macro–Emerging Markets products to meet client needs and capitalize on market opportunities.

• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

• 10% international and domestic travel required, as necessary.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

RESPONSIBILITIES:

• Apply mathematical or statistical techniques to address practical issues in finance.

• Interpret and summarize financial results.

• Define or recommend model specifications or data collection methods.

• Maintain or modify financial analytic models.

• Act as key support resource to senior bankers in day-to-day client coverage.

• Analyze companies and industries and work directly with client management teams.

• Interact directly with clients, legal counsel, product teams, and senior bankers to tailor M&A advisory.

• Contribute to several projects at once and work effectively as an individual and as a leader of a team, including advising associates and analysts.

• Participate in the recruitment, development, and training of junior bankers (analysts, associates, summer analysts/associates, and incoming classes).

• Support the execution and the origination of M&A transactions including public and private sell-sides, buy-sides, and mergers.

• Contribute to the building and maintenance of complex financial/valuation models, including DCF, accretion/dilution, LBO, comparable trading, and transaction analyses.

• Prepare pitch books and sell memoranda and management presentations.

• Draft and negotiate engagement letters, confidentiality agreements, and other documents related to investment banking transactions.

• Develop client relationships through deal execution and pitching as well as communicating and interacting with internal coverage partners and product areas.

• Conduct research using various service providers (including Bloomberg and FactSet) to analyze market data and competitive dynamics.

REQUIREMENTS:

• Master's degree or equivalent in Engineering (any), Mathematics, Economics, or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must include 3 years of experience in each of the following:

• Supporting the execution and the origination of M&A transactions including public and private sell-sides, buy-sides, and mergers;

• Contributing to the building and maintenance of complex financial/valuation models, including DCF, accretion/dilution, LBO, comparable trading, and transaction analyses;

• Preparing pitch books and selling memoranda and management presentations;

• Drafting and negotiating engagement letters, confidentiality agreements, and other documents related to investment banking transactions;

• Developing client relationships through deal execution and pitching as well as communicating and interacting with internal coverage partners and product areas; and,

• Conducting research using various service providers (including Bloomberg and FactSet) to analyze market data and competitive dynamics.

• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

• 10% domestic/ international travel, as necessary.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

BofA Securities, Inc.

This job is responsible for moderately complex transaction and fulfillment processing, including the movement of assets into and out of accounts. Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support for internal business partners and external clients, in accordance with established guidelines and procedures. Job expectations include handling in operational processes which may carry medium to high levels of monetary risk and assisting in training less experienced team members.

Responsibilities:

• Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and procedures
• Responds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client service
• Responsible for the analysis and resolution of moderately complex transactions requiring escalations and exceptions
• Proactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units

Skills:

• Attention to Detail
• Customer and Client Focus
• Oral Communications
• Prioritization
• Problem Solving
• Account Management
• Analytical Thinking
• Coaching
• Written Communications
• Mentoring
• Research
• Result Orientation

Required Skills:

• Must have ability to communicate Trade information to external parties.
• Process manual trade instructions.
• Validate key control reports.
• Perform Quality Assurance
• Strong organizational skills
• Strong communication skills (verbal and written)
• Strong problem-solving and decision-making skills
• Time management skills
• Moderate knowledge of investments and financial markets preferred

Desired Skills:

• This role typically requires 2+ years' experience in operations functions.
• Thorough working knowledge of the operational aspects of transactions and products.
• Proficiency in Microsoft Office products including advanced Excel skills​