JOB DESCRIPTION / ACCOUNTABILITIES:

Reporting to the AVP, Enterprise Capital Management (ECM), the Senior Manager will primarily be responsible for leading Enterprise capital policy development and contingency planning initiatives, and other activities related to the overall mandate of the team. The key responsibilities will include the following:

• Develop capital management policies and frameworks, ensuring appropriate incentives are set for efficient use of the Bank’s capital resources and promoting accountability for capital usage.
• Maintain the Bank’s capital allocation guideline, ensuring that capital can dynamically be attributed to capital consumers and aligning incentives.
• Conduct capital adequacy assessments to support senior executive and committee comfort with the calibration of internal capital ratio target setting.
• Monitor compliance with regulatory capital limits and processes, as outlined in relevant capital management policies. Work with segment CFOs to identify actions to manage capital targets within limits as appropriate.
• Support ECM’s crisis management planning by developing and enhancing the Bank’s Capital Contingency Plan process and ECM’s contributions to the Bank’s Recovery and Resolution Planning requirements, including plan updates, testing, and responding to regulatory feedback.
• Develop and size potential options to manage the trajectory of capital in both stress and BAU conditions.
• Manage capital distribution, issuance, and redemption processes in accordance with regulatory capital requirements and internal governance standards.
• Lead various capital reporting requirements, including certain quarterly external disclosure reporting and internal risk dashboards related to capital results.
• Support regular and ad-hoc capital related inquiries from regulators and other stakeholders.
• Act as a key point of contact for the team to support various internal programs
• Conduct periodic industry benchmarking to keep informed of best practices related to capital management
• Manage relationships with various stakeholders (including Segment Finance, Risk Management, and other areas within Treasury) to ensure consistent application and understanding of capital policies and guidelines.
• Keep abreast of emerging issues, industry trends, and evolving regulatory requirements and assess potential impacts to various products and strategies employed by the Bank.

QUALIFICATIONS / SKILLS / EXPERIENCE:

Knowledge or experience in the following areas is considered necessary:

• Experience in Capital Management, Treasury, and/or Governance. Previous experience with governance, policy, resolution planning or capital is considered an asset.
• Strong knowledge and understanding of financial services industry and TD’s balance sheet and businesses.
• An independent thinker with strong critical-thinking skills and the ability to solve complex issues.
• Ability to mobilize the organization and work across functions with various stakeholders to deliver results.
• Familiarity with financial reporting concepts, accounting standards, and risk management concepts and practices.
• Strong communication skills (verbal and written), with the ability to synthesis thoughts in a clear and concise manner.
• Ability to plan, manage and prioritize multiple responsibilities while meeting tight deadlines.
• Advanced analytical and problem solving skills, with the ability to work with large amounts of data and be forthcoming with solutions.
• Well-developed interpersonal, organizational, and negotiation skills.
• Strong skills with MS Office products, particularly Excel, Access and PowerPoint.

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.

• Develop capital management policies and frameworks, ensuring appropriate incentives are set for efficient use of the Bank’s capital resources and promoting accountability for capital usage.
• Maintain the Bank’s capital allocation guideline, ensuring that capital can dynamically be attributed to capital consumers and aligning incentives.
• Conduct capital adequacy assessments to support senior executive and committee comfort with the calibration of internal capital ratio target setting.
• Monitor compliance with regulatory capital limits and processes, as outlined in relevant capital management policies. Work with segment CFOs to identify actions to manage capital targets within limits as appropriate.
• Support ECM’s crisis management planning by developing and enhancing the Bank’s Capital Contingency Plan process and ECM’s contributions to the Bank’s Recovery and Resolution Planning requirements, including plan updates, testing, and responding to regulatory feedback.
• Develop and size potential options to manage the trajectory of capital in both stress and BAU conditions.
• Manage capital distribution, issuance, and redemption processes in accordance with regulatory capital requirements and internal governance standards.
• Lead various capital reporting requirements, including certain quarterly external disclosure reporting and internal risk dashboards related to capital results.
• Support regular and ad-hoc capital related inquiries from regulators and other stakeholders.
• Act as a key point of contact for the team to support various internal programs
• Conduct periodic industry benchmarking to keep informed of best practices related to capital management
• Manage relationships with various stakeholders (including Segment Finance, Risk Management, and other areas within Treasury) to ensure consistent application and understanding of capital policies and guidelines.
• Keep abreast of emerging issues, industry trends, and evolving regulatory requirements and assess potential impacts to various products and strategies employed by the Bank