Tds Lead Operations Officer - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

413661BR

Securities / Wholesale Banking

Toronto, ON

July 10, 2023

Company Overview

Department Overview

Global Trade Finance Operations International processing hub is located in Montreal with spoke locations in Vancouver, Calgary, Toronto, Houston and Singapore.

We are a team of over 95 experienced professionals who offer a full range of trade products and are dedicated to providing world class service to our customers located all over the globe.

With offices located around the world and with more than 650 professionals, the strength of TD Securities Global Operations lies in the diverse and dynamic group of individuals who are dedicated to providing ongoing support functions for TD Securities' businesses and their partners.

As part of TD Securities, Global Operations professionals have the opportunity to learn end to end processes as well as create relationships with different lines of business.

Challenged to learn and grow within their role, members of Global Operations are supported in their goals of innovation, excellence and commitment to customer service.

With more than 3,500 people in 13 offices around the world, 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
Commodities
International Trade

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.

The Lead Operations Officer is part of a team of 18 reporting to the Manager of the SBLC and Guarantee team.

Individual will be responsible for managing the transactions for Standby Letters of Credit/Guarantees.

Understand the clients' business structure and what involves their operational needs as well as the processes and administrative procedures
Reviewing text of guarantees requested by clients and providing comments either directly to clients or relationship managers
Drafting, issuing, advising and amending different types of guarantees and processing any other requests or correspondence regarding the guarantees issued or advised.
Adhering to AML Enhanced Due Diligence and Anti-Boycott Procedures, internal policies and regulatory guidelines
Proactively working with others to fulfill different processing requirements in order to ensure processing requests in a timely manner
Prioritizing work in accordance with the service delivery standards
Verifying, releasing and signing SBLC & Guarantees within delegated limits
Acting as a point of contact to both review transaction details and resolve for hurdles for internal partners, relationship managers and clients
Recommending and implementing solutions within own area of responsibility
Identifying potential risks including processing gaps and recommending resolutions
Identifying and providing recommendations to eliminate process redundancy and enhance efficiency.

Requirements:

Bachelor Degree in Finance, International Business or other related discipline an asset
CDCS accreditation an asset
Familiar with the related ICC practices and rules (ISP 98, UCP 600, URDG 758)

- complete understanding of trade finance business including operating environment, business processes and transaction lifecycle

Proven skills in providing excellent customer service and managing client relationships
Requires to be available during some Canadian Statutory Holidays on rotational basis in order to cover our multiple province holidays, US & UK business
This position requires minimum of 18 months commitment to the role
Hybrid role currently minimum 2 days per week in the office

Hours

37.5

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 and serve.

If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.