Senior Manager, CDN Funds Transfer Pricing Business Advisory

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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

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Banks: non-trading market risk liquidity risk and capital position.

The Canadian Funds Transfer Pricing and Business Advisory (FTP BA) team within TBSM supports the Banks Product Profitability and Product Management through:

• Defining the Funds Transfer Pricing methodologies and frameworks used in evaluating the margins and NII performance of the Banks various products
• Setting the Funds Transfer Pricing rates which drive product pricing and margin measurement
• Working with TDs various Deposit and Lending Product Businesses to support effective product pricing and providing Treasury centric advice
• Understanding the risks of each product and developing methodology to reflect those risks in pricing
• Understanding business profitability drivers and recommending strategies to achieve stable and predictable margins.

Overview of Responsibilities

• The Senior Manager CDN Funds Transfer Pricing and Business Advisory (FTP) is accountable for supporting all of TDs CDN Commercial Banking products for Treasury.
• The role works extensively with Product Managers and Finance groups to explain FTP results and Treasurys impacts on the Business
• Analyzing product performance and product trends to ensure Treasurys product management and FTP measurements remain appropriate.
• Enhancing Treasurys transfer pricing practices and generating solutions to optimize the banks NII.

Key Responsibilities of this position include:

• Responsible for FTP assumptions and methodologies for TDs Deposit and Lending products
• Acting as a department subject matter expert and specialist for CDN deposit and lending products. Ensuring these products features and financial risks are well understood.
• Ensure the practices of Treasury and FTP are understood by the businesses in relatable meaningful and practical terms.
• Work with TDs Product Managers to support new product initiatives business changes and pricing initiatives.
• Lead initiatives to improve FTP practices product risk measurement and hedging.
• Provide timely updates to Senior Management of significant developments in TDs margins NII and product trends.
• Developing a strong understanding of Treasury and Risk Management concepts and how they relate to the Banks products.
• Develop positive working relationships with business partners and project stakeholders (i.e. segment CFOs Product Owners TBSM executives and leaders in Finance and Risk)
• Foster a motivated and engaging work environment focused on developing the team and the groups capabilities.

Specific Educational Requirements:

• Post-secondary degree in a related field (ex. Finance Business Economics etc.)
• MBA CPA CFA considered an asset

Qualifications:

Familiarity with:

• The features and characteristics of retail banking products.
• Funds Transfer Pricing (FTP) concepts and their application to personal and commercial Loan and Deposit products.
• Principles of treasury risk management pillars: market & interest rate risk funding & liquidity risk as well as capital management.

This position requires a highly results-oriented individual who has:

• Experience in finance/accounting bank treasury capital markets or other relevant experiences
• Post-secondary degree in Finance and/or Economics
• Valued designations: CPA FRM CFA MBA

Experience with:

• Relating complex financial concepts in terms understandable to all audiences
• Intuitive understanding of how capital markets function
• Capital markets concepts: Fair valuing securities yield curves financial product features ALM hedging techniques/strategies and wholesale bank funding programs.
• Financial and statistical analysis

Competencies and Personal Qualities:

• Excellent interpersonal and communication skills
• Strong organizational and prioritization abilities to help support managing many different and competing requirements
• Ability to teach skills and concepts to colleagues and staff
• Demonstrated strong analytical abilities

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line

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 strive to make every interaction product and experience remarkably human and refreshingly simple for 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 foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. 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 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.

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
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):