Treasury Manager, Enterprise Retail Liquidity

TD Bank Group; Toronto; On-site; CAD 97,000 - 137,000; Full time

Job summary

TD Bank Group is seeking an experienced liquidity risk professional to oversee non-trading liquidity risk concepts, develop assumptions and frameworks, and ensure regulatory alignment across TD's domestic retail operations and the Enterprise Liquidity function.

You will collaborate with Treasury, Risk Management, Finance and Technology, delivering key initiatives and presenting insights to senior management while maintaining strong governance and control standards.

Qualifications

• Working knowledge of liquidity risk concepts and major liquidity risks.
• Familiarity with OSFI requirements and regulatory liquidity guidelines.
• Strong analytical skills and ability to work with complex data.
• Experience in change management and governance processes.

Responsibilities

• Serve as a subject matter expert in liquidity risk.
• Support finance and risk professionals in daily activities and projects.
• Develop and update liquidity assumptions, policies, and frameworks.
• Apply regulatory and internal liquidity risk requirements.
• Lead or support policy development and implementation.
• Collaborate with Treasury, Risk Management, Finance and Technology.
• Deliver initiatives across regulatory, analytical, process, and methodology areas.
• Present insights to senior management and committees.

Job description

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$96,900 - $136,800 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

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's: non-trading market risk, liquidity risk and capital position.

The Liquidity Management team within Treasury is responsible for ensuring the Bank maintains sufficient cash, investments and funding positions to permit the Bank to operate effectively during both normal operations and stressed market conditions. The team identifies, measures and forecasts the Bank's liquidity needs and risks and takes actions to maintain a strong risk profile. The team works with partners across the Bank to manage liquidity risk and ensure its costs and drivers are well understood.

Job Description

The Enterprise Retail Liquidity team plays an important role in the Bank's Liquidity Management function. The team serves as the subject matter expert in Liquidity methodology in order to help create, update, and improve the Bank's assumptions, policies, and frameworks that guide how Liquidity Risk is measured for TD's domestic retail operations and the overall Enterprise.

• Serve as a subject matter expert in liquidity risk
• Support finance and risk professionals in delivering the team's mandate through daily activities and project work.
• Assess TD's strategies, products, and risks to develop appropriate liquidity assumptions and business methodologies.
• Apply expertise in regulatory and internal liquidity risk requirements to assess liquidity risks across TD's diverse product suite.
• Lead or support the development, management, and implementation of policies, frameworks, and guidelines for measuring and managing liquidity at TD.
• Work closely with TD Risk Management to provide input and guidance on liquidity-related risk policies and frameworks.
• Deliver key initiatives across regulatory, analytical, process, and methodology areas.
• Collaborate with groups across the Bank, including Treasury, Risk Management, business areas, Finance, Operations, and Technology.
• Provide proactive insights and analysis to strengthen the Bank's liquidity management approach, including presentations to senior management and committees.

Requirements

Demonstrated Experience - The candidate should have working knowledge of liquidity risk concepts, varying liquidity rules and regulations the Bank is subject to, and the major liquidity risks facing the Bank.

Subject Matter Familiarity - possesses working knowledge of regulatory requirements concerning liquidity, including OSFI requirements, and other regulatory and risk initiatives

Change Management - Have a track record of making an impact, helping deliver on key projects and deliverables, while driving change.

Analytical and Critical thinking - Well developed analytical skills and comfortable with dealing with complex business situations and information.

Operational Excellence - Strong skills in process development, efficiency and control enhancements. This includes building and improving operational processes.

Effective Stakeholder Management - Fostering open dialogue and a positive influential working relationship with key stakeholders across the organization.

Flexible and Accountable - Ability to perform well in addressing ambiguous and unstructured problems, managing dynamic business requirements.

Quantitative Skills - Data analysis build and execution, which will require creating and assessing quantitative data, and understanding the drivers of change.

Governance & Control Discipline - Strong skills in ensuring the correct protocols and procedures are followed for all liquidity deliverables in coordination with the second and third lines of defense.

Competencies and Personal Qualities:

• Ability to relate to complex financial concepts in terms understandable to all audiences
• Excellent interpersonal and communication skills
• Demonstrated ability to motivate and provide direction to colleagues, transforming individuals into high-performers
• Effective at helping build a positive and inclusive team culture focused on supporting and building the capabilities of the team

Education & Experience Requirements:

• University degree in Finance, Economics or a related field.
• Minimum 5 years of experience in related fields of finance, accounting, bank treasury, capital markets, with progressing levels of operational and/or team responsibility.
• Demonstrated ability to manage multiple job demands, work under tight timelines and deliver accurate results.
• Familiarity with liquidity risk management, capital management and/or capital markets.
• Proficient with MS Excel, PowerBI, and Alteryx

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line

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 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.

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 & 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