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Business Line Financial Mgr I (US) - Capital Rules Interpretation

Employer
TD Bank Group
Location
Cherry Hill, USA
Salary
Competitive
Closing date
Nov 3, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Work Location:
United States of America

Hours:
40

Pay Details:
$86,840 - $130,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

The ideal candidate will be responsible for offering advice and issuing guidelines around Capital interpretation under the Basel framework, adhering to both U.S and OSFI (Canadian) regulations. Research questions related to existing guidelines under Basel Framework, implementation and guidance around new regulatory rules as well as reviewing regulatory filings related to Capital schedules. Expert knowledge on Capital rules and Interpretations under both US and OSFI regulations including capital treatment of Derivative products, Credit, Operational and Market risk and regulatory filings and instructions FRY9C, FRY 14Q, FRY 15, FRY 8 , FFIEC 101 is preferred.

The Business Line Financial Manager I provides planning, forecasting, reporting and financial analysis support for assigned line(s) of business and/or at the total segment level under the guidance of financial management. In addition, the Business Line Financial Manager I provides highly specialized financial consulting and analytical support at the assigned line(s) of business or total segment level identifying the following: key emerging financial trends, measurement of key performance metrics and success factors, line of business and total segment financial target setting and measurement, capital budget and key initiative evaluation and planning, cost and product profitability analyses, and specialized reporting and support for special projects. This position also includes people management responsibilities.

Depth & Scope:
  • Develops financial analytical and forecasting models to build sound forecasts, planning results, and test assumption. Also predicts results of business initiatives, including but not limited to ad hoc analysis
  • Mentors and develops those individuals directly reporting to the Business Line Financial Manager I. Effectively communicates plan assumptions, forecasts, and actual results to all levels of management to include variance analysis
  • Takes the lead as finance support on developing business case scenarios to understand the financial impact of various initiatives on the organization; In addition, researches and reviews details of business operating metrics and actively seeks to identify and promote new opportunities or products
  • Manages the development of conclusions and courses of action to rectify discrepancies as well as analyses to be presented to management for aid in decision-making processes
  • Develops and analyzes key metric and plan variances and related information

Education & Experience:
  • Bachelors degree required, finance or accounting preferred
  • 3+ years related experience
  • Understanding of banking industry financial analysis, planning, reporting and management accounting practices for assigned line of business
  • Excellent financial analysis skills, including ability to draw appropriate conclusions from large amounts of financial data
  • Strong understanding of general accounting and tax practices
  • Ability to guide businesses to achieve financial goals
  • Strong understanding of financial accounting and tax practices for assigned line of business
  • Management skills and experience
  • Understanding of related technology requirements and needs, including financial systems, planning models and report writers
  • Excellent written and verbal communication skills, including ability to present and explain information clearly

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

If you are an applicant with a disability and need accommodations to complete the application process, email the 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 application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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