VP - Finance

Vice President - Finance

TD Securities US Finance is a part of the wider TD Securities Finance group, as one of the three regional finance groups for the Wholesale Banking segment of TD Bank Group it has a key role in the USA providing support in financial, management, liquidity, and regulatory reporting. In addition, by its nature as a primary control and support group in the region, TDS Finance USA provides business information supporting projects and initiatives often as the liaison with the other groups and segments both in the US and Canada but also with the other regions (UK and Singapore).

Specific accountabilities include :

• Lead level 1 review of regulatory deliverables associated with TDS and review regulatory reports for submission to FRB, US Treasury, BEA, etc. reporting.
• Manage Governance related tasks / mandate and work closely with Compliance and 1B business partners to understand and satisfy requirements.
• Understanding data architecture and GL systems / pipelines to remediate gaps and make process improvements.
• Guide junior team members on issue resolution based on strong understanding of data attributes, accounting standards, regulatory rules, and production steps.
• Having a technology savvy approach to action process improvements and automate legacy processes including the use of tools such as Alteryx, PowerBi, etc.
• Review data elements based on 'Global Chart of Accounts' composition and trace accounting codes to product / business origin to check if regulatory mapping is fit for purpose.
• Initiate research to keep current on regulatory rule requirements and any internal business changes (e.g. new businesses or product launched) and assesses downstream impacts to the regulatory reports.
• Ensure strong data / process governance and key controls that are pushed down by Compliance are implemented within report preparers.
• Support the alignment of current regulatory reporting processes with new processes as entities merge and systems integrate to ensure integrity of the regulatory reports being filed.
• Continuously develop strong understanding of best practices from regulatory supervisors.
• Escalate timely to senior management of errors, gaps, data quality issues, control breaks, KRI indicators, etc.
• Lead dialogue with financial reporting business partners to understand changes in accounting and financial results. Drive monthly team variance discussions to facilitate regulatory reporting flux analysis process.
• Support key departmental projects and initiatives, executes on ad hoc deliverable requests related to audit, compliance, transactional testing, examinations, etc.
• Maintain and build upon existing procedure documents and processes by updating and performing ongoing review of all information required to support reports; includes information gathering from source systems and working with business partners to source required information.

Specific requirements / accreditations :

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.

Depth & scope :

Education & experience :

Physical requirements :

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.

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.

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 base salary and variable compensation / incentive awards (e.g., eligibility for cash and / or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

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. Colleague Development If you're interested in a specific