JOB DESCRIPTION:

The Strategy & Innovation Team within TD Enterprise Payments is responsible for critically assessing emerging threats and opportunities the Bank faces in the Payments ecosystem. The team develops both tactical and strategic responses to these threats and opportunities through a combination of critical analysis, business development including product creation and partnerships, industry advocacy and internal stakeholder alignment across the Bank.
The team is additionally responsible for testing new payment capabilities for the Bank, influencing on-going product roadmaps of our partners, and where appropriate developing the requisite intellectual property, products, and/or governance to create the runway for the Bank to execute against a vision of industry leadership for payment capabilities.

Reporting to the VP Enterprise Payments Strategy & Innovation, the successful candidate will play a critical role in supporting the Strategy & Innovation team identity, assess and recommend a course of action to respond to threats and opportunities the Bank faces. The primary responsibilities of the Payments Strategist include, but are not limited to, the following:

• Identifying emerging topics, novel technologies, or meaningful competitor actions which require a consideration for further exploration with a particular focus on commercial applications for the Bank to explore.
• Synthesize competitor actions and payments trends for product owner and/or executive awareness.
• Develop and maintain forecasts for expected payment volume migrations across payments products to inform future-proofing exercises for the Bank.
• Executing the end-to-end research cycle to establish a fact-base for the considered topic including but not limited to compiling and synthesizing insights based on relevant publicly available information, the use of internal data, discussions with team members/internal subject matter experts and when appropriate consulting with industry stakeholders and external vendors.
• Co-developing strategic recommendations and/or tactical responses (exercising judgment and critical thought, options analysis, developing supporting arguments, identifying what needs to be true to execute, and proposed next steps to execute) with the support of the executives as appropriate .
• Assist the executive in the execution of new technology explorations / proofs of concepts including but not limited to engaging with external vendors, coordinating with internal technology teams, and defining an action plan for completion / target outcomes.
• Support the development of novel payment concepts and capabilities to establish intellectual property via patents, and/or subject matter expertise for the Bank.

Represent payments thought leadership across the organization and externally to stakeholders by presenting our strategic and/or tactical viewpoints, communicating results and outcomes of our technology explorations, or representing TD at conferences / external engagements.

Job requirements:

• Undergraduate degree in Science, Business/Commerce/Finance, or Engineering
• A successful candidate should have the displayed ability to critically assess new topics, display judgement in ambiguity and embrace a dynamic environment.
• Prior experience in digital, payments or emerging business models is not required for this role but is preferred.
• 3-5 years of work experience in a related field.

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.

• Identifying emerging topics, novel technologies, or meaningful competitor actions which require a consideration for further exploration with a particular focus on commercial applications for the Bank to explore.
• Synthesize competitor actions and payments trends for product owner and/or executive awareness.
• Develop and maintain forecasts for expected payment volume migrations across payments products to inform future-proofing exercises for the Bank.
• Executing the end-to-end research cycle to establish a fact-base for the considered topic including but not limited to compiling and synthesizing insights based on relevant publicly available information, the use of internal data, discussions with team members/internal subject matter experts and when appropriate consulting with industry stakeholders and external vendors.
• Co-developing strategic recommendations and/or tactical responses (exercising judgment and critical thought, options analysis, developing supporting arguments, identifying what needs to be true to execute, and proposed next steps to execute) with the support of the executives as appropriate .
• Assist the executive in the execution of new technology explorations / proofs of concepts including but not limited to engaging with external vendors, coordinating with internal technology teams, and defining an action plan for completion / target outcomes.
• Support the development of novel payment concepts and capabilities to establish intellectual property via patents, and/or subject matter expertise for the Bank