Senior Manager, Enterprise Capital Management, Capital Interpretation & Governance Lead

Senior Manager, Enterprise Capital Management, Capital Interpretation & Governance Lead

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line Of Business: Finance

Pay Details: $108,800 - $163,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Reporting to the AVP, Capital Interpretation and Optimization, the Senior Manager is accountable for the enterprise oversight, governance, and consistency of regulatory capital interpretations across TD. This role requires strong regulatory judgement, the ability to operate effectively in areas of ambiguity, and engage senior stakeholders and regulators on complex capital matters.

• Lead the enterprise interpretation of existing, new and emerging regulatory capital requirements, including OSFI Capital Adequacy Requirements (CAR), ensuring consistent application across all lines of business, portfolios, products, and legal entities.
• Own and maintain the Bank's capital interpretation framework, including governance standards, approval thresholds, escalation protocols, documentation requirements and periodic review processes.
• Establish and maintain a centralized inventory of regulatory capital interpretations and assumptions, ensuring interpretations are clearly documented, traceable to regulatory guidance and implementation.
• Lead and manage the internal governance process for regulatory capital interpretations, coordinating effective challenge across Risk, Finance, Legal, Treasury, and business partners, resolving interpretive differences, and escalating material issues to senior management as appropriate.
• Serve as the primary point of integration across capital optimization, analytics, and regulatory advocacy activities, ensuring initiatives are aligned with governance standards.
• Lead or support discussions with the regulator on capital rule clarifications as required, in coordination with Regulatory Risk and senior management.
• Monitor regulatory capital developments in Canada and other major jurisdictions, assess interpretive implications, and ensure timely communication and alignment across stakeholders.
• Maintain a strong understanding of TD's balance sheet, businesses, products, and financial markets to inform interpretation judgment and governance decisions.

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD’s consolidated non-trading market risk, funds transfer pricing measurement framework, funding strategies and liquidity risk, and capital position. Enterprise Capital Management (ECM), within TBSM, is responsible for managing the bank’s capital adequacy and efficiency including the interpretation and application of regulatory capital requirements and capital optimization initiatives;

capital allocation methodology; oversight on subsidiary capital management; coordinating regulatory advocacy; developing and reporting on the banks internal capital adequacy assessment process; supporting the analysis of corporate development opportunities; and forecasting and analyzing TD B&G’s consolidated regulatory capital requirements.

Qualifications / Skills / Experience:

Knowledge or experience in the following areas is considered necessary:

• Minimum 8+ years of relevant experience in capital management, treasury, or risk management within a…