Vice-President, Enterprise Payments Strategy and Partnerships

Posted:
11/7/2024, 4:00:00 PM

Location(s):
Toronto, Ontario, Canada ⋅ Ontario, Canada

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Product Management

Pay Details:

$175,000 - $255,000 CAD

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

TD’s Digital Strategy, Innovation and Payments focuses on accelerating TD's innovation agenda to position TD for the future.  The team is comprised of 4 pillars:  Digital Strategy which connects Line of Business strategies to ensure we have an Enterprise Digital Strategy that positions TD to win in the market; Enterprise Payments spanning strategy through to  execution of payments initiatives; Enterprise Innovation & Design which steers our innovation agenda and leads the Design Center of Excellence; and External Ecosystems, focused on embracing new data-sharing disruptions and develop emerging business models.

The Enterprise Payments organization is evolving to drive thought leadership and oversight for payments across the enterprise.  This is a dynamic and critical capability centre for TDBG, undergoing significant transformation!  The mandate of the team includes Payments strategy and innovation, business architecture and capabilities, business management and governance, and industry advocacy.  The team is looking to drive efficient and effective transformation, differentiated value propositions including strategic partnerships, exceptional customer experiences, leveraging rich payments data and ensuring robust risk management.  The team is cultivating payments expertise, through global analysis, industry connections, organizational know-how and executing as a collaborative partner to lines of business and technology groups across the bank; our mandate spans from retail, to small business to large corporates both domestically and globally, as a key pillar of TDBG strategy.

Job Description

As the Vice-President, Enterprise Payments Strategy and Partnerships, you will develop and refine TD's Payments strategy, gaining buy-in from senior leadership and ensuring alignment and consistency across partners. In addition, you will be accountable for:

  • Enterprise Payments Strategy: 
    • Develop the strategic vision and 3-5 year roadmap for long term payments strategy for Enterprise payments that defines how we win based on trends and developments in the markets where TD is present, including partnering with senior leaders across TD to develop and deliver North American and Global payments initiatives.
    • Collaborate with internal innovation partners to develop innovative solutions, intellectual property for TD and house views on relevant strategic payment topics.
    • Lead the Enterprise Payments Council, bringing together partners from across TD to inform, shape and prioritize the Payments strategy, including regular reporting to the Senior Executive Team and Board of Directors.
    • Partner with TD Corporate Development and innovation partners to evaluate and develop a portfolio of payments partnerships and acquisitions that empower TD's leadership in the payments space.
    • Represent TD at industry-level Payments forums to inform and shape industry positions; be active externally to build brand and influence 
  • Line of Business Engagement on Payments Strategies:
    • Compile end-to-end aggregation of Payment Strategies across all lines of business to drive visibility, opportunity and clarity of trade-off decisions.
    • Plays both an integration and influence role as a deep Payment expert to ensure horizontal / cross-business opportunities are identified, and influences lines of business on investments required to drive greater long-term payments maturity.  This requires direct engagement with all TD subsidiaries and business lines, as well as the relevant business Journeys and Platforms.
    • Define and report on enterprise metrics that will be reported on and used to measure success
  • Development and management of Canadian payments partnership and acquisition strategy and roadmap.
  • Deep Payments Expertise  
    • Lead team of deep Payments experts in providing insight and support to line of business partner efforts and maturing new strategic capabilities that drive incremental revenue to TD and support TD subsidiaries and lines of business.
    • Align internal and external partners where strategic payments strategy and coordination need is high to chart out path to capitalize on TD strategic payment initiatives, capabilities and partnerships; coaching leaders on investment priorities and trade-offs required to accelerate maturation. 
    • Lead the team in developing new businesses around industry payments capabilities not currently at play or not currently mature in existing journeys.
    • Influence TD to learn through direct engagement and experimentation.

Specific Educational Requirements:

·       Undergraduate degree required; Post Graduate degree preferred

 

Other Qualifications/Skills/Experience:

·       Previous experience developing and executing on strategies and delivering superior results in both the short and long term

·       Significant depth of payments experience and building maturity roadmaps in a variety of contexts

·       Deep understanding of interactions within a payments value chain, ie. customers and clients across multiple use cases including C2C, B2C, B2B

·       Robust knowledge of payments P&L drivers and a strong risk and control environment inclusive of emerging regulations across multiple jurisdictions

·       Inquisitive, avid learner and comfortable with experimentation

·       Highly effective communicator who engages colleagues, business partners, external stakeholders, and employees

·       Proven ability in leveraging deep subject matter expertise to develop and deploy a vision and align others to that vision. Creative thought leadership required while listening and engaging others to provide input in the shaping of vision

·       Strong people management skills with demonstrated experience in leading high performing teams

·       Excellent relationship management skills, effectively supporting multiple complex relationships with a superior ability to make things happen using positive influence

·       Expertise in working effectively in teams – requires a track record of working cross-organizationally and with multiple stakeholders at varying levels

·       Robust organizational skills with the ability to work in a fast-paced environment and manage multiple deadlines and priorities

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 Objet