TD Bank

Manager, Liquidity Management

TD Bank • $96K — $136K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
4 days ago
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in finance-related fields such as treasury or capital markets.
  • University degree in Finance, Economics or a related field.
  • Proficient in data analysis tools like MS Excel, PowerBI, and Alteryx.
  • Solid understanding of liquidity risk concepts and regulations.
  • Proven ability to manage multiple demands and deliver results under tight deadlines.
  • Strong analytical and critical thinking skills.

Responsibilities

  • Support finance and risk professionals in daily tasks and projects.
  • Contribute to liquidity risk analysis for crisis planning and testing.
  • Lead development of Internal Liquidity Stress Testing scenarios.
  • Deliver liquidity components for Enterprise-Wide Stress Tests.
  • Update the Bank's Contingency Funding Plan annually.
  • Assist in preparing Bank's Recovery and Resolution Plan documentation.
  • Coordinate testing activities for the Contingency Funding Plan.

Benefits

  • Opportunities for professional growth and skill development.
  • Supportive work environment with a focus on teamwork and culture.
  • Flexible work arrangements with some onsite requirements.
Full 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 Liquidity Crisis Management team plays an important role in supporting the assessment of the Bank's liquidity and its crisis management planning. The team acts as the subject matter expert in the development of stress analysis and crisis planning. The team assesses and measures Internal Liquidity Stress Testing (ILST) scenarios and actively participates in related enterprise-level initiatives (e.g. Enterprise-Wide Stress Test (EWST) and regulatory stress tests). The team also owns and develops crisis plans and playbooks for liquidity and funding. This covers documents like the Bank's Contingency Funding Plan (CFP), Crisis Management Recovery Plan (CMRP) and CDIC Resolution Plan. This position reports directly to the Senior Manager, Liquidity Crisis Management.
  • Support a team of finance and risk professionals in delivering on the team's mandate by assisting with daily tasks and projects.
  • Contribute to liquidity risk and funding analysis for the Bank's crisis planning and testing programs.
  • Lead in the development of Internal Liquidity Stress Testing (ILST) scenarios including assumptions, analysis, design and results.
  • Lead the delivery of liquidity components for the EWST Program and Macro Stress Test (MST) for the regulator.
  • Lead the annual update of the Bank's Contingency Funding Plan (CFP).
  • Support the liquidity sections of the Bank's Recovery and Resolution Plan (RRP) by gathering, reconciling, and conforming data, and leading documentation updates.
  • Participate in CFP testing activities by helping coordinate tools and stakeholders, and tracking outcomes for ongoing effectiveness.
  • Work closely with other liquidity teams to provide support and assist with special assignments as needed.


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.
  • 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 - Stress tests include scenario build and execution, which will require creating and assessing quantitative projections, 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.

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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