Associate Vice President, Finance, Branch Banking & North American Customer Operations

TD Bank

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profile Job Location:

Toronto - Canada

profile Monthly Salary: $ 145000 - 200000
Posted on: 20 hours ago
Vacancies: 1 Vacancy

Job Summary

Work Location:

Toronto Ontario Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$145000 - $200000 CAD

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:

The Associate Vice President Finance Branch Banking and North American Customer Operations (NACO) reports to the Vice President Finance Canadian Personal Bank and is responsible for leading a dedicated team in Finance professionals responsible for Finance measurement analysis and decision support.

Associate Vice Presidents (AVP) at TD Bank Financial Group are strategic responsible and accountable members of the Banks leadership team. Collectively these roles contribute significantly to the overall reputation of TD as an excellent investment a highly customer focused organization a top employer and an exemplary corporate citizen. Executives set the ethical organizational and performance standard for the teams they lead and exemplify how an effective performance and development culture functions day to day. An AVP is expected to guide his/her team collaborating as appropriate with TD partners to deliver superior results in both the short and long term.

In doing so they are expected to role model TDs leadership profile by making an impact building for the future inspiring the will to win working effectively in teams living transparency showing excellent judgment and demonstrating unwavering integrity. VP roles therefore require:

  • People leadership knowing how to lead high performing teams communicating well and taking the time to coach and develop others.

  • Organizational awareness knowing how to engage the organization to get things done deal with complex change and enhance TDs brand.

  • Business acumen understanding his/her business from the ground up and the key levers that will deliver superior results.

  • Strategic insight having a compelling vision and engaging others in achieving it providing thought leadership and constantly striving to find new ways to do things better.

POSITION SPECIFIC ACCOUNTABILITIES

This role provides senior financial and operational thought leadership to the Canadian Branch Banking and NACO Businesses as well as leads financial productivity for the Canadian Personal Bank. In addition to the business partners the team works closely with a range of partners including Marketing Data & Analytics Treasury ESDS Segment Finance Chief Accountants department tax andFinancial Operations. Reporting to this role is a team of finance professionals.

Finance and Business Leadership Accountabilities:

The AVP performs the role of business advisor while providing constructive and effective challenge to multiple initiatives for both Branch Banking and NACO. The AVP works closely with the EVP Branch Banking and EVP NACO as well as their executive and leadership role includes oversight of:

  • Financial planning reporting and forecasting and presenting results to each businesses Executive leadership team on a regular basis (VPs as well as the EVP)

  • Business advisory and ad hoc support:

    • Proactively identify financial opportunities risks and solutions.

    • Review of financial and strategic benefits of various business development and growth initiatives such as potential partnerships.

    • Advise on P&L optimization opportunities including rewards points liabilities payment network commitments expense management and productivity.

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

    • Provide direction on allocation methodology and insights on impacts to Finance and Business segments.

    • Oversee financial reporting signoff and engaging in appropriate audit engagements including advising on accounting policy implications.

Unit Costing to drive operational efficiency and omni-channel optimization:

  • Leads the design of unit costing framework across Branch / retail distribution network NACO and operations.

  • Operationalize net-new capabilities including Cost per Service / transaction and cost per Sale across Branch and Phone channels.

  • Establish new benchmarks for efficiency enabling expense reduction.

  • Influence and advise on omni-channel sales and servicing strategy to optimize cost base such as what shift sales/servicing activities to lower cost channels.

  • Drive customer experience leadership position by using unit costing outputs to identify prioritize and monitor progress in simplifying steps required for sales and servicing transactions.

Specific Educational Requirements / Accreditations

  • CA/CMA/CGA/MBA/CFA would be an asset.

Additional Skills / Experience

  • A finance executive / top level professional with broad range of financial management and advisory experience with extensive understanding of the business and key financial drivers.

  • Possess advance level of expertise and financial acumen to provide insight on strategy development and be a strategic partner to the business on a broad range of financial matters.

  • Balanced approach ability to stay resilient under pressure.

  • People leadership is key element to this role both the ability to effectively work in teams across the bank with multiple stakeholders influence and align others.

  • Proven ability to manage a diverse group of professionals is critical to success in this role.

  • Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities.

  • Confident presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with business and senior management at all levels.

  • Excellent analytical skills in assessing finance / market and business issues and exceptional communication skills (written and verbal)

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 Objet

Required Experience:

Exec

Work Location:Toronto Ontario CanadaHours:37.5Line of Business:FinancePay Details:$145000 - $200000 CADTD 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...
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Key Skills

  • Forecasting
  • Financial Services
  • GAAP
  • Accounting
  • IFRS
  • Regulatory Reporting
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Report Interpretation
  • Financial Management
  • Financial Planning

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