AVP Finance, Head of Product Control, Global Markets TD Securities
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Finance
Pay Details:
$255,000 - $325,000 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.
Job Description:
The Product Control Function is a team of professionals with deep product, business and controlling expertise covering the end-to-end accountability for financial results in support of TD Securities. The team will be responsible for maintaining, executing, and providing oversight of the financial controls for all TDS business lines. The team will also provide financial analysis and advice to key control partners and the TDS front office.
The AVP role is the Head of Product Control for Global Markets in TD Securities, reports to the TD Securities Controller. This role is accountable for ensuring accurate and timely reporting for daily P&L and balance sheet, and monthly income statement and balance sheet for TD Securities - Global Markets business lines. This includes Equities, Fixed Income, FX, Commodities, Repo and Structured Products. This role will act as the main go-to person for the Head of Global Markets and all relevant business heads, and the key advisor to the Front Office, Information Technology, Risk, Finance, Operations, and other control functions and key stakeholders, providing insight and analysis on the financial results
Specific activities would include the following:
- Lead, coach, and develop a high performing team of about 80 Global Markets product control professionals.
- Timely and accurate Daily P&L reporting to each business line within Global Markets, including daily review and control of Volcker Metrics.
- Accountable for completeness and accuracy for the Global Markets Income Statements and Balance Sheet results
- Responsible for Analytical Review of Global Markets' performance results with detailed explanations of result variances.
- Accountable for appropriate design and operating effectiveness for key controls associated with P&L and Balance Sheet processes.
- Accountable for timely approval of new businesses/products and technology changes impacting Global Market's Finance processes and controls.
- Steer stakeholders on business, process, and technology for complex and strategic business and P&L platform changes.
- Identify opportunities and steer strategic product control initiatives to improve/streamline processes.
- Collaborate closely with all members of the Product Control team including TDS Valuation Control team, CIB Product Control and Risk & Control teams, providing guidance and cross training when required.
- Proactively monitor all operational issues including EUC/model governance and attestation, issue management, risk event management, and RCSA assessments.
- Timely remediation on internal and external findings.
- Liaise with internal/external auditors and regulators during examinations.
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Job Requirements:
- Strong financial and business acumen
- Analytical and ability to review and challenge performance results based on product, valuation, and industry knowledge.
- Skilled relationship manager with developed management and collaboration skills to work with a variety of stakeholders.
- Ability to lead and influence.
- Promote a positive work environment that encourages teamwork, productivity, innovation, creativity, analysis, and advice.
- Demonstrate resiliency in the face of new problems and/or challenges while adapting quickly to change.
- Adhere to relevant compliance, professional standards, and regulatory and bank policies.
Specific Educational and Professional Experience Requirements:
- University degree with a professional accounting/finance designation (i.e., CPA, CFA, CMA) or an MBA is an asset.
- 15+ years' experience in Global Markets Product Control within a large financial services organization.
- Demonstrated deep expertise in business and product knowledge for Global Markets, and practical experience in Volcker reporting.
- Strong accounting knowledge and controlling mindset, experiences in sox control processes a plus.
- People Management experience leading large teams.
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
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion