Senior Manager, Enterprise Capital Management

Job title:

Senior Manager, Enterprise Capital Management

Company

TD Bank

Job description

Company Overview

Our Values
At TD we’re guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Making Your Well-being a Priority
A supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars – physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they’re more likely to do their best.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their 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 including medical, dental, vision & mental health coverage, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

How We Work
At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: Hybrid, Onsite and Primarily Remote. Wherever our colleagues are working, they’ll always have access to the TD community and experience our culture of care.

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. 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.

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

This role contributes directly to the Bank’s results by providing advice on the capital impacts of line of business and Bank initiatives, and recommends performance management practices which support efficient and effective capital usage.

Job Requirements

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

• Strong knowledge and understanding of financial services industry. Previous experience with regulatory rule interpretations or capital experience is considered an asset.
• Experience in Capital Management and/or Credit/Market risk Management, Treasury, and/or Analytics.
• Specialized knowledge of securitization, trading and lending products may be required.
• 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 synthesize 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.

Hours

37.5

Job Details

Reporting to the AVP, Enterprise Capital Management, the Senior Manager will primarily be responsible for driving capital optimization initiatives and providing meaningful analysis/insights to influence business behaviour, strategic decision making and optimal balance sheet usage. The key responsibilities will include the following:

• Support the AVP, ECM in identifying and leading the execution of opportunities to improve capital efficiency across the organization
• Enhance reporting on capital and performance metrics to support senior business leaders in making informed decisions on capital utilization
• Support the ongoing review of capital interpretations to ensure appropriate application of the rules and continued compliance
• Provide advice on the interpretation of pending/new and existing regulatory capital rules, as it relates to all lines of business and jurisdictions across the organization
• Proactively assess capital optimization opportunities on an on-going basis, by engaging with internal teams and staying abreast with the market
• Manage relationships with various stakeholders (including Segment Finance, Risk Management, and other areas within Treasury) to ensure consistent application and understanding of regulatory capital guidelines
• Support governance and identification of risks related to regulatory capital requirements
• Support regular and ad-hoc capital reporting and requirements from regulators and senior management
• Prepare presentations for the consumption of Senior Management, Executives and the Board of Directors
• Maintain a good understanding both of the financial markets in general and the various products and strategies employed by the Bank.
• Represent the Bank with industry and regulators on capital issues through participation on industry and regulatory committees and bi-lateral discussions, as appropriate

Workplace Model

Hybrid

Inclusiveness

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

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.

How We’re Helping Make an Impact in Communities
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

We look forward to hearing from you!

Business Line

Corporate

Job Category – Primary

Finance / Accounting

Job Category(s)

Finance / Accounting

Job Family

General

Time Type

Full Time

Employment Type

Regular

Pay Details

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with your recruiter and ask compensation related questions, including pay details for this role.

Careers Web Site Cities

Canada-Ontario-Toronto

Expected salary

Location

Toronto, ON

Job date

Thu, 29 Feb 2024 05:20:07 GMT

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