Retail Card Services - Revenue and Expense Sr. Manager

Work Location:

United States of America

Hours:

40

Pay Details:

$110,760 - $178,880 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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.

Line of Business:

Business Management, Strategy & Support

Job Description:

The Revenue and Expense Manager is a pivotal role within the Strategy and Optimization team, reporting directly to the Head of Strategy and Optimization. This position is focused on delivering, tracking, and measuring revenue and expense initiatives to support Retail Card Services strategic goals.

Key responsibilities include:

• Revenue Enhancement: Implement strategies to increase revenue from existing products and explore new revenue opportunities. This includes identifying market trends, customer needs, and potential areas for growth.
• Expense Management: Develop and execute plans to reduce both variable and fixed expenses, ensuring operational efficiency and cost-effectiveness. This involves analyzing current spending patterns and identifying areas for improvement.
• Initiative Tracking: Monitor and track the progress of revenue and expense initiatives, ensuring that they are on track to meet targets. Use data and analytics to provide regular updates on performance and outcomes.
• Performance Measurement: Establish and track key performance indicators (KPIs) to measure the success of various initiatives. Provide detailed reports and insights to the Head of Strategy and Optimization.
• Collaboration: Work closely with other departments to ensure alignment and support for revenue and expense initiatives. Foster a collaborative environment to achieve shared goals.
• Reporting: Prepare and present detailed reports on revenue and expense performance, highlighting successes, challenges, and areas for further improvement.

The ideal candidate for this role will have strong analytical skills, a deep understanding of financial management, and a proven track record in both revenue generation and cost optimization. Excellent communication and collaboration skills are essential, as this role requires working closely with various departments and presenting findings to senior leadership. The Revenue and Expense  Sr. Manager will play a critical role in driving the financial success of the organization through strategic and well-executed initiatives.

Depth & Scope:

• Oversees and leads a large and/or highly complex, and diverse business management function for an area of significant risk, complexity or scope
• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
• Facilitates key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.)
• Sets operational team direction and collaborate with others to execute on common goals
• Focus on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Undergraduate degree
• 10+ years relevant experience

Customer Accountabilities:

• Develops, communicates and implements a holistic strategy for own specific business management function in support of and integrated with the overall business strategy
• Oversees / leads / manages and plans a work activities that may require alignment across multiple areas
• Leads the team in the development and/or integrated implementation of policies / processes / procedures / changes across multiple functional areas
• Leads partner to management and respective teams for area of specialization with industry, external and internal, enterprise and business awareness; recognizing and anticipating emerging trends and; identifying issues and o