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 Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of September 30, 2023, TDAM and its affiliates manage over $391 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.

In attaining this client commitment, TDAM has built one of Canada\'s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.

The Investment Funds Tax team is responsible for all tax matters including tax compliance, research, advocacy and issue resolution.

Job Requirements

• Demonstrated tax expertise with hands on experience in a high volume, deadline driven environment. Self-starter and able to navigate in a large organization to coordinate within and across departments to deliver solutions.
• At least 7 years minimum tax experience is required. Tax experience in investment funds is required.
• Deep experience in mutual fund taxation and tax treatment of complex financial instruments and strategies. Ability to communicate complex matters in plain language.
• Broad tax research skills and experience. Solid understanding of NI-81-102 and other relevant security regulations is an asset.

• Demonstrated success in people management and development.
• Completion of the CICA In-Depth Tax Course, Master of Taxation or equivalent experience required
• Chartered Professional Accountant or equivalent is highly preferred.

Hours

37.5

Job Details

The Senior Manager (title to be confirmed) leads the Investment Funds Tax team and is a subject matter expert. There are more than 260 funds including mutual funds, pooled funds, segregated funds, limited partnerships, exchange traded funds and a mutual fund corporation administered by a third-party administrator. This position manages 1 direct report and reports to the Associate Vice President.

The Key Responsibilities / Duties:

• Oversight of the fund administrator in their preparation of the distribution calculations and certain tax returns. Reviews the tax treatment of complex transactions including corporate actions. Ensures proper entries and elections were made.
• Primary contact for the external tax advisors. Allocates work, oversees and monitors their performance.
• Provides expertise to the firm/bank and colleagues on all tax technical matters. This may include tax matters related to product development, use of financial instruments and implementation of investment strategies, client related tax inquiries and client communication.
• Responsible for tax research, analysis and implementation of required tax planning and compliance ideas. This may include leading tax related projects.
• Collaborates with management across all departments to research and resolve complex distributions and tax related issues. This includes providing appropriate tax training to enable management to make informed decisions on non-complex tax matters.

• Analyses the impact of new tax legislations and modifies/implements new processes and controls to address such changes.

• Maintains appropriate policies and procedures. Maintains proper audit trail to support tax positions.
• Responsible for talent management, including hiring, coaching, mentoring and developing team member.
• Review the tax disclosures in the funds\' prospectuses, financial statements and other regulatory documents.
• Handles tax analysis and tax compliance oversight for terminations, fund mergers, re balancing and special distributions.
• Primary contact for Canada Revenue Agency.
• Handles audit support for internal and external auditors.
• Present to senior management, Committees and Boards complex tax matters in a comprehensible manner.
• Represent TD in industry tax committees (IFIC, IIAC, CETFA).

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

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Business Line

TD Asset Management

Job Category - Primary

Asset Management

Job Category(s)

Asset Management, Finance / Accounting, Wealth Management

Job Family

TD Asset Management

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-Toronto

TD Bank