VP Global Markets Documentation, Capital Markets Agreements

Job description

**Work Location** :

New York, New York, United States of America

**Hours:**

40

**Line of Business:**

TD Securities

**Pay Detail:**

$200,000 - $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:**

The Global Markets Documentation Team is an integral part of TD Securities.

GMD is a client facing team responsible for advisory services across trading desks and clients through capital markets deal origination including execution of regulatory and legal trading agreement requirements globally.

This team maximizes revenue generation, ensures alignment with TD’s risk appetite, and delivers a client-centric experience.

This is an opportunity to join a fast-growing team with high internal visibility at the senior executive level.

The VP, Global Markets Documentation is responsible for providing best-of-class service to clients of TD Securities and internal business partners by preparing and negotiating legal documentation with global counterparties for trading products such as cash prime brokerage and equity derivatives, (i.e. Prime Brokerage Agreements, Term Commitment Agreements, ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements, Custody Agreements).

The VP, Global Markets Documentation independently manages a portfolio of clients and related capital markets legal agreements through the origination process for specific trading products across global markets.

The position offers an opportunity to expand existing transactional and legal experience across multiple products, with a high level of responsibility in a fast-paced and dynamic global markets environment.

**Key Responsibilities:**

+ Lead negotiation of a robust portfolio of capital markets agreements globally across specific trading products, while aligning with internal risk, legal, regulatory and governance frameworks ensuring accelerated time to market.
+ Help advise the firm's clients globally through deal origination, with a focus on the firm's corporate, commercial and commodities portfolios, structuring and capital markets agreements requirements.
+ Participate in client meetings and calls to provide capital markets legal agreement advisory and guidance.
+ Assist with advisory services to the trading floor on trading agreements requirements and implications for new and existing transactions.
+ Lead internal calls with internal stakeholders, as well as calls with external legal counsel, to discuss issues that arise during negotiations of capital markets agreements.
+ Ensure that the firm is adequately protected in all dealings by preparing and negotiating capital markets agreements, including ISDA Master Agreements and corporate and commodities hedging documentation for loan-linked transactions, related credit support documentation, prime brokerage agreements, master confirmation agreements, energy and metals agreements, repo and securities lending agreements, and other bespoke capital markets agreements with clients.
+ Liaise and coordinate with internal stakeholders, such as Business, Credit, Tax, Legal, Operations, Funding and Valuations, and Collateral Management, during the origination and negotiation process.
+ Help manage escalations related to capital markets agreements, ensuring timely resolution and stakeholder alignment.
+ Participate in onsite meetings with clients and internal and external stakeholders, to support origination efforts.
+ Help lead weekly meetings with the desk heads on client updates.
+ Contribute to automation and process improvement initiatives to enhance documentation workflows and regulatory compliance.
+ Prepare and deliver reporting on documentation metrics, project status, and issue tracking.
+ Act as a trusted point of contact and advisor for internal stakeholders on all matters related to trading documentation.

**Depth & Scope:**

+ Ensures that the Bank is sufficiently protected from legal, risk, and operational perspectives in all such trading documents and other legal documentation between the Bank and its counterparties
+ Required to build and maintain strong relationships with all stakeholders across the Bank and be available to service the deal flow with tight deadlines from global desks
+ Leads negotiations of Prime Brokerage Agreements, Term Commitment Agreements, ISDA Master Agreements, CSAs, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements and Custody Agreements with a variety of counterparties, including hedge funds and registered funds
+ Leads or participates in internal calls with senior credit officers and front office contacts, as well as calls with clients and external legal counsel, to discuss issues that arise during negotiations of trading agreements and/or prime brokerage related documents
+ Liaises and coordinates with internal stakeholders, such as Credit, Business, Tax, Legal, Operations and Collateral Management, during the documentation process
+ Provides timely updates to the Business on the status of negotiations, whether via weekly calls or through the team's internal document tracking system
+ Supports internal initiatives related to documentation, process automation, and regulatory compliance

**Education & Experience:**

+ Law degree is required
+ 5+ years of solid legal, trading documentation, capital markets, origination or related experience

**Preferred Qualifications:**

+ 6-8 years of solid legal, trading documentation, capital markets or related experience.
+ Strong knowledge of derivatives product structuring across rates, FX and commodity asset classes.
+ 6 + years in a client facing role.
+ Enjoy working on all manner of capital markets agreements and deal origination while effectively applying sound legal and regulatory risk management principles.
+ Excellent written and verbal communication skills.
+ Self-motivated with the ability to work independently, while understanding when to involve other team members as needed and to work effectively in a team environment.
+ High degree of integrity and strong work ethic.
+ Timely follow through on commitments.

Promote best practices within the group and execute assigned duties and enhance control over procedures.
+ Ability to work under tight deadlines and have the flexibility to support global time zones as required.
+ Demonstrated management skills and commitment to delivering results within aggressive timelines.

**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 (http://hrportal.ehr.com/tdtotalrewards)

**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**

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 USWAPTDO@td.com .

Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

Required Skill Profession

Other General