Manager, Product Control (US)

Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$115,000 - $145,000 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.

Line of Business:

Data & Analytics Job Description:

Job Posting Title: Manager, Product Control Commodities

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 fair value, 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 Team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy and timeliness of optimized processes and controls for financial reporting. Product Control is the primary point of contact on P&L, Balance Sheet, Attribution, and Independent Pricing Verification & Valuation Adjustments reporting and initiatives, exercising an in depth understanding of the products, valuations, and risks of the Business. The Product Control team provides controllership, reporting, analysis, investigation, and commentary for a wide range of TD Securities business lines including equity derivatives, fixed income, credit derivatives, commodities, foreign exchange, and more.

As a Manager covering Commodities in the Product Control Team, you will:

• •Oversee and/or manage specialized team supporting various product control functions for the TD Securities business.
• •Ensure strong financial controls and efficient processes around the P&L, Attribution, Balance Sheet, and Independent Pricing Verification and Valuation Adjustment processes for TD Securities.
• •Lead a high performing team to achieve business and operational objectives, maintain effective practices and deliver quality service consistent with TDS business objectives.
• •Grow team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered.
• •Review/approve the work of others as it relates to area of specialized support and maintain appropriate level of oversight as per executive management direction.
• •Act as a business product control function and the financial guardian of the TDS sales and trading activities.
• •Ensure overall Product Control function conducts independent validation of the value of the trading portfolios / books.
• •Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• •Oversee research, development and implementation of new processes, technologies, or operating models.
• •Develop and maintain effective working relationships with internal and external partners for the purposes of delivering optimal customer service.
• •Act as subject matter expert and primary escalation point for own area and provide guidance / advice and recommendations to support dealings with internal / external partners.
• •Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary.
• •Work with the businesses and the new business product groups to evaluate and integrate new products and businesses into our financial environment and build in appropriate controls to ensure integrity for financial records.
• •Provision reliable and meaningful financial information to business managers, external stakeholders, and other relevant internal stakeholders.
• •Work closely with the trading desk, trade support, syndicate accounting, technology, financial control, and other infrastructure areas to ensure timely and accurate reporting of financial results.
• •Proactively partner with and support the business to develop business, financial, operational, and/or strategy for the organization.
• •Ensure alignment between business and enterprise financial goals / thresholds.

Job Requirements

• •Extensive experience in valuations or controllership for commodities, metals, or energy is a requirement.
• •Previous people management experience, proven leadership skills and a passion for coaching and development.
• •In-depth knowledge and experience working with capital markets, financial derivatives, valuations, accounting, and control practices.
• •Proven ability to inspire and motivate teams towards progressive change and a broader vision.
• •Keeping abreast of emerging issues, industry trends, new technologies and evolving regulatory requirements to proactively assess potential impact.
• •Proven ability to build strong working relationships with business partners, stakeholders, and colleagues at all levels of the organization.
• •Strong understanding of capital markets and regulatory environment.

Additional Information

• •Pursuit or completion of professional accreditation (CPA/CFA/MBA) is an asset.
• •Undergraduate or graduate degree in Finance, Accounting, Mathematics (Engineering, Physics, Computer Science) or other quantitative disciplines
• •Capital markets, finance, accounting, mathematics, or equivalent quantitative disciplines
• •7+ years related experience.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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

• 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.

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