Senior Treasury Analyst

TD Bank; Toronto; On-site; CAD 76,000 - 116,000; Full time

Job summary

TD Bank is seeking a candidate for a role in Liquidity Risk Management within the Treasury and Balance Sheet Management department. This position involves managing the Bank's liquidity position, preparing forecasts, and ensuring compliance with regulatory standards. Ideal candidates will have a strong analytical background and an understanding of wholesale banking products.

Benefits

Health and well-being benefits

Savings and retirement programs

Career development opportunities

Paid time off

Banking benefits and discounts

Qualifications

• Knowledge of wholesale banking and its products.
• Strong analytical and problem-solving skills.
• Ability to work independently and in teams.

Responsibilities

• Prepare liquidity forecasts for the Wholesale Bank's needs.
• Manage liquidity risk and understand key measures.
• Review and report on liquidity data accuracy.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Organizational skills

Curiosity

Education

Undergraduate degree in Mathematics, Business, Economics, Finance, Accounting or Risk Management

Post-graduate schooling or CFA designation

Tools

Excel

PowerPoint

VBA

SQL

Alteryx

Power BI

Access

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$76,800 - $115,200 CAD

This 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:

Department Overview:

Treasury and Balance Sheet Management (TBSM) manages TD Bank's Canadian and US P&C's non-trading market risk, consolidated liquidity risk (trading and non-trading), and capital positions. In addition, TBSM operates the Bank's funding, securitization, and capital management programs, and is responsible for the Bank's investment portfolios.

Department Responsibilities:

• Liquidity Risk Management: Measure and manage changes in TD Bank's cash flows, collateral pledging requirements, and funding needs to ensure adequate liquidity level while minimizing funding costs.

• Market Risk Measurement & Analytics: Measure, manage, and hedge the interest rate, foreign exchange, and equity risk associated with non-trading products on TD's balance sheet.

• Funds Transfer Pricing: Ensure that all non-trading products and businesses are measured on a fully hedged and liquidity premium adjusted basis to accurately reflect the economic profit.

• Investment Portfolio Management: Execution of hedging and investment portfolio management in support of the Bank's asset and liability management strategies.

• Enterprise Capital Management: Establish a management framework for the efficient and prudent management of TD's capital position while optimizing shareholder's return on capital.

• Wholesale Funding: Execute and manage term funding transactions and programs for TD Bank, including senior unsecured debt, covered bond, and secured funding through ABS and MBS channels.

The Liquidity Risk Management (LRM) group’s mandate is to manage the Bank's liquidity position for the Retail Bank (Canada) and Wholesale Bank (TD Securities) in accordance with the global liquidity risk management framework, and to manage collateral requirements to ensure proper end-of-day settlement of CAD and USD cash with central banks. Delivering on this mandate involves measuring and managing changes in TD's Retail and Wholesale Bank cash flows, liquidity levels, collateral pledging requirements, wholesale funding profile, and future needs - under normal and stressed conditions - relative to approved internal limits and the emerging global and regional regulatory liquidity standards.

The LRM team also contributes to enterprise initiatives; including the Enterprise-Wide Stress Test (EWST), the delivery of liquidity and funding aspects of the Bank's Crisis Management Recovery Plan (CMRP), and Resolution Plan as required by Canada Deposit Insurance Corporation (CDIC). The LRM team works closely with other teams within TBSM and a variety of risk, finance and business areas from TD's Retail and Wholesale bank in both Canada and the US. This position reports directly to the Senior Manager, Wholesale LRM in TBSM.

Job Description:

This is a unique opportunity to learn about the Bank's Liquidity Risk Management paradigm and apply it to the Wholesale Banking Business. The role offers an avenue to gain knowledge of the TD Securities (TDS) Wholesale Business, the various financial products it trades in, balance sheet of the various businesses that make up the wholesale bank, along with the subsequent liquidity risks inherent.

Understanding the business and its liquidity risk plays a large part in determining and instructing funding requirements to the funding desk to meet both the external liquidity regulatory requirements as well as the Bank's internal liquidity risk framework. While the conceptual understanding of the Business and the various products it trades in is important, just as important is to grasp how the products are modeled within the relevant Liquidity system, such that the data can subsequently be manipulated into meaningful analysis leading to decisions that effect change. Understanding TDS' businesses and balance sheet structure are integral to success in the position, as is managing large amounts of data to refine requirements.

The team interacts with both Risk and Business partners, including the Short-Term Secured and Unsecured Financing desk, various TDS trading desks, Finance, Enterprise Liquidity Risk, and Capital Markets Risk Management.

Primary Accountabilities:

• Prepares liquidity forecasts in support of the management and instruction of the Wholesale Bank's liquidity needs, including Liquidity Coverage Ratio (LCR), Net Cumulative Cashflows (NCCF), Net Stable Funding Ratio (NSFR), and internal requirements.

• Take a proactive role in managing TDS' liquidity risk, including understanding and attributing movement in key liquidity risk measures noted above.

• Reviews, reports and escalates issue with the completeness and accuracy of liquidity data in accordance with the regulatory and Bank's internal standards.

• Work with team members and other internal stakeholders to ensure that liquidity treatment as determined by Business Line Reviews are implemented, such that key liquidity risks inherent can be captured, forecasted and instructed for accordingly.

• Delivering on Senior Management asks that tells the story of recent and upcoming liquidity needs for the business, and actions being taken.

• Provide ad-hoc analysis to support initiatives required for the Global Liquidity and Funding (GLF) committee and by other stakeholders.

• Monitor and ensure that appropriate policies, procedures, and accountabilities are documented and followed for internal and external audit purposes.

• Support Senior Manager and other team members on various projects/initiatives.

Job Requirements:

Required Skills and Competencies of this Position:

• Knowledge of and experience in Wholesale banking, with an understanding of wholesale banking products and how they impact funding actions or liquidity risk management.

• Basic understanding and high level of interest in the Wholesale banking business and instruments, and how they impact or used to manage balance sheet risks.

• An understanding of the bank's balance sheet and funding sources / instruments that support the Wholesale bank funding needs.

• Strong analytical & problem-solving skills.

• High level of curiosity, willingness to dig deep through data, spreadsheets, etc. to proactively get to the bottom of things.

• Superior organizational and time management skills to support time sensitive monthly and quarterly reporting processes.

• Ability to adapt quickly to change and integrate new requirements into existing processes.

• High attention to detail required with operational mindset and aptitude to improve efficiency in existing processes.

• Ability to work independently and in teams to produce and deliver high quality results.

• Strong knowledge in Excel and PowerPoint; VBA, SQL, Alteryx, Power BI, and Access is an asset.

Specific Educational Requirements/Accreditations:

An undergraduate degree, preferably in Mathematics, Business, Economics, Finance, Accounting or Risk Management or equivalent business experience. Post-graduate schooling and/or CFA designation 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 (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

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

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.