Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$65,600 - $98,400 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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 candidate's 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 Compensation team, within TD Securities Finance, is responsible for the management reporting of compensation related matters for the Wholesale Bank and its Regional Offices (e.g. the U.S., Europe and Asia), developing related presentations, financial planning and providing research and analysis support for our business partners.

This role is reporting into the Senior Manager, Compensation, TD Securities Finance, and will be responsible for the reporting of compensation related matters, advice and analysis. 

Job Details

Lead the production i.e. end-to-end process of booking entries for Wholesale Banking variable compensation accruals with a focus on highlighting key drivers of results and ongoing impacts driving changes to the business.

Serve as a first point of contact to stakeholders for commentaries, supporting documentation, and team administrative requests.  

Understand and revise the single rate funding model to determine variable compensation pool for monthly accruals, plan and forecast cycles.

Liaise with our finance and HR partners to gather relevant information to understand and prepare relevant financial commentary.

Perform G/L reconciliations and attest to the variable compensation, severance and restructuring string balances.

Process ad-hoc requests and implement updates to legacy processes.

Identify innovative ideas to improve the efficiency and effectiveness of the team's processes and participate in the remediation efforts in streamlining account attestation processes.

Continuously develop value added management reporting and build a fundamental understanding of business strategies and the impacts and drivers of financial results for TD Securities.

Role Requirements

Ability to develop and maintain good relationships with key business and finance partners, and other stakeholders, and effectively communicate relevant / meaningful recommendations to senior management.

Strong analytical and financial modelling capabilities required to understand and interpret financial results.

Excellent interpersonal and communication skills, both verbal and written.

Strong organizational, prioritization, and time management skills to meet deadlines with the ability to multi-task and work independently.

You are required to demonstrate governance, control and risk management behaviors in alignment with TD policies and practices.

Education/ Other Qualifications

Undergraduate degree

3+ years relevant experience

Accounting or industry specific designation is preferred (i.e. CA, CMA, CGA, CFA, MBA)

High level proficiency in Excel, Word, and PowerPoint

Understanding of the Bank’s management and financial reporting processes

Knowledge of the Bank’s financial reporting system (i.e. Hyperion and prior experience in running Hyperion queries is preferred)

Who We Are:

TD is one of the world's 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 95,000 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 you’ve 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, we’re 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:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re 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 you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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 we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll 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 you’d 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