Treasury ALM Manager

Description

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Department Overview:

The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD’s consolidated non-trading market risk, funds transfer pricing measurement framework, funding strategies, liquidity risk and capital position.

TBSM prides itself on fostering a culture that emphasizes development, open‑mindedness, shared success, strong partnerships and value‑add initiatives. Significant emphasis is placed on developing people through a teaching culture, collaboration across teams and a commitment to diversity and inclusion to create an environment where individuals are encouraged to grow, challenge ideas constructively and contribute meaningfully to Treasury’s objectives.

Overview of Team and Individual Responsibilities:

The Asset & Liability Management (ALM) team within Treasury is responsible for the measurement, management and optimization of the Bank’s non‑trading market risk. The team plays a critical role in ensuring the institution remains financially resilient and strategically aligned by overseeing structural interest rate risk, balance sheet dynamics, hedging strategies and earnings sensitivity. Through disciplined analytics and risk identification, ALM supports Treasury’s mandate to deliver stable, sustainable earnings while operating within the Bank’s risk appetite and regulatory expectations.

The ALM Reporting & Analytics team is responsible for providing clear, timely and actionable insight into the Bank’s non‑trading market risks. The team delivers periodic risk and sensitivity reporting for Treasury leadership and governance forums, monitors risk positions against approved limits and explains key drivers and movements through disciplined attribution and analysis. In addition, the team conducts periodic reviews of risk measurement frameworks, methodologies and assumptions and leads ad hoc deep‑dive investigations in response to market events, business changes, or senior management requests.

The Treasury ALM Manager is responsible for the end‑to‑end production, validation and analysis of the Bank's non-trading and capital FX risk and will support the broader team mandate to deliver Regulatory I3 reporting and internal management reporting and analysis. The Treasury ALM Manager performs detailed attribution and variance analysis to explain movements in risk metrics, ensuring results are accurate, well‑controlled and clearly communicated. The role also supports framework and methodology reviews and ad-hoc investigations through data gathering, visualization and crafting clear business narratives based on underlying data.

Key Responsibilities:

• Produce and support monthly and quarterly risk and sensitivity reporting.
• Analyze activity impacting capital and capital-related accounts, ensuring transactions and associated FX and IRR risk impacts are transparent and well understood.
• Partner closely with Finance Operations and GL owners to navigate upstream GL data, ensuring transactions contributing to Non-Trading and Capital FX risk are accurately booked and captured in NTMR reporting.
• Take ownership of existing processes and identify opportunities to improve efficiency, controls, and analytical clarity.
• Analyze, validate and troubleshoot reported metrics, investigating discrepancies and escalating issues in line with established standards and controls.
• Perform attribution, variance and driver analysis to explain movements in risk metrics and sensitivities.
• Support framework and assumption reviews through impact analysis, testing and documentation.
• Deliver ad hoc analytical deep dives, with a focus on data gathering, visualization and translating results into clear business insights for senior management.
• Partner effectively with Treasury, Risk, Finance, and related teams to understand and deliver clear and concise financial results and analytical insights.

Technical Knowledge & Experience

• 7+ years of experience in financial services or consulting, with exposure to asset liability management, risk management, finance or accounting.
• Solid understanding of retail banking balance‑sheets, including Capital and Investment-in-Subsidiaries.
• Working knowledge of foreign-exchange risk, interest rate risk and balance sheet risk management concepts, including cash flows, present value, duration, convexity and sensitivities.
• Strong proficiency with analytics and data tools, including SQL, Excel and business intelligence / visualization platforms such as Tableau or Power BI.
• Experience building analytical reports, dashboards and visualizations to support risk analysis and business decision‑making.
• Exposure to data analytics techniques (e.g., data mining, statistical analysis or machine learning) and coding background considered an asset.
• Familiarity with QRM or other similar treasury management systems considered an asset.

Competencies & Personal Qualities

• Strong analytical, problem‑solving and conceptual thinking skills, with the ability to investigate issues, assess drivers and simplify complex topics.
• Excellent written and verbal communication skills, with experience presenting insights clearly to stakeholders across varying levels of technical background and seniority.
• Self‑starter with the ability to manage multiple priorities, meet deadlines and work with minimal supervision in a fast‑paced environment.
• High attention to detail, strong ownership mindset and a commitment to producing accurate, well‑controlled analytical outputs.
• Collaborative team player with strong relationship‑management skills and a passion for analytics, markets, and translating data into meaningful business insights.
• Adaptable and motivated to continuously improve processes, tools and analytical approaches.

Specific Educational Requirements:

• Post-secondary degree in a related field (ex. Finance, Math, Business, Economics)
• Professional accounting, finance, CFA, CPA, MBA, FRM, or similar designation considered an asset.

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.

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