VP Broker Dealer Regulatory Reporting

Work Location:

Hours:

Line of Business:

Pay Detail:

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:

We are seeking a highly experienced and detail-oriented VP candidate to support our Broker-Dealer Regulatory Reporting team. This role is responsible for the preparation, review, and oversight of all SEC financial responsibility rule reporting, primarily the customer protection reserve formula under rule 15c3-3 but not excluding net capital computations under Rule 15c3-1. The VP will serve as a subject matter expert across regulatory reporting disciplines and will partner closely with business partners to ensure full compliance with applicable SEC and FINRA requirements, requires both technical mastery of the rules and strong operational judgment.

Net Capital & Customer Protection (Rule 15c3-1 & 15c3-3)

• Direct the preparation and review of the weekly customer reserve formula computation and PAB reserve formula under Rule 15c3-3.

• Manage the timely funding of the Special Reserve Bank Account and ensure all deposits/withdrawals are executed in accordance with Rule 15c3-3 requirements.

• Monitor and analyze changes in net capital levels, reserve requirements, and related metrics; escalate issues to senior management as appropriate.

• Oversee the monthly net capital computations under SEC Rule 15c3-1, ensuring accurate haircut calculations, deductions, and allowable asset classification.

Technology & Systems

• Leverage regulatory reporting platformsincluding BPS (Broadridge Processing System) and Axiom SLto streamline data aggregation, computation, and reporting workflows.

• Partner with Technology teams to enhance system controls, automate manual processes, and improve data integrity across the regulatory reporting infrastructure.

• Evaluate and implement improvements to reporting systems, internal tools, and reconciliation processes.

Control/Governance and Change Management

• Serve as a subjectmatter expert during business change initiatives (e.g., client migrations, product launches, bookingmodel changes, system conversions, or legalentity reorganizations).

• Assess regulatory capital and reserve impacts of new activities, financing structures, or balancesheet movements and provide clear guidance to stakeholders.

• Design and maintain strong control frameworks around regulatory capital and reserve processes, including key reconciliations, tolerance thresholds, and documented review evidence.

Required

• Bachelor's degree in accounting, Finance, or a related field.

• 712+ years of experience in brokerdealer regulatory reporting, financial control, or regulatory capital functions.

• Deep, hands-on expertise with SEC Rule 15c3-1 (Net Capital) and Rule 15c3-3 (Customer Protection), including computation mechanics, exemptions, and compliance obligations.

• Demonstrated experience preparing and reviewing FOCUS Reports and other FINRA/SEC financial filings.

• Strong understanding of broker-dealer operations, including securities clearance and settlement, margin, prime brokerage, and securities lending.

• Excellent analytical, organizational, and communication skills with ability to present complex regulatory matters to senior stakeholders.

Preferred

• Proficiency with BPS (Broadridge Processing System) for regulatory data processing and net capital reporting.

• Experience with Axiom SL regulatory reporting platform, including configuration, data mapping, and report generation.

• Series 27 (Financial and Operations Principal) license, or willingness to obtain.

• Experience supporting prime brokerage, clearing businesses and/or arranged financing activities.

• Prior VPlevel responsibility or demonstrated readiness to operate independently in a senior individualcontributor role.

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional

• International Travel Never

• 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.