Sr Manager Treasury Strategy

Work Location:

Hours:

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 candidates 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.

Line of Business:

Job Description:

Department Overview:

The US Treasury Strategy team partners with Lines of Business (LOB) Finance and other key stakeholders to develop and recommend strategies to:

• Facilitate improved balance sheet management financial forecasting understanding of segment/product profitability etc. The team is a leading voice in US Treasurys efforts to optimize the balance sheet and to ensure capital allocation liquidity and risk management frameworks are aligned with corporate goals and regulatory requirements.
• To understand (and communicate to relevant parties) implications of proposed corporate structures business initiatives and/or new products particularly on treasury related activities risks and regulatory implications. The team collaborates with Liquidity Management ALM RRP capital management FTP etc. teams to provide advice counsel and guidance on aligning strategies with short-term and long-term business objectives.
• Bring together cross-functional teams---including US Treasury VPs line of business heads senior executives and external stakeholders---to deliver strategic insights and implement best practices that promote financial health operational efficiency and business growth.

By working with our internal partners across finance and businesses the team helps ensure treasury decisions are informed efficient and support long-term growth and profitability.

Treasury Strategy is dedicated to building and developing talent empowering team members to grow their expertise take on strategic challenges contribute innovative ideas and help our partners (across US Treasury Finance and LOBs) implement practical forward-thinking solutions that align with the Banks broader financial goals.

Job Summary:

The Sr Manager Treasury Strategy oversees and leads a large and/or highly complex and diverse business management function for an area of significant risk complexity or scope usually involving medium to long term planning ensuring an integrated approach with other business management areas broader organization and enterprise as appropriate.

Depth & Scope:

• Oversees and leads a large and/or highly complex and diverse business management function for an area of significant risk complexity or scope
• Strategic partner to leadership team on the management of the portfolio and financials with deep industry external / internal enterprise knowledge recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
• Facilitates key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)
• Sets operational team direction and collaborate with others to execute on common goals
• Focus on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Undergraduate degree
• 10 years relevant experience

Preferred Qualifications:

• 10 years in banking professional services/consulting or bank supervision with significant exposure to large bank treasury functions liquidity management ALM capital management recovery and resolution planning FTP and/or balance sheet management. Treasury specialists strategy consultants legal/tax specialists and experienced LOB banking professionals would also be helpful.
• Strong quantitative / analyst skillset: The individual should have financial analysis experience and a hands-on data mindset (comfortable digging into data and systems directly). Critical thinking and problem-solving skills are essential.

• Technology/Systems knowledge of treasury management systems (QRM Axiom etc.)

• Advanced analytical tools (SQL SAS Excel BI tools etc.)

• Familiarity with Treasury data structures (e.g. balance sheet and forecasts cash flow output capital and liquidity reporting risk models etc.)

• Regulatory reporting constructs

• Nice to have: Python R Matlab or other programming toolkits. Data architecture or technical design a plus.

• Progressive Treasury Roles: The individual would likely have risen through progressively senior roles within treasury finance or risk management such as: Treasury Manager/Director Head of Liquidity Risk Senior ALM or FTP roles Capital Planning Lead etc.
• Background in one or more related functions:
  • Finance / Business Finance: Managing LOB P&L ROE tracking RAROC
  • FP&A: forecasting balance sheet projections etc.
  • Liquidity Risk Management: managing liquidity buffers stress testing and funding strategies. Skills in liquidity forecasting cash flow modeling and understanding key liquidity metrics.
  • Asset-Liability Management (ALM): understanding of interest rate risk maturity mismatches and balance sheet strategy.
  • Capital Planning: modeling capital adequacy under stress understanding capital regulations and optimizing capital allocation. Knowledge of how capital requirements impact capital allocation and planning; assessing return on regulatory/economic capital. Familiarity with techniques for optimizing capital utilization including risk-weighted asset (RWA) management and strategic asset allocation.
  • Funds Transfer Pricing: Understanding of FTP methodologies funding costs and profitability drivers. Methods for calculating and applying FTP to allocate funding costs and benefits and approaches to price cost of funds (LP) across business lines. Tractor designation and related behavioral models. Analyzing Net Interest Margin and other profitability metrics affected by FTP (ROE etc.) and how they influence decision-making.
  • Recovery and Resolution Planning: Wind-down and valuation modeling forecasting and contingency planning (CFP CCP) critical functions identification and mapping. Analyzing intra-group funding flows and exposures operational continuity planning capital triggers recovery indicators EWI and escalation mechanisms.
  • CIO function: investment management hedge execution HQLA composition valuation mark-to-market
• Detailed knowledge of key banking regulations: CCAR Dodd-Frank Act Stress Testing (DFAST) DFA 165(d) Reg YY (EPS and its Tailored Applications) Reg WW (LCR/NSFR) Basel III/IV etc. Also familiarity with relevant Safety and Soundness guidance for treasury and large bank supervision (including SR 15-18/15-19 SR 10-6 SR 10-1 SR 16-3 SR 14-1 SR 11-7 SR 12-17 etc.)
• Product and financial instrument knowledge: Knowledge of bonds equities repos and securitization products etc. to assess liquidity funding and interest rate impacts. Understanding of structured products derivatives mortgages lending products funding products and investments as well as how these impact the banks balance sheet liquidity and risk.
• Strategic Project Leadership: Proven track record of leading large complex projects particularly around liquidity management ALM stress testing and recovery/resolution planning. Significant experience working with risk management finance business units treasury and/or regulatory affairs. Ability to coordinate with multiple departments to align strategic treasury initiatives with broader business goals.
• Communication and business writing skills: Prepare clear concise reports and presentations for senior leadership. Excellent communication skills including the ability to present complex treasury strategies simply influence senior stakeholders and drive cross-functional collaboration. Extensive experience in consensus building and stakeholder management.

Customer Accountabilities:

• Develops communicates and implements a holistic strategy for own specific business management function in support of and integrated with the overall business strategy
• Oversees / leads / manages and plans a work activities that may require alignment across multiple areas
• Leads the team in the development and/or integrated implementation of policies / processes / procedures / changes across multiple functional areas
• Leads partner to management and respective teams for area of specialization with industry external and internal enterprise and business awareness; recognizing and anticipating emerging trends and; identifying issues and opportunities and recommending action to senior management
• Acts as a strategic partner by leading relationships with key enterprise partners and interfacing with respective leadership team to effectively manage own business management area and clarify scope of accountabilities while influencing and aligning others as needed
• Ensures an integrated and aggregated view of all related activities across the overall function providing escalations recommendations and decision support to leadership.
• Forecasts programs / initiatives and demand and coordinate prioritization of the portfolio/ initiatives with key stakeholders
• Provides functional / business level communications to ensure messages to stakeholders and/or employees are consistent appropriate and aligned to business strategies and executive management direction

Shareholder Accountabilities:

• Ensures team adheres to enterprise frameworks and methodologies related to overall business management activities
• Leads relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
• Supports team in staying knowledgeable on emerging issues trends and evolving regulatory requirements and assess potential impacts to the Bank
• Assesses / identifies key issues and escalate to appropriate levels and relevant stakeholders and business management where required
• Maintains a culture of risk management and control supported by effective processes and sound infrastructure an in alignment with risk appetite
• Identifies mitigates and reports on risk issues per enterprise policy / guidelines and ensures appropriate escalation processes are followed
• Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls segregation of duties transaction approvals and physical control of assets).
• Works closely with key business leaders to optimize TDBGs resources and leverage TDs operating model to maximize efficiency effectiveness and scale
• Leads or contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
• May lead relevant governance meetings or committees and related deliverables / outcomes representing the business on governance and control issues
• Manages oversight process risk-based identification and monitoring of related risks and regulatory compliance across the supported functions while ensuring key controls and processes are effectively managed
• Oversees or leads the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues

Employee/Team Accountabilities:

• Responsible for management of the overall team(s) providing both leadership and guidance
• Sets targets and objectives for the team and deliver results
• Grows team expertise to align with enterprise demand and the Banks direction; assess team skills and capabilities and continually looks for ways to provide and enhance the value delivered
• Fosters an environment / culture that encourages productivity innovation process improvement teamwork and a high level of professionalism
• Co-ordinates necessary resources to ensure completion by deadlines
• Provides coaching development succession recruitment resource management and overall team leadership for team members and provide regular input into team members assessment of performance and development plans
• Prioritizes and manages own workload in order to deliver quality results and meet timelines
• Supports a positive work environment that promotes service to the business quality innovation and teamwork and ensures timely communication of issues/ points of interest
• Identifies and recommends opportunities to enhance productivity effectiveness and operational efficiency
• Establishes effective relationships across multiple business and technology partners program and project managers
• Participates in knowledge transfer within the team and business units

Who We Are:
TD is one of the worlds 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 95000 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 youve 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 were here to support you towards your goals. As an organization we keep growing and so will you.

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 base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and well-being benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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. Whether you have a passion for helping customers and want to expand your experience or you want to coach and inspire your colleagues there are many different career paths within our organization at TD and were committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well 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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.