Associate - Product Control Prime Brokerage

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Finance

Pay Detail:

$90,000 - $125,000 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 Wholesale Banking Finance Group is responsible for developing and delivering financial strategy, information, and management support within TD Securities (TDS).  A key function within the department is the oversight and governance related to execution and reporting of daily P&L & controls, and monthly close of TDS Financials, in support of TD Securities' business objectives. To ensure the accuracy, valuation, and reporting of financial instruments for financial accounting purposes, the successful candidate will work with different stakeholders to ensure that business lines adhere to policies and procedures, and controls are effective.

Job Description

Within Controller & Chief Accountants in Finance, The Product Control Function is a team of professionals with deep product, business and controlling expertise covering the end-to-end accountability for financial results in support of TD Securities.  The team will be responsible for maintaining, executing, and providing oversight of the financial controls for all TDS business lines.  The team will also provide financial analysis and advice to key control partners and the TDS front office.

TD Securities is looking for a broker-dealer accountant to join its Product Control division in New York City. Associate – TDS Finance – U.S.  - Controller function for TD's U.S. Wholesale entities.

The successful candidate will be responsible for the team’s effort in accurate and timely reporting of its IFRS and GAAP books and records and regulatory filings for its U.S. broker-dealers as well as non broker dealers. Specific responsibilities will include, but are not limited to:

• Assist in the daily P&L process across the different areas of Equity Markets.

• Assist in the coordination, preparation and management of our timely month end close.

• Review month end balance sheet & income statement for respective product areas ensuring reconciliations are accurate with respect to correct GAAP & regulatory treatment.

• Liaise with all external & internal audit counterparts as well as operations and financial operations teams. Responsible for efficiently driving audits to completion.

• Analyze financial information with a key focus on control and addressing new requirements, including new reporting.

• Assist with the integration planning and implementation as TD Cowen looks to fully integrate with TDS.

• Help implement new P&L attribution reporting.

• Assist with the controls over intercompany activity across TDS entities.

• Prepare and hold monthly meetings with the Equities Business.

• Provide Commentary to Legal Entity, FP&A and Regulatory Controllers on P&L and Balance Sheet variances.

Qualifications:

• Bachelor degree in Business/Accounting/Finance (accounting designation is preferred but not required)

• 3-5 Years of related experience

• Organized, detail oriented and self-motivated individual with strong analytical skills

• Basic knowledge of derivatives

• Highly proficient with Microsoft Excel

• knowledge of subledger systems (BPS/Impact) a plus.

• Ability to work within deadlines while still providing a high-quality work product

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The Senior Finance Analyst TDS provides planning, forecasting, reporting and financial analysis support for assigned line(s) of business and/or at the total segment level under the guidance of financial management. In addition, the Senior Financial Analyst TDS provides highly specialized financial consulting and analytical support at the assigned line(s) of business or total segment level identifying key emerging financial trends, measurement of