Director - Short Term Funding

TD•Toronto, ON

6d•CA$175,000 - CA$185,000•Onsite

About The Position

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. As the Director, North American Short-Term Funding - Canada, you will be responsible for leading the Canadian short-term funding program, with accountability for CAD funding execution and cash management with a focus on liquidity optimization. The role focuses on domestic funding programs, ensuring strong market access, and aligning with enterprise liquidity and balance sheet objectives.

Requirements

10+ years' experience with a treasury or capital markets context
Strong knowledge of market and/or treasury concepts
Solid understanding of Treasury function and their trading, valuation and risk management
Ability to work with Front Office, Finance and Risk Management to enhance capabilities
Technical background in regulatory frameworks (Basel Committee on Banking Supervision, Office of the Superintendent of Financial Institutions, Federal Reserve, Office of the Comptroller of the Currency)
Excellent communication and stakeholder management skills
Degree educated or higher from a leading academic institution

Responsibilities

Canadian Short-Term Funding Program Ownership, Market & Client Engagement: Own and evolve Canadian short-term funding programs (e.g., CAD issuance platforms), including product mix, tenor, and investor base. Define strategy for CAD funding diversification, cost optimization, and market positioning. Maintain relationships with Canadian investors, dealers, and internal sales teams. Collaborate with internal sales teams to optimize client participation across front end products and issuance programs. Represent Canadian funding in market forums and client discussions.
Execution: Oversee daily funding execution across CAD books, ensuring liquidity sufficiency and cost-efficient funding. Drive execution activity (deposits, BDNs, etc.) and ensure program utilization is optimized.
Cash Management & Optimization: Cash management across Canadian domiciled businesses, cash forecasting, and funding P&L drivers. Own Canadian Funding desk's funding accrual and MTM P&L and all key performance drivers. Own risk taking within approved limits, ensuring disciplined execution, robust scenario analysis, and alignment with the firm’s broader risk strategy to express macro views. Partner with regional funding teams to execute short-term deployment of excess cash balances for the best return. Collaborate with Investment teams and be their back up on their portfolio investment management.
Team Leadership & Talent Development: Foster a culture of analytical rigor, risk awareness, and cross enterprise collaboration. Recruitment and development of team members through education, training, mentorship and performance reviews. Be progressive & strategic in problem solving and target state mandate. Make decisions with speed, simplicity, and agility. Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank. Acquire and develop diverse talent with progressive skillsets and expertise. Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale. Initiate actions to further improve your own and the team’s skills and performance. Continuously look for opportunities for professional development. Show resilience and perseverance in the face of adversity. Be client driven in decision making and planning. Take ownership of decisions and accountabilities. Communicate exceptionally in all organizational directions. Role model TD Values, Shared Commitments & Leadership Profile.