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Credit Trading Strategist

External
TD Bank logoTd Bank · Toronto, Canada
$100K–$185K/yrFull-timeOn-site3w ago
CAD
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About the role

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 bankin

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

Additional Information

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: TD Securities Pay Details: $100,000 - $185,000 CAD TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role. Job Description: 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


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