Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD General

Pay Details:

$108,800 - $163,200 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:

Job Description / Accountabilities:            
Reporting to the AVP, Enterprise Capital Management (ECM), the Senior Manager will primarily be responsible for leading Enterprise capital policy development and contingency planning initiatives, and other activities related to the overall mandate of the team. The key responsibilities will include the following:

Develop capital management policies and frameworks, ensuring appropriate incentives are set for efficient use of the Bank's capital resources and promoting accountability for capital usage.

Maintain the Bank's capital allocation guideline, ensuring that capital can dynamically be attributed to capital consumers and aligning incentives.

Conduct capital adequacy assessments to support senior executive and committee comfort with the calibration of internal capital ratio target setting.

Monitor compliance with regulatory capital limits and processes, as outlined in relevant capital management policies.   Work with segment CFOs to identify actions to manage capital targets within limits as appropriate.

Support ECM's crisis management planning by developing and enhancing the Bank's Capital Contingency Plan process and ECM's contributions to the Bank's Recovery and Resolution Planning requirements, including plan updates, testing, and responding to regulatory feedback. 

Develop and size potential options to manage the trajectory of capital in both stress and BAU conditions.

Manage capital distribution, issuance, and redemption processes in accordance with regulatory capital requirements and internal governance standards.

Lead various capital reporting requirements, including certain quarterly external disclosure reporting and internal risk dashboards related to capital results.

Support regular and ad-hoc capital related inquiries from regulators and other stakeholders.

Act as a key point of contact for the team to support various internal programs

Conduct periodic industry benchmarking to keep informed of best practices related to capital management

Manage relationships with various stakeholders (including Segment Finance, Risk Management, and other areas within Treasury) to ensure consistent application and understanding of capital policies and guidelines.

Keep abreast of emerging issues, industry trends, and evolving regulatory requirements and assess potential impacts to various products and strategies employed by the Bank.

Department Overview

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD’s consolidated non-trading market risk, funds transfer pricing measurement framework, funding strategies and liquidity risk, and capital position.

Enterprise Capital Management (ECM), within TBSM, is responsible for managing the bank’s capital adequacy and efficiency; capital allocation methodology; oversight on subsidiary capital management; coordinating regulatory advocacy; developing and reporting on the banks internal capital adequacy assessment process; supporting the analysis of corporate development opportunities; and forecasting and analyzing TDBG’s consolidated regulatory capital requirements

Job Requirements

Qualifications / Skills / Experience:                       
Knowledge or experience in the following areas is considered necessary:

Experience in Capital Management, Treasury, and/or Governance. Previous experience with governance, policy, resolution planning or capital is considered an asset.

Strong knowledge and understanding of financial services industry and TD's balance sheet and businesses.

An independent thinker with strong critical-thinking skills and the ability to solve complex issues.

Ability to mobilize the organization and work across functions with various stakeholders to deliver results.

Familiarity with financial reporting concepts, accounting standards, and risk management concepts and practices.

Strong communication skills (verbal and written), with the ability to synthesis thoughts in a clear and concise manner.

Ability to plan, manage and prioritize multiple responsibilities while meeting tight deadlines.

Advanced analytical and problem solving skills, with the ability to work with large amounts of data and be forthcoming with solutions.

Well-developed interpersonal, organizational, and negotiation skills.

Strong skills with MS Office products, particularly Excel, Access and PowerPoint.

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