AVP Liquidity Risk Management

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay 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 Risk Management team within TBSM is responsible for ensuring the Bank maintains sufficient cash, investments and funding 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 it risks. This includes recommending and taking appropriate actions to maintain a strong risk profile. This requires working with partners across the Bank to manage liquidity risk and ensure its costs and drivers are well understood.

Job Description

The AVP, Liquidity Risk Management will lead and develop a team of finance and risk professionals responsible for managing the Wholesale Bank's Liquidity Risk (i.e. TD Securities). The team is central to how TD defines, measures and manages Liquidity Risk and ensuring the Bank always maintains an appropriate liquidity profile for its assets and funding.

• Provides leadership and oversight for the Liquidity Risk management for the Wholesale Bank, ensuring risks are in line with TD's risk appetite.
• Acts as an expert for both regulatory and internal liquidity risk rules and regulations and develops a detailed understanding of liquidity risks arising from TD's various products and activities.
• Responsible for forecasting liquidity positions and developing effective plans to manage liquidity shortfalls.
• Owns and enhances the relevant assumptions, methodologies and frameworks that informs how Liquidity Risk is measured and managed.
• Leads regulatory advocacy initiatives on Liquidity Risk with Canadian Regulators (e.g. OSFI and CDIC)
• Works closely with TD's Risk functions to provide input and direction on Risk policies and frameworks for Liquidity.
• Delivers on key initiatives spanning regulatory, analytical, process and technology domains.
• Collaborates with various groups across the Bank: Treasury, Risk Management, Wholesale Bank, Finance, Operations and Technology groups

Requirements

• Demonstrated Experience – In areas like: Treasury, Risk, Liquidity risk management, Finance and/or wholesale banking
• Change Management - Has a track record of making an impact, managing key deliverables and driving change
• Analytical and Critical thinking - Well developed analytical skills and is comfortable with dealing with complex business situations and information.
• Understanding of Capital Markets – A well rounded understanding of Financial Markets and the functions of a Wholesale Bank
• Operational Excellence - Strong skills in process development, efficiency and control enhancements. This includes building and improving operational processes with technology partners
• Effective Stakeholder Management - Fosters an open dialogue and a positive working relationship with key stakeholders across the organization.
• Flexible and Accountable Leader - Ability to perform well in addressing ambiguous and unstructured problems and managing dynamic business requirements.

Competencies and Personal Qualities:

• Ability to relate complex financial concepts in terms understandable to all audiences
• Excellent interpersonal and communication skills
• Proven track record of motivating and developing a group of individuals into high performing teams.
• Creates a positive and inclusive culture focused on teaching, developing and building the capabilities of the team.
• Knowledge of the features and characteristics of banking products as well as the financial risks associated with them.

Education & Experience Requirements :

• 7-10 years of experience in related fields of finance, accounting, bank treasury, capital markets
• Post-secondary degree in Finance, Business, Risk and/or Economics
• Valued designations: CPA, FRM, CFA, MBA

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your goals.

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:

N/A.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.