Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
TD GeneralPay Details:
$108800 - $163200 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.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:
Job Description / Accountabilities:
Reporting to the AVP Enterprise Capital Management (ECM) the Senior Manager will primarily be responsible for leading Enterprise capital policy development and contingency planning initiatives and other activities related to the overall mandate of the team. The key responsibilitieswill include the following:
Develop capital management policies and frameworks ensuring appropriate incentives are set for efficient use of the Banks capital resources and promoting accountability for capital usage.
Maintain the Banks capital allocation guideline ensuring that capital can dynamically be attributed to capital consumers and aligning incentives.
Conduct capital adequacy assessments to support senior executive and committee comfort with the calibration of internal capital ratio target setting.
Monitor compliance with regulatory capital limits and processes as outlined in relevant capital management policies. Work with segment CFOs to identify actions to manage capital targets within limits as appropriate.
Support ECMs crisis management planning by developing and enhancing the Banks Capital Contingency Plan process and ECMs contributions to the Banks Recovery and Resolution Planning requirements including plan updates testing and responding to regulatory feedback.
Develop and size potential options to manage the trajectory of capital in both stress and BAU conditions.
Manage capital distribution issuance and redemption processes in accordance with regulatory capital requirements and internal governance standards.
Lead various capital reporting requirements including certain quarterly external disclosure reporting and internal risk dashboards related to capital results.
Support regular and ad-hoc capital related inquiries from regulators and other stakeholders.
Act as a key point of contact for the team to support various internal programs
Conduct periodic industry benchmarking to keep informed of best practices related to capital management
Managerelationships with various stakeholders (including Segment Finance Risk Management and other areas within Treasury) to ensure consistent application and understanding of capital policies and guidelines.
Keep abreast of emerging issues industry trends and evolving regulatory requirements and assess potential impacts to various products and strategies employed by the Bank.
Department Overview
The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TDs consolidated non-trading market risk funds transfer pricing measurement framework funding strategies and liquidity risk and capital position.
Enterprise Capital Management (ECM) within TBSM is responsible for managing the banks capital adequacy and efficiency; capital allocation methodology; oversight on subsidiary capital management; coordinating regulatory advocacy; developing and reporting on the banks internal capital adequacy assessment process; supporting the analysis of corporate development opportunities; and forecasting and analyzing TDBGs consolidated regulatory capital requirements
Job Requirements
Qualifications / Skills / Experience:
Knowledge or experience in the following areas is considered necessary:
Experience in Capital Management Treasury and/or Governance. Previous experience with governance policy resolution planning or capital is considered an asset.
Strong knowledge and understanding of financial services industry and TDs balance sheet and businesses.
An independent thinker with strong critical-thinking skills and the ability to solve complex issues.
Ability to mobilize the organization and work across functions with various stakeholders to deliver results.
Familiarity with financial reporting concepts accounting standards and risk management concepts and practices.
Strong communication skills (verbal and written) with the ability to synthesis thoughts in a clear and concise manner.
Ability to plan manage and prioritize multiple responsibilities while meeting tight deadlines.
Advanced analytical and problem solving skills with the ability to work with large amounts of data and be forthcoming with solutions.
Well-developed interpersonal organizational and negotiation skills.
Strong skills with MS Office products particularly Excel Access and PowerPoint.
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):
Sans ObjetRequired Experience:
Senior Manager