Work Location :
New York, New York, United States of America
Hours:
40
Line of Business:
TD Securities
Pay Detail:
$80,000 - $103,000 USD
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:
Position Title: Finance Analyst (L9)
Business Unit: TD Securities
Division/Region: TD Securities USA (New York/Canada)
Report Location: Hybrid (Will be in office 4 days a week starting in November)
Hours: M - F
8:30 - 5:00
Overview
TD Securities US Finance is a part of the wider TD Securities Finance group, as one of the three regional finance groups for the Wholesale Banking segment of TD Bank Group it has a key role in the USA providing support in financial, management, liquidity, and regulatory reporting. In addition, by its nature as a primary control and support group in the region, TDS Finance USA provides business information supporting projects and initiatives often as the liaison with the other groups and segments both in the US and Canada but also with the other regions (UK and Singapore).
Specific Accountabilities Include:
Oversight of financial reporting close process for NY Branch business units.
Produce a monthly package for executive reporting including variance commentaries for senior management.
Assisting with preparation, analysis, and proper documentation of monthly accounting entries (US GAAP vs IFRS differences)
Assist with the preparation and support of various accounts (including accruals, intercompany reconciliations, compensation)
Assisting with internal audit and governance requests, including preparation of reconciliations, organizing documents, and responding to inquiries.
Improve data accuracy, and support data-driven decision-making.
Adherence with firm's chart of accounts, account reconciliation and attestation policy, including liaising with Operations & Reconciliation Control teams to resolve issues.
Work collaboratively with Regulatory reporting team, Financial Operations teams to prioritize Regulatory remediation initiatives.
Support Governance related tasks/mandate and work closely with Compliance and 1B business partners to understand and satisfy requirements, if needed.
Action opportunities to improve and further automate existing processes and reporting within area of responsibility including the use of tools such as Alteryx.
Work closely with the manager to build strong data/process governance and key controls and analytics for Regulatory/financial reporting deliveries.
Support other key departmental projects and initiatives as assigned by manager.
Maintain and build strong internal controls upon existing procedure documents and processes by updating and performing ongoing review of all information required to support reports; includes information gathering from source systems and working with business partners to source required information and maintenance of up-to-date standard operating procedures.
Specific Requirements / Accreditations:
Bachelor's degree in accounting (Masters a plus) - CPA or CPA candidate a plus
6+ years post-undergraduate experience in public accounting and/or financial services
Organized, detail oriented and self-motivated individual with strong analytical skills.
Very good understanding of accounting principles and GAAP (IFRS is a plus)
Proven analytical skills and sound judgment in a dynamic business environment.
The ability to translate high volumes of /complex reporting requirements and data into simple, consistent, and sustainable processes.
Demonstrated data aggregation and reconciliation skills.
Strong sense of process and data governance and strong attention to detail.
Demonstrated time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities.
Understanding of Wholesale Banking/Capital Markets businesses, products and associated balance sheet and P&L
Collaborative, team player with ability to work individually.
Advanced Excel and MS Access skills required and Alteryx skills/knowledge a plus.
Demonstrates the ability to manage up as well as laterally with business partners.
Confident communication skills and strong interpersonal skills to facilitate working with business and senior management at all levels.
Ability to work within deadlines while still providing a high-quality work product.
Highly motivated individual with a proven track record to deliver results and ability to work independently and as part of a team.
The Specialized Finance Analyst, TDS performs a variety of specialized finance functions in a particular finance area(s) on an entry-level basis.
Depth & Scope:
Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of speciality
Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
May support projects or workstreams within broader projects with moderate risk or complexity and may be accountable for managing ongoing activities, processes and functional programs
Works within broad guidelines / policies and independently performs tasks from end to end
May be responsible for solving moderately complex problems by taking a new perspective on existing solutions
Exercises judgment based on the analysis of multiple sources of information
Conveys business @context when providing guidance within field of specialty to internal or external stakeholders
Work performed under minimal management guidance and supervision
Identifies and leads problem resolution
Education & Experience:
Undergraduate degree and/or
3+ years relevant experience preferred
Accounting, financial or relevant professional designation preferred
Customer Accountabilities:
Specializes in particular areas according to established policies and procedures and applicable legal and regulatory guidelines
Communicates and meets regularly with partners to support and develop an understanding of their business
Responds to partner requests on a timely basis
Interacts with internal/external partners, organize meetings/ events or facilitate learning sessions/ presentations for dissemination of information
Identifies and implements opportunities for improvement to processes, controls, tools, fine tuning forms, tracking, reporting, etc. for the functions supported
Contributes to regular reports of the Bank's financial condition and/ or assigned regulatory reports (e.g., activities related to the month-end financial closing, which details the Bank's month-to-month financial condition)
Reviews assigned less complex monthly financial activity and ensure transactions are appropriately recorded in proper accounts
Researches discrepancies and makes corrections and updates as necessary
Coordinates and may lead policy related meetings / discussions and address any implementation issues / concerns
Supports the development, implementation and understanding of training material, reports, presentations and procedures for new policies and/or processes
Conducts impact assessments on employees when changes in policies/processes are proposed
Shareholder Accountabilities:
Contributes to various operational activities and processes as assigned
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
Be knowledgeable of practices and procedures within own area of responsibility and keeps abreast of emerging trends for own functional area
Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high risk activities as necessary
Conducts internal and external research projects; support the development / delivery of presentations / communications to management or broader audience
Conducts reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
Monitors service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist
Acquires and applies expertise in the discipline, provide guidance, assistance and direction to others
Identifies, recommends and effectively executes standard practices applicable to the discipline
Adheres to internal policies/procedures and applicable regulatory guidelines
Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies
Employee/Team Accountabilities:
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
Supports the team by continuously enhancing knowledge / expertise in own area and participates in knowledge transfer within the team and business unit
Keeps current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participates in personal performance management and development activities, including cross training within own team
Keeps others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provides training and/or guidance as appropriate.
Contributes to a fair, positive and equitable environment that supports a diverse workforce
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
Physical Requirements:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
Domestic Travel - Occasional
International Travel - Never
Performing sedentary work - Continuous
Performing multiple tasks - Continuous
Operating standard office equipment - Continuous
Responding quickly to sounds - Occasional
Sitting - Continuous
Standing - Occasional
Walking - Occasional
Moving safely in confined spaces - Occasional
Lifting/Carrying (under 25 lbs.) - Occasional
Lifting/Carrying (over 25 lbs.) - Never
Squatting - Occasional
Bending - Occasional
Kneeling - Never
Crawling - Never
Climbing - Never
Reaching overhead - Never
Reaching forward - Occasional
Pushing - Never
Pulling - Never
Twisting - Never
Concentrating for long periods of time - Continuous
Applying common sense to deal with problems involving standardized situations - Continuous
Reading, writing and comprehending instructions - Continuous
Adding, subtracting, multiplying and dividing - Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
Who We Are
TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.
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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more (http://hrportal.ehr.com/tdtotalrewards)
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.
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
TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.
