Wealth Operations Specialist, Tax Reconciliations

Wealth Operations Specialist, Tax Reconciliations Join to apply for the Wealth Operations Specialist, Tax Reconciliations role at TD Securities. Work Location: Toronto, Ontario, Canada Hours: 37.5 Line Of Business: TD Wealth Pay Details: $76,800 - $115,200 CAD 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. Overview TD Wealth Operations, part of Wealth National Office, is the operational engine of TD Wealth. Supporting all TD Wealth distribution channels, TD Mutual Funds, TD Asset Management, and TD Securities, our goal is to be recognized as an industry leader in Operational Excellence, delivering legendary partner and client experiences, enhancing productivity, and effectively managing risk and controls. Job Accountabilities Oversee the reconciliation and review of Canadian and US Tax withholding and remittance, data reconciliation between reports and CRA remittances, notice of assessments, etc. Manage QI WITHHOLDING TAX reconciliations, backup withholding taxes and remittances to IRS, including balancing of 1042S forms received from other financial institutions vs. those issued by TDW. Investigate and resolve data variances, ensuring root cause analysis and documentation of findings. Collaborate with the tax team to ensure complete and accurate tax reporting are distributed to clients and remitted to relevant tax authorities (CRA, MRQ, IRS). Execute and maintain withholding tax remittances and reconciliations with Canadian tax authorities of applicable withholding and non‑resident tax accounts. Continuously monitor and organize functions performed by the Operation Officers, ensuring prompt break investigation, assignment of breaks and raising of critical issues to Tax Operations team. Investigate and resolve reconciliation issues and delays, ensuring prompt/efficient resolution of breaks across a variety of tax reconciliations to avoid any loss to the bank or our clients. Ensure reconciliation activities meet all internal and external regulatory/audit requirements and satisfy all internal control standards. Assist the success of the team by willingly assisting others in the completion and performance of work activities, providing training, mentorship and/or guidance as appropriate. Daily collaboration with Tax operations and cross‑functional teams across Wealth National Office to resolve breaks, find opportunities and work toward the shared goal of risk mitigation. Raise operational issues to management team when identified and assist with investigation of root causes and resolution. Develop an innovation culture and mindset by challenging the status quo, identifying efficiencies, recommending improvements and participating in initiatives (both strategic and small change). Interface with tax authorities for ongoing correspondence and remediation. Job Requirements Minimum 5 years of experience in Wealth Operations, Tax Reporting, or Registered Products. Strong knowledge of Canadian registered products and associated tax reporting, experience with withholding and remittance processes. Excellent time management and organizational skills to meet tight deadlines. Strong analytical and technical skills for resolving account outages and conducting complex investigations. Ability to build relationships and communicate complex issues to diverse business partners. Effective communication and collaboration skills across teams and stakeholders. Proficiency in Excel; experience with Alteryx, macros, or VBA is an asset. Qualifications Undergraduate degree in Business, Finance, Accounting, or related discipline. Demonstrated ability to work independently in a fast‑paced, deadline‑driven environment. Continuous improvement mindset and ability to adapt to evolving regulatory requirements. 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. 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. Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements. 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. Language Requirement (Quebec Only) Sans Objet #J-18808-Ljbffr