Senior Product Manager

OverviewSenior Product Manager - CMS and Commercial Deposits Financial and Portfolio Management (Business Banking) at TD Securities.Join to apply for the Senior Product Manager - CMS and Commercial Deposits Financial and Portfolio Management (Business Banking) role at TD Securities.Location: Toronto, Ontario, CanadaHours: 37.5Line Of Business: Product ManagementPay Details: $108,800 - $163,200 CADTD 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. 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 DescriptionDepartment OverviewTD Business Banking offers financial solutions to North American businesses with a wide range of products and services tailored to customer needs. The Run my Business Journey manages a portfolio of cash management and deposit products for small business, commercial, and corporate customers, playing a crucial role in the overall Business Banking growth strategy. Business Banking provides opportunities for career growth within an inclusive culture and dynamic work environment.Job DescriptionThe Senior Group Manager Cash Management Services (CMS) and Commercial Deposits Financial and Portfolio Management oversees a portfolio of cash management and deposit products, focused primarily on Commercial Banking clients. Key objectives include developing strategies to grow deposit and CMS market share, optimizing revenue, identifying costs reduction opportunities, refreshing pricing, and monitoring the competitive environment. The role liaises with key partners in Commercial Banking, Finance, Treasury and Balance Sheet Management, Segment and Sales Strategy, BBAI2, Product Factory, Billing and Direct Trade (TD Securities). The Senior Manager will play a pivotal role in Business Banking\'s mission to aggressively grow deposits and recapture market share. Key AccountabilitiesOwn the full P&L for the Commercial Deposit and CMS product line, including revenue targets, margin management and cost analysis.Prepare financial forecasts, monitor financial performance, and recommend strategies to achieve targets.Refresh cost analysis of CMS and Commercial deposit product portfolio.Collaborate with Billing to develop pricing tools and sales dashboards for Commercial Banking sales colleagues, streamline response to RFPs and client reviews.Lead account management strategies that support portfolio growth and risk management including acquisition, cross-sell and attrition initiatives for Commercial Deposits and CMS.Develop and execute educational roadshows to educate sales colleagues on deposit pricing dynamics.Oversee pricing exceptions for Commercial Operating, Savings, Term and GIC products.Review and provide input into business cases for product enhancements and drive profitability initiatives; recommend pricing strategy for new products from Product Factory.Monitor competitive environment and share insights to adjust pricing strategies with sales colleagues.Lead and enhance relationships with key stakeholders including: Treasury and Balance Sheet Management, Finance, Product Factory, Commercial Banking Centres.Coach and mentor a team of direct reports to support learning and development.Serve as a brand ambassador for the business area and the bank, internal and external. Experience And EducationBachelor\'s degree in Business, Finance, or a related field.10+ years of experience including a proven track record in P&L management and pricing.Experience in Commercial Banking or with a sales channel.Strong people leadership with ability to build relationships, negotiate and influence others.Strong analytical and problem-solving skills.Excellent interpersonal and communication skills, especially in explaining complex concepts clearly.Well organized, able to manage multiple priorities.High energy; ability to work effectively in a fast-paced, dynamic environment. Who We AreTD is one of the world\'s leading global financial institutions and is the fifth largest bank in North America by branches/stores. We serve over 27 million households and businesses globally. TD is committed to be the Better Bank and to enrich the lives of customers, communities and colleagues. Additional InformationWe are committed to providing support through regular development conversations, training programs and benefits. This job opportunity is subject to provincial regulation for employment purposes and may vary by province or territory in Canada. #J-18808-Ljbffr