Vice President - US Domestic Payments - Global Transaction Banking, TD Securities

Posted:
8/19/2024, 5:00:00 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Work Location:

United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$150,000 - $200,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.


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

GTB is a key growth business within TDS that provides the opportunity to make an impact with top tier organizations.  We offer innovative solutions and treasury advisory services on large and complex liquidity, payments, and trade finance needs.  The business constantly changes with macroeconomic conditions, unprecedented levels of innovation, interest rate environments, and foreign exchange movements.  As a result, all GTB business lines continue to evolve to provide optimum trade finance, liquidity, and payment solutions to clients.

GTB is comprised of four business lines: Global Trade Finance ("GTF"), Corporate Cash Management ("CCM"), Financial Institutions ("FI"), and Export and Agency Finance ("EAF").

Position Summary

TDS has embarked on a multi-year digital transformation and expansion of GTB's product suite to position TDS as a leading North American multi-currency treasury provider, enabling significant business growth across the franchise.

The GTB Payments Product Transformation team works with a broad group of stakeholders such as Origination, Technology, Operations, Treasury, Funding, Change Delivery, Risk, etc. to deliver key strategic payment initiatives as well as provide value-added payment related subject matter expertise and input into GTB's payments product strategy.

The Vice President, US Domestic Payments, Product Transformation is a member of the GTB Product Transformation team and will report directly to the Director, GTB Payments, Product Transformation. The Vice President, US Domestic Payments will act as a catalyst and transformational change agent, bringing new US Domestic payment services to market by leading the delivery of client-centric, payment services that drive business results.

Job Responsibilities

  • Payments Transformation lead for US Domestic payments projects, championing GTB priorities and the "voice of the client" throughout the product delivery lifecycle to expand/enhance our suite of payables/receivables products, features and functionality.
  • Owns product level roadmaps, working with a broad group of stakeholders including Business Line Product Leads, Technology, Change Delivery, and other TD stakeholders to support roadmap prioritization and delivery.
  • Self-starter who stays current with the rapidly evolving payables and receivables market offerings including Fintech, Partners/Vendors and FIs.
  • Agile Product Owner/Product Manager accountabilities with firm grasp of Agile concepts and execution: product vision, roadmap, story map, user personas, user stories, manage/prioritize backlog, user flows.
  • Gather and analyse market research, client feedback, and competitive intelligence to identify market opportunities.
  • Document product scope and business requirements, working with Technology, Risk, Governance, Legal, Operations and Change Delivery to deliver new products and capabilities. 
  • Document product materials, user guides, and training materials (for both clients and internal staff) as applicable.
  • Understand all Legal, Regulatory, and Rules for relevant markets, ensuring product compliance with all relevant regulations and risk management policies.  Work with internal Risk & Compliance partners to ensure product suite meets evolving regulatory, compliance, legal, and internal policy requirements.

Job Requirements

  • Undergraduate degree or MBA with 5 – 10 years' experience in Financial Services Product Management and/or Agile Product Owner/Manager in Global Transaction Banking.
  • Experienced payments product specialist with strong knowledge of the US domestic market including ISO20022, Swift, FedWire/FedNow, ACH, CHIPS, TCH RTP, ISO 20022, Zelle, etc. and other emerging payment trends.
  • Proven track record of successfully delivering payments products, features and functionality in the US market on time and on budget.
  • Excellent working knowledge of treasury management concepts, products and services and principles as related to GTB products and services.
  • Strong understanding of technology trends and a desire to work closely with Technology Teams to execute on GTB strategy and develop client centric Payment and Treasury offerings.  
  • Ability to translate and articulate requirements between stakeholders (business, operations, technology). Create and write business requirements, epics and user stories while sharing the context and rationalization from a business/customer point of view.
  • Client focused with ability to consult with clients and GTB partners regarding service preferences and client requested enhancements to deliver client centric solutions in a timely manner.
  • Results oriented with ability to manage ambiguous or unclear situations.
  • Excellent organization and prioritization skills to manage multiple tasks simultaneously while setting realistic response expectations, delivering on time and with high-quality results.
  • Strong leadership, influencing, presentation, and communication skills with ability to effectively interact and communicate with a wide range of internal and external stakeholders.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.