Work Location: Toronto, Ontario, Canada

Hours 37.5

Line Of Business Finance

Pay Details $108,800 - $163,200 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 Job Description / Accountabilities: Reporting to the AVP, Capital Interpretation and Optimization, the Senior Manager is accountable for the enterprise oversight, governance, and consistency of regulatory capital interpretations across TD. This role requires strong regulatory judgement, the ability to operate effectively in areas of ambiguity, and engage senior stakeholders and regulators on complex capital matters.

Key Responsibilities Include

• Lead the enterprise interpretation of existing, new and emerging regulatory capital requirements, including OSFI Capital Adequacy Requirements (CAR), ensuring consistent application across all lines of business, portfolios, products, and legal entities.
• Own and maintain the Bank's capital interpretation framework, including governance standards, approval thresholds, escalation protocols, documentation requirements and periodic review processes.
• Establish and maintain a centralized inventory of regulatory capital interpretations and assumptions, ensuring interpretations are clearly documented, traceable to regulatory guidance and implementation.
• Lead and manage the internal governance process for regulatory capital interpretations, coordinating effective challenge across Risk, Finance, Legal, Treasury, and business partners, resolving interpretive differences, and escalating material issues to senior management as appropriate.
• Serve as the primary point of integration across capital optimization, analytics, and regulatory advocacy activities, ensuring initiatives are aligned with governance standards.
• Lead or support discussions with the regulator on capital rule clarifications as required, in coordination with Regulatory Risk and senior management.
• Monitor regulatory capital developments in Canada and other major jurisdictions, assess interpretive implications, and ensure timely communication and alignment across stakeholders.
• Maintain a strong understanding of TD's balance sheet, businesses, products, and financial markets to inform interpretation judgment and governance decisions.

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 and liquidity risk, and capital position.

Enterprise Capital Management (ECM), within TBSM, is responsible for managing the bank’s capital adequacy and efficiency including the interpretation and application of regulatory capital requirements and capital optimization initiatives; capital allocation methodology; oversight on subsidiary capital management; coordinating regulatory advocacy; developing and reporting on the banks internal capital adequacy assessment process; supporting the analysis of corporate development opportunities; and forecasting and analyzing TDBG’s consolidated regulatory capital requirements

Job Requirements Qualifications / Skills / Experience: Knowledge or experience in the following areas is considered necessary:

• Minimum 8+ years of relevant experience in capital management, treasury, or risk management within a financial institution.
• Strong knowledge and understanding of financial services industry. Previous experience with regulatory rule interpretations or capital experience is considered an asset.
• Proven ability to lead governance processes, drive consensus across functions, and provide effective challenge at senior levels.
• Experience engaging with regulators, auditors, or senior internal governance bodies on complex matters.
• Strong digital and analytical literacy, including the ability to work effectively with modern analytical tools, automation and AI-enabled insights to support governance, interpretation, and decision-making.
• Excellent written and verbal communication skills, with the ability to synthesize complex regulatory topics for senior audiences.
• Well-developed interpersonal, organizational, and negotiation skills.
• Ability to plan, manage and prioritize multiple responsibilities while meeting tight deadlines.

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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