TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: Toronto, Montreal, Calgary, Vancouver, New York, London, Singapore and Tokyo. www.td.com Department Overview As TDS' Technology Solutions (TS) continues to evolve, we remain focused on implementing greater governance around our planning, development, delivery, measurement and reporting activities. Our goal is to run our IT shop as a business, have the right tools and information to improve our productivity and value across all TD lines of business Job Description Strong knowledge of Interest Rates Options market conventions, pricing and risk management techniques
Strong knowledge of Linear Interest Rates Derivatives including swaps, xccy swaps, FRAs, futures, etc.
Knowledge of Fixed Income Products (Bonds) and their Derivatives
Ability to respond quickly to urgent requests from Front Office #LI-JH2 Job Requirements In-depth knowledge of yield curve construction and volatility modeling including (but not limited to) the SABR model and its extensions
Strong knowledge of modern approaches to modeling interest rates derivatives including:
o IR Futures Options
o CMS Swaps/Caps/Floors
o Bond-based derivatives (TRS, Rate Locks, Bond Options, Futures and Options on Bond Futures)
Strong knowledge of financial mathematics including stochastic calculus
Experience with numerical methods (Monte Carlo, numerical integration, PDE/ODE solving techniques)
Extensive hands-on experience with C++ development
Expert level knowledge of Excel/VBA
Sound technical knowledge and analytical skills.
Follow established testing procedures, standards and processes
Lead in knowledge transfer within the team, and business units globally.
Exposure to xVA modeling is a plus
Exposure to commodities and FX derivatives modeling is a plus
Develop and maintain relationships with Client(s), Relationship Managers and Project Managers.
Work effectively in a team, supporting other team members in achieving project/ business objectives and providing client services.
Support a positive work environment that promotes customer service, quality, innovation and teamwork and ensure timely communication of issues/ points of interest. Qualifications 2-3 years of experience as a front office derivatives quant in investment banks. Interest rate or FX options or Commodity Derivatives.
• Proven team player.
• Ability to work with geographically distributed teams
• Ability to address trading requirements in a timely manner
• Relationships - all-round relationship builder, with clients, team, peers across different jurisdictions and with a diverse set of people
• Strong oral and written communication skills; ability to articulate complex concepts and technical ideas to non-technical personnel clearly
• Excellent problem solving ability Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach her/his potential.
If you have a disability that requires an accommodation to complete the application process, please e-mail TD Bank's HR Compliance Department at email@example.com. Please include your full name, contact information and details about your request within the e-mail.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
**Province/State (Primary) New York City (Primary) New York
A little about us:
TD Bank is creating and sustaining a diverse and inclusive workplace that reflects the people, cultures and languages of the communities we serve.