TD Bank

Senior Group Manager, Specialized Finance

TD Bank$115K — $163K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Deep knowledge of IFRS 17 and financial reporting frameworks
  • Strong understanding of the insurance industry
  • Experience in planning and implementing large projects
  • Proficiency in leading automation and AI initiatives
  • Ability to make independent decisions and solve complex problems
  • Excellent communication skills for translating complex issues
  • Demonstrated leadership in guiding diverse teams
  • CPA required

Responsibilities

  • Act as Business Asset Owner for the SAS IFRS 17 Solution
  • Drive ownership of system performance and data integrity
  • Lead system enhancements and resolve data issues
  • Interpret IFRS 17 results and provide actionable insights
  • Oversee planning and execution of reporting initiatives
  • Ensure strong SOX controls and lead audit interactions
  • Support month-end and year-end financial reporting

Benefits

  • Comprehensive health and well-being benefits
  • Retirement and savings programs
  • Paid time off and banking benefits/discounts
  • Career development opportunities
  • Reward and recognition programs
  • Regular training and support for professional growth
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$115,600 - $163,200 CAD

Job Description:

The Specialized Reporting and Solution Management Team (SRSM) Insurance Team is part of the broader Specialized Reporting and Solutions Management Team, and reports under the Chief Accountant's Department of the Bank.

From a business perspective, SRSM Insurance Team supports the TD Insurance Chief Financial Officer (CFO). The team is responsible for specialized financial and regulatory reporting for the General Insurance and Life Insurance business. In addition, SRSM is responsible for providing effective accounting advice considering business, accounting and reporting implications, systems, processes, and control impacts, both at the subsidiary and the Bank level.

Job Summary

The Senior Manager partners with Technology, Actuarial, Project Management, and Finance teams to design and deliver processes supporting accurate financial and regulatory reporting for TD Insurance under IFRS 17 and evolving accounting standards.

This role serves as the Business Asset Owner (BAO) for the SAS IFRS 17 Solution, with accountability for system integrity, enhancements, and alignment to business and regulatory requirements:

Key Accountabilities

1. SAS Solution BAO & System Ownership
  • Act as Business Asset Owner (BAO) for the SAS IFRS 17 Solution.
  • Drive end-to-end ownership of system performance, including data integrity, controls, and alignment with reporting requirements.
  • Ensure the solution supports new product launches, business changes, and evolving reporting needs.


2. System Enhancements, Defects & Testing
  • Lead and prioritize SAS system enhancements, including:
    • Resolution of defects and data issues
    • Enablement of new product launches
    • Continuous improvements aligned to target operating model
  • Define business requirements and oversee testing strategy and execution.
  • Collaborate with Technology, vendors, and SMEs to deliver timely and effective solutions.


3. Analysis & Business Insight
  • Interpret IFRS 17 results and provide clear, actionable insights to stakeholders.
  • Perform ad hoc analysis to support financial close, business decisions, and senior management reporting.


4. Project Delivery & Transformation
  • Lead planning and execution of system and reporting initiatives, ensuring alignment with timelines and strategic objectives.
  • Contribute to the evolution of the target operating model, including automation and process simplification.


5. Controls, Governance & Audit
  • Ensure strong SOX control environment over the SAS application and related processes.
  • Lead internal and external audit interactions, including issue resolution and remediation.


6. Financial & Regulatory Reporting
  • Lead and support month-end, quarter-end, and year-end financial reporting activities, relating to the SAS pre-processing outputs.
  • Compile and deliver quarter-end and year-end schedules to the Bank to support consolidated financial reporting.
  • Ensure reporting outputs are accurate, complete, and compliant with IFRS 17 and TD Finance requirements.


7. Accounting Policy & Standard Implementation
  • Oversee the implementation and ongoing adoption of new and amended accounting standards (e.g., IFRS 9), ensuring impacts are appropriately reflected in systems, reporting, and disclosures.
  • Translate accounting requirements into business and system design specifications.
  • Provide guidance on interpretation of results and emerging accounting topics.


Job Requirements:
  • Deep knowledge of IFRS 17 and broader financial reporting frameworks (including IFRS 9 impacts)
  • Deep understanding of the insurance industry
  • Experience, with demonstrated success, in planning and implementing large and complex projects
  • Able to champion and lead automation/AI initiatives end-to-end, from ideation through implementation and adoption
  • Able to independently make key decisions, solve complex problems, and prioritize deliverables
  • Ability to communicate complex issues in an understandable and concise manner
  • Demonstrated skills in influencing others
  • Strong leadership to lead a diverse group of subject matter experts to common goals
  • Ability to deal with ambiguity as well as communicate complex ideas succinctly and clearly
  • CPA


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. 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.

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.

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
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):
Maîtrise d'une langue autre que le français pour offrir du soutien ou traiter avec des employés qui ont besoin de services et de soutien dans une langue autre que le français.

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
Net Income
-$6.9 million
5 Year Trend
+6.6%

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