Credit Trading Strategist

Description

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TD Securities provides a wide range of capital market products and services to corporate, government, and institutional clients who choose us for our knowledge, innovation, and experience in the following key areas of finance: Investment and Corporate Banking, Capital Markets, Interest Rate, Currency and Derivative Products. TD Securities works with clients around the world, and our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs.

At TD Securities, we believe that diversity is the key to our success in the competitive global marketplaces and we embrace people with a wide range or unique experiences and abilities.


The Credit Trading group’s primary function is to provide liquidity in the Canadian dollar investment grade and high yield corporate bond market and to support TDSI’s corporate debt issuance activities. The desk offers investment solutions and advice to institutional and retail bond investors, while providing best-in-class execution and distribution services to assist investors in achieving risk-adjusted return targets. Securities issued and traded cover the entire spectrum of the debt capital structure for domestic and international issuers. The group comprises Trading, Sales and Credit Strategy and the specific vacancy within the team is in a Credit Strategy capacity.

• Contribute to the profitability of the group’s credit trading business and work as part of a team to maximize business opportunities
• Conduct credit research on a portfolio of fixed income issuers and identify relative value opportunities across issuers, sectors and currencies
• Develop an understanding of issuer funding needs and plans and pricing across the term and capital structures
• Keep abreast of corporate events and regulatory developments to determine impact on credit profiles
• Become familiar with rating agency views and methodologies for assessing credit quality and ratings directionality
• Publication of daily and ad hoc credit commentaries to communicate credit views and forecasts with Sales and Trading colleagues, buy-side analysts and portfolio managers
• Inform Sales and Trading colleagues and credit investors about new issuers coming to the Canadian market through publication of brief credit notes
• Attend issuer road shows and reflect thoughts to the group and to clients
• Present credit perspectives through formal presentations to institutional and retail investors

Requirements:

• MBA or undergraduate degree preferred
• CFA designation or enrolment in the CFA program an asset
• Experience in fixed income research or credit analysis preferred, including familiarity with credit rating agency methodologies
• Familiarity with reading, assessing and summarizing bond offering documents and covenant analysis
• The candidate should demonstrate a passion for and understanding of the broad financial markets
• Excellent verbal, written and in-person communication skills; strong team player
• Demonstrated strong business analytical skills, problem solving abilities, initiative and creativity
• Strong computer skills necessary, including Microsoft Office applications and, ideally, programming skills
• Experience with Bloomberg preferred

#li-onsite

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet