Director - Finance, Group Manager

Work Location : New York, New York, United States of America Hours: 40 Line of Business: TD Securities Pay Detail: $190,000 - $210,000

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is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our 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: Director

• Finance, Group Manager Role and Responsibilities:
• The senior manager is accountable for ensuring accurate and timely reporting for the income statement and balance sheet for Global Equities Derivatives businesses in TD Securities. This role will liaise with Front Office, Information Technology, Risk, Finance and other control functions and key stakeholders.
• Acting as key advisor to the front-office, Risk, Finance, and other key stakeholders for the coverage businesses, providing insight and analysis of the financial results. Specific activities would include the following:
• Manage a team of talented controllers supporting the P&L validation processes and P&L attribution metrics for Volcker Reporting.
• Responsible for key controls and sox controls review and sign off.
• Accountable for the accuracy of P&L and Balance Sheet through robust substantiation.
• Inform senior management and key stakeholders of any significant irregularities.
• Review and approve new product and material business changes.
• Identify opportunities to improve/streamline processes leveraging AI technology.
• Proactively monitor all operational issues pertaining to the trading portfolios assigned. Skills:
• Strong financial and business acumen
• Skilled relationship manager with developed management and collaboration skills to work with a variety of stakeholders
• Ability to lead and influence
• Promote a positive work environment that encourages teamwork, productivity, innovation, creativity, analysis, and advice.
• Demonstrate resiliency in the face of new problems and/or challenges while adapting quickly to change
• Adhere to relevant compliance, professional standards, and regulatory and bank policies
• University degree with a professional accounting/finance designation (i.e., CPA, CFA, CMA) or an MBA is an asset
• 10+ years' experience in Product Control preferred specific experiences in Equity Derivatives and Equity Financing businesses in a large financial services organization
• People Management experience leading large teams ______________________________________________________________ The Director
• Finance, Group Manager, TDS oversees a team of Business Finance professional roles that provide strategic financial analysis, insights, decision support and/or reporting results and/or provide guidance and advice to various internal and external stakeholders. Depth & Scope:
• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Oversees a team of Finance professionals for key business segments or a significantly large part of the organization
• Requires in-depth shareholder and/or broad financial and business perspective
• Scope may include integration of activities and Finance support for several key business lines
• Focuses on longer-range issues dealing with and solving highly sensitive, confidential and/or multifaceted and complex financial management issues
• Primary interface and high level resource to Business leaders on financial performance measures/business objectives/goals
• Integrates knowledge of the enterprise function’s or business segment’s overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise
• Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements Education & Experience:
• Undergraduate degree
• 10+ years of relevant experience
• Accounting or financial designation preferred
• People Management experience Customer Accountabilities:
• Develops and maintains good relationships with internal Finance business/specialized Finance partners and other stakeholders
• Effectively communicates relevant/meaningful recommendations on a range of finance management issues or related operational processes to all levels within the organization
• Ensures team collaboration with partners on business problems/issues and provides fact-based analytical advice that aligns to strategy and drives shareholder value
• Liaises and effectively interacts with internal/external auditors/regulators where applicable and ensures appropriate action is taken where required
• Acts as subject matter expert as practice resource lead for own area and provides guidance/advice and recommendations to support dealings with internal/external partners
• Contributes to the analysis, due diligence and execution of potential business restructures, acquisitions, joint ventures and/or divestitures within own area of responsibility and ensures appropriate Finance areas are involved where necessary
• Develops and/or assesses significant business cases/new initiatives applying expertise and ensuring criteria for own area are met (e.g., taxation, accounting practices, forecasted rates of return, evaluate outcomes, test assumptions, interface with others for appropriate input, identify benchmarks)
• Manages/coordinates client requests for finance support and/or reports, ensuring that solutions balance and address business partner needs with overall Finance capabilities
• Provides range of strategic support through teams assigned on portfolios/journeys, and provides relevant Finance insights/expertise and guidance to the program
• Participates on internal/external committees as appropriate to provide advice/counsel to business/finance partners and/or represent TD's interests Shareholder Accountabilities:
• Plans resources and executes on strategic resourcing/professional practice related activities, reviews and communicates team results, and adjusts methodologies/curriculum accordingly
• Leads/supports the execution on the annual business plan to deliver results aligned with internal and/or partner business strategy
• Manages overall budget, revenue and expenditures, to help meet business objectives while increasing efficiency and effectiveness
• Leverages data systems and various sources to ensure team is equipped to formulate well defined solutions to solve business problems
• Proactively identifies key business opportunities, research and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement
• Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise
• Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high risk transactions/activities as necessary
• Identifies/recommends/supports the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
• Maintains a culture of risk based management and control, supported by effective processes in alignment with risk