Mid-Level
Treasury Manager, Wholesale Liquidity Risk Management
Work Location: Toronto, Ontario, Canada
Hours: 37.5
Line of Business: Finance
Pay Details: $96,900 - $136,800 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:
Department Overview
Treasury and Balance Sheet Management ('TBSM') manages TD Bank's Canadian and US P&C's non-trading market risk, consolidated liquidity risk (trading and non-trading), and capital positions. In addition, TBSM operates the Bank's funding, securitization, and capital management programs.
The Liquidity Risk Management ('LRM') group’s mandate within TBSM is to manage the Bank's liquidity position for the Retail Bank (Canada) and Wholesale Bank (TD Securities, 'TDS') in accordance with the global liquidity risk management frameworks and policies. Delivering on this mandate involves measuring and managing changes in TD's Retail and Wholesale Bank cash flows, liquidity levels, collateral pledging requirements, wholesale funding profile, and future needs - under normal and stressed conditions - relative to approved limits and the emerging global / regional regulatory liquidity standards.
The Manager, Wholesale Liquidity Risk Management, is an exciting opportunity to engage in the Bank's Liquidity Risk Management paradigms and apply it to the Wholesale Banking Business. The role offers an avenue to enhance knowledge of the TD Securities Wholesale Business, the financial products and balance sheets of the underlying businesses, along with the measurement and management of the liquidity risks inherent.
Job Description:
The Manager, Wholesale Liquidity Risk Management, is a key member of the Wholesale Liquidity Risk team working to advise, forecast, and manage the complex liquidity needs of TD Securities with a focus on risk assessment and advanced analytics, including forecasting.
Job Responsibilities:
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Actively participate and contribute to a team of finance and risk professionals responsible for TD Securities' liquidity risk management to ensure there are sufficient liquidity reserves to meet the needs of both regulatory and internal liquidity metrics.
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Support the Senior Treasury Manager in managing and maintaining a robust forecasting process in support of the management and instructions of the Wholesale Bank's liquidity needs, including Liquidity Coverage Ratio (LCR), Net Cumulative Cashflows (NCCF), Net Stable Funding Ratio (NSFR), and internal requirements.
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Work with various partners across TDS and the Bank to ensure the current liquidity position liquidity outlook and related balance sheet recommendations are clear and well understood.
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Be a key advisor on the liquidity position to ensure that TDS businesses have actional insights and recommendations that could mitigate liquidity risk while achieving business line objectives.
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Provide insights and analysis to continuously improve the Bank liquidity management and to advise senior management.
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Support the Senior Treasury Manager on important liquidity initiatives, including annual policy reviews, regulatory inquiries, and ad hoc funding and liquidity analyses.
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Ensure that appropriate policies, procedures, and accountabilities are documented and followed to maintain an effective and well-controlled process.
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Collaborate closely with other Wholesale Liquidity pillars, including 'Assumptions & Methodologies' and 'Liquidity Applications & Implementations', to ensure successful management of new products/ assumptions implementations or technology changes.
Job Requirements:
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Demonstrated Experience – Experience in Treasury, Capital Markets, Liquidity Risk Management, and/or Finance/Accounting
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Strong Analytical and Critical Thinking Abilities – Well developed analytical skills, comfortable dealing with complex business situations.
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Aptitude for Problem Solving – The ability to navigate and solve ambiguous and unstructured problems.
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Excellent Stakeholder Management – Fostering an open dialogue and a positive working relationship with key stakeholders across the organization.
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Effective Communication – Ability to relate complex financial concepts in terms understandable to all audiences.
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Strong Organization and Ability to Prioritize – Ability to effectively manage multiple works-streams, ensuring focus on deliverables of highest prioritization.
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Operational Excellence – Strong skills in process development, efficiency and control enhancements. This includes building and improving operational processes with technology partners.
Education & Experience Requirements:
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3-5 years of experience in related fields of finance, accounting, bank treasury, capital markets.
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Post-secondary degree in Finance, Business, Risk and/or Economics.
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Valued designations: CPA, FRM, CFA, MBA
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Prior knowledge of trading and wholesale banking products and businesses will be preferred.
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 world's 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 95,000 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: 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.
If you’re 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.
We're 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 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
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