JOB DESCRIPTION:

Position Title: Vice President, US Finance, Broker Dealer Regulatory Reporting
Hiring Contact: Christine Jenkins, Directory Finance
Business Unit: TD Securities
Division/Region: TD Securities USA (New York)
Report Location: New York Office
TD Securities is looking for a highly skilled and technology savvy Vice President level to join its Broker Dealer Accounting within US Finance in New York City. This role reports directly to the Director who runs the US Broker Dealer Regulatory Team.

The successful candidate will be responsible for the preparation and review of the Customer Protection Rule (SEC 15c3-3). The candidate will review the weekly computation. Work with stakeholders for the various components of the calculations (Operations, Legal Entity Control, Treasury. The candidate would additionally be responsible for other various FOCUS reports and supplemental schedules. Lastly, the candidate would be a key contributor enhancing and controlling the governance framework.

• Supervise the Finance Regulatory production team responsible for the requisite regulatory reporting and calculations requirements (Customer Protection FOCUS, & Net Capital) for the US regulated entities (institutional, swap and limited purpose dealers);
• Assist in the Weekly Customer Protevtion 3-3 Calculation, while working to build to a daily process;
• Assist in the monthly filing of the FOCUS and respective supplementals; SSOI, SLS, OBS, Form Custody, SIPIC, FR2004;
• Actively engage in data initiative with respective counterparts
• Identity opportunities to enhance the production process through efficiencies, strengthen the reporting control framework through automation and contriute towards evolving the collaboration model across functional areas within and outside of Finance;
• Optimize the regulatory reporting results into useful analytics for internal management purposes of capital usage and customer protection lock up;
• Manage and coordinate the flow of regulatory exams and audits involving the regulated entities;
• Project manage in translating the tactical regulatory reporting processes into the desired strategic automated state.

Qualifications :

• Bachelors Degree in Finance/Accounting
• Advance working knowledge and experience in the financial and regulatory aspects of broker dealers, specifially in 15c3-1, along with the business, product, operational and institutional knowledge;
• 8+ years post-undergraduate experience
• Organized, detail oriented and self motivated individual with strong analytical skills
• Extremely proficient in Microsoft Excel and various automation tools and resources (Power BI, Alteryx, Power query, pivot tables, advanced formulas) a plus
• Ability to work within deadlines while still providing a high-quality work product
• Excellent verbal and written communication skills
• Ability to work independently and as part of a team.

The Regulatory Reporting Team is an integral part of the overall Finance – Accounting Function within TD Securities and its subsididares which supports the reporting responsibilites for the different US regulated entities as well as providing key metrics internally for management of business , risk and control purposes. The team is responsible for the regulatory policy development and the related reporting production risk controls/processes as it relates to overall FOCUS reporting, net capital and customer protection as well as maintaining key relationships with both internal and regulatory stakeholders (SEC/FINRA/NFA/External Audit).

KEY ACCOUNTABILITIES:

• Supervise the Finance Regulatory production team responsible for the requisite regulatory reporting and calculations requirements (Customer Protection FOCUS, & Net Capital) for the US regulated entities (institutional, swap and limited purpose dealers);
• Assist in the Weekly Customer Protevtion 3-3 Calculation, while working to build to a daily process;
• Assist in the monthly filing of the FOCUS and respective supplementals; SSOI, SLS, OBS, Form Custody, SIPIC, FR2004;
• Actively engage in integration initiative with respective counterparts
• Identity opportunities to enhance the production process through efficiencies, strengthen the reporting control framework through automation and contriute towards evolving the collaboration model across functional areas within and outside of Finance;
• Optimize the regulatory reporting results into useful analytics for internal management purposes of capital usage and customer protection lock up;
• Manage and coordinate the flow of regulatory exams and audits involving the regulated entities;
• Project manage in translating the tactical regulatory reporting processes into the desired strategic automated state:
  The VP Finance TDS leads development and achievement of financial objectives. Reports on financial results, providing interpretation through in-depth understanding of the business. Provides forecasts and financial plans to drive business results, strategy and decisions.

EDUCATION & EXPERIENCE:

• Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required)
• 5-7 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.

OVERALL PURPOSE:

The primary purpose of this vice president role is to provide supervision and management support over the coverage over the key pillars of regulatory reporting, namely SEC 15c3-1 (Net Capital), as well as assist with FOCUS and SEC 15c3-3 (Customer Protection) related needs for management reporting along with the buildout of processes within the TD Securities integration. The role will entail primary engagements with key areas within TD Securities as its relates to the the US regulated entities which includes the institutional broker and swap dealers as well as key external stakeholders such as regulators and external auditors. Additionally, the role will provide an opportunity in developing the key process and control risk management methodologies/best practices to ehance and ensure consistency across the regulated entities, especially allignment through integration. The role will also maintain the key lead in the team’s suite of project initiatives while managing the transition its strategic automated state.

The successful candidate will be responsible for the preparation and review of the Customer Protection Rule (SEC 15c3-3). The candidate will review the weekly computation. Work with stakeholders for the various components of the calculations (Operations, Legal Entity Control, Treasury. The candidate would additionally be responsible for other various FOCUS reports and supplemental schedules. Lastly, the candidate would be a key contributor enhancing and controlling the governance framework.

• Supervise the Finance Regulatory production team responsible for the requisite regulatory reporting and calculations requirements (Customer Protection FOCUS, & Net Capital) for the US regulated entities (institutional, swap and limited purpose dealers);
• Assist in the Weekly Customer Protevtion 3-3 Calculation, while working to build to a daily process;
• Assist in the monthly filing of the FOCUS and respective supplementals; SSOI, SLS, OBS, Form Custody, SIPIC, FR2004;
• Actively engage in data initiative with respective counterparts
• Identity opportunities to enhance the production process through efficiencies, strengthen the reporting control framework through automation and contriute towards evolving the collaboration model across functional areas within and outside of Finance;
• Optimize the regulatory reporting results into useful analytics for internal management purposes of capital usage and customer protection lock up;
• Manage and coordinate the flow of regulatory exams and audits involving the regulated entities;
• Project manage in translating the tactical regulatory reporting processes into the desired strategic automated state