Treasury & Balance Sheet Management, Wholesale Liquidity Co-op/Intern
- Recruiter
- TD Bank
- Location
- Toronto, Ontario, Canada
- Salary
- Competitive salary
- Posted
- 16 Oct 2020
- Closes
- 19 Oct 2020
- Ref
- 287289BR
- Job role
- Treasury
- Experience level
- Entry level, Internship
TD Description
Tell us your story. Don't go unnoticed. Explain why you're a winning candidate. Think "TD " if you crave meaningful work and embrace change like we do. We are a trusted North American leader that cares about people and inspires them to grow and move forward.
Stay current and competitive. Carve out a career for yourself. Grow with us. Here's our story: jobs.td.com
Department Overview
Company Overview
All companies are not the same. What makes TD special as a business is also, what makes us special as an employer. Why TD?
TD's Colleague Promise : A better you. A better us.
A more confident you means a stronger us. We empower you to grow your skills, gain new perspectives, and create impact at work and in your community. That's our unique and inclusive culture.
Co-op and Internship opportunities allow you to gain valuable work experience across a number of the businesses at TD. You will work with experienced colleagues, receive world class training, and be part of a community of students across TD, where you will have an impact, grow as individual and experience our culture of care.
Our Momentum Program , is offered with select Co-op and Internship roles, and is designed to help you better understand the TD business, build on critical career capabilities, and broaden your professional network.
This program is designed to complement your on-the job experience and features:
Job Description
The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's Canadian and US: non-trading market risk, consolidated liquidity risk and consolidated capital position.
The Wholesale Liquidity team within TBSM supports the liquidity management and transfer pricing functions for TD Securities. The team defines the liquidity treatment for various products within trading business and actively manages the liquidity buffer for the entire TDS entity. This team is also responsible in attributing and reporting the funding/liquidity cost for each TDS business. Team members support the design of new products and product pricing.
The successful candidate will:
This placement will provide the successful candidate to:
Early Talent Requirements
Additional Information
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.
Tell us your story. Don't go unnoticed. Explain why you're a winning candidate. Think "TD " if you crave meaningful work and embrace change like we do. We are a trusted North American leader that cares about people and inspires them to grow and move forward.
Stay current and competitive. Carve out a career for yourself. Grow with us. Here's our story: jobs.td.com
Department Overview
Company Overview
All companies are not the same. What makes TD special as a business is also, what makes us special as an employer. Why TD?
TD's Colleague Promise : A better you. A better us.
A more confident you means a stronger us. We empower you to grow your skills, gain new perspectives, and create impact at work and in your community. That's our unique and inclusive culture.
Co-op and Internship opportunities allow you to gain valuable work experience across a number of the businesses at TD. You will work with experienced colleagues, receive world class training, and be part of a community of students across TD, where you will have an impact, grow as individual and experience our culture of care.
Our Momentum Program , is offered with select Co-op and Internship roles, and is designed to help you better understand the TD business, build on critical career capabilities, and broaden your professional network.
This program is designed to complement your on-the job experience and features:
- Leadership Talks with key Leaders from across the organization
- Lunch and Learns on topics such as Innovation, Diversity and Inclusion and Personal Branding
- Health and Wellness offerings such as Mindfulness and Yoga and so much more!
Job Description
The Treasury and Balance Sheet Management (TBSM) department of TD Bank is responsible for overseeing the management of TD Bank's Canadian and US: non-trading market risk, consolidated liquidity risk and consolidated capital position.
The Wholesale Liquidity team within TBSM supports the liquidity management and transfer pricing functions for TD Securities. The team defines the liquidity treatment for various products within trading business and actively manages the liquidity buffer for the entire TDS entity. This team is also responsible in attributing and reporting the funding/liquidity cost for each TDS business. Team members support the design of new products and product pricing.
The successful candidate will:
- Participate in monthly FTP process/production
- Speak to FTP results and how liquidity concept/treatment impacts the liquidity charge.
- Participate in initiatives to improve the quality, speed and accuracy of FTP results.
- Assist in further developing a methodology to calibrate FTP with TDS funding constraints
- Continue to refine processes to standardize attribution, analysis and presentation to management team of wholesale funding cost pool
- Support ad hoc sensitivity analysis requests from management and/or other areas of the Bank.
- Assist in preparation, updating of month over month FTP results and corresponding decks for various business lines
This placement will provide the successful candidate to:
- Enhance your communication skills through written presentations of complex analysis and presenting your work to stakeholders
- Gain deeper understanding for strategic decisions regarding Treasury and how these decisions are interrelated
- Influencing partners and stakeholders and negotiating solutions that are in the best interest of the Bank
- Potential to represent TBSM at key stakeholder meetings
- Support enterprise strategy with confidential analysis for TDS businesses
Early Talent Requirements
- Applications must include a transcript, cover letter (one letter-sized page or less) and a resume (maximum of 2 pages).
- We welcome all applications; however, we will only contact qualified candidates chosen for an interview. Thank you for your interest.
- TD requires employees to reside in the country where the role is located, irrespective of remote working arrangements
- High familiarity and strong skillset / experience with MS Office (particularly Excel and Powerpoint)
- Ability to handle competing priorities from multiple sources within organization; task switching
- Ability to translate data into narrative
- High level of engagement and curiosity required (incl. how products work, factors contributing to results, data flow/ spreadsheet audit)
- Strong interest in and familiarity with the features and characteristics of capital market products, Liquidity, Funds Transfer Pricing (FTP) concepts
- Strong interpersonal skills important as the work will be completed as part of a small team
Additional Information
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.