JOB DESCRIPTION:

The Wholesale Banking Finance Group is responsible for developing and delivering financial strategy, information, and management support within TD Securities (TDS). A key function within the department is the oversight and governance related to execution and reporting of daily P&L & controls, and monthly close of TDS Financials, in support of TD Securities’ business objectives. To ensure the accuracy, valuation, and reporting of financial instruments for financial accounting purposes, the successful candidate will work with different stakeholders to ensure that business lines adhere to policies and procedures, and controls are effective.

JOB DESCRIPTION

Within Controller & Chief Accountants in Finance, 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.
TD Securities is looking for a broker-dealer accountant to join its Product Control division in New York City. Associate – TDS Finance – U.S. - Controller function for TD’s U.S. Wholesale entities.

The successful candidate will be responsible for the team’s effort in accurate and timely reporting of its IFRS and GAAP books and records and regulatory filings for its U.S. broker-dealers as well as non broker dealers. Specific responsibilities will include, but are not limited to:

• Assist in the daily P&L process across the different areas of Equity Markets.
• Assist in the coordination, preparation and management of our timely month end close.
• Review month end balance sheet & income statement for respective product areas ensuring reconciliations are accurate with respect to correct GAAP & regulatory treatment.
• Liaise with all external & internal audit counterparts as well as operations and financial operations teams. Responsible for efficiently driving audits to completion.
• Analyze financial information with a key focus on control and addressing new requirements, including new reporting.
• Assist with the integration planning and implementation as TD Cowen looks to fully integrate with TDS.
• Help implement new P&L attribution reporting.
• Assist with the controls over intercompany activity across TDS entities.
• Prepare and hold monthly meetings with the Equities Business.
• Provide Commentary to Legal Entity, FP&A and Regulatory Controllers on P&L and Balance Sheet variances.

Qualifications:

• Bachelor degree in Business/Accounting/Finance (accounting designation is preferred but not required)
• 3-5 Years of related experience
• Organized, detail oriented and self-motivated individual with strong analytical skills
• Basic knowledge of derivatives
• Highly proficient with Microsoft Excel
• knowledge of subledger systems (BPS/Impact) a plus.
• Ability to work within deadlines while still providing a high-quality work product

The Senior Finance Analyst TDS 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 Senior Financial Analyst TDS provides highly specialized financial consulting and analytical support at the assigned line(s) of business or total segment level identifying 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, specialized reporting and support for special projects.

EDUCATION & EXPERIENCE:

• Bachelor degree in Business/Accounting/Finance (accounting designation is preferred but not required)
• 3-5 Years of related experience

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 Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

• Assist in the daily P&L process across the different areas of Equity Markets.
• Assist in the coordination, preparation and management of our timely month end close.
• Review month end balance sheet & income statement for respective product areas ensuring reconciliations are accurate with respect to correct GAAP & regulatory treatment.
• Liaise with all external & internal audit counterparts as well as operations and financial operations teams. Responsible for efficiently driving audits to completion.
• Analyze financial information with a key focus on control and addressing new requirements, including new reporting.
• Assist with the integration planning and implementation as TD Cowen looks to fully integrate with TDS.
• Help implement new P&L attribution reporting.
• Assist with the controls over intercompany activity across TDS entities.
• Prepare and hold monthly meetings with the Equities Business.
• Provide Commentary to Legal Entity, FP&A and Regulatory Controllers on P&L and Balance Sheet variances