TD Bank

Senior Manager, Recovery and Resolution Planning, Enterprise Recovery and Resolution Office

TD Bank • $115K — $163K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
8 - 10 years of experience
Reposted 4 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 10+ years of experience in Treasury, Risk Management, or regulatory advisory roles in a large financial institution.
  • Advanced degree or professional designation (CFA, CPA, FRM) preferred.
  • Proven ownership of recovery and resolution planning frameworks at a senior level.
  • Strong understanding of bank resolution regimes and valuation under stress.
  • Deep knowledge of balance-sheet mechanics, including capital and liquidity under stress scenarios.
  • Experience in scenario quantification and financial modeling for recovery planning.
  • Excellent analytical skills and the ability to navigate complex regulatory environments.

Responsibilities

  • Lead the recovery and resolution testing program with thorough scenario design and readiness assessments.
  • Oversee testing streams with clear direction and ensure timely execution and regulatory compliance.
  • Demonstrate operational feasibility under stress through comprehensive testing and governance.
  • Coordinate with TD Securities for trading book wind-down strategy integration.
  • Draft high-quality Recovery and Resolution Plan content for senior management and regulators.
  • Engage with regulators and cross-industry forums to represent ERRP's practices and developments.
  • Drive continuous improvement by embedding lessons learned from exercises and industry feedback.

Benefits

  • Comprehensive health and well-being benefits.
  • Savings and retirement programs.
  • Paid time off and banking benefits.
  • Career development opportunities and recognition programs.
  • Access to mentoring and online learning platforms.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$115,600 - $163,200 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 is responsible for overseeing the management of TD's non-trading market risk, capital, investments, treasury trading activities, liquidity management, funding and transfer pricing. The Enterprise Recovery and Resolution Planning Office (ERRP) is responsible for managing recovery and resolution planning for TD Bank and the enterprise. This team prepares plan submissions to Canadian regulators and coordinates recovery and resolution planning testing activities. The ERRP also works with local management teams in various foreign jurisdictions where the Bank operates to assist in the development of local recovery plans, covering the U.S., Europe and Asia. The ERRP is also responsible for the delivery of TDBG's financial crisis management activities during periods of stress. ERRP is situated in Treasury and Balance Sheet Management within the broader Finance organization of TD Bank.

Job Description / Accountabilities:

The Senior Manager, Recovery and Resolution Planning position (Senior Manager) is a key member of the broader ERRP team with broad recovery and resolution planning responsibilities. They include, but are not limited to:

  • Lead the enterprise recovery and resolution testing program, including scenario design, execution, issue remediation, and readiness assessments; own and continuously refine testing strategies and frameworks.
  • Oversee the design and delivery of testing streams across distinct capabilities, providing clear direction, prioritization, and oversight to ensure timely execution, remediation, and complete regulatory documentation.
  • Ensure testing demonstrates operational feasibility under stress, including data, systems, governance, decision-making, execution sequencing, and critical timelines.
  • Coordinate with TD Securities to develop and maintain the trading book wind-down strategy, including assumptions, execution sequencing, market impact considerations, and key dependencies.
  • Integrate trading book wind-down capabilities with broader resolution, liquidity, capital, and separability frameworks to ensure end-to-end consistency and credibility.
  • Lead bail-in valuation readiness, including coordination of valuation capabilities, delivery of timely and defensible valuation outputs under resolution timelines, and internal assessments against CDIC expectations.
  • Support financial scenario analysis for recovery and resolution planning, including capital, liquidity, and balance-sheet projections, and ensure scenario narratives are translated into coherent, well-documented quantitative assumptions.
  • Serve as a primary point of contact with regulators and U.S. RRP counterparts on capability design, testing outcomes, remediation actions, and regulatory feedback.
  • Drive continuous improvement by embedding lessons learned from testing, regulatory feedback, and industry developments into plans, frameworks, and execution models.
  • Coordinate cross-functional stakeholders (Treasury, Markets LoB, Risk, Legal, Technology, Operations) to ensure integrated, end-to-end execution readiness.
  • Draft and maintain high-quality Recovery and Resolution Plan content, and prepare concise, well-supported materials for senior management, the Board and its Committees, and regulators.
  • Interpret new regulatory guidance and operationalize requirements within owned work streams to ensure timely and consistent compliance with supervisory expectations.
  • Represent ERRP in cross-industry forums and regulatory engagements, contributing to external dialogue on recovery and resolution planning practices.
  • Contribute to strong governance across ERRP deliverables, and support the ongoing enhancement of frameworks, policies, processes, and controls.
  • Provide technical leadership, quality assurance, and subject-matter expertise to the team, while promoting a strong culture of disciplined delivery within TD's Risk Appetite.


Qualifications / Skills / Experience:

  • 10+ years of progressive experience in Treasury, Capital Markets, Risk Management, Finance, or regulatory advisory roles within a large, complex financial institution.
  • Advanced degree or professional designation (e.g., CFA, CPA, FRM) preferred.
  • Demonstrated senior-level ownership of recovery and/or resolution planning frameworks.
  • Strong understanding of bank resolution regimes, bail-in mechanics, and valuation under stress.
  • Deep knowledge of balance-sheet, capital, liquidity, and trading business mechanics, including CET1, leverage, LCR, funding access, asset monetization, and intercompany flows under stress scenarios.
  • Scenario quantification and financial modeling capability, with experience translating narrative stress assumptions into time-stepped capital and liquidity projections across recovery and resolution phases.
  • Assumptions design and governance discipline, including documentation, traceability, sensitivity analysis, and consistency across capital, liquidity, and income projections
  • Advanced Excel / EUC proficiency, including complex workbooks, mapping conventions, reconciliation of data feeds, and integration of multiple projection tools.
  • Proven ability to lead complex, cross-functional initiatives across Finance, Risk, Legal, Operations, Technology, and Business lines.
  • Capability to set enterprise-level direction and priorities across multiple, interdependent workstreams.
  • Strong program, policy, and framework development skills.
  • Established credibility with regulators and/or internal oversight functions.
  • Ability to balance regulatory compliance with operational practicality.
  • Strong collaboration and influence skills across functions and jurisdictions.
  • Exceptional written and verbal communication skills, including clear articulation of complex issues to senior management and Boards.
  • Strong oral presentation skills for regulators and/or executive audiences.
  • Excellent analytical, problem-solving, and prioritization skills, with high standards for quality, discipline, and accountability.
  • Sound professional judgment in fast-moving or ambiguous situations, including during periods of stress.


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

Language Requirement (Quebec only):
Sans Objet

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at TD Bank

More Finance & Insurance Jobs

Find similar Senior Manager, Recovery and Resolution Planning, Enterprise Recovery and Resolution Office jobs:

NationwideToronto, ON