Manager, Liquidity Management

TD•Toronto, ON

1d•CA$96,900 - CA$136,800•Hybrid

About The Position

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank’s non-trading market risk, liquidity risk, and capital position. The Liquidity Management team within Treasury is responsible for ensuring the Bank maintains sufficient cash, investments, and funding positions to permit the Bank to operate effectively during both normal operations and stressed market conditions. The team identifies, measures, and forecasts the Bank's liquidity needs and risks and takes actions to maintain a strong risk profile. The team works with partners across the Bank to manage liquidity risk and ensure its costs and drivers are well understood. The Liquidity Crisis Management team plays an important role in supporting the assessment of the Bank's liquidity and its crisis management planning. The team acts as the subject matter expert in the development of stress analysis and crisis planning. The team assesses and measures Internal Liquidity Stress Testing (ILST) scenarios and actively participates in related enterprise-level initiatives (e.g., Enterprise-Wide Stress Test (EWST) and regulatory stress tests). The team also owns and develops crisis plans and playbooks for liquidity and funding. This covers documents like the Bank's Contingency Funding Plan (CFP), Crisis Management Recovery Plan (CMRP), and CDIC Resolution Plan. This position reports directly to the Senior Manager, Liquidity Crisis Management.

Requirements

Demonstrated Experience – The candidate should have working knowledge of liquidity risk concepts, varying liquidity rules and regulations the Bank is subject to, and the major liquidity risks facing the Bank.
Change Management - Have a track record of making an impact, helping deliver on key projects and deliverables, while driving change.
Analytical and Critical thinking - Well developed analytical skills and comfortable with dealing with complex business situations and information.
Operational Excellence - Strong skills in process development, efficiency and control enhancements. This includes building and improving operational processes.
Effective Stakeholder Management - Fostering open dialogue and a positive influential working relationship with key stakeholders across the organization.
Flexible and Accountable - Ability to perform well in addressing ambiguous and unstructured problems, managing dynamic business requirements.
Quantitative Skills - Stress tests include scenario build and execution, which will require creating and assessing quantitative projections, and understanding the drivers of change.
Governance & Control Discipline - Strong skills in ensuring the correct protocols and procedures are followed for all liquidity deliverables in coordination with the second and third lines of defense.
Ability to relate to complex financial concepts in terms understandable to all audiences
Excellent interpersonal and communication skills
Demonstrated ability to motivate and provide direction to colleagues, transforming individuals into high-performers
Effective at helping build a positive and inclusive team culture focused on supporting and building the capabilities of the team
University degree in Finance, Economics or a related field.
Minimum 5 years of experience in related fields of finance, accounting, bank treasury, capital markets, with progressing levels of operational and/or team responsibility.
Demonstrated ability to manage multiple job demands, work under tight timelines and deliver accurate results.
Familiarity with liquidity risk management, capital management and/or capital markets.
Proficient with MS Excel, PowerBI, and Alteryx

Responsibilities

Support a team of finance and risk professionals in delivering on the team's mandate by assisting with daily tasks and projects.
Contribute to liquidity risk and funding analysis for the Bank’s crisis planning and testing programs.
Lead in the development of Internal Liquidity Stress Testing (ILST) scenarios including assumptions, analysis, design, and results.
Lead the delivery of liquidity components for the EWST Program and Macro Stress Test (MST) for the regulator.
Lead the annual update of the Bank’s Contingency Funding Plan (CFP).
Support the liquidity sections of the Bank’s Recovery and Resolution Plan (RRP) by gathering, reconciling, and conforming data, and leading documentation updates.
Participate in CFP testing activities by helping coordinate tools and stakeholders, and tracking outcomes for ongoing effectiveness.
Work closely with other liquidity teams to provide support and assist with special assignments as needed.