Job Description

TD Description

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Department Overview

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's Canadian and US P&C: non-trading market risk, consolidated liquidity risk and consolidated capital position. Culture: TBSM prides itself on fostering a culture which focuses on development, open mindedness, sharing team successes, partnerships & value add initiatives. Emphasis is especially placed on developing our people by fostering a teaching culture & valuing diversity. The Closed Balance Sheet (CBS) team collaborates with multiple TBSM & Finance stakeholders to identify, quantify & determine root causes for any deviation to the Funds Transfer Pricing (FTP) framework and the resolution of structural balance sheet measurement discrepancies. The Closed Balance Sheet team (CBS) is integral for the bank to accurately represent the true costs/benefits of our product offerings by ensuring Funds Transfer Pricing (FTP) is accurate. CBS takes a thought leadership approach by collaborating with treasury management to identify, quantify & determine root causes for any deviation to the FTP framework and the resolution of structural balance sheet measurement discrepancies. The team is responsible for socializing findings and solutions with senior management. The CBS team owns, reports and analyzes all components of the TBSM P&L. As a centralized function in TBSM, the CBS team act as ambassadors across the bank when discussing key drivers of P&L results which includes, FTP framework changes, hedging strategies & hedge accounting results, funding, capital, investment portfolio and liquidity results.

Job Requirements

Specific Educational Requirements:
Post-secondary degree
Completed or working towards one of the following designations: CPA/CA/CGA/MBA CFA

Qualifications:
Familiarity with:

• Principles of asset/liability management, capital markets, and how Treasury delivers value
• TBSM processes and how they interconnect
• The features and characteristics of P&C banking products . FTP concepts and their application to P&C banking products
• Accounting for banking products including hedge accounting

Experience with:

• Mapping-out/re-engineering processes and work flows, including associated change management
• Communicating with all levels of the organization, including senior management
• Simplifying and presenting complex concepts and business results in terms understandable by audiences with varied backgrounds including senior bank executives
• Managing multiple complex projects concurrently
• Gathering & analyzing financial data to derive value added analysis
• Managing cross functional teams to deliver on key initiatives

Competencies and Personal Qualities:

• Excellent interpersonal and communication skills
• Quick to learn and apply new concepts
• Demonstrated strong analytical abilities
• Ability to collaborate and teach skills and concepts to colleagues
• Approach responsibilities with diligence and initiative, taking ownership of issues to ensure successful outcomes Strong organizational skills with an ability to prioritize and manage competing initiatives
• Challenge the status quo and exhibit a forward-looking mindset to identify enhancement opportunities that are efficient and scalable

Hours

37.5



The Manager will be accountable for several investigations into causes of difference between the Bank's FTP view of net interest income and financial reporting view of net interest income which represent deficiencies in the banks funds transfer pricing, interest rate risk management, foreign exchange risk management or financial reporting processes and methodologies. The Manager will work across various stakeholder groups both within TBSM and across the bank to identify the cause of differences, quantify the impact, propose solutions and partner with various teams to implement changes to methodologies, processes and reporting to correct for the issue identified. The Manager will also be accountable for several key initiatives for the CBS team including development of enhanced analytical capabilities, driving for increased efficiency and other project related items as they occur. Key Responsibilities of this position include:

• Perform comprehensive analysis into causes of difference between the Bank's Funds Transfer Pricing net interest income and the Bank's Financial Reporting net interest income and present findings to VP BSMA, the Bank's Treasurer and CFO.
• Partner with Technology, Finance and TBSM business partners to lead the implementation of solutions to the issues identified
• Act as the CBS team lead for several Bank-wide and TBSM-wide projects and initiatives
• Provide updates on investigations and various CBS projects, and present to all levels of the organization, including senior management
• Support other TBSM teams by providing CBS expertise on banking product features and CBS implications
• Develop and foster a positive working relationship with partners and project stakeholders
• Create an extraordinary place to work by developing and motivating other team members

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.

Additional Information

#LI-Hybrid

Business Line

Other

Job Category - Primary

Enterprise Data & Analytics

Job Category(s)

Enterprise Data & Analytics

Job Family

Business Insights & Analytics

Time Type

Full Time

Employment Type

Regular