Work Location:

United States of America

Hours:

40

Pay Details:

$180,000 - $240,000 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.

Line of Business:

Finance

Job Description:

The Head of US Funds Transfer Pricing (FTP) will build, lead, and develop a team of finance professionals and collaborate extensively with various groups across the Bank, including: TD's product & business heads, various teams within US Treasury and TD's Finance functions. The Head of FTP team is responsible for owning TD's FTP framework, assumptions, methodology, implementation, business advisory, and strategy.  Emphasis is placed on supporting our partners through explaining: FTP methodology, trends in costs of funds, and evolving Treasury issues that impact TD's businesses. The team is also accountable to enhance our FTP through implementing a robust US FTP framework, integrated into balance sheet and net interest income forecasts, interest rate risk measurement, and a cohesive set of quantitative models and methods. The Head of FTP will act as the key point of contact with senior leaders in the business and finance and is central to keeping US Treasury well informed about Line of Business strategic activities.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork, and handling any/all disciplinary actions, as required
• Improving and expanding TD's knowledge of funds transfer pricing and balance sheet management principles
• Ensuring the complexities of Treasury are understood by the businesses in relatable, meaningful, and practical terms
• Identifying value adding opportunities to improve NII and margins
• Maintain and develop funds transfer pricing methodologies & assumptions
• Evaluate new product initiatives and when required lead the implementation of new product launches for US Treasury
• Works closely with other business partners including senior leaders within the Lines of Business
• Leads and develops a team of finance/risk professionals to ensure best-in-class FTP processes
• Provides active engagement to task forces and committees as needed
• Develops relationships with stakeholders across the bank, including other Finance functions, 2nd line and 3rd line risk functions
• Fosters a positive and rewarding working environment through R&R programs, employee engagement and continuous learning

Education & Experience:

• 10+ years of experience in finance/accounting, bank treasury or other relevant experience
• Bachelor's degree in Finance, Math or Economics
• Preferred designation: CPA, FRM, CFA, and/or MBA
• Comprehensive knowledge of Funds Transfer Pricing (FTP) concepts and their application to banking products
• Familiarity with the principles of interest rate risk management, including asset and liability management, (e.g. duration, convexity, key rate immunization) as well as liquidity risk management
• Experience with relating complex financial concepts and business results in terms understandable by audiences with varied backgrounds & seniority levels
• Proficiency with Capital markets concepts: Fair valuing securities, yield curves, financial product features: bullet and amortizing bonds, hedging with interest rate swaps, prepayment options, caps and floors
• Demonstrated strong conceptual and analytical abilities
• Strong internal control orientation
• Strong understanding of and experience in implementing large scale and complex programs/projects
• Exceptional problem solving skills
• Excellent communication skills (both written and verbal)
• Excellent interpersonal skills, team player
• Strong attention to detail and ability to meet tight deadlines
• Experience with external regulators is an asset
• Organization, prioritization, negotiation are critical
• Proven ability to develop strong business relationships with internal and external partners

Customer Accountabilities:

• Develops and maintains good relationships with key business and other stakeholders and effectively communicate with them
• Liaises and effectively interacts with internal and external auditors, regulators where applicable and ensure appropriate action is taken where required

Shareholder Accountabilities:

• Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
• Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high risk transactions / activities as necessary

Employee/Team Accountabilities:

• Cultivates and models the Colleague Promise to support colleague growth, and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well-being to represent TD's brand
• Connects the alignment of colleague's contributions with the TD Shared Commitments
• Builds and retains an engaged and diverse team that embraces diversity of thought, creativity and curiosity; where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done
• Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results
• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results
• Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD

purposes.

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 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.