Manager, ALM, Treasury & Balance Sheet Management

Work Location
Toronto, Ontario, Canada

Hours
37.5

Line Of Business
Finance

Pay Details
$96,900 - $136,800 CAD

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 & Balance Sheet Management (TBSM) is responsible for measuring and managing interest rate, equity and foreign exchange risks in the non-trading portfolio of TD Bank, including Canadian and U.S. Personal and Commercial banking segments. TBSM is also responsible for Liquidity and Funding Management, Cash Management, Investment Strategy, Capital Management, and Funds Transfer Pricing.

Responsibilities
The Asset & Liability Management (ALM) team within Enterprise Treasury is responsible for the measurement and management of non-trading interest rate risk in the retail bank. The team also partners with the other stakeholders within both Treasury and product areas to ensure appropriate measurement and monitoring of market risk in the banking book. The mandate includes:

Development and performance measurement of ALM strategies,

Development and maintenance of non-trading market risk measurement frameworks and methodologies; and,

Ensuring appropriate measurement of market risk in the banking book.

This position requires a results-oriented individual whose responsibilities will include:

Assisting in the management of the mortgage pipeline, including hedging strategy in conjunction with business partners, pipeline analysis, and ongoing performance monitoring;

Participation in project initiatives to enhance the measurement and management of interest rate risk in the banking book;

Performing deep dives into retail product modelling and identifying necessary enhancements or areas of improvement;

Fostering strong relationships with all stakeholders related to non-trading market risk management within Treasury, Technology, and external business partners; and,

Communicating key proposals, findings and analysis through memos, slides, and personal interaction with Treasury senior management.

Experience And Education

3+ years experience in Treasury/ALM, Capital Markets, Risk Management, and/or Finance

Post-secondary degree in a related field (e.g. Finance, Business, Economics, etc.) is an asset

Dual background/experience in a quantitative field (e.g. Math/Engineering/Data Analytics) and Accounting/Finance is an asset

Technical Skills And Knowledge

General understanding of Asset & Liability Management principles and practices

Strong understanding of interest rate derivatives (e.g. interest rate swaps and swaptions) valuation principles

Knowledge of market risk concepts as they relate to retail banking products

Strong conceptual, analytical and problem-solving skills in the context of market risk measurement of banking book products

Data analytics capabilities to query, wrangle, analyze and derive insights from data, using tools such as SQL, Python, R, and Power BI

Soft Skills & Communication

Ability to work effectively with other teams to develop good business relationships

Ability to take the ownership and to drive a process/project forward

Ability to work independently in an unstructured and fast-paced environment

Excellent verbal and written communication skills

Good organizational skills, with the ability to prioritize and manage competing requirements simultaneously

Ability to effectively summarize and communicate proposals and findings to senior leaders and external stakeholders

Ability to exercise good business judgment in assessing, troubleshooting and resolving issues as they arise

Who We Are
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience.

TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
Our Total Rewards package reflects the…