Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:TD General
Pay Details:$108,800 - $163,200 CAD
This role is eligible for a discretionary variable compensation award that considers business and individual performance.
Job Description:Department OverviewThe Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's non-trading market risk, liquidity risk, and capital position.
Overview of Responsibilities- The Senior Manager, CDN Funds Transfer Pricing and Business Advisory (FTP) is accountable for supporting all of TD's CDN Retail Banking Lending products for Treasury.
- The role works extensively with Product Managers and Finance groups to explain FTP results and Treasury's impacts on the Business.
- Analyzing product performance and product trends to ensure Treasury's product management and FTP measurements remain appropriate.
- Enhancing Treasury's transfer pricing practices and generating solutions to optimize the bank's NII.
Key Responsibilities of this position include:- Responsible for FTP assumptions and methodologies for TD's Lending products.
- Acting as a department subject matter expert and specialist for CDN lending products.
- Ensure the practices of Treasury and FTP are understood by the businesses in relatable, meaningful, and practical terms.
- Work with TD's Product Managers to support new product initiatives, business changes, and pricing initiatives.
- Lead initiatives to improve FTP practices, product risk measurement, and hedging.
- Provide timely updates to Senior Management of significant developments in TD's margins, NII, and product trends.
- Develop positive working relationships with business partners and project stakeholders.
- Foster a motivated and engaging work environment focused on developing the team and the group's capabilities.
Specific Educational Requirements:- Post-secondary degree in a related field (e.g., Finance, Business, Economics, etc.).
- MBA, CPA, CFA considered an asset.
Qualifications:Familiarity with:- The features and characteristics of retail banking products.
- Funds Transfer Pricing (FTP) concepts and their application to personal and commercial Loan and Deposit products.
- Principles of treasury risk management pillars: market & interest rate risk, funding & liquidity risk, as well as capital management.
This position requires a highly results-oriented individual who has:- Experience in finance/accounting, bank treasury, capital markets or other relevant experiences.
- Post-secondary degree in Finance and/or Economics.
- Valued designations: CPA, FRM, CFA, MBA.
Experience with:- Relating complex financial concepts in terms understandable to all audiences.
- Intuitive understanding of how capital markets function.
- Capital markets concepts: Fair valuing securities, yield curves, financial product features, ALM hedging techniques/strategies, and wholesale bank funding programs.
- Financial and statistical analysis.
Competencies and Personal Qualities:- Excellent interpersonal and communication skills.
- Strong organizational and prioritization abilities.
- Ability to teach skills and concepts to colleagues and staff.
- Demonstrated strong analytical abilities.
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 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.
Our Total Rewards PackageOur 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.
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.
Training & OnboardingWe will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.
Interview ProcessWe'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.
AccommodationYour accessibility is important to us. Please let us know if you'd like accommodations to help us remove barriers so that you can participate throughout the interview process.