Treasury Manager, Liquidity Regulatory Compliance & Advisory

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$96,900 - $136,800 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

Department Overview

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank’s non-trading market risk, liquidity risk, and capital position.

The Enterprise Liquidity Management team within TBSM ensures the Bank maintains sufficient cash, investments, and funding to operate effectively during both normal and stressed conditions. The team identifies, measures, and forecasts liquidity needs and risks, ensures costs and drivers are well understood, and takes actions to maintain a strong risk profile. The team works with partners across the Bank to manage liquidity risk and to ensure that liquidity regulatory reporting is accurate and in compliance with regulatory expectations.

Job Description

The Treasury Manager on the Liquidity Regulatory Compliance & Advisory (LRCA) team plays a key role in ensuring TD’s compliance with OSFI liquidity regulations and advising on the interpretation and application of regulatory requirements across the Bank. The role focuses on regulatory compliance assessments, interpretation of guidance, advice on appropriate regulatory treatment for new business or products, and support for strategic enhancements to liquidity regulatory reporting.

This role is uniquely positioned to have an enterprise-wide perspective across all business segments for liquidity reporting, including Canadian Retail, U.S. Retail, and Wholesale Banking. The LRCA team also collaborates closely with a large number of stakeholders, including other Liquidity Management teams, Liquidity Risk Analytics & Reporting, Technology, and the second line of defence (Risk Management).

This role is well-suited to someone who enjoys working with complex regulatory guidance, has strong critical-thinking skills, and is comfortable producing detailed, formal written documentation. A significant portion of the role involves reading and interpreting regulatory requirements, assessing regulatory intent and applicability, documenting rationale and judgments, and supporting effective internal review and challenge. In addition to core compliance activities, the role also offers opportunities to support ad hoc analysis and strategic initiatives related to liquidity management, as well as preparing materials and presentations for an executive audience.

Key accountabilities include: 

• Perform ongoing compliance assessments to ensure adherence with liquidity regulatory requirements, including OSFI’s Liquidity Adequacy Requirements (LAR) and Guideline B-6 (Liquidity Risk Management Principles).

• Develop and maintain an in-depth understanding of liquidity regulations, TD’s businesses and products, reporting processes, and liquidity risk management frameworks and policies.

• Assess regulatory compliance across business activities and reporting segments, exercising sound judgment and critical thinking to form defensible conclusions.

• Collaborate and build strong working relationships with other Liquidity Management teams across Canadian Retail, U.S. Retail, and Wholesale Banking, as well as Liquidity Risk Analytics & Reporting, Technology, and the second line of defence (Risk Management).

• Participate in or lead working group meetings to understand the liquidity reporting processes, assess any changes required, and identify any potential compliance gaps.

• Maintain clear, detailed, and audit-ready documentation of compliance assessments, regulatory interpretations, identified findings, and remediation plans.

• Act as a risk owner by submitting compliance assessments to the second line of defence, responding to review and challenge, and supporting effective review and challenge of the first line assessments.

• Act as a risk owner within the Enterprise Regulatory Compliance Management (RCM) program to ensure Liquidity meets all program requirements in a timely manner.

• Serve as a subject matter expert on liquidity regulatory requirements and apply knowledge and critical-thinking skills to provide advice on regulatory interpretation, treatment of new business or products, and remediation approach for identified issues.

• Support strategic enhancements to liquidity reporting and measurement by reviewing business requirements for new system build (e.g., Project LEAP) and developing new liquidity measurements or methodologies (e.g., EWI revamp or enhanced collateral measurement framework).

• Provide ad hoc analytical or advisory support to the VP of Liquidity Management or the broader Enterprise Liquidity Management team, as required.

• Provide ad-hoc support to the VP or the wider Enterprise Liquidity Management, as required.

Job Requirements

• Relevant experience in Treasury, Liquidity Risk Management, Risk Management, and/or Regulatory Compliance; direct experience with regulatory compliance activities would be an asset.

• Demonstrated ability to read, analyze, and interpret complex regulatory requirements, including assessing regulatory intent, identifying applicability and implications, and conducting in-depth research to support well-reasoned, defensible interpretations.

• Excellent written communication skills, including the ability to prepare detailed compliance documentation, regulatory interpretation summaries, and executive-level materials that clearly demonstrate compliance with regulatory requirements or explain rationale of regulatory interpretations.

• Strong organizational and time management skills, with the ability to manage multiple deliverables, investigations, and open action items, while maintaining well-structured documentation.

• Strong interpersonal and stakeholder management skills to maintain effective working relationships with key stakeholders across various teams involved in Liquidity Management, Liquidity Reporting, Technology, and Risk Management.

• Strong analytical and problem-solving skills, including comfort working with large datasets, reconciliations, investigations, and open-ended judgment-based questions.

• Advanced Excel skills are required to comfortably manipulate and work with large data sets; knowledge of SQL or Python would be an asset.

Education & Experience Requirements:

• Minimum 5 years of experience in finance-related fields such as bank treasury, risk management, regulatory compliance, or capital markets; familiarity with liquidity regulations (LCR, NCCF, NSFR) is strongly preferred.

• Undergraduate degree in Business, Finance, Economics, Mathematics, Accounting, Risk Management, or a related field.

• Post-graduate education or professional designations (e.g., CFA) would be an asset.

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line.

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 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