Work Location :
New York, New York, United States of America
Hours:
40
Line of Business:
Finance
Pay Detail:
$225,000 - $285,000 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:
The Head of Finance, TDS, US Regulatory Reporting reports to the Chief Financial Officer for TD Securities USA and focuses on the reporting of the Broker Dealer. The Head of Finance is responsible for understanding of the Wholesale Banking group and its initiatives and projects, including regulatory reporting for the other US legal entities and the implementation of the requirements under Dodd Frank in particular Section 165, the intermediate holding company rules.
Depth & Scope:
Oversees and is responsible for regulatory reporting for the Broker Dealer (FOCUS, 15c3-3. daily net capital etc) and the non-Bank FRB reporting (FRY-7N).
Oversees Broker Dealer's annual accounts
Responsible for Broker Dealer management reporting
Produces monthly packs for Broker Dealer Committee and act as delegate for CFO for this and other forums
Represents Finance at Broker Dealer Board meeting and other key senior management meetings
Acts as key contact for external audit and FINRA reviews
Liaises with Toronto and Business Leaders on projects and new product initiatives
Leads manager on all Broker Dealer related requests
Documents, manages and implements all associated controls and governance
Integrates controls and processes with regulatory reporting with the wider TD business model
Meets requirements of SEC requirements, monitoring and implementation of new rules (17a-5 etc)
Responsible for 17H production and monitoring and liaison with regulator
Manages internal audit reviews and queries
Understands and implements changes to US GAAP and IFRS
Education & Experience:
Bachelor degree in Business/Accounting/Financial Management (accounting designation is preferred but not required)
7+ years related experience
Sound knowledge of the US business and regulatory environment.
Previous experience in a Financial Controller function
Extensive knowledge of regulatory, financial and management reporting
Demonstrates relationship building, people management and leadership skills with the proven to ability to make things happen through use of impact and influence
Collaborative, team player with advanced facilitation, presentation and consensus building skills
Proven analytical skills and sound judgment in a dynamic business environment
Thorough understanding of Wholesale Banking/Capital Markets businesses
Demonstrates time management and organizational skills to meet tight deadlines as well as flexibility to adapt to changing priorities
Confident presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with business and senior management at all levels
CPA qualified
Professional Licenses: Series 27
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.
