TD Bank

Director - Finance, Group Manager (Equity Derivatives) TDS US

TD Bank • $190K — $210K *
New York, NY 10025In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of experience in Product Control or Valuation Control within investment banking.
  • Extensive experience with derivatives businesses and their complexities.
  • Strong understanding of derivative pricing models and risk sensitivities.
  • Proven record of leading transformations and technology initiatives in finance.
  • Deep knowledge of Greeks, P&L attribution frameworks, and Independent Price Verification (IPV).
  • Familiarity with Python, SQL, and data analytics platforms in a finance context.
  • People management experience with a focus on mentoring and team development.

Responsibilities

  • Lead the development of an enterprise-wide P&L Attribution platform.
  • Create methodologies for daily and intraday P&L movement explanations.
  • Design Greeks-based P&L explain methodologies for derivatives.
  • Analyze and resolve unexplained P&L issues across models and market data.
  • Drive integration among risk systems, market data platforms, and Product Control infrastructure.
  • Own the review of attribution results and key risk drivers.
  • Present findings to senior management and regulatory stakeholders.

Benefits

  • Work in a dynamic financial services environment in New York.
  • Opportunities for professional growth and skill development.
  • Participation in annual business plans to influence organizational objectives.
  • Access to training and development programs for continuous learning.
  • Engagement within a diverse and inclusive organizational culture.
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
TD Securities

Pay Detail:
$190,000 - $210,000 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:

Director - Finance, Group Manager

Role and Responsibilities:
  • The Global Markets Product Control team is seeking an experienced Product Controller and quantitative finance professional to lead the design, development, and implementation of an enterprise-wide P&L Attribution platform.
  • Develop methodologies to explain daily and intraday P&L movements using risk sensitivities, market factors, and valuation adjustments.
  • Design and validate Greeks-based P&L explain methodologies for complex derivative portfolios.
  • Develop quantitative frameworks to decompose theoretical versus actual P&L.
  • Analyze unexplained P&L and identify model, market data, or booking issues.
  • Establish attribution tolerances, controls, and exception management processes.
  • Drive integration between Front Office risk systems, market data platforms, valuation engines, and Product Control infrastructure.
  • Own daily, monthly, and quarterly review of attribution results and key risk drivers.
  • Provide insight into trading desk performance and market events through attribution analytics.
  • Act as Product Owner for strategic P&L attribution initiatives.
  • Define requirements for technology teams and oversee implementation delivery.
  • Drive automation and reduction of manual spreadsheet-based processes.
  • Establish scalable controls, audit trails, and data lineage throughout the attribution process.
  • Present attribution findings to senior management and regulatory stakeholders.
  • Mentor and develop Product Control professionals and quantitative analysts.


Skills:
  • 10+ years of experience in Product Control, Valuation Control, or a related discipline within an investment bank.
  • Extensive experience supporting derivatives businesses.
  • Strong understanding of derivative pricing models and risk sensitivities.
  • Proven track record leading strategic transformation and technology initiatives.
  • Deep knowledge of:
    • Greeks and risk sensitivities
    • Derivative valuation methodologies
    • P&L explain and attribution frameworks
    • Independent Price Verification (IPV)
    • Fair Value and valuation adjustments (XVA)
  • Strong understanding of market risk methodologies and factor-based risk decomposition.
  • Experience with Python, SQL, and data analytics platforms preferred.
  • Experience building attribution capabilities across multiple asset classes.
  • Experience managing global teams and complex stakeholder environments.
  • University degree with a professional accounting/finance designation (i.e., CPA, CFA, CMA) or an MBA is an asset


The Director - Finance, Group Manager, TDS provides strategic financial analysis, insights, decision support and/or reporting results and/or provide guidance and advice to various internal and external stakeholders.

Depth & Scope:
  • Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
  • Oversees a team of Finance professionals for key business segments or a significantly large part of the organization
  • Requires in-depth shareholder and/or broad financial and business perspective
  • Scope may include integration of activities and Finance support for several key business lines
  • Focuses on longer-range issues dealing with and solving highly sensitive, confidential and/or multifaceted and complex financial management issues
  • Primary interface and high level resource to Business leaders on financial performance measures/business objectives/goals
  • Integrates knowledge of the enterprise function's or business segment's overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise
  • Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements

Education & Experience:
  • Undergraduate degree
  • 10+ years of relevant experience
  • Accounting or financial designation preferred
  • People Management experience

Customer Accountabilities:
  • Develops and maintains good relationships with internal Finance business/specialized Finance partners and other stakeholders
  • Effectively communicates relevant/meaningful recommendations on a range of finance management issues or related operational processes to all levels within the organization
  • Ensures team collaboration with partners on business problems/issues and provides fact-based analytical advice that aligns to strategy and drives shareholder value
  • Liaises and effectively interacts with internal/external auditors/regulators where applicable and ensures appropriate action is taken where required
  • Acts as subject matter expert as practice resource lead for own area and provides guidance/advice and recommendations to support dealings with internal/external partners
  • Contributes to the analysis, due diligence and execution of potential business restructures, acquisitions, joint ventures and/or divestitures within own area of responsibility and ensures appropriate Finance areas are involved where necessary
  • 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)
  • Manages/coordinates client requests for finance support and/or reports, ensuring that solutions balance and address business partner needs with overall Finance capabilities
  • Provides range of strategic support through teams assigned on portfolios/journeys, and provides relevant Finance insights/expertise and guidance to the program
  • Participates on internal/external committees as appropriate to provide advice/counsel to business/finance partners and/or represent TD's interests

Shareholder Accountabilities:
  • Plans resources and executes on strategic resourcing/professional practice related activities, reviews and communicates team results, and adjusts methodologies/curriculum accordingly
  • Leads/supports the execution on the annual business plan to deliver results aligned with internal and/or partner business strategy
  • Manages overall budget, revenue and expenditures, to help meet business objectives while increasing efficiency and effectiveness
  • Leverages data systems and various sources to ensure team is equipped to formulate well defined solutions to solve business problems
  • Proactively identifies key business opportunities, research and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement
  • Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise
  • Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high risk transactions/activities as necessary
  • Identifies/recommends/supports the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues
  • 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
  • Ensures colleagues are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee/Team Accountabilities:
  • Cultivates and models the Colleague Promise to support colleague growth, and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well being to represent TD's brand
  • Connects the alignment of colleague's contributions with the TD Shared Commitments
  • Builds and retains an engaged and diverse team that embraces diversity of thought, creativity and curiosity; where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborate to move with speed and get things done
  • Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results
  • Sustains, identifies strong talent, recruits and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome
  • Enables colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely feedback, motivating appreciation and recognition to all colleagues
  • Enables a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership
  • Fosters an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team; ensures timely management and escalation of issues and create opportunities to collaborate with other functions and teams
  • Leads your team through change and creates an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility, communicating a compelling vision with clarity and empowering colleagues to drive innovation
  • Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results
  • Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD
  • Fosters a high-performance culture by setting team targets and objectives, promoting and facilitating on-going feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results
  • Manages employees in compliance with all human resources policies, procedures and guidelines of conduct

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Occasional
  • 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.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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