Posted:
9/12/2024, 9:55:23 AM
Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada
Experience Level(s):
Senior
Field(s):
Finance & Banking
Work Location:
CanadaHours:
37.5Line of Business:
FinancePay 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 a member of our HR Team and ask compensation related questions, including pay details for this role.
Job Description:
Department Overview
The TD Securities Capital and Liquidity Management Group is part of the Wholesale Banking Finance group and is accountable for all capital reporting/management and capital project initiatives, as well as providing subject matter expertise in liquidity, funding and balance sheet to TDS businesses to ensure the business is making decisions to optimize the financial resources of the Bank. The group is involved in leading consultations and industry discussions regarding current and upcoming OSFI Capital and Liquidity requirements. It is also responsible for allocation of capital for business line measurement and financial statement disclosures, ownership of Capital and Liquidity Management Frameworks including establishment of limits, ongoing monitoring and escalation, and leading optimization and cost savings initiatives.
The Senior Analyst will be responsible for overseeing OSFI Capital reporting processes, providing support and guidance to capital reporting analysts on ongoing monthly reporting deliverables. The Senior Analyst will also be responsible for managing relationships with the business and stakeholders on key capital initiatives, such as implementation of new products into the OSFI capital calculations and providing meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.
Job Description
Collaborate with other LoBs, technology partners, the business and other relevant stakeholders to ensure OSFI regulatory rules are well understood/interpreted and calculation assumptions accurately capture business rationale.
Support the development and implementation of new financial models, capital treatment, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions. Provide meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.
As the subject matter expert, provide guidance and recommendations to the Business on capital related matters.
Support the execution and onboarding of new products in the TDS capital calculation process to ensure compliance with all existing rules and integration into the capital calculation processes.
Provide accurate and thorough capital impact analysis on new capital initiatives; interpret findings, identify issues and propose possible solutions.
Support testing and updates to the Basel Reporting Services (OneSumX - the calculation engine for capital reporting) and upstream data pipeline.
Work closely and manage relationships with different stakeholders from several groups i.e. Treasury and Balance Sheet Management, Finance Shared Services, Technology, Accounting, Front Office, Audit etc.
Job Requirements
The ideal candidate will possess:
Sound understanding of wholesale banking products including derivative instruments and a good grasp of quantitative data analysis
An independent thinker with strong critical-thinking skills and the ability to solve complex issues
Self-starter; willingness to take initiatives for continuous learning and development
Strong working knowledge of Excel and Access; experience in analyzing large data sets using SQL/Access
Excellent communication skills, both written and verbal
Specific Educational Requirements / Accreditations:
• CFA, CPA or FRM designation preferred
• Master's degree or equivalent experience preferred
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.
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:
N/A.Website: https://www.td.com/
Headquarter Location: Toronto, Ontario, Canada
Employee Count: 10001+
Year Founded: 1955
IPO Status: Private