Senior Manager, CDN Funds Transfer Pricing - Business Advisory

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$115,600 - $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 Department Overview The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's: non-trading market risk, liquidity risk and capital position.

The Canadian Funds Transfer Pricing and Business Advisory (FTP BA) team within TBSM supports the Bank's Product Profitability and Product Management through:

Defining the Funds Transfer Pricing methodologies and frameworks used in evaluating the margins and NII performance of the Bank's various products

Setting the Funds Transfer Pricing rates which drive product pricing and margin measurement

Working with TD's various Deposit and Lending Product Businesses to support effective product pricing and providing Treasury centric advice

Understanding the risks of each product and developing methodology to reflect those risks in pricing

Understanding business profitability drivers and recommending strategies to achieve stable and predictable margins.

Overview of Responsibilities

The Senior Manager, CDN Funds Transfer Pricing and Business Advisory (FTP) is accountable for supporting all of TD's CDN Commercial Banking products for Treasury.

The role works extensively with Product Managers and Finance groups to explain FTP results and Treasury's impacts on the Business

Analyzing product performance and product trends to ensure Treasury's product management and FTP measurements remain appropriate.

Enhancing Treasury's transfer pricing practices and generating solutions to optimize the bank's NII.

Key Responsibilities of this position include

Responsible for FTP assumptions and methodologies for TD's Deposit and Lending products

Acting as a department subject matter expert and specialist for CDN deposit and lending products. Ensuring these products features and financial risks are well understood.

Ensure the practices of Treasury and FTP are understood by the businesses in relatable, meaningful and practical terms.

Work with TD's Product Managers to support new product initiatives, business changes and pricing initiatives.

Lead initiatives to improve FTP practices, product risk measurement and hedging.

Provide timely updates to Senior Management of significant developments in TD's margins, NII and product trends.

Developing a strong understanding of Treasury and Risk Management concepts and how they relate to the Bank's products.

Develop positive working relationships with business partners and project stakeholders (i.e. segment CFOs, Product Owners, TBSM executives and leaders in Finance and Risk)

Foster a motivated and engaging work environment focused on developing the team and the group's capabilities.

Specific Educational Requirements

Post-secondary degree in a related field (ex. Finance, Business, Economics, etc.)

MBA, CPA, CFA considered an asset

Qualifications Familiarity with

The features and characteristics of retail banking products.

Funds Transfer Pricing (FTP) concepts and their application to personal and commercial, Loan and Deposit products.

Principles of treasury risk management pillars: market & interest rate risk, funding & liquidity risk, as well as capital management.

This position requires a highly results-oriented individual who has

Experience in finance/accounting, bank treasury, capital markets or other relevant experiences

Post-secondary degree in Finance and/or Economics

Valued designations: CPA, FRM, CFA, MBA

Experience with

Relating complex financial concepts in terms understandable to all audiences

Intuitive understanding of how capital markets function

Capital markets concepts: Fair valuing securities, yield curves, financial product features, ALM hedging techniques/strategies, and wholesale bank funding programs.

Financial and statistical analysis

Competencies and Personal Qualities

Excellent interpersonal and communication skills

Strong organizational and prioritization abilities to help support managing many different and competing requirements

Ability to teach skills and concepts to colleagues and staff

Demonstrated strong analytical abilities

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 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.

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 assist in unlocking future opportunities.

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.

Language Requirement (Quebec only) Sans Objet

Where to Apply We look forward to hearing from you!

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