Group Manager, Specialized Finance

Work Location:

Hours:

Line of Business:

Pay Details:

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:

Department Overview

The TD Securities Capital Reporting Group is part of the Chief Accountants department and is accountable for all capital reporting, optimizations and capital project initiatives. The group is involved in leading consultations and industry discussions regarding current and upcoming OSFI Capital requirements. It is also responsible for allocation of capital for business line measurement and financial statement disclosures.

Job Overview

This Manager will be responsible for overseeing OSFI Capital reporting processes, providing support and guidance to capital reporting analysts on ongoing monthly reporting deliverables. The manager will also be responsible for managing relationships with the business and stakeholders on key capital initiatives, such as implementation of new products into the OSFI capital calculations and providing meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.

Job Description

• Collaborate with other LoBs, technology partners, the business and other relevant stakeholders to ensure OSFI regulatory rules are well understood/interpreted, and calculation assumptions accurately capture business rationale.

• Lead the development and implementation of new financial models, capital treatment, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions. Provide meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.

• As the subject matter expert, provide guidance and recommendations to the Business on capital related matters.

• Support the execution and onboarding of new products in the TDS capital calculation process to ensure compliance with all existing rules and integration into the capital calculation processes.

• Provide accurate and thorough capital impact analysis on new capital initiatives; interpret findings, identify issues and propose possible solutions.

• Support testing and updates to the Basel Reporting Services (RWA System - the calculation engine for capital reporting) and upstream data pipeline.

• Work closely and manage relationships with different stakeholders from several groups i.e. Treasury and Balance Sheet Management, Finance Shared Services, Technology, Accounting, Front Office, Audit etc.

Managerial Responsibilities:

• Participate in managing the performance of peers.

• Ensure communication of clear objectives with peers and stakeholders.

• Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale.

• Initiate actions to further improve your own and the overall team’s skills and performance.  Continuously look for opportunities for professional development.

• Demonstrate TD’s Leadership Profile in all professional and personal activities.

• Establish an inclusive environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank.

Additional Information

The ideal candidate will possess:

• Thorough knowledge of Basel Capital rules, in particular, Standardized and Internal Rating Based (IRB) approaches for credit risk, as well as underlying principles including parameter impacts on capital.

• Sound understanding of wholesale banking products including derivative instruments and a good grasp of quantitative data analysis

• An independent thinker with strong critical-thinking skills, analytical skills and the ability to solve complex issues

• Self-starter; willingness to take initiatives for continuous learning and development

• Strong working knowledge of Excel and Access; experience in analyzing large data sets using SQL/Access

• Excellent communication skills, both written and verbal

Specific Educational Requirements / Accreditations: 
•            CFA, CPA or FRM designation preferred

•            Master's degree or equivalent experience preferred
 

Who We Are:

TD 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 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):