Director, Liquidity Product Management

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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

TD has embarked on a multi-year digital transformation and expansion of GTBs product suite to position the transaction bank as a leading North American cash management provider enabling significant business growth across the franchise.

The centralized Product Management organization will serve a critical role in TDs ability to develop leading products and capabilities by enabling greater scale capacity quality and efficiency for our Transaction Banking businesses across Canada and US. It will deliver product strategy product development and go-to-market approaches for the entire Transaction Banking business. Product-related decisions will be made once implemented once and leveraged by all three businesses.

Role Summary

The Director Liquidity Product Management is a critical role responsible for defining and executing the strategic roadmap for the Product Factorys liquidity product suite including virtual accounts cash concentration notional pooling and investment services. The Director drives product strategy market positioning commercial growth and governance while leading cross-functional initiatives and influencing senior stakeholders.

Key Responsibilities

Strategic Leadership & Product Vision

• Own the strategic roadmap for the Product Factorys liquidity product suite balancing client needs regulatory demands operational capabilities and revenue objectives.
• Drive multi-year product strategy across markets and our three in-scope business segments (Canadian and US Commercial Banking and TD Securities) with a focus on competitive differentiation and scalable innovation.
• Champion strategic initiatives at senior forums influencing executive stakeholders and steering cross-functional decision-making.

End-to-End Product Ownership

• Lead the full product lifecycle across ideation design development prioritization commercialization and ongoing optimization.
• Oversee investment planning business cases and budget alignment for product enhancements and new builds.
• Ensure the delivery of complex product initiatives partnering across technology operations globally.

Market Research & Opportunity Development

• Conduct and direct advanced market research to identify new growth opportunities and emerging trends in liquidity and treasury management.
• Evaluate strategic partnerships industry shifts and regulatory changes that impact the product landscape.

Commercialization & Performance Management

• Drive commercialization strategy in partnership with sales and relationship teams to accelerate adoption and deepen wallet share.
• Establish and track product-level KPIs financial performance and client satisfaction metrics; lead remediation or enhancement programs when necessary.
• Own pricing strategy and profitability management for the liquidity product portfolio.

Subject Matter Expertise & Governance

• Serve as a senior SME across liquidity solutions including virtual accounts notional pooling cash concentration sweep structures and intraday liquidity.
• Ensure rigorous product governance regulatory adherence and risk management across all offerings.
• Lead audit and regulatory engagement relating to the liquidity product suite.

Leadership & Enablement

• Mentor and guide junior product managers promoting best practices in product discipline analysis and stakeholder management.
• Lead internal and external product education efforts including executive-level presentations and thought leadership.

Qualifications

• 8 years of hands-on experience in liquidity product management treasury services or transaction banking with significant ownership of strategic product portfolios
• Deep expertise across liquidity solutions including cash concentration notional pooling virtual accounts intraday liquidity sweeps and investment services
• Proven track record in developing multi-year product strategies driving commercialization and delivering complex product enhancements at scale
• Demonstrated ability to influence and lead cross-functional partners at senior levels including technology operations risk finance and compliance
• Strong financial acumen including proficiency in business case development pricing strategy product-level P*L management and KPI governance
• Experience representing products in regulatory audit and risk management forums
• Strong leadership skills with the ability to coach and mentor junior product managers and contribute to broader product organization development
• Exceptional communication skills including executive-level presentations client discussions and thought leadership
• Bachelors degree; MBA or similar advance degree preferred

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 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):