Senior Treasury Capital Manager (US)

Full job description

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$110,760 - $166,400 USD

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.

Line of Business:

Finance

Job Description:

Department Summary:

The Capital Reporting & Research team is a centralized function in the US Treasury group responsible for regulatory capital reporting and research under both US & Canadian rules. This role is accountable for assessing the capital impact of regulatory changes in the US and Canada as well as new products or initiatives by partnering with external and internal key stakeholders as applicable. In this role the analyst will be working on the enterprise capital reporting efficiency effort for the US Retail Segment and supports the implementation of regulatory changes for the US Retail Segment and US Legal Entities (i.e., Basel III Endgame).

Job Summary:

The Senior Treasury Capital Manager develops and executes complex capital management capabilities, strategies and/or structures for balance sheet management purposes. This role contributes to the continuous improvement of all processes, procedures, models, and system designs. Provides technical expertise, general direction, and subject matter expertise to the team.

Depth & Scope:

Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in their in a complex field and knowledge of broader related areas

Senior specialist providing advisory services to executives, business segment leaders and governs the requirements for own work

Collaborates with Finance, Risk Management, Business Partners, and Regulatory Teams to support capital planning and reporting activities

Conducts capital planning, forecasting, risk identification, or stress testing activities to evaluate capital adequacy and resilience

Delivers insightful analysis and reporting to support internal management and fulfill external regulatory requirements

Identifies, analyzes, and implements RWA and ROE optimization opportunities and strategic initiatives

Leads activities related to balance sheet management including managing capital components, balance sheet strategies, and optimization initiatives to support regulatory and strategic objectives

Provides advice on the interpretation of new and existing regulatory capital rules

Represents the Bank at industry forums and bi-lateral discussions with regulators on capital issues

Identifies and implements process improvements to enhance the efficiency, effectiveness, and automation of capital reporting planning and forecasting functions

Acts as a key point of contact for internal audit, regulatory reporting deliverables, and governance activities related to capital management

Ensures appropriate controls, reconciliations, and governance frameworks are in place for all capital management reports and/or forecasts

Drives continuous improvements to the regulatory reporting and forecasting processes, focusing on timeliness, accuracy, efficiency and automation

Benchmark against industry best practices and evolving regulatory standards to identify and implement capital optimization opportunities

Manages capital distribution, issuance and redemption processes in accordance with regulatory capital requirements and internal governance standards

Maintains capital management policies, including capital adequacy assessment to support internal capital ratio target setting

Monitors compliance with regulatory capital limits and processes, as outlined in relevant capital management policies

Education & Experience:

Undergraduate degree or equivalent work experience

10+ years of experience

Preferred Qualifications:

Experienced in working with large datasets

Experienced in working with excel, including Power Query and VBA

Ability to communicate effectively, synthesizing complex issues to easy-to-understand messages

Demonstrated strong conceptual and analytical abilities

Exceptional problem-solving skills

Excellent communication skills (both written and verbal)

Excellent interpersonal skills, team player

Advises business partners on capital impacts regarding new business products and initiatives

Ensures accuracy, completeness and timeliness reporting to our Finance partners, Product Partners, Risk Management,

Board, Financial Disclosures and Regulators Develops relationships with stakeholders across the bank, including other Finance functions, 2nd line and 3rd line risk functions

Customer Accountabilities:

Understands and implements capital management requirements

Works with the lending groups to review suitability of on-balance assets, and leads projects to enhance systems

Invests the Bank’s surplus cash in appropriate money market instruments

Buys options to protect against adverse movements in interest rates

Works closely with both liquidity and capital teams to determine the appropriate funding and capital needs of the Bank and ensures various key regulatory requirements are met.

Shareholder Accountabilities:

Adheres to enterprise frameworks or methodologies that relate to activities for the business area

Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate

Ensures respective programs / policies / practices are well managed, meet business needs, complies with internal and external requirements, and aligns with business priorities

Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high risk activities as necessary

Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)

Participates in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations

Conducts internal and external research projects; support the development / delivery of presentations / communications to management or broader audience

Monitors service, productivity and assesses efficiency levels within own function and implement continuous process / performance improvements where opportunities exists

Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements

Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues / points of interest

Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit

Provides mentorship and subject matter expertise to junior and peer team members to enhance technical capabilities, support career development, and strengthen overall team performance

Keeps current on emerging trends / developments and grows knowledge of the business, related tools and techniques

Participates in personal performance management and development activities, including cross training within own team

Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices

Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships

Contributes to a fair, positive and equitable environment that supports a diverse workforce

Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

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.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, ****** orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.