Job Description

Company Overview

Our Values
At TD we\'re guided by our purpose is 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.

Making Your Well-being a Priority
A supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars - physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they\'re more likely to do their best.

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, variable compensation, and several other key plans such as health and well-being benefits including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: Hybrid, Onsite and Primarily Remote. Wherever our colleagues are working, they\'ll always have access to the TD community and experience our culture of care.

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. Every day, we deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you\'ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we\'re here to support you towards your goals. As an organization, we keep growing - and so will you.

Department Overview

TD Bank Group\'s Enterprise Real Estate (ERE) provides a variety of services to support all TD business units across North America. ERE is responsible for the TD retail and corporate global real estate portfolio, providing real estate strategies and solutions that align with the objectives of the Bank\'s business units, always ensuring that service delivery is timely, cost effective and meets business needs. ERE\'s Vision is "Building for Tomorrow".

Job Requirements

Specific Education Requirements

• University degree or college diploma with a business/accounting focus
• Ideal candidate will have at least 3 years\' experience in lease administration and lease abstracting preferably within a corporate or retail real estate environment

Other Qualifications/Skills/Experience:

• Strong accounting background
• Thorough understanding of real estate principles and lease administration practices
• Strong negotiation skills
• Strong analytical skills
• Ability to interpret complex commercial/retail lease language
• Excellent interpersonal and communication skills both verbal and written
• Excellent time management skills; ability to prioritize and adapt to change a must
• Highly organized with a high level of attention to detail
• Professional with an excellent work ethic
• Effective team player who fully participates as a team member, contributes to a positive work environment and is flexible in adjusting to changing work priorities
• Strong customer service focus
• Experience with real estate accounting and lease management database systems and Microsoft Office.

Hours

37.5

Job Details

• Preferable 3 years\' relevant experience and ability to administer a moderate portfolio of approximately 50 to 75 leases.
• Daily analysis and processing of US real estate tax payments in accordance with both due dates and SLA compliance
• Accurate completion of all Income & Expense surveys and Chapter 91 forms in accordance with various tax auditor requirements and within established TD SLA.
• Pro-actively track and plan for all tax related critical dates
• Analyze, investigate, and resolve all taxing issues with US Tax Authorities and/or business partners
• Pro-actively monitor and run weekly US tax report to investigate possible tax bills missing or other tax type issues to ensure payment is made by due date and to mitigate any fees, charges, and interest charges.
• Accurately enter assessment data into the tax database (Tririga)
• Distribution of Assessment Notices and Other Information to Tax Consultant and Business Areas.
• Track all US tax refunds and assist Senior Leasing Specialist with Altus billings.
• Build and manage solid, effective working relationships with landlords, tenants, vendors, property owners, customers, business lines and real estate partners for the portfolio of leases managed.
• Provide detailed analysis, interpret findings, and make recommendations, as required by Transaction Managers, business partners as well as legal as they relate to lease information.
• Responsible for in depth analysis required in paying monthly rent adjustments and lease related invoices ensuring accuracy, timeliness as well as compliance with lease obligations, SOX requirements and IFRS standards.
• Detailed analytical knowledge and specific real estate expertise and the understanding of lease language is required in order to audit Landlord operating cost and real estate tax reconciliations. Upon completion of audit, recommend either the acceptance of the calculations or challenge the landlord billings. Work with senior management to negotiate settlement.
• Track lease compliance cost saving recoveries and opportunities as a result of the audits and related negotiations.
• Ability to understand and interpret lease language in order to accurately abstract lease documents including both payment and IFRS related data into the ERE database (Tririga), adhering to lease abstraction procedures.
• Monitor outstanding Landlord reconciliation statements to ensure receipt and Sox compliance.
• Monitor new branch opening, lease renewal and lease expiry dates to ensure rental payments are accurate and timely thereby reducing potential risk to the bank.
• Prepare and deliver lease notices upon request from business lines or landlords (consents, defaults, etc.).
• Under guidance of Manager create and prepare Estoppels and Subordination and Non-disturbance agreements in accordance with lease delivery requirements as well as legal guidelines.
• Partner with facility management to provide surrender, go dark and other critical lease requirements for lease expirations/terminations.
• Under guidance of Manager ensure the collection of TI allowances and construction reimbursements in accordance with requirements of the lease.
• In coordination with facility management and project management resolve open construction violations with landlords as necessary.
• Work with real estate partners to quickly cure lease related defaults.
• Interface with both Landlord and Accounts Payable to establish vendor set-up, including attestation on any changes in accordance with audit requirements
• Maintain proficiency with software applications/programs and/or department specific systems as required (i.e. Word, PowerPoint, Excel, Access, Outlook, Tririga).
• When handling Leases and sensitive real estate information and initiatives, must maintain discretion in managing correspondence, information, and all matters of confidentiality.

Workplace Model

Hybrid

Inclusiveness

Our 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.

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.

How We\'re Helping Make an Impact in Communities
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 $1 billion by 2030 in community giving 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.

We look forward to hearing from you!

Additional Information

#LI-Hybrid

Business Line

Corporate

Job Category - Primary

Enterprise Real Estate

Job Category(s)

Enterprise Real Estate

Job Family

Banking Operations

Time Type

Full Time

Employment Type

Regular

Pay Details

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 your recruiter and ask compensation related questions, including pay details for this role.

Careers Web Site Cities

Canada-Ontario-London

TD Bank