Vice President – Finance Accounting - Regulatory Reporting

Work Location:

United States of America

Hours:

40

Line of Business:

Finance

Pay Detail:

$100,000 - $180,000 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

Job Description:

Preferred Qualifications:

The Regulatory Reporting Team is an integral part of the overall Finance – Accounting Function within TD Securities and its subsidiaries which supports the reporting responsibilities for the different US regulated entities as well as providing key metrics internally for management of business , risk and control purposes.  The team is responsible for the regulatory policy development and the related reporting production risk controls/processes as it relates to overall FOCUS reporting, net capital and customer protection as well as maintaining key relationships with both internal and regulatory stakeholders (SEC/FINRA/NFA/External Audit).

Overall Purpose:

The primary purpose of this Vice President role is to provide supervision and management support over the coverage over the key pillars of regulatory reporting, namely SEC 15c3-1 (Net Capital), as well as assist with FOCUS and SEC 15c3-3 (Customer Protection) related needs for management reporting along with the buildout of processes within the TD Securities integration. The role will entail primary engagements with key areas within TD Securities as its relates to the the US regulated entities which includes the institutional broker and swap dealers as well as key external stakeholders such as regulators and external auditors.  Additionally, the role will provide an opportunity in developing the key process and control risk management methodologies/best practices to enhance and ensure consistency across the  regulated entities, especially alignment through integration.  The role will also maintain the key lead in the team’s suite of  project initiatives while managing the transition its strategic automated state.

Key Accountabilities:

• Supervise the Finance Regulatory production team responsible for the requisite regulatory reporting and calculations requirements (Customer Protection FOCUS, & Net Capital) for the US regulated entities (institutional, swap and limited purpose dealers);
• Assist in the Weekly Customer Protection 3-3 Calculation, while working to build to a daily process;
• Assist in the monthly filing of the FOCUS and respective supplementals; SSOI, SLS, OBS, Form Custody, SIPIC, FR2004;
• Actively engage in integration initiative with respective counterparts
• Identity opportunities to enhance the production process through efficiencies, strengthen the reporting control framework through automation and contribute towards evolving the collaboration model across functional areas within and outside of Finance;
• Optimize the regulatory reporting results into useful analytics for internal management purposes of capital usage and customer protection lock up;
• Manage and coordinate the flow of regulatory exams and audits involving the regulated entities;
• Project manage in translating the tactical regulatory reporting processes into the desired strategic automated state:

Desired Skillset:

• Accounting/Finance Degree, CPA or CFA plus;
• FINRA Series 99 license required, can be obtained within 6 months of starting;
• Advance working knowledge and experience in the financial and regulatory aspects of broker dealers, specifically in 15c3-1, along with the business, product, operational and institutional knowledge;
• PC skills in mining, handling and automating large amounts of data in Excel or other TD Securities available platforms;
• Working Knowledge of Axiom (Adenza) & BPS and other regulatory system functionality. PeopleSoft, Impact, CG3 is a plus;
• Automation skills via Alteryx & PowerBI is a plus;
• Strong analytical, communication and project management skills with the ability to convey and articulate status/results to senior management;
• Strong process co