VP - IHC Regulatory Reporting

TD Bank • New York, NY

2d • Onsite

About The Position

TD Securities US Finance supports financial, management, liquidity, and regulatory reporting for the Wholesale Banking segment in the United States. It also provides business information for projects and initiatives, often coordinating 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 submitted to regulators and government agencies. The role manages governance requirements, promotes strong data and process controls, improves reporting processes, and supports accurate regulatory reporting as entities merge and systems integrate. It also provides leadership and guidance to staff, drives financial objectives and reporting analysis, and works with business partners and senior management to address issues and support departmental initiatives.

Requirements

• Bachelor’s degree in Business, Accounting, or Financial Management.
• Five or more years of financial services experience; capital markets experience is preferred.
• Strong analytical skills and sound judgment in a dynamic business environment.
• Ability to translate high-volume or complex reporting requirements and data into simple, consistent, sustainable processes.
• Strong process and data governance orientation and attention to detail.
• Motivation and a demonstrated record of delivering results.
• Curiosity, logical thinking, and interest in identifying 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 profit and loss.
• Collaborative approach and ability to work independently as well as in a team.
• Advanced Excel and MS Access skills.
• Ability to manage upward and 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 execute results according to priorities and current needs.
• Openness to ideas from team members and ability to encourage efficiency and change.
• Five to seven years of related experience.
• Ability to perform sedentary work, manage multiple tasks, operate standard office equipment, concentrate for long periods, apply common sense to standardized problems, read and comprehend instructions, and perform basic arithmetic.
• Occasional domestic travel.

Nice To Haves

• Accounting designation preferred but not required.
• Capital markets experience preferred.
• Alteryx skills or knowledge are a plus.

Responsibilities

• Lead the Level 1 review of regulatory deliverables and reports prepared for submission to the Federal Reserve Board, US Treasury, BEA, and other agencies.
• Manage governance-related tasks and mandates, working with Compliance and first-line business partners to understand and meet 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.
• Promote process improvements and automation of legacy processes using technology and tools such as Alteryx and Power BI.
• Review data elements against the Global Chart of Accounts and trace accounting codes to product or business origin to assess regulatory mapping.
• Research regulatory requirements and internal business changes, including new businesses or products, and assess downstream reporting impacts.
• Ensure data and process governance and Compliance-mandated controls are implemented by report preparers.
• Align regulatory reporting processes as entities merge and systems integrate, maintaining the integrity of filed reports.
• Develop and maintain knowledge of regulatory supervisors’ best practices.
• Escalate errors, gaps, data-quality issues, control breaks, and key risk indicator issues to senior management in a timely manner.
• Lead discussions with financial reporting business partners to understand changes in accounting and financial results.
• Drive monthly team variance discussions and regulatory reporting flux analysis.
• Support departmental projects and respond to ad hoc requests related to audit, compliance, transactional testing, and examinations.
• Maintain and update procedure documents and reporting processes, including gathering information from source systems and business partners.
• Gather and report financial results against plans, providing evaluation and interpretation based on an in-depth understanding of the business.
• Lead development and achievement of financial objectives and provide forecasts and financial plans to guide business results, strategy, and decisions.
• Develop and maintain strong business relationships.
• Provide leadership, coaching, counseling, and guidance to staff; develop, assign, and monitor plans to achieve goals and objectives.
• Resolve issues and problems in consultation with staff, internal departments, outside contacts, and others as necessary.

Benefits

• 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
• Reward and recognition
• Variable compensation and incentive awards, potentially including cash and/or equity incentive awards
• Online learning platform
• Mentoring programs
• Training and onboarding

What This Job Offers

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