Treasury Manager

TD Bank

Job title:

Treasury Manager

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 Bank’s Canadian and US P&C: non-trading market risk, consolidated liquidity risk and consolidated capital position.

Culture: TBSM prides itself on fostering a culture which focuses on development, open mindedness, sharing team successes, partnerships & value add initiatives. Emphasis is especially placed on developing our people by fostering a teaching culture & valuing diversity.

The Balance Sheet Reporting and Analytics (BSRA) team is a centralized function in the TBSM responsible for completing all reporting and analytics relating to Non-Trading Market Risk (NTMR) and Funds Transfer Pricing (FTP). The NTMR reporting covers the interest rate, foreign exchange, and equity risks of the bank. The team’s mandate includes:

  • Producing timely and accurate risk reporting focused on understanding current market risk exposure and risk limits.
  • Performing analytics to deepen our understanding on market risk and provide valuable insight & recommendations for management decisions.
  • Effectively communicating our results and insights to stakeholders.
  • Building a best-in-class risk reporting infrastructure and governance processes.

Job Requirements

Qualifications:

  • Post-secondary degree
  • MBA, CFA, PMP considered assets

Familiarity with:

  • Principles of asset/liability management, capital markets, and how Treasury deliver value
  • Superior understanding of capital market instruments including bond and interest rate derivatives.
  • Understanding of how balance sheet items evolve over time and react to changes in market conditions.
  • Superior understanding of risk measurement and valuation concepts (cash flow, PV, IRR, duration, convexity, EVE, Net Interest Income Sensitivity etc.).
  • TBSM processes and how they interconnect considered an asset
  • The features and characteristics of retail banking products
  • Market Risk concepts and their application to banking products

Experience with:

  • Coordinating cross functional teams to deliver key initiatives
  • Managing projects, gathering & analyzing business requirements and explaining requirements to system developers
  • Mapping-out/re-engineering processes and workflows, including associated change management
  • Communicating with all levels of the organization, including senior management
  • Simplifying complex concepts and business results in terms understandable by audiences with varied backgrounds & seniority levels

Competencies and Personal Qualities:

  • Excellent interpersonal and communication skills
  • Self-starter with a proven ability to meet deadlines, own initiatives, and work effectively under minimum supervision.
  • Strong conceptual, analytical, and problem-solving capabilities. An ideal candidate is self-driven individual with a strong sense of curiosity, able to assess potential drivers and resolutions when issues rise.
  • Able to multitask while maintaining attention to detail with tight timelines.
  • Quick to learn and apply new concepts
  • Demonstrated strong critical thinking, problem solving and analytical abilities
  • Approach responsibilities with diligence and initiative, taking ownership of issues to ensure successful outcomes, able to work independently with minimal supervision
  • Exceptional organizational skills with an ability to prioritize and manage competing initiatives
  • Challenge the status quo and exhibit a forward-looking mindset to identify enhancement opportunities that are efficient and scalable

Hours

37.5

Job Details

The Treasury Manager will act as the Economic Value Equity (EVE) and Net Interest Income Sensitivity (NIIS) SME in supporting the Balance Sheet Reporting & Analytics (MRMA) business owner and support the implementation of related changes in various projects. The Manager will work extensively with other TBSM functions, project, and technology teams.

Key Responsibilities of this position include:

  • Support regulatory enhancement projects, by providing requirements, reviewing requirements, providing testing support and analysis for all required workstreams:
  • Develop BAU reporting tools, processes for enhanced reporting metrics.
  • Assist reconciliation efforts between various risk measurement platforms
  • Support BAU EVE and NIIS reporting and analytics responsibilities when the need arises.
  • Provide updates on the project and present to all levels of the organization including senior management

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

Treasury & Balance Sheet Mgmt

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

Wed, 24 Jan 2024 01:39:58 GMT

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Job Location