Director – US Cost Management

Work Location:

Hours:

Line of Business:

Pay Detail:

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:

Director US Cost Management

Job Description

This Director Cost Manager is a key member of the TDS US Finance Team. The role is a newly created role focused on cost management to support profitability efficiency and long-term growth.

Strategic:

• Support US business performance targets and responsible for partnering on financial planning & forecasting reporting and Plan as it relates to Cost (expense) lines in the chart of accounting.

• Provide analytics to drive segment discussions including TDS Senior Executive Team (SET) presentation materials as well as external/public storytelling of the Segment.

• Monthly Board Reporting for the US Region relating to details on expense analytics and commentary.

• Coordination with partners to ensure proper analysis challenge and oversight of regional reporting

• Analysis of booking models & impacts on business line reporting

• Business advisory and ad hoc support

• Proactively identify cost opportunities analyze data on material components of spend and provide constructive options to find efficiencies and savings enabling business decisions and management actions

• Telling the financial cost story linking the strategic priorities and accomplishments of the group while providing value-added advice to gain financial efficiencies while optimizing group effectiveness

Planning Analysis and Insights:

Performance measurement reporting and metrics to improve transparency and establish cost management strategies (targets). Clear effective and timely reporting.

• Provide input into the budgeting and forecasting process to ensure cost assumption are accurate and realistic

• Monitor actual vs forecasted costs and flag variances

• Function as the cost management expert and lead on Finance change projects to improve systems processes and outputs that relate to cost management

• Manage the Performance Measurements and Insights organization (people expenses other stakeholders including internal and external partners (e.g. regulators auditors)

• Analyze financial data and prepare reports on cost variances identifying areas for improvement and recommending corrective actions.

• Provide training and support to staff on cost control procedures and best practices.

• Monitor and report on market trends and pricing strategies to help guide decisions.

• Collaborate with cross-functional teams to achieve targets while managing costs effectively.

Education & Experience:

• Bachelors degree

• Excellent oral and written communication skills

• 10 years of Finance experience at a global financial institution.

• Excellent interpersonal organizational and leadership skills.

• Client service skills the candidate must demonstrate the judgment and ability to closely partner with and advise senior and line managers and other stakeholders on cost management

• Strong analytical skills attention to detail solid judgment and the ability to evaluate complex regulatory business issues.

• Advanced project management skills and ability to manage multiple work streams involving different partners and groups with limited oversight and direction.

• Ability to thrive in a fast-paced deadline-driven environment including by demonstrating excellent time management and planning skills along with the ability to handle multiple assignments at the same time.

• Ability to interact effectively with all levels of the organization and to collaborate with various teams.

• A relationship builder with the ability to establish develop and maintain effective working relationships with regulators and with business and functional partners at the firm.

• Proficient in Word Excel and PowerPoint

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional

• International Travel Occasional

• Performing sedentary work Continuous

• Performing multiple tasks Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds Occasional

• Sitting Continuous

• Standing Occasional

• Walking Occasional

• Moving safely in confined spaces Occasional

• Lifting/Carrying (under 25 lbs.) Occasional

• Lifting/Carrying (over 25 lbs.) Never

• Squatting Occasional

• Bending Occasional

• Kneeling Never

• Crawling Never

• Climbing Never

• Reaching overhead Never

• Reaching forward Occasional

• Pushing Never

• Pulling Never

• Twisting Never

• Concentrating for long periods of time Continuous

• Applying common sense to deal with problems involving standardized situations Continuous

• Reading writing and comprehending instructions Continuous

• Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

The Director - Finance Group Manager TDS oversees a team of Business Finance professional roles that provide strategic financial analysis insights decision support and/or reporting results and/or provide guidance and advice to various internal and external stakeholders.

Depth & Scope:

• Provides people management leadership by hiring the best talent setting goals developing staff managing employee performance and compensation decisions promoting teamwork and handling any/all disciplinary actions as required

• Oversees a team of Finance professionals for key business segments or a significantly large part of the organization

• Requires in-depth shareholder and/or broad financial and business perspective

• Scope may include integration of activities and Finance support for several key business lines

• Focuses on longer-range issues dealing with and solving highly sensitive confidential and/or multifaceted and complex financial management issues

• Primary interface and high level resource to Business leaders on financial performance measures/business objectives/goals

• Integrates knowledge of the enterprise functions or business segments overarching strategy in leading program design policy formulation or operating standards within one or more areas of expertise

• Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product technical functional or operations improvements

Education & Experience:

• Undergraduate degree

• 10 years of relevant experience

• Accounting or financial designation preferred

• People Management experience

Customer Accountabilities:

• Develops and maintains good relationships with internal Finance business/specialized Finance partners and other stakeholders

• Effectively communicates relevant/meaningful recommendations on a range of finance management issues or related operational processes to all levels within the organization

• Ensures team collaboration with partners on business problems/issues and provides fact-based analytical advice that aligns to strategy and drives shareholder value

• Liaises and effectively interacts with internal/external auditors/regulators where applicable and ensures appropriate action is taken where required

• Acts as subject matter expert as practice resource lead for own area and provides guidance/advice and recommendations to support dealings with internal/external partners

• Contributes to the analysis due diligence and execution of potential business restructures acquisitions joint ventures and/or divestitures within own area of responsibility and ensures appropriate Finance areas are involved where necessary

• Develops and/or assesses significant business cases/new initiatives applying expertise and ensuring criteria for own area are met (e.g. taxation accounting practices forecasted rates of return evaluate outcomes test assumptions interface with others for appropriate input identify benchmarks)

• Manages/coordinates client requests for finance support and/or reports ensuring that solutions balance and address business partner needs with overall Finance capabilities

• Provides range of strategic support through teams assigned on portfolios/journeys and provides relevant Finance insights/expertise and guidance to the program

• Participates on internal/external committees as appropriate to provide advice/counsel to business/finance partners and/or represent TDs interests

Shareholder Accountabilities:

• Plans resources and executes on strategic resourcing/professional practice related activities reviews and communicates team results and adjusts methodologies/curriculum accordingly

• Leads/supports the execution on the annual business plan to deliver results aligned with internal and/or partner business strategy

• Manages overall budget revenue and expenditures to help meet business objectives while increasing efficiency and effectiveness

• Leverages data systems and various sources to ensure team is equipped to formulate well defined solutions to solve business problems

• Proactively identifies key business opportunities research and recommends enhancements/modifications develops strategies to achieve recommendations and works closely with team to execute and implement

• Monitors and communicates the effectiveness of strategies programs and practices related to own area of expertise

• Protects the interests of the organization identifies and manages risks and escalates non-standard high risk transactions/activities as necessary

• Identifies/recommends/supports the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues

• Keeps abreast of emerging issues trends and evolving regulatory requirements and assesses potential impacts

• Maintains a culture of risk based management and control supported by effective processes in alignment with risk appetite

• Ensures colleagues are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee/Team Accountabilities:

• Cultivates and models the Colleague Promise to support colleague growth and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well being to represent TDs brand

• Connects the alignment of colleagues contributions with the TD Shared Commitments

• Builds and retains an engaged and diverse team that embraces diversity of thought creativity and curiosity; where every colleague and customer are valued respected and listened to; committed to a common goal and collaborate to move with speed and get things done

• Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity including those from underrepresented communities being actively anti-racist attracting and retaining diverse slate of candidates nurturing mutual respect inclusivity of thought and collaboration to drive successful results

• Sustains identifies strong talent recruits and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome

• Enables colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely feedback motivating appreciation and recognition to all colleagues

• Enables a continuous learning culture by proactively seeking listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership

• Fosters an environment that promotes sharing of knowledge information skills and subject matter expertise among the team; ensures timely management and escalation of issues and create opportunities to collaborate with other functions and teams

• Leads your team through change and creates an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility communicating a compelling vision with clarity and empowering colleagues to drive innovation

• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results

• Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities reinforcing a focus on results that align to One TD

• Fosters a high-performance culture by setting team targets and objectives promoting and facilitating on-going feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results

• Manages employees in compliance with all human resources policies procedures and guidelines of conduct

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional

• International Travel Never

• Performing sedentary work Continuous

• Performing multiple tasks Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds Occasional

• Sitting Continuous

• Standing Occasional

• Walking Occasional

• Moving safely in confined spaces Occasional

• Lifting/Carrying (under 25 lbs.) Occasional

• Lifting/Carrying (over 25 lbs.) Never

• Squatting Occasional

• Bending Occasional

• Kneeling Never

• Crawling Never

• Climbing Never

• Reaching overhead Never

• Reaching forward Occasional

• Pushing Never

• Pulling Never

• Twisting Never

• Concentrating for long periods of time Continuous

• Applying common sense to deal with problems involving standardized situations Continuous

• Reading writing and comprehending instructions Continuous

• Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate government and institutional clients who choose us for our innovation execution and experience. With more than 6500 professionals operating out of 40 cities across the globe we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues providing trusted advice and industry-leading insight extending access to global markets and delivering integrated transaction banking 2023 we acquired Cowen Inc. offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise while growing our strong diversified investment bank. We are growth-oriented people-focused and community-minded. As a team we work to deliver value for our clients every day.

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.