AVP, ALM Methodologies/Development & Mtg Commitment Pipeline, TBSM

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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.

Job Description:

Department Overview

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Banks: non-trading market risk (NTMR) consolidated liquidity risk and consolidated capital position.

Position Summary

Reporting to the Vice President of Treasury Asset Liability Management and Applied Research the Associate Vice President ALM Methodologies/Development & Mtg Commitment Pipeline will lead a team of finance/risk professionals with shared responsibility spanning Canadian and US ALM teams collectively supporting critical inputs underlying delivery of best in class enterprise ALM/NTMR measurement and reporting.

Individual Role Accountabilities

• This Asset Liability Management (ALM) Methodologies/Development role in TBSM operates as the enterprise lead in steering ALM model development initiatives and ALM methodology enhancements. This role drives a high degree of rigor quality and transparency into risk measures used for the purpose of NTMR management hence plays a central role in ensuring NTMR is managed to meet all Financial Risk and Regulatory objectives and/or expectations. Specific accountabilities include:
  - Leading a team of seasoned ALM Methodologies/Development staff with extensive background in accounting systems and financial reporting processes product booking systems including data and technology infrastructure. This ALM Methodologies/ Development team is well versed in use of ALM analytical engines and models used for the purpose of quantifying NTMR. The team advises on appropriate underlying choice of methodologies and model parameters.
  - Methodologies underlying NTMR metrics are highly impactful to the bank as NTMR metrics guide positioning of external hedge requirement. Optimal hedging plays a significant role in TDs banking book profitability and ability to manage NII and NIM objectives versus plan and forecast.
• This TBSM role directs all Mortgage Commitment pipeline hedging for the bank thus optimally tailoring hedge requirement to achieve high hedge effectiveness while targeting minimal hedge cost. TDs Mortgage Commitment hedge program offsets exposure associate with written client rate commitments . Specific accountabilities include:
  - Leading the Canadian Mortgage Commitment Pipeline risk measurement / management team supporting pipeline model development initiatives along with hedge optimization and strategic initiatives. This team is accountable for optimizing cost and effectiveness of the Canadian Mortgage Commitment hedge program. The team end-to-end manages the mortgage pipeline risk position i.e. is accountable for accessing position data deriving various parameter input assumptions producing risk position reports along with generation of parameter monitoring and tracking reports.
• Lead a team responsible for ALM/NTMR reporting. Ensure NTMR reporting staff members maintain ongoing accurate complete informative and timely reporting as is provided to our internal TBSM stakeholders to our Finance partners Product Partners Risk Management TDBG Board Financial Disclosures and Regulators. Ensure overall best-in-class market risk reporting of the Non-Trading Book.

Skills Education & Experience

• 7-10 years of experience in quantitative finance wholesale markets Bank treasury or other relevant experience
• Post-secondary degree in Quantitative Finance Math or Economics
• Valued designation: CA CMA FRM CFA MBA

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 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. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations requirements.

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
Your accessibility is important to us. Please let us know if youd 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.

We look forward to hearing from you!

Language Requirement (Quebec only):