Vice President, Liquidity Product Management

The Toronto-Dominion Bank (Canada); Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

TD Securities in Toronto is seeking a Vice President, Liquidity Product Management to own the end-to-end lifecycle of liquidity products, including virtual accounts, cash concentration, notional pooling and investment services. You will drive product development, cross-functional execution and data-driven performance analysis.

Lead strategy, partner with technology, operations and sales, define requirements, track KPIs and ensure regulatory compliance while delivering client value and profitable

Qualifications

• 5+ years hands-on product management in transaction banking or liquidity management.
• Strong understanding of liquidity products: cash concentration, notional pooling, virtual accounts, intraday liquidity, sweeps, and investment services.
• Experience across the product lifecycle from ideation to delivery and enhancement.
• Excellent communication and ability to work with technology, operations, risk and compliance teams.

Responsibilities

• Lead the end-to-end lifecycle for assigned liquidity products, including ideation, requirements definition, design, development, launch and ongoing enhancements.
• Create functional specifications, user stories and business cases; partner with technology and operations for timely delivery.
• Conduct market research and analyze competitive offerings to inform roadmap and prioritization.
• Collaborate with sales, relationship managers, implementation, risk, compliance and operations to support delivery and readiness.
• Monitor KPIs, client usage and financial performance; identify opportunities for improvement.
• Serve as SME on virtual accounts, cash concentration, notional pooling, sweep structures and investment services; ensure regulatory compliance.

Skills

Product management

Liquidity products

Cross-functional collaboration

Analytical skills

Communication skills

Education

Bachelor's degree; MBA preferred

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: TD General Pay Details: $120,000 - $160,000 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

TD has embarked on a multi-year digital transformation and expansion of GTB’s product suite to position the transaction bank as a leading North American cash management provider, enabling significant business growth across the franchise. The centralized Product Management organization will serve a critical role in TD’s ability to develop leading products and capabilities by enabling greater scale, capacity, quality and efficiency for our Transaction Banking businesses across Canada and US. It will deliver product strategy, product development, and go-to-market approaches for the entire Transaction Banking business. Product-related decisions will be made once, implemented once, and leveraged by all three businesses.

Role Summary

The Vice President, Liquidity Product Management, is responsible for leading the end-to-end lifecycle of assigned liquidity products—particularly virtual accounts, cash concentration, notional pooling, and investment services. This role emphasizes hands‑on product development, cross‑functional execution, and detailed analysis to drive product performance and client value.

Key Responsibilities

• Product Development & Lifecycle Management Lead the end-to-end lifecycle for assigned liquidity products, including ideation, requirements definition, design, development, launch, and ongoing enhancements. Create functional specifications, user stories, and business cases to support technology builds and process improvements. Partner closely with technology and operations teams to ensure timely and high-quality delivery of product features.
• Market & Competitive Analysis Conduct market research and analyze competitive offerings to identify client needs, industry trends, and product gaps. Provide recommendations that inform product roadmap and prioritization.
• Cross-Functional Execution Collaborate with sales, relationship managers, implementation, risk, compliance, and operations to support product delivery, commercialization, and ongoing maintenance. Work with product rollout and readiness teams to prepare training materials and support internal and client-facing presentations.
• Strategy & Performance Tracking Assist in the development and execution of product strategies that support client value and profitability goals. Monitor product KPIs, client usage, and financial performance; identify opportunities for incremental improvement.
• Subject Matter Expertise & Governance Serve as an SME on virtual accounts, cash concentration, notional pooling, sweep structures, and investment services. Ensure products and enhancements adhere to all relevant regulatory, operational risk, and compliance requirements.

Qualifications

• 5+ years of hands‑on experience in product management within transaction banking, liquidity management, treasury services, or a related financial services domain
• Strong understanding of liquidity products, including cash concentration, notional pooling, virtual accounts, intraday liquidity, sweeps, and investment services
• Demonstrated experience working across the product lifecycle, from ideation and requirements gathering to delivery and enhancement
• Solid analytical and problem‑solving skills; ability to translate market and client needs into actionable product requirements
• Experience collaborating with technology, operations, sales, risk and compliance teams to deliver product initiatives
• Strong project management and organizational skills with the ability to manage multiple initiatives simultaneously
• Excellent communication and presentation skills; comfortable delivering training and supporting sales teams
• Familiarity with regulatory environments related to liquidity and cash management products
• Bachelor's degree; MBA or similar advanced degree preferred

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues, providing trusted advice and industry‑leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly‑diverse equity research franchise, while growing our strong, diversified investment bank. 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.

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.

Our Values

At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion

At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment

TD has a long-standing commitment to help drive progress toward a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.