Role Type:

Work Term:

Work Location:

Hours:

Pay Details:

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 / TEAM

TDS Finance – Wholesale FTP

LOCATION

Toronto

BUSINESS/ DEPARTMENT OVERVIEW

The Wholesale FTP team within TDS Finance is responsible for managing the funds transfer pricing Liquidity Premium (LP) function for the Wholesale Bank. The principal objective of the Wholesale FTP function is to allocate FTP costs and benefits to TDS Business Lines based on external funding costs related to liquidity requirements, incentivize the right business behaviors within each TDS Business Line based on their overall strategic objectives, and ensure an accurate, transparent, and consistent framework for better strategic and tactical decision making within TDS.

INTERN RESPOSIBILITIES:

Projects/ Initiatives (Indicate the percentage of time dedicated for this – e.g., 80% AND the frequency i.e. monthly)

• Understand Wholesale bank funding structure and allocation methodology used to transfer price funding costs to individual businesses. Assist in strategic projects to implement methodology changes as needed. For example, the intern may be involved in assessing system logic to calculate accrual interest costs for funding products and derivatives. Capital markets knowledge or exposure is preferred.
• Assist in assessing and mitigating internal controls for End User Computing (EUCs) tools used in the Wholesale FTP framework. The intern will be involved in implementing best practices to ensure compliance with TD EUC standards and independent liquidity evaluation. For example, the associate may be involved in identifying governance gaps in reporting processes, change management protocols and ensuring sufficient second line of defense oversight, etc.
• Participate in annual planning and forecasting activities for investment banking and trading businesses in TD Securities.
• Identify opportunities for process improvements and develop new data automation and streamlining capabilities to enhance operational efficiencies.

60%, Project-based

Processes/BAU (Indicate the percentage of time dedicated for this – e.g., 20% AND the frequency i.e. monthly)

• Participate in month-end reporting activities to calculate liquidity premium costs allocated to Corporate & Investment Banking businesses and Global Markets trading businesses. Frequent interaction with front office may be expected.
• Document processes, procedures and controls.
• Assist with ad hoc data gathering

40%, weekly

REQUIREMENTS (Indicate both requirements below)

Program requirements –

Math/CPA/CS/Financial Analysis and Risk Mgmt/any quantitative discipline is preferred

Previous work experience in finance or treasury is preferred

Technical / Soft skills requirements

Excel and Excel Macros (strongly preferred), data analysis

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):