Posted:
12/17/2024, 6:31:46 AM
Location(s):
Toronto, Ontario, Canada ⋅ Ontario, Canada
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Business & Strategy ⋅ Product
Work Location:
Toronto, Ontario, CanadaHours:
37.5Line of Business:
Data & AnalyticsPay Details:
$65,500 - $98,400 CADThis 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:
The Wholesale Banking Finance Group is responsible for developing and delivering financial strategy, information, and management support within TD Securities (TDS). A key function within the department is the oversight and governance related to execution and reporting of fair value, in support of TD Securities' business objectives. To ensure the accuracy, valuation, and reporting of financial instruments for financial accounting purposes, the successful candidate will work with different stakeholders to ensure that business lines adhere to policies and procedures, and controls are effective.
Job Details
Within Wholesale Finance, the Product Control Team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy and timeliness of optimized processes and controls for financial reporting. Product Control is the primary point of contact on P&L, Balance Sheet, Attribution, and Independent Pricing Verification & Valuation Adjustments reporting and initiatives, exercising an in depth understanding of the products, valuations, and risks of the Business. The Product Control team provides reporting, analysis, investigation, and commentary for a wide range of TD Securities business lines including equity derivatives, fixed income, credit derivatives, commodities, foreign exchange, and more.
As part of the Product Control team, you will:
• Ensure strong financial controls and efficient processes around the P&L, Attribution, Balance Sheet, and Independent Pricing Verification and Valuation Adjustment processes for TD Securities.
• Effectively challenge, propose, and champion projects to improve efficiencies, to provide more effective business support through end-to-end controls and continued process enhancement and efficiency.
• Act as a business product control function and the financial guardian of the TD Securities sales and trading activities.
• Ensure overall Product Control function conducts independent validation of the value of the trading portfolios / books.
• Work with the businesses and the new business product groups to evaluate and integrate new products and businesses into our financial environment and build in appropriate controls to ensure integrity for financial records.
• Provision reliable and meaningful financial information to business managers, external stakeholders, and other relevant internal stakeholders.
• Work closely with the trading desk, trade support, syndicate accounting, technology, financial control, and other infrastructure areas to ensure timely and accurate reporting of financial results.
• Proactively partner with and support the business to develop business, financial, operational, and/or strategy for the organization.
• Ensure alignment between business and enterprise financial goals / thresholds.
Job Requirements
• In-depth knowledge of financial derivatives, valuations, accounting, and control practices gained through academic study or practical experience.
• Strong communication (written & verbal) and inter-personal skills to facilitate working with business partners, stakeholders, and colleagues at all levels of the organization.
• Ability to demonstrate strategic thinking, business acumen, problem solving, and analytical skills; can see the "big picture" in a complex environment through excellent judgement.
• Strong understanding of capital markets and regulatory environment.
• Programming skillsets such as Python is an asset.
Additional Information :
• Pursuit or completion of professional accreditation (CPA/CFA/MBA) is an asset.
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.
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. 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 (Quebec only):
Sans ObjetWebsite: https://www.td.com/
Headquarter Location: Toronto, Ontario, Canada
Employee Count: 10001+
Year Founded: 1955
IPO Status: Private