Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TDB New York Branch

Pay Detail:

$200,000 - $280,000 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.

Job Description:

The Head & MD, Payments Client Solutions in TD Securities will lead the Client Solutions, Business Planning, and Industry Relations Management for TDS Payments. This role will serve as the lead for working with the TDS businesses, enterprise partners, and various Financial Market Infrastructures to identify and plan for the development of client payment solutions and payment standards across TDS globally.

The incumbent requires a deep understanding of payment operations and processing in a multinational financial institution. In this role, they will support our business partners by providing insights on industry standards and technology shaping the payments landscape as well as assessing and addressing client payment needs and pain points across the TDS global footprint.

TD Securities culture is founded in collaboration with a focus on people. The AVP will be responsible to ensure this culture is maintained throughout Payments Operations. The incumbent will be the executive who represents the team throughout TD Securities and the broader TD Bank

Depth & Scope

• Leads the strategic and tactical direction of the New York Operations team, ensuring alignment with the Global Operations strategy and mandate
• Ensuring that the day-to-day operational functions located in New York are running effectively and efficiently; this includes functions related primarily to Rates, Fixed Income, Funding, Cross Asset Trading and USBBS for the New York office
• Works in conjunction with New York based Front Office staff and functional Operations Department Heads in Toronto/London/Singapore (as required) to ensure that issues and concerns in the New York office are resolved in an expedient manner
• Acts as a local representative for Global Operations, ensuring a timely response to questions and concerns; engages in a variety of initiatives and discussions as required and when required, acts as a member of local executive management committees representing Global Operations
• Develops an expense budget consistent with the team's goals set out in the Global Operations business plan
• Engages with local regulators and internal/external auditors as local representative of Global Operations
• Works effectively with other areas of TD Securities maintaining an optimum level of operations standards
• Continuously reviews the organization to ensure it is achieving the business needs including organization structure, job specifications, skills development, career development and leadership development
• Develops and maintains sound knowledge of specific industries and keeps abreast of market and competitive forces in the United States and internationally
• Manages multiple processes and functions across an identified range of products and services
• Responsible for operating within documented risk parameters and ensuring exception/escalation processes are in place ensuring that risk parameters remain appropriate through periodic review and forward looking risk assessments
• Develops and maintains necessary functional expertise to deliver expected level of service
• Ensures knowledge transfer within TD Securities TDBFG
• Acts as a TDS representative in any relevant external and internal activities
• Acts as change leader for activities affecting the business I unit
• Promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
• Creates a positive work environment that inspires the will to win, promotes customer service, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
• Developing long-term strategy for teams and action plan
• Ensures that as a member of any committees or working groups that all duties and responsibilities are effectively managed and delegated when required

Experience:

• Bachelor's degree, or specialized training / equivalent work experience
• 7+ years related experience

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 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.

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.

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.