Product Control Analyst

TD; Toronto; On-site; CAD 70,000 - 98,000; Full time

Job summary

TD is seeking a Product Control professional in Toronto to ensure robust controls around P&L, balance sheet, and valuation processes for TD Securities. You will partner with trading, tech, and finance to deliver accurate reporting and drive end-to-end improvements.

The role requires deep derivatives knowledge, strong communication, and the ability to think strategically in a dynamic market environment. A background in capital markets and regulatory understanding is essential.

Qualifications

• 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.

Responsibilities

• Own P&L, Balance Sheet, Attribution, and IPV/VA reporting and initiatives for TD Securities.
• Challenge, propose, and champion projects to improve efficiencies and end-to-end controls.
• Act as the financial guardian of TD Securities’ sales and trading activities.
• Ensure independent validation of the value of trading portfolios and books.
• Collaborate with trading desk, trade support, technology, and finance to ensure timely reporting.

Skills

Financial derivatives

Valuations

Accounting

Control practices

Communication

Strategic thinking

Analytical skills

Capital markets

Python

Regulatory knowledge

Tools

Python

Job description

Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Data & AnalyticsPay Details:$69,700 - $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:Department OverviewThe 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 DetailsWithin 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.Our Total Rewards PackageOur 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 moreAdditional 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 DevelopmentIf 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.If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.Interview ProcessWe’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.AccommodationYour 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