Director, Finance NYB Regulatory Reporting

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:

Overview

TD Securities US Finance is a part of the wider TD Securities Finance group as one of the three regional finance groups for the Wholesale Banking segment of TD Bank Group it has a key role in the USA providing support in financial management liquidity and regulatory addition by its nature as a primary control and support group in the region TDS Finance USA provides business information supporting projects and initiatives often as the liaison with the other groups and segments both in the US and Canada but also with the other regions (UK and Singapore).

Specific Accountabilities Include:

Lead the regulatory deliverables associated with NY Branch for submission to FRB US Treasury BEA etc.

• Lead dialogue with FinOps & Financial Control business partners to understand changes in accounting and financial results.

• Partner with Specialty Accounting to review US GAAP implications and ensure proper reporting of transactions for FFIEC 002

• Ensure alignment with Enterprise Governance standards related tasks/mandate

• Understanding data architecture and GL systems/pipelines to remediate gaps and make process improvements to regulatory reporting filings

• Manage a team of 3 on issue resolution based on strong understanding of data attributes accounting standards regulatory rules and production steps.

• Having a technology savvy approach to action process improvements and automate legacy processes including the use of tools such as Alteryx PowerBi etc.

• Review data elements based on Global Chart of Accounts composition and trace accounting codes to product/business origin to check if regulatory mapping is fit for purpose.

• Keep current on regulatory rule requirements and any internal business changes (e.g. new businesses or product launched) and assesses downstream impacts to the regulatory reports.

• Ensure strong data/process governance and key controls that are pushed down by Compliance are implemented within reports

• Lead the alignment of current regulatory reporting processes with new processes as entities merge and systems integrate to ensure integrity of the regulatory reports being filed.

• Continuously develop strong understanding of best practices from regulatory supervisors.

• Escalate timely to executive management of errors gaps data quality issues control breaks key risk indicators etc.

• Support key departmental projects and initiatives executes on ad hoc deliverable requests related to audit compliance examinations etc.

Specific Requirements / Accreditations:

• Bachelor degree in Business/Accounting/Financial Management with accounting designation preferred.

• 5 years of financial services experience preferably in capital markets.

• Proven analytical skills and sound judgment in a dynamic business environment.

• The ability to translate high volumes of /complex reporting requirements and data into simple consistent and sustainable processes.

• Strong sense of process and data governance and strong attention to detail.

• Highly motivated individual with a proven track record to deliver results.

• A fluid intuitive and logical thinker with a high level of curiosity to learn and interest in determining and implementing process improvements.

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

• Understanding of Wholesale Banking/Capital Markets businesses products and associated balance sheet and P&L

• Collaborative team player with ability to work individually.

• Advanced Excel and MS Access skills required and/or Alteryx skills/knowledge a plus.

• Demonstrates the ability to manage up as well as laterally with business partners.

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

• Ability to independently close out on issues and execute results based on prioritization and current needs.

• Ability to welcome new ideas and from team members and encourage opportunities to create efficiencies and change.

The Director Specialized Finance Group Manager TDS manages a team of Finance professionals and related processes and activities for a specialized area operational unit centre of expertise or finance discipline.

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

• Oversee and lead a large and/or highly complex and diverse reporting function for an area of significant risk complexity or scope while growing talent developing skills and capabilities to achieve career goals support project / initiative success and achieve business results

• Provides coaching mentorship and guidance to practitioners business executives within area of expertise

• Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices

• Provides coaching mentorship and guidance to practitioners business executives within area of expertise

• Strategic partner to leadership team on the management of the portfolio and financials with deep industry external / internal enterprise knowledge recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas

• Facilitates key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)

• Sets operational team direction and collaborate with others to execute on common goals

• Focus on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Undergraduate degree and/or

• 10 years of relevant experience preferred

• Accounting or financial designation preferred

• People Management experience

Customer Accountabilities:

• Develops and maintains good relationships with key business / finance partners and other stakeholders and effectively communicates relevant / meaningful recommendations on a range of specialized finance management issues or related operational processes

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

• Acts as subject matter expert 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 restructuring 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. Participates on internal / external committees as appropriate to provide advice / counsel to business / finance partners and/or represent TDs interests

Shareholder Accountabilities:

• Works closely with key business leaders to achieve business objectives ensuring the optimal use of resources and leverages TDs operating model to maximize efficiency effectiveness and scale

• Plans and executes on strategic activities reviews and communicates results and adjust tactics accordingly

• Executes on the annual business plan to deliver results aligned with business strategies

• Manages overall budget revenue and expenditures meets business objectives while increasing efficiency and effectiveness

• Proactively identifies key business opportunities researches 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

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

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

• Ensures employees 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 maximizes 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 creates opportunities to collaborate with other functions and teams

• Leads your team through change and create 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

• 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 strive to make every interaction product and experience remarkably human and refreshingly simple. 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.

Together we are reimagining what banking can be for our clients colleagues and communities.

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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

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.