Finance Analyst

TD • New York, NY

5d • $90,000 - $120,000

About The Position

Overview 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: Support regulatory deliverables associated with TDS and prepare regulatory reports for FRB & US Treasury reporting. Support regulator inquires on reports within scope of responsibilities. Support Governance related tasks/mandate and work closely with Compliance and 1B business partners to understand and satisfy requirements, if needed. Action opportunities to improve and further automate existing processes and reporting within area of responsibility including the use of tools such as Alteryx. Continuously focus on further developing strong understanding of regulatory concepts and practices. Work closely with the manager to build strong data/process governance and key controls and analytics for the TDS US Regulatory Reporting team. Support the alignment of current regulatory reporting processes with new processes as they are being implemented to ensure integrity of the regulatory reports being filed. Support other key departmental projects and initiatives as assigned by manager. 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. Take part in monthly team variance discussions to facilitate regulatory reporting flux analysis process. Specific Requirements / Accreditations: Bachelor degree in Business/Accounting/Financial Management, with accounting designation preferred. Proven analytical skills and sound judgment in a dynamic business environment. The ability to translate high volumes of /complex reporting requirements and data into simple, consistent, and sustainable processes. Demonstrated data aggregation and reconciliation skills. Strong sense of process and data governance and strong attention to detail. Highly motivated individual with a proven track record to deliver results. A fluid, intuitive, and logical thinker with a high level of curiosity to learn and interest in determining and implementing process improvements. Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities. Understanding of Wholesale Banking/Capital Markets businesses, products and associated balance sheet and P&L Collaborative, team player with ability to work individually. Advanced Excel and MS Access skills required and Alteryx skills/knowledge a plus. Demonstrates the ability to manage up as well as laterally with business partners. Familiarity with regulatory reporting requirements would be an asset. The Specialized Finance Analyst, TDS performs a variety of specialized finance functions in a particular finance area(s) on an entry-level basis. Depth & Scope: Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of speciality Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area May support projects or workstreams within broader projects with moderate risk or complexity and may be accountable for managing ongoing activities, processes and functional programs Works within broad guidelines / policies and independently performs tasks from end to end May be responsible for solving moderately complex problems by taking a new perspective on existing solutions Exercises judgment based on the analysis of multiple sources of information Conveys business context when providing guidance within field of specialty to internal or external stakeholders Work performed under minimal management guidance and supervision Identifies and leads problem resolution Education & Experience: Undergraduate degree and/or 3+ years relevant experience preferred Accounting, financial or relevant professional designation preferred Customer Accountabilities: Specializes in particular areas according to established policies and procedures and applicable legal and regulatory guidelines Communicates and meets regularly with partners to support and develop an understanding of their business Responds to partner requests on a timely basis Interacts with internal/external partners, organize meetings/ events or facilitate learning sessions/ presentations for dissemination of information Identifies and implements opportunities for improvement to processes, controls, tools, fine tuning forms, tracking, reporting, etc. for the functions supported Contributes to regular reports of the Bank's financial condition and/ or assigned regulatory reports (e.g., activities related to the month-end financial closing, which details the Bank's month-to-month financial condition) Reviews assigned less complex monthly financial activity and ensure transactions are appropriately recorded in proper accounts Researches discrepancies and makes corrections and updates as necessary Coordinates and may lead policy related meetings / discussions and address any implementation issues / concerns Supports the development, implementation and understanding of training material, reports, presentations and procedures for new policies and/or processes Conducts impact assessments on employees when changes in policies/processes are proposed Shareholder Accountabilities: Contributes to various operational activities and processes as assigned Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate Be knowledgeable of practices and procedures within own area of responsibility and keeps abreast of emerging trends for own functional area Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high risk activities as necessary Conducts internal and external research projects; support the development / delivery of presentations / communications to management or broader audience Conducts reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices Monitors service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist Acquires and applies expertise in the discipline, provide guidance, assistance and direction to others Identifies, recommends and effectively executes standard practices applicable to the discipline Adheres to internal policies/procedures and applicable regulatory guidelines Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies Employee/Team Accountabilities: Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest Supports the team by continuously enhancing knowledge / expertise in own area and participates in knowledge transfer within the team and business unit Keeps current on emerging trends/ developments and grow knowledge of the business, related tools and techniques Participates in personal performance management and development activities, including cross training within own team Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provides training and/or guidance as appropriate. Contributes to a fair, positive and equitable environment that supports a diverse workforce Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally 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 strive to make every interaction, product and experience remarkably human and refreshingly simple. 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. Together, we are reimagining what banking can be for our clients, colleagues and communities. Our Total Rewards Package 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. Learn more 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 career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best. Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call. Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process. US Labor & Employment Posters | California Privacy | Accessibility | FAQ Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture. Our Commitment to Diversity, Equity, and Inclusion At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve. Helping to Make an Impact in Communities – TD Ready Commitment TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific

Requirements

• Bachelor degree in Business/Accounting/Financial Management, with accounting designation preferred.
• Proven analytical skills and sound judgment in a dynamic business environment.
• The ability to translate high volumes of /complex reporting requirements and data into simple, consistent, and sustainable processes.
• Demonstrated data aggregation and reconciliation skills.
• Strong sense of process and data governance and strong attention to detail.
• Highly motivated individual with a proven track record to deliver results.
• A fluid, intuitive, and logical thinker with a high level of curiosity to learn and interest in determining and implementing process improvements.
• Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities.
• Understanding of Wholesale Banking/Capital Markets businesses, products and associated balance sheet and P&L
• Collaborative, team player with ability to work individually.
• Advanced Excel and MS Access skills required and Alteryx skills/knowledge a plus.
• Demonstrates the ability to manage up as well as laterally with business partners.
• Familiarity with regulatory reporting requirements would be an asset.
• Confident communication skills and strong interpersonal skills to facilitate working with business and senior management at all levels.

Nice To Haves

• Accounting, financial or relevant professional designation preferred.
• Alteryx skills/knowledge a plus.
• Familiarity with regulatory reporting requirements would be an asset.

Responsibilities

• Support regulatory deliverables associated with TDS and prepare regulatory reports for FRB & US Treasury reporting.
• Support regulator inquires on reports within scope of responsibilities.
• Support Governance related tasks/mandate and work closely with Compliance and 1B business partners to understand and satisfy requirements, if needed.
• Action opportunities to improve and further automate existing processes and reporting within area of responsibility including the use of tools such as Alteryx.
• Continuously focus on further developing strong understanding of regulatory concepts and practices.
• Work closely with the manager to build strong data/process governance and key controls and analytics for the TDS US Regulatory Reporting team.
• Support the alignment of current regulatory reporting processes with new processes as they are being implemented to ensure integrity of the regulatory reports being filed.
• Support other key departmental projects and initiatives as assigned by manager.
• 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.
• Take part in monthly team variance discussions to facilitate regulatory reporting flux analysis process.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level