Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

140,000 - 170,000 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:

Overview

This position requires someone with excellent analytical and technical skills with the ability to recognize issues and take practical corrective action. Proven skills in handling multiple tasks and working within specified timelines are required. The candidate must possess excellent business acumen and be able to develop positive working relationships with the areas supported.

Position Overview

The position will be part of the TDS Management Reporting work stream. In-depth understanding of the Wholesale business is required for this role. The ability to lead, analyze information and make decisions and manage complex reporting and deadline oriented deliverables is required. There are requirements for monthly analysis of revenue and expenses for IHC and TDS USA, quarterly presentations for TDS USA management team and TDGUS Board, and adhoc requests. An understanding of Wholesale Banking/Capital Markets businesses, products and associated balance sheet, P&L is required.

Specifically, this role will support certain management reporting deliverables as outlined below and be responsible for the accuracy, completeness, and timeliness of submission of reports in production to senior management and regulators. The role will also participate in developing strategies and tools to support the business and will support management reporting needs.

The individual will have a wide array of exposure to TD including finance, operations, compliance, etc. and as a result, gain valuable cross-organizational knowledge. The individual will also learn about TDS USA on a comprehensive basis as reporting requires in-depth understanding of entire balance sheets, P&L, as well as transactional data.

Specific Accountabilities Include:

• Lead the quarterly forecasting, annual planning, business casing, and medium-term outlooks in support of TDS while also finding opportunities to enhance surrounding processes

• Oversee completion of the monthly reporting packages and design value-added management reporting to provide insightful interpretation of key business drivers underlying the business results, highlight key issues and make appropriate recommendations where required

• Production and presentation of executive-level material to CFO and VPs/EVP, and responding to specific questions

• Conduct insightful, driver-based analysis of the Wholesale business revenues, expenses, including FTE

• Provide support to business leaders in developing strategic priorities and defining long-term business objectives while effectively communicating relevant and meaningful recommendations on a range of finance management issues or related operational processes

• Coordinate with various stakeholders across product, strategy, business development, contact centre and marketing to collect, analyze and compile forecast / budget information

• Effectively communicate relevant and meaningful recommendations on a range of finance management issues or related operational processes

• Act as subject matter expert for own area. Provide guidance, advice, and recommendations to support dealings with internal and external partners

• Active participation in Finance initiatives (where appropriate)

Specific Requirements / Accreditations:

• Strong leadership skills and ability to manage and delegate complex deadline oriented tasks

• Minimum Bachelor degree in Business/Accounting/Financial Management

• Proven analytical skills and sound judgment in a dynamic business environment

• Have ease with balance sheet and P&L analytics and demonstrates strong core accounting skills relative to financial statement presentation.

• The ability to translate high volumes of /complex reporting requirements and data into simple, consistent, and sustainable processes

• Strong sense of process and data governance and strong attention to details

• Highly motivated individual with a proven track record to deliver results.

• High level of curiosity to learn

• Understanding of Wholesale Banking/Capital Markets businesses, products and associated balance sheet, P&L

• Collaborative, team player with ability to work individually

• Demonstrates the ability to manage up and laterally with business partners

• Good knowledge of Wholesale processes in Finance, CMRM, MRC, Operations, and BLAR

• Strong Excel skills required

• Familiarity with accounting standards and management reporting would be an asset

• Confident facilitation skills and strong interpersonal skills to facilitate working with business and senior management at all levels

The VP - Finance Manager, TDS provides a range of strategic Finance advice, analysis and support for key business areas/portfolios as assigned. Proactively manages senior relationships in order to provide seasoned and deep business insights, decision support and guidance and works closely with various stakeholders and team members as required.

Depth & Scope:

• Scope of role may have pan-business impact and focus is on comprehensive reviews, specialized analysis, audits and/or initiatives with a yearly time span

• Accountable for conducting financial analysis/research, reviews and/or audits to support functional goals/objectives

• May act as interface with Finance partners/leaders and external parties

• Serves as a source of advice to senior management in field of specialty; may lead team(s) of related specialists/experts

• Undertakes and completes a variety of complex projects and initiatives requiring seasoned business partner specialist knowledge and/or the integration of cross functional processes within own area of expertise

• Work is guided by policies and industry standards/methods

• Requires innovative thinking to develop new solutions

• Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders

• Works autonomously as the lead and guides others within area of expertise

Education & Experience:

• Undergraduate degree

• 7+ years of relevant experience

• Accounting or financial designation preferred

Customer Accountabilities:

• Works closely with business partners to gain deep understanding of the business and relevant objectives in order to contribute to the strategic direction of respective business and/or the enterprise

• Formulates relevant and meaningful data analysis through comprehensive data visualization tools, profiling tools, segmentation, as well as leveraging advanced modeling and analytics

• Leads on the interpretation of complex business issues, generates multifaceted insights and identifies opportunities to help drive business growth or address business/enterprise needs

• Effectively communicates relevant/meaningful recommendations on a range of finance management issues or related operational processes to all levels within the organization

• Acts as a subject matter expert for LOB Finance area supported and provides guidance/advice and recommendations to support dealings with internal/external partners

• Identifies and develops key business performance measures or metrics for own area and ensures benchmark/best practice information is shared with appropriate parties

• Works to maximize shareholder value by developing key strategies/tactics for own unit and by conducting business and/or financial analysis to support key business decisions and the achievement of business partner or department objectives

• Leverages advanced data and analytics where possible to ensure business leaders are provided with comprehensive information to enable strategic decision support

• Develops and/or assesses significant business cases/new initiatives applying expertise and ensuring criteria for own area are met (e.g., taxation, accounting practices, forecasted rates of return, evaluate outcomes, test assumptions, interface with others for appropriate input, identify benchmarks)

• Proactively partners and supports the business to develop business, financial, operational, or organizational strategy for the organization

• Ensures alignment between business segment and enterprise goals/thresholds

• Provides strategic insights and proposes solutions for the organizations they support that deliver superior risk adjusted profitability

• Creates “story-telling” presentations on business performance (competitive analysis, etc.)

• Acts as a catalyst in driving forward initiatives critical to delivering strategy

• Develops and implements growth strategies

• Partners with the business to develop financial plans and forecasts

• Applies management-level focus

Shareholder Accountabilities:

• Acts as a respectful “challenger” to provide alternative points of view

• Leads the development/implementation of new financial models, operating service standards, methodologies, frameworks and paradigms to support on-going reporting, audit and/or analysis functions for own area

• Synthesizes complex and vast amount of information and translates into actionable insights and strategy

• Monitors and analyzes financial performance, acting as custodians of cost

• Adheres to enterprise frameworks or methodologies that relate to activities for our business area

• Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities

• Consistently exercises discretion in managing correspondence, information and all matters of confidentiality and privacy; escalates issues where appropriate

• Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)

• Participates in cross-functional/enterprise initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations

• Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience

• Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, makes recommendations, assesses the effectiveness of programs/policies/practices

• Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist

• Identifies/recommends/supports the implementation of actions/remediation plans to address performance/risk/governance issues

• Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements

• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts

• Maintains a culture of risk based management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

• Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest

• Provides thought leadership and/or industry knowledge for own area of expertise and participates in knowledge transfer within the team and business unit

• Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques

• Participates in personal performance management and development activities, including cross training within own team

• Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities

• Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices

• Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships

• Contributes to a fair, positive and equitable environment that supports a diverse workforce

• Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional

• International Travel – Never

• Performing sedentary work – Continuous

• Performing multiple tasks – Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds – Occasional

• Sitting – Continuous

• Standing – Occasional

• Walking – Occasional

• Moving safely in confined spaces – Occasional

• Lifting/Carrying (under 25 lbs.) – Occasional

• Lifting/Carrying (over 25 lbs.) – Never

• Squatting – Occasional

• Bending – Occasional

• Kneeling – Never

• Crawling – Never

• Climbing – Never

• Reaching overhead – Never

• Reaching forward – Occasional

• Pushing – Never

• Pulling – Never

• Twisting – Never

• Concentrating for long periods of time – Continuous

• Applying common sense to deal with problems involving standardized situations – Continuous

• Reading, writing and comprehending instructions – Continuous

• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 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.

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

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.