Work Location:

New York, New York, United States of America

Hours

Line Of Business

TD Securities

Pay Detail

$150,000 - $200,000 USD

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

As part of the Global Strategy team based in New York, you will help provide macroeconomic coverage of the US economy. Your analysis will be used to inform Strategy colleagues' views across Fixed Income, FX, Emerging Markets, and Commodities for collaborative publications. The macro team's analysis furthermore helps clients and colleagues across the global TD trading floors formulate views and risks around the broader outlook. The macro strategy team covers higher-frequency economic data releases, central bank policies and forecasts, and market-moving political developments. Themes evolve frequently with market focus and the general economic backdrop. Core responsibilities of the job include:

Forecast, analyze, and communicate economic data releases such as inflation, retail sales, industrial production on a day-to-day basis.
Develop a deep understanding of the Federal Reserve's policies and anticipate future moves.
Follow key political developments when market relevant.
Produce thoughtful, timely, and interesting analysis on key issues of the day.
Communicate the team's macroeconomic views to colleagues across the Global Strategy team, the global trading floors, and to clients.

Core skills needed to perform successfully in this role include:

Familiarity with economic data and how it relates to markets and the broader outlook.
An understanding of central banks and how they achieve their policy targets.
Good technical skills, including knowledge of econometric programs such as EViews or Stata, as well as comfort working in Excel.
A keen sense of curiosity and a desire to learn.

Depth & Scope

Expert level professional role requiring in-depth knowledge/expertise in own domain/field of specialty and working knowledge of broader related areas to run data analysis and develop research reports
Integrates the broader organizational and industry context into advice and solutions
Solves complex problems requiring analysis of multiple variables, which may require consultation with multiple stakeholders
Uses advanced methods to contribute to new solutions and recommend standards against which others will operate
Interprets guidelines, standards, policies, and results of analysis to inform decision making at senior levels
Builds stakeholder alignment in leading activities, identifying, and leading problem resolution
Works independently as a subject matter expert within own area of specialty and act as an escalation point and/or knowledge resource for others

Education & Experience

Undergraduate degree
Holds or is working towards a CFA designation preferred for publishing analysts and associates
Masters or PhD preferred
2+ years related experience

Customer Accountabilities

Compiles, analyzes, and evaluates data, conducting modeling on multiple data inputs related to assigned:
companies/industries and/or
financial markets and economic analysis research reports (e.g., initiating coverage reports, thematic reports, quarterly reporting initiatives, and marketing packages)
Assists in the development of valuation tools and provides advice to institutional clients
Assists in the preparation of forecasting models (e.g., forecast quarterly and annual earnings)
Maintains and enhances financial models and databases
Stays current on market data, economic information, and key industry developments as well as internal policies and regulatory standards (as communicated by Compliance) to assist in maximizing profitability through sound and well-informed decisions
Develops and maintains contact with market participants
Works closely with senior research leads on the ongoing publication of research reports and may assist with ad hoc projects as assigned
May have interaction with clients; develops and presents client presentations

Shareholder Accountabilities

Keeps abreast of market data, economic information, and key industry developments, as well as internal policies and regulatory standards (as communicated by Compliance) at all times to assist in maximizing profitability through sound and well-informed decisions; develop and maintain contacts with market participants
Demonstrates governance, control, and risk management behaviors in alignment with TD policies and practices
Adheres to enterprise frameworks or methodologies that relate to activities for our business area
Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Consistently exercises discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate
Participates in cross-functional/enterprise initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
Conducts internal and external research projects; support the development/delivery of presentations and communications to management or broader audience
Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/policies/practices
Monitors service, productivity, and assess efficiency levels within own function and implement continuous process/performance improvements where opportunities exist
Actively manages relationships within and across various business lines, corporate, and/or control functions and ensures alignment with enterprise and/or regulatory requirements
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities

Participates fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation, and teamwork, and ensure timely communication of issues/points of interest
Provides thought leadership and/or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit
Keeps current on emerging trends/developments and grow knowledge of the business, related tools, and techniques
Participates in personal performance management and development activities, including cross training within own team
Keeps others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
Leads, motivates, and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
Contributes to a fair, positive, and equitable environment that supports a diverse workforce
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

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.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

TD Management Consulting Jobs

New Jobs

Associate, U.S. Macro Strategist, TD Securities