Director, US Rates Strategist

TD Securities (USA) LLC; New York (NY); On-site; USD 270,000 - 330,000; Full time

Job summary

TD Securities seeks a Director, US Rates Strategist to generate actionable trade ideas and high-quality macro research, interfacing with institutional clients across US rates markets.

The role involves collaboration with Sales and Trading, producing market intelligence, and supporting leadership with progress reports and milestones.

Qualifications

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics; Series 7 and 63.
• 8–10+ years of related experience in a similar US Rates role preferred.
• Masters degree in finance or economics preferred.
• Strong understanding of the US Rates market; Treasuries, STIR, TIPS, and Swaps experience.

Responsibilities

• Identify trade ideas, market dislocations, relative value and hedging opportunities across horizons and rates products.
• Conduct macro thematic research across US rates markets (Treasuries, swaps, related instruments).
• Partner with sales and trading to deliver timely market intelligence and insights.
• Engage directly with institutional clients and contribute to select media interactions.
• Support planning and decision-making across a broad portfolio with cross-functional coordination.

Skills

US Rates market expertise

Analytical & quantitative skills

Investment idea generation

Client engagement with institutional (

Communication with sales/trading

Education

Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics; Series 7 & 63

Job description

Work Location and Compensation

Work Location: New York, New York, United States of America Hours: 40 Line of Business: TD Securities Pay Detail: $300,000 - $300,000 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

TD Securities' Global Strategy team is seeking a Director, US Rates Strategist who will be responsible for generating actionable trade ideas, producing high-quality macro/thematic research, and engaging directly with institutional clients across US rates markets.

Key Responsibilities

• Identify trade ideas, market dislocations, relative value, and hedging opportunities across multiple horizons and rates products
• Conduct macro thematic research across US rates markets (e.g. US Treasuries, swaps and related rates instruments)
• Partner with sales and trading to produce timely market intelligence and insights
• Engage directly with institutional clients and contribute to select media interactions
• Depth & Scope Provides expertise and support the planning and the decision support process for a broad and diverse portfolio of activities, coordinating with a variety of internal stakeholders
• Identifies issues requiring research or analysis, determines solutions directly or in consultation with relevant functional / business leaders, other internal and external groups as necessary, and provides meaningful information in response to issues / questions raised
• Provides key management information, discussions and / or business issues in advance of business meetings and events as well as coordinates follow-up on outstanding issues as required
• Develops and maintains strong working relationships with Business leaders, business heads and partners across the organization
• Organizes and participates in leadership team meetings, planning initiatives, and broader sessions as well provides support to any working groups tasked with deliverables from these activities
• Supports development and tracking of milestones and other performance management tools and processes - provides summary reports on progress for executive review and consideration
• Undertakes and complete a variety of projects and initiatives - often of a highly sensitive nature, and usually with minimal guidance or direction, ensuring discretion and ability to see items through to resolution/completion.

Education & Experience

Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics Series 7 and 63 7-10 years related experience.

Preferred Qualifications

• Masters degree in finance or economics preferred 8-10+ years of relevant experience in a similar role and strong understanding of the US Rates market
• Product expertise with Treasuries, STIR, TIPS, and Swaps preferred
• Experience in Vol or Cross Currency Swaps is a plus
• Demonstrated ability to communicate investment ideas clearly and efficiently across a broad institutional client base.
• Highly motivated with a strong work ethic, professional disposition, and desire to be part of a highly collaborative global team.
• Strong analytical and quantitative skills.

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: ContinuousOperating 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

ADA Statement

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 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.

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. 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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [e-mail]. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

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Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

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