TD Bank

Specialized Finance Manager - TDS Finance Capital Reporting

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

Qualifications

  • 5-7 years of experience in capital reporting and financial analysis
  • Thorough knowledge of Basel Capital rules and their implications
  • Strong understanding of wholesale banking products and quantitative data analysis
  • Proficient with Excel, Access, and SQL for data manipulation
  • Excellent interpersonal and communication skills
  • CFA, CPA, or FRM designation preferred
  • Master's degree or equivalent experience preferred

Responsibilities

  • Oversee OSFI Capital reporting processes and guide capital reporting analysts
  • Collaborate with stakeholders to interpret OSFI regulatory rules
  • Lead development and implementation of financial models and capital methodologies
  • Provide analysis to influence strategic decision-making and capital use
  • Support integration of new products into the TDS capital calculation
  • Conduct thorough capital impact analysis for new initiatives
  • Manage relationships with various departments including Treasury and Finance

Benefits

  • Inclusive work environment that promotes respect and integrity
  • Professional development opportunities for skill improvement
  • Leadership development within the organization
  • Supportive team culture with a focus on high morale
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$96,900 - $136,800 CAD

Job Description:

Job Overview

This Manager will be responsible for overseeing OSFI Capital reporting processes, providing support and guidance to capital reporting analysts on ongoing monthly reporting deliverables. The manager will also be responsible for managing relationships with the business and stakeholders on key capital initiatives, such as implementation of new products into the OSFI capital calculations and providing meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.

Job Description

  • Collaborate with other LoBs, technology partners, the business and other relevant stakeholders to ensure OSFI regulatory rules are well understood/interpreted, and calculation assumptions accurately capture business rationale.
  • Lead the development and implementation of new financial models, capital treatment, methodologies, frameworks and paradigms to support on-going business unit reporting and analysis functions. Provide meaningful reporting/analysis to influence business behavior, strategic decision making and optimal balance sheet usage.
  • As the subject matter expert, provide guidance and recommendations to the Business on capital related matters.
  • Support the execution and onboarding of new products in the TDS capital calculation process to ensure compliance with all existing rules and integration into the capital calculation processes.
  • Provide accurate and thorough capital impact analysis on new capital initiatives; interpret findings, identify issues and propose possible solutions.
  • Support testing and updates to the Basel Reporting Services (RWA System - the calculation engine for capital reporting) and upstream data pipeline.
  • Work closely and manage relationships with different stakeholders from several groups i.e. Treasury and Balance Sheet Management, Finance Shared Services, Technology, Accounting, Front Office, Audit etc.

Managerial Responsibilities:
  • Participate in managing the performance of peers.
  • Ensure communication of clear objectives with peers and stakeholders.
  • Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale.
  • Initiate actions to further improve your own and the overall team's skills and performance. Continuously look for opportunities for professional development.
  • Demonstrate TD's Leadership Profile in all professional and personal activities.
  • Establish an inclusive environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank.


Additional Information

The ideal candidate will possess:
  • Thorough knowledge of Basel Capital rules, in particular, Standardized and Internal Rating Based (IRB) approaches for credit risk, as well as underlying principles including parameter impacts on capital.
  • Sound understanding of wholesale banking products including derivative instruments and a good grasp of quantitative data analysis
  • An independent thinker with strong critical-thinking skills, analytical skills and the ability to solve complex issues
  • Self-starter; willingness to take initiatives for continuous learning and development
  • Strong working knowledge of Excel and Access; experience in analyzing large data sets using SQL/Access
  • Excellent communication skills, both written and verbal


Specific Educational Requirements / Accreditations:
  • CFA, CPA or FRM designation preferred
  • Master's degree or equivalent experience preferred


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

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