VP, Specialized Finance Manager

TD•New York, NY

9d•$145,000 - $170,000•Onsite

About The Position

Within Wholesale Finance, the Product Control Team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy and timeliness of optimized processes and controls for financial reporting. Product Control is the primary point of contact on P&L, Balance Sheet, Attribution, and Independent Pricing Verification & Valuation Adjustments reporting and initiatives, exercising an in depth understanding of the products, valuations, and risks of the Business. The Product Control team provides reporting, analysis, investigation, and commentary for a wide range of TD Securities business lines including equity derivatives, fixed income, credit derivatives, commodities, foreign exchange, and more. The VP, Specialized Finance Manager– Liquidity & Treasury, Product Control is responsible for independent oversight and control of the Treasury and Liquidity portfolios, including P&L production and attribution, balance sheet substantiation, valuation review, funding and investment activities, and associated financial and regulatory reporting. The role partners closely with Treasury Front Office, ALM, Market Risk, Regulatory Reporting, and Finance to ensure accurate reporting, effective controls, and sound governance of Treasury-related positions and exposures. The VP, Specialized Finance Manager, TDS provides seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members in a specialized finance function or discipline.

Requirements

Undergraduate degree in Accounting, Finance, Economics, or related field.
7+ years of Product Control, Treasury Finance, ALM, Liquidity Risk, or Capital Markets Finance experience.
Strong understanding of: Liquidity management and funding products Balance sheet management Funds Transfer Pricing (FTP) Asset Liability Management (ALM) Interest Rate Risk in the Banking Book (IRRBB) Regulatory liquidity metrics (LCR, NSFR, NCCF)
Treasury Product Control
Liquidity Management
Funding & Investment Portfolios
Balance Sheet Management
Funds Transfer Pricing (FTP)
Asset Liability Management (ALM)
Interest Rate Risk in Banking Book (IRRBB)
Regulatory Liquidity Reporting (LCR, NSFR, NCCF)
Valuation & P&L Controls
Financial Controls & Governance
Undergraduate degree and/or
7+ years of relevant experience preferred
Accounting, financial or relevant professional designation preferred
Focuses on comprehensive reviews, specialized analysis, audits and/or initiatives and a variety of complex projects and initiatives requiring seasoned specialist knowledge and/or the integration of cross functional processes within own area of expertise
Facilitates integration of several key functional areas and/or business lines in dealing and solving highly complex financial management/ specialized accounting / taxation / audit / regulatory reporting and operational issues
Acts as the primary interface with Finance partners /leaders and external parties
Acts as key contact and expert within area of expertise for the development, design and delivery of effective accounting/ taxation processes, policies, programs and advice
Maintains awareness of changing legal/regulatory requirements and practices within the industry and consults with policy/process owners within Accounting/ Taxation to ensure compliance
Engages, manages and influences internal/external cross-functional partners to develop/deliver integrated solutions
Accountable for the development and delivery of broad enterprise wide accounting/ taxation policies and initiatives, which may have significant regulatory components
Creates business cases and innovative recommendations
Executes on diverse and complex policies, implements and develops activities and tools for businesses. Supports financial strategy and management activities
Adheres to enterprise frameworks or methodologies that relate to activities for our business area
Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Consistently exercisse discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
Participates in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
Conducts internal and external research projects; supports the development/ delivery of presentations / communications to management or broader audience
Conducts 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 assesses efficiency levels within own function and implements continuous process / performance improvements where opportunities exist
Leads / facilitates and/or implements actions / remediation plans to address performance / risk /governance issues
Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
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
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
Provides thought leadership and/ or industry knowledge for own area of 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
Keesp 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 team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.
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

Nice To Haves

CPA, CFA, FRM, or equivalent professional designation preferred.

Responsibilities

Own daily and monthly Product Control processes supporting Treasury and Liquidity portfolios.
Review and explain Treasury-related P&L, balance sheet movements, net interest income impacts, and funding cost variances.
Perform balance sheet substantiation, analytical reviews, and ledger-to-subledger reconciliations.
Oversee valuation controls and independent review processes for Treasury portfolios.
Investigate and resolve valuation, accounting, and reporting issues.
Partner with Treasury Front Office, ALM, Market Risk, and Finance to provide independent oversight and challenge.
Support management decision-making through analysis of funding strategies, liquidity positions, and balance sheet optimization initiatives.
Provide governance over Funds Transfer Pricing methodologies and associated financial impacts.
Support Treasury hedge programs and related accounting and reporting implications.
Ensure strong financial controls and governance over Treasury and Liquidity activities.
Support regulatory and management reporting related to liquidity and funding activities.
Assess impacts of changing regulatory requirements on Treasury reporting and controls.
Lead remediation efforts arising from control, audit, or governance findings.
Maintain a strong control environment aligned with risk management standards.
Lead and develop Product Control professionals supporting Treasury and Liquidity businesses.
Promote a culture of accountability, control, and continuous improvement.
Drive process automation, reporting enhancements, and data quality initiatives.