Treasury Manager, Wholesale Liquidity Risk Management

Work Location:

Toronto, Ontario, Canada

Hours:

37.5 Line of Business:
Finance Pay Details: $96,900 - $136,800 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.

Job Description:

Department Overview Treasury and Balance Sheet Management ('TBSM') manages TD Bank's Canadian and US P&C's non-trading market risk, consolidated liquidity risk (trading and non-trading), and capital positions. In addition, TBSM operates the Bank's funding, securitization, and capital management programs. The Liquidity Risk Management ('LRM') group’s mandate within TBSM is to manage the Bank's liquidity position for the Retail Bank (Canada) and Wholesale Bank (TD Securities, 'TDS') in accordance with the global liquidity risk management frameworks and policies.

Delivering on this mandate involves measuring and managing changes in TD's Retail and Wholesale Bank cash flows, liquidity levels, collateral pledging requirements, wholesale funding profile, and future needs - under normal and stressed conditions - relative to approved limits and the emerging global / regional regulatory liquidity standards.

The Manager, Wholesale Liquidity Risk Management, is an exciting opportunity to engage in the Bank's Liquidity Risk Management paradigms and apply it to the Wholesale Banking Business. The role offers an avenue to enhance knowledge of the TD Securities Wholesale Business, the financial products and balance sheets of the underlying businesses, along with the measurement and management of the liquidity risks inherent.

Job Description:

The Manager, Wholesale Liquidity Risk Management, is a key member of the Wholesale Liquidity Risk team working to advise, forecast, and manage the complex liquidity needs of TD Securities with a focus on risk assessment and advanced analytics, including forecasting.

• Actively participate and contribute to a team of finance and risk professionals responsible for TD Securities' liquidity risk management to ensure there are sufficient liquidity reserves to meet the needs of both regulatory and internal liquidity metrics
• Support the Senior Treasury Manager in managing and maintaining a robust forecasting process in support of the management and instructions of the Wholesale Bank's liquidity needs, including Liquidity Coverage Ratio (LCR), Net Cumulative Cashflows (NCCF), Net Stable Funding Ratio (NSFR), and internal requirements
• Work with various partners across TDS and the Bank to ensure the current liquidity position liquidity outlook and related balance sheet recommendations are clear and well understood
• Be a key advisor on the liquidity position to ensure that TDS businesses have actional insights and recommendations that could mitigate liquidity risk while achieving business line objectives
• Provide insights and analysis to continuously improve the Bank liquidity management and to advise senior management
• Support the Senior Treasury Manager on important liquidity initiatives, including annual policy reviews, regulatory inquiries, and ad hoc funding and liquidity analyses
• Ensure that appropriate policies, procedures, and accountabilities are documented and followed to maintain an effective and well-controlled process
• Collaborate closely with other Wholesale Liquidity pillars, including 'Assumptions & Methodologies' and 'Liquidity Applications & Implementations', to ensure successful management of new…