Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$225,000 - $250,000 USD

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:

The Director – Host-to-Host (H2H) Channel Owner will be responsible for defining, delivering, and operating TD's next-generation host-to-host bulk file payment transmission solution. This role will lead the end-to-end strategy and execution, from assessing target-state capabilities through proof-of-concept testing, to full-scale implementation and migration. The Director will act as the business and technical owner for the H2H channel, ensuring it meets the needs of multiple business lines and aligns with the our strategic payments roadmap.

Key Responsibilities

1. Strategy & Target-State Definition

- Lead the assessment of current host-to-host capabilities and industry best practices.
- Finalize a target-state solution recommendation, balancing customer needs, operational efficiency, security, and scalability.
- Partner with internal stakeholders to define business requirements and success criteria.

2. Proof of Concept & Vendor Engagement

- Evaluate potential technology vendors and solutions through structured proof-of-concept initiatives.
- Manage RFI/RFP processes, vendor negotiations, and technology viability assessments.
- Present findings and recommendations to senior leadership for investment decisions.

3. Roadmap Development & Implementation

- Develop an integration roadmap for rolling out the target-state H2H / bulk file transmission solution across multiple business lines.
- Collaborate with technology, operations, compliance, and product teams to ensure a seamless implementation.
- Create and execute a detailed customer migration plan to transition from legacy systems.

4. Channel Ownership & Operations

- Serve as the product and operational owner of the H2H channel once implemented.
- Oversee day-to-day performance, service levels, incident resolution, and enhancements.
- Ensure compliance with all regulatory, security, and risk management requirements.
- Continuously monitor market trends, customer feedback, and competitive offerings to inform ongoing product evolution.

Qualifications

- Bachelor’s degree in Business, Finance, Computer Science, or related field; MBA preferred
- 10+ years of experience in payments, cash management, or related financial services roles, with direct experience in host-to-host or bulk file transmission solutions strongly preferred
- Proven track record in product ownership or channel management, from strategy through operational execution
- Strong understanding of payment formats (e.g., ISO 20022, NACHA, SWIFT), security protocols, and connectivity methods (SFTP, API, VPN)
- Experience leading vendor evaluations, proof-of-concept testing, and complex technology integrations
- Excellent communication skills, with the ability to engage and influence stakeholders at all levels
- Strong analytical, problem-solving, and decision-making skills

Success Profile

- Strategic thinker with a bias for execution.
- Comfortable navigating ambiguity and driving clarity across multiple teams.
- Customer-centric mindset with a focus on delivering secure, reliable, and scalable payment capabilities.
- Able to operate effectively in a highly regulated environment.

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 help clients meet their needs today and prepare for tomorrow. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.