Vice President/Director - US MBS, CMO and Rates

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We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Role Overview

The Vice President/Director will be a senior individual contributor within TD Securities Global Markets, responsible for delivering market expertise, client coverage, and risk-aware execution across US Mortgage‑Backed Securities (MBS), Collateralized Mortgage Obligations (CMOs), and Rates products. The role requires deep product knowledge, strong market judgment, and the ability to operate independently in a fast‑paced trading and client environment.

Key Responsibilities

• Provide subject‑matter expertise in US agency and non‑agency MBS, CMOs, and Rates, supporting trading, structuring, and/or client solutions activities.
• Execute and manage complex transactions while adhering to TD Securities’ risk, conduct, and regulatory frameworks.
• Partner closely with trading, sales, structuring, and risk teams to deliver integrated market solutions.
• Monitor macroeconomic, rates, and mortgage market developments and translate insights into actionable strategies.
• Support client engagement by delivering market commentary, trade ideas, and product insights.
• Contribute to business growth initiatives, including product development, balance sheet optimization, and market expansion where applicable.
• Act as a senior resource within the team, providing guidance to junior colleagues and contributing to overall desk performance.

Experience & Qualifications

• 5–12+ years of relevant experience within a financial institution or dealer environment.
• Demonstrated experience across US Mortgage‑Backed Securities (MBS), CMOs, and Rates products.
• Strong understanding of mortgage structures, cash‑flow modeling, prepayment risk, and interest rate dynamics.
• Proven ability to manage risk, prioritize effectively, and make sound decisions in volatile market conditions.
• Bachelor’s degree in Finance, Economics, Mathematics, or a related discipline; advanced qualifications are an advantage.
• Excellent communication skills with the ability to engage credibly with internal stakeholders and clients.

Competencies & Attributes

• Strong analytical and problem‑solving capabilities.
• High degree of accountability, judgment, and professionalism aligned with TD’s risk culture.
• Ability to operate independently while collaborating effectively across functions.
• Commercial mindset with a strong client and market orientation.

Who We Are

TD Securities is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

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 

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.