Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Product Management

Pay Details:

$91,200 - $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 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:

Department Overview:
Real Estate Secured Lending (RESL) is a dynamic and complex business. You'll have opportunities to gain foundational knowledge, skills and specialized expertise that's transferable throughout the Bank. And because of our size, scale, unique distribution channels and operating environment, you can also grow and advance your career for many years within the business.
This is a place where you make a difference. Anchored by our inclusive culture, you'll work smart, fast, and build your network. You'll be supported in your career journey, receive thanks and rewards for your impact, and you'll have some laughs along the way.

Ready for a bigger challenge?
Within RESL, we are transforming the business by creating home financing experiences that are easy, drive value for our customers and provide specialized advice. This is a fast-paced environment, so we seek self-motivated individuals who want to work in a high-impact business unit.

RESL Pricing is one of the most powerful management levers available to steer the long-term profitability of the Canadian Personal Bank. Reporting to the Senior Group Product Manager, RESL Pricing, the Product Manager, RESL Pricing and Hedging Optimization will be accountable for expanding our capabilities, insights and business assumptions in managing the interest rate exposure risk in the mortgage and Flexline portfolio.

The role involves working closely with our Treasury and Balance Sheet Management (TBSM) partners to design and implement strategies to hedge non-trading interest rate risk in the Bank related to RESL and optimize product margins.

Accountabilities include but are not limited to:

• Provide accurate forecasting of volume by client segments and exposure to interest rate risk considering business outlook, pricing strategy and product enhancements.

• Provide updates on RESL product & volume performance and pricing strategy to TBSM and initiate, discuss and align on changes in hedging assumptions with TBSM as required.

• Enhance the monitoring process and regularly monitor (intra and end-of-month monitoring) of funding ratios and hedge performance across various client segments and channels.

• Act as the RESL subject matter expert in transformational initiatives to improve data, insights and process capabilities in the hedging process.

• Provide subject matter expertise on RESL pricing to enhance the measurement and management of interest rate risk via the hedging process.

• Review sources of RESL funding and build tools to optimize allocation of funding sources per RESL needs.

• Collaborate with various partners in TBSM, Finance, Treasury, Analytics, and Technology to achieve business objectives.

• Participate in the day-to-day management of the product(s), identifying and implementing product features and enhancements, providing business case support of recommendations, and assisting in the strategic development of new initiatives.

• Deliver financial results for the product / product suite via operation of all available 'levers' (viz., pricing, margin, volume)

• Communication of key proposals, findings and analysis through memos, slides, and personal interaction with RESL senior management.

Job Requirements:

• 7+ years relevant experience

• Prior experience in Treasury, Finance, RESL, Pricing will be highly preferred.

• Undergraduate degree and/or product management certificate.

• Advanced knowledge of Excel and storytelling using data & insight.

• MBA and/or prior management consulting background will be useful.

#LI_Commercial

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet