Director, Finance NYB Regulatory Reporting

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

170000 - 220000 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:

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:

Lead the regulatory deliverables associated with NY Branch for submission to FRB, US Treasury, BEA, etc.

• Lead dialogue with FinOps & Financial Control business partners to understand changes in accounting and financial results.

• Partner with Specialty Accounting to review US GAAP implications and ensure proper reporting of transactions for FFIEC – 002

• Ensure alignment with Enterprise Governance standards related tasks/mandate 

• Understanding data architecture and GL systems/pipelines to remediate gaps and make process improvements to regulatory reporting filings

• Manage a team of 3 on issue resolution based on strong understanding of data attributes, accounting standards, regulatory rules, and production steps. 

• Having a technology savvy approach to action process improvements and automate legacy processes including the use of tools such as Alteryx, PowerBi, etc.

• Review data elements based on 'Global Chart of Accounts' composition and trace accounting codes to product/business origin to check if regulatory mapping is fit for purpose.

• Keep current on regulatory rule requirements and any internal business changes (e.g. new businesses or product launched) and assesses downstream impacts to the regulatory reports.

• Ensure strong data/process governance and key controls that are pushed down by Compliance are implemented within reports

• Lead the alignment of current regulatory reporting processes with new processes as entities merge and systems integrate to ensure integrity of the regulatory reports being filed.

• Continuously develop strong understanding of best practices from regulatory supervisors.

• Escalate timely to executive management of errors, gaps, data quality issues, control breaks, key risk indicators, etc.

• Support key departmental projects and initiatives, executes on ad hoc deliverable requests related to audit, compliance, examinations, etc.

Specific Requirements / Accreditations:            

• Bachelor degree in Business/Accounting/Financial Management, with accounting designation preferred.

• 5+ years of financial services experience, preferably in capital markets.

• 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.

• Strong sense of process and data governance and strong attention to detail.

• Highly motivated individual with a proven track record to deliver results.

• A fluid, intuitive, and logical thinker with a high level of curiosity to learn and interest in determining and implementing process improvements.

• 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