Associate Vice President, Finance, Branch Banking

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$145,000 - $200,000 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.

Job Description:

The Associate Vice President, Finance Branch Banking and North American Customer Operations (NACO) reports to the Vice President, Finance, Canadian Personal Bank and is responsible for leading a dedicated team in Finance professionals responsible for Finance measurement, analysis, and decision support.

Associate Vice Presidents (AVP) at TD Bank Financial Group are strategic, responsible, and accountable members of the Bank's leadership team. Collectively, these roles contribute significantly to the overall reputation of TD as an excellent investment, a highly customer focused organization, a top employer, and an exemplary corporate citizen. Executives set the ethical, organizational and performance standard for the teams they lead and exemplify how an effective performance and development culture functions day to day. An AVP is expected to guide his/her team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.

In doing so, they are expected to role model TD's leadership profile by making an impact, building for the future, inspiring the will to win, working effectively in teams, living transparency, showing excellent judgment, and demonstrating unwavering integrity. VP roles therefore require:

• People leadership – knowing how to lead high performing teams, communicating well, and taking the time to coach and develop others.

• Organizational awareness – knowing how to engage the organization to get things done, deal with complex change, and enhance TD's brand.

• Business acumen – understanding his/her business from the ground up and the key levers that will deliver superior results.

• Strategic insight – having a compelling vision and engaging others in achieving it, providing thought leadership, and constantly striving to find new ways to do things better.

This role provides senior financial and operational thought leadership to the Canadian Branch Banking and NACO Businesses – as well as leads financial productivity for the Canadian Personal Bank . In addition to the business partners, the team works closely with a range of partners including Marketing, Data & Analytics, Treasury, ESDS, Segment Finance, Chief Accountant's department, tax, and Financial Operations. Reporting to this role is a team of finance professionals.

Finance and Business Leadership Accountabilities:

The AVP performs the role of business advisor while providing constructive and effective challenge to multiple initiatives for both Branch Banking and NACO. The AVP works closely with the EVP Branch Banking and EVP NACO as well as their executive and leadership teams. The role includes oversight of:

• Financial planning, reporting, and forecasting and presenting results to each businesses' Executive leadership team on a regular basis (VPs as well as the EVP)

• Business advisory and ad hoc support:

• Proactively identify financial opportunities, risks, and solutions.

• Review of financial and strategic benefits of various business development and growth initiatives such as potential partnerships.
• Advise on P&L optimization opportunities including rewards points liabilities, payment network commitments, expense management, and productivity.
• Telling the financial story, linking the strategic priorities and accomplishments of the group while providing value add advice to gain financial efficiencies while optimizing group effectiveness.
• Provide direction on allocation methodology and insights on impacts to Finance and Business segments.
• Oversee financial reporting signoff and engaging in appropriate audit engagements, including advising on accounting policy implications.

Unit Costing to drive operational efficiency, and omni-channel optimization:

• Leads the design of unit costing framework across Branch / retail distribution network, NACO, and operations.
• Operationalize net-new capabilities including Cost per Service / transaction, and cost per Sale across Branch and Phone channels.
• Establish new benchmarks for efficiency enabling expense reduction.
• Influence and advise on omni-channel sales and servicing strategy to optimize cost base – such as what shift sales/servicing activities to lower cost channels.
• Drive customer experience leadership position by using unit costing outputs to identify, prioritize, and monitor progress in simplifying steps required for sales and servicing transactions.

Specific Educational Requirements / Accreditations

• CA/CMA/CGA/MBA/CFA would be an asset.

Additional Skills / Experience

• A finance executive / top level professional with broad range of financial management and advisory experience with extensive understanding of the business and key financial drivers.
• Possess advance level of expertise and financial acumen to provide insight on strategy development and be a strategic partner to the business on a broad range of financial matters.
• Balanced approach, ability to stay resilient under pressure.
• People leadership is key element to this role – both the ability to effectively work in teams across the bank with multiple stakeholders, influence and align others.
• Proven ability to manage a diverse group of professionals is critical to success in this role.
• Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities.
• Confident presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with business and senior management at all levels.
• Excellent analytical skills in assessing finance / market and business issues and exceptional communication skills (written and verbal)

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.

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.

We look forward to hearing from you

Language Requirement (Quebec only):

Sans Objet