Treasury Liquidity Director (US)

: 430640BR Business Analysis / Reporting New York, NY Cherry Hill, NJ January 19, 2024

Hours

40

Pay Range

$146,800 - $230,640 annually

Department Overview

Treasury Liquidity Director leads the development and enhancement of the liquidity risk framework for the TD consolidated US operations. The role monitors and manages liquidity risk across legal entities and business segments and partners with key stakeholders such as the business, risk management and other key stakeholders at TD group.

Job Details

The Senior Manager of Analytics & Insights Lead of develops, coordinates, manages, and produces the analytical environment for TD Bank N.A. portfolios to achieve Financial (measurement, forecasts and business budgets) and Credit estimates that support portfolio and executive strategies and decisions. Manage a team of Business Insights & Analytics specialists and work closely with various internal stakeholders/partners to understand business objectives, identify data / information needs, opportunities for improvement and help inform and support business decisions and strategies. Provides consultative support, business insight, advice and expertise to guide decision making and/or strategic planning by leveraging and interpreting data and analytical models to provide business specific or broad strategic insight and using a variety of audience-specific communication techniques In accordance with the governing principles outlined in the TD Enterprise Risk Appetite Statement the Manager of Analytics effectively manages, monitors and controls risk of the segments within TD Bank.

Job Requirements

Depth & Scope:

• Provide people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required. Oversee and lead a large and/or highly complex, and diverse reporting function for an area of significant risk, complexity or scope.
• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
• Facilitate key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)
• Set operational team direction and collaborate with others to execute on common goals
• Focus on longer-range planning for functional area (e.g. 12 months or greater)
• Provides leadership direction and answering questions as needed. Provides guidance and assists staff with most complex aspects of work as necessary
• Resolves escalated issues and problems by conferring with senior management, staff in other internal departments, outside contacts and others as necessary
• Oversees analysis in support of financial, regulatory and risk management requirements
• Participates in and supports several decision-making committees for management approaches
• Exercises independent judgment by displaying and reaching conclusions on the most complex portfolio issues as well as assumes accountability for high quality recommendations regarding the credit portfolio.
• Quantifies and analyzes risk exposure characteristics for portfolios
• Researches, evaluates, develops, tests and applies quantitative models and methodologies for analyzing risk exposures and collection strategies
• Performs independent analytical initiatives including portfolio modeling, Stress Testing and migration analysis
• Works with TDBFG Analysts to determine and validate key Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) factors that are critical to internal Allowance for Loan and Lease Loss measures
• Prepares and delivers management reporting necessary to ensure accurate and thorough measurement of risk factors present in retail credit products
• Develops and documents systems/tools to automate calculations used in determining risk exposures
• Researches and recommends standards for internal/external systems used to calculate and measure risk exposures
• Recommends policy and underwriting standard modifications where warranted. Measures and monitors the organizations exposure and provides guidance in portfolio review and strategy
• Establishes oversight of business lines compliance/risk controls and periodically evaluate risk mitigation efforts to make adjustments as risk/department influences change. Ensures TD Bank maintains successful audits and exams within all areas
• Ensures effective compliance with all job-relevant State and Federal regulations, including, but not limited to Employee policies, procedures, CRA EEO/ AA, as well as with all job relevant Risk Management and Corporate standards
• Manages complex analytical initiatives and interacts with TDBFG Analysts, Finance, Credit, and Retail Lending lines of businesses
• Must be eligible for employment under regulatory standards applicable to the position.

Qualifications

Education & Experience:

• Bachelors degree required; Graduate degree preferred
• 10+ Years of related experience
• Significant experience required in Credit Risk Management and modeling disciplines
• Strong quantitative and statistical skills to determine sound, defensible approaches to forecasts and analyses
• Strong written and verbal communication skills
• Experience in change management related to the adoption of new business processes
• Extensive experience in organizing and presenting credit portfolio results and allowance requirements to Senior Management Committees, External Analysts, Auditors, Regulators, and Board of Directors
• Industry analysis and presentation experience

Preferred Qualifications:

• Bachelor's degree in Business, Finance or Economics or Master's degree in Finance, economics or other quantitative field
• 8+ years' experience of Treasury or finance/banking industry
• Experience in Liquidity Management or Treasury function within a financial services setting
• Broad understanding of liquidity risk management associated with all the products of the balance sheet
• Understanding of key liquidity regulations such as Reg YY, FR 2052a, LCR and NSFR
• Lead all Committee and governance related efforts related to liquidity risk activities
• Strong financial market knowledge of fixed income, capital markets and banking products
• Excellent technical and analytical skills
• Strong written and verbal communications skills with ability to prepare presentations for senior management
• Develops and maintains strong business relationships with business line management
• Provides leadership, coaching, counseling and guidance to staff
• Develops, assigns and monitors plans to ensure completion of goals and objectives
• Resolves escalated issues and problems by conferring with staff, other internal departments, outside contractors and others as necessary

Company Overview

Our Values At TD, we're guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and behaviors. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career, and be part of our caring and inclusive culture.

Making Your Well-being a Priority A caring and supportive culture that promotes colleague well-being is core to who we are. At TD, we focus on total well-being with extensive programs to help colleagues assess, manage, and improve their well-being across four core pillars — physical, financial, social and mental/emotional. In addition, we champion a safe and inclusive work environment, so colleagues feel a sense of belonging and feel supported in their personal and professional growth. Through our focus on well-being, we know that we can help our colleagues thrive, contribute to our culture of care, and support better business outcomes, because when colleagues feel their best, they're more likely to do their best.

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.

How We Work At TD, we believe in-person connections fuel collaboration and collective creativity. Our workplace experience empowers colleagues to do great work side-by-side at TD locations, while offering flexibility to work remotely where it makes sense for the work and team. Our teams work in one of three workplace models: hybrid, onsite and primarily remote. Wherever our colleagues are working, they'll always have access to the TD community to experience our culture of care.

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.

Inclusiveness

Our Commitment to Diversity, Equity, and Inclusion At TD, we're committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We're dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Accommodation If you are a candidate with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at View email address on us.fitly.work. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

How We're Helping Make an Impact in Communities TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That's why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of $1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It's our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities.

We look forward to hearing from you!