VP - IHC Regulatory Reporting

TD•New York, NY

4d•$125,000 - $175,000•Onsite

About The Position

TD Securities US Finance supports financial, management, liquidity, and regulatory reporting for the Wholesale Banking segment in the United States. The group also provides business information and serves as a liaison with other groups and segments in the US, Canada, the UK, and Singapore. The VP - IHC Regulatory Reporting leads review of regulatory deliverables and reports, supports governance and controls, and improves regulatory reporting processes. The role interprets financial results, develops and achieves financial objectives, provides forecasts and financial plans, and supports business strategy and decisions. It also provides leadership, coaching, and guidance to staff and builds relationships with business partners.

Requirements

Bachelor’s degree in Business, Accounting, or Financial Management.
5–7 years of related experience; the specific requirements also state 5+ years of financial services experience, preferably in capital markets.
Proven analytical skills and sound judgment in a dynamic business environment.
Ability to translate high volumes of complex reporting requirements and data into simple, consistent, sustainable processes.
Strong process and data governance and attention to detail.
Motivation and a proven track record of delivering results.
Logical, intuitive thinking, curiosity, and interest in learning and implementing process improvements.
Time-management and organizational skills to meet tight deadlines, with flexibility to adapt to changing priorities.
Understanding of Wholesale Banking or Capital Markets businesses, products, and associated balance sheets and P&L.
Collaborative team approach and ability to work independently.
Advanced Excel and MS Access skills.
Ability to manage up and work laterally with business partners.
Confident facilitation and strong interpersonal skills for working with business partners and senior management at all levels.
Ability to independently resolve issues and deliver results based on priorities and current needs.
Ability to welcome ideas from team members and encourage efficiency improvements and change.

Nice To Haves

Accounting designation preferred but not required.
Alteryx skills or knowledge.
Financial services experience in capital markets is preferred.

Responsibilities

Lead level-one review of regulatory deliverables and review reports submitted to the Federal Reserve Board, US Treasury, BEA, and other agencies.
Manage governance-related tasks and work with Compliance and first-line-of-business partners to understand and satisfy requirements.
Understand data architecture and general ledger systems and pipelines to remediate gaps and improve processes.
Guide junior team members in issue resolution using knowledge of data attributes, accounting standards, regulatory rules, and production steps.
Use technology and tools such as Alteryx and Power BI to improve processes and automate legacy processes.
Review Global Chart of Accounts data elements and trace accounting codes to product or business origins to assess whether regulatory mapping is fit for purpose.
Research regulatory rule requirements and internal business changes, including new businesses or products, and assess downstream impacts on regulatory reports.
Ensure data and process governance and key Compliance controls are implemented by report preparers.
Align regulatory reporting processes as entities merge and systems integrate, maintaining the integrity of filed reports.
Develop understanding of regulatory supervisors’ best practices.
Escalate errors, gaps, data-quality issues, control breaks, and KRI indicators to senior management in a timely manner.
Lead discussions with financial reporting business partners about accounting and financial-result changes, and drive monthly variance discussions for regulatory reporting flux analysis.
Support departmental projects and initiatives and respond to ad hoc audit, compliance, transactional testing, and examination requests.
Maintain and update procedure documents and processes, review information supporting reports, gather information from source systems, and work with business partners to obtain required information.
Gather and report financial results against plans, providing evaluation and interpretation based on understanding of the business.
Lead development and achievement of financial objectives and develop forecasts and financial plans.
Develop and maintain business relationships.
Provide leadership, coaching, counseling, and guidance to staff.
Develop, assign, and monitor plans to ensure goals and objectives are completed.
Resolve issues and problems by conferring with staff, internal departments, outside contacts, and others as needed.