Director - Short Term Funding

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$175,000 - $185,000 CAD

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:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly diverse equity research franchise, while growing our strong, diversified investment bank.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

As the Director, North American Short-Term Funding - Canada, you will be responsible for leading the Canadian short-term funding program, with accountability for CAD funding execution and cash management with a focus on liquidity optimization.  The role focuses on domestic funding programs, ensuring strong market access, and aligning with enterprise liquidity and balance sheet objectives.

Specific accountabilities of the role include:

1. Canadian Short-Term Funding Program Ownership, Market & Client Engagement

• Own and evolve Canadian short-term funding programs (e.g., CAD issuance platforms), including product mix, tenor, and investor base.
• Define strategy for CAD funding diversification, cost optimization, and market positioning.
• Maintain relationships with Canadian investors, dealers, and internal sales teams.
• Collaborate with internal sales teams to optimize client participation across front end products and issuance programs.
• Represent Canadian funding in market forums and client discussions.

2. Execution

• Oversee daily funding execution across CAD books, ensuring liquidity sufficiency and cost-efficient funding.
• Drive execution activity (deposits, BDNs, etc.) and ensure program utilization is optimized.

3. Cash Management & Optimization

• Cash management across Canadian domiciled businesses, , cash forecasting, and funding P&L drivers.
• Own Canadian Funding desk's funding accrual and MTM P&L and all key performance drivers.
• Own risk taking within approved limits, ensuring disciplined execution, robust scenario analysis, and alignment with the firm’s broader risk strategy to express macro views.
• Partner with regional funding teams to execute short-term deployment of excess cash balances for the best return.
• Collaborate with Investment teams and be their back up on their portfolio investment management.

4. Team Leadership & Talent Development

• Foster a culture of analytical rigor, risk awareness, and cross enterprise collaboration.
• Recruitment and development of team members through education, training, mentorship and performance reviews.
• Be progressive & strategic in problem solving and target state mandate
• Make decisions with speed, simplicity, and agility
• Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank
• Acquire and develop diverse talent with progressive skillsets and expertise
• Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale
• Initiate actions to further improve your own and the team’s skills and performance
• Continuously look for opportunities for professional development.
• Show resilience and perseverance in the face of adversity
• Be client driven in decision making and planning
• Take ownership of decisions and accountabilities
• Communicate exceptionally in all organizational directions
• Role model TD Values, Shared Commitments & Leadership Profile

Requirements:

• 10+ years' experience with a treasury or capital markets context
• Strong knowledge of market and/or treasury concepts
• Solid understanding of Treasury function and their trading, valuation and risk management
• Ability to work with Front Office, Finance and Risk Management to enhance capabilities
• Technical background in regulatory frameworks (Basel Committee on Banking Supervision, Office of the Superintendent of Financial Institutions, Federal Reserve, Office of the Comptroller of the Currency)
• Excellent communication and stakeholder management skills
• Degree educated or higher from a leading academic institution

#LI-Onsite

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet