Director Treasury & Payment Transformation

Toronto, Ontario, ca
Company: TD
Category: Finance
Published on 2021-04-23 02:19:47

Company Overview

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Department Overview

TD Securities (TDS) is one of the world’s leading wholesale banks with operations spread across 15 offices globally. It provides a full suite of products and services to corporate and institutional clients through Global Transaction Banking (GTB), Corporate and Investment Banking (CIB), and Global Markets (GM) that collaborate to provide high quality integrated financial solutions.

GTB is a key growth business within TDS that provides the opportunity to make an impact with top tier global Corporate, FI and Institutional clients by providing innovative solutions and treasury advisory services on large and complex liquidity, payment and trade needs.

Over the last decade, payments and trade have experienced unprecedented levels of innovation, new technologies & solutions, new entrants, new regulations and new opportunities/challenges. The business constantly changes. As a result, all GTB’s business lines, namely, Global Trade Finance, Export Agency Finance, Cash Management, and Financial Institutions, constantly evolve to provide optimum trade, liquidity and payment solutions to clients.

The Director of Treasury and Payment Transformation is a senior role within the Product and Client Solutions team that is critical to GTB’s success. The incumbent requires both deep understanding of GTBs’ businesses, strategy, risk appetite and clients, as well as excellent knowledge of industry changes that impact payment product and service offerings, considering both GTB Clients current needs and potential future offerings.

Job Description

The Director of Treasury and Payment Transformation role will be recognized as GTB’s Payment and Liquidity expert. Specific responsibilities of the role include:
  • Fulfil Lead GTB Business owner role in current active large-scale Transformational Payment initiative. Role to include.
  • Thorough and complete understanding of program, components and impact on GTB Clients
  • Maintenance including complete capture of, documentation and tracking of all Business requirements throughout entire Initiative
  • Active participation and/or oversight of other Product team member(s) in all program working groups impacting business
  • Ongoing evaluation of business impact and risk assessment throughout program including evolving program roadmap and timeline, scope and functionality decisions, PCR’s etc
  • Ownership of GTB Change Management evaluation and execution of changes
  • Maintaining strong working relationships with key program partners including Change Management, Technology, Operations etc., across teams in TDS and TD Enterprise
  • Creation of and maintaining internal business reporting and participation in Leadership reporting and program assessment
  • Acting as first point of contact on Program escalations and key decision evaluation
  • Lead or provide leadership and oversight over Product team members on Payment or Liquidity Initiatives impacting GTB Business to ensure business needs represented, risk assessed including end to end ownership over Business Change Management evaluation and execution.
  • Partner with other GTB Leads including Origination teams, Risk and Control and Head of Innovation to review potential service offerings with a focus on end to end processes and transaction execution. Role requires ability to formulate and assess end to end process flows and business architecture inclusive of Technology, Operations both existing and future consideration.
  • Participate in analysis to ensure on-going suitability of existing Payment and Liquidity product offerings as market conditions, business strategies and portfolio composition change. Includes making recommendations for GTB investment funding, including prioritization of asks based on benefit realization
  • Work closely with the larger Product team to provide GTB business Origination teams with regular updates on initiatives supported, facilitate open discussion including supporting Client meetings. The business is globally spread out and requires regular liaising with regional offices in the US, Europe and Asia Pacific.
  • Establish and foster interaction with other TDS segments, namely, Payment Technology, Global Operations and Risk and Control teams. Specifically maintain dialogue pertaining to championing GTB client needs, Product strategy and alignment with new builds, regulatory changes, service updates etc.
  • Develop and maintain contacts with a wide range of market participants, including competitor/partner banks, consultants, research providers, industry forums and TDs’ vast internal network and resources.
  • Build strong relationships with TD leads on SWIFT, Payment Canada, BAFT other Payment Industry bodies to stay abreast of changes and ensure that GTB Business needs are represented.
  • Stay abreast of developments in markets, economy, industry, regulations, and risks affecting the Payment and Liquidity offerings for the business.
  • Represent GTB at Industry Forums, conferences and participate as a Payment and Liquidity expert to raise Personal and GTB profile.
  • Represent GTB in various committee and initiatives undertaken by TDS or TDBG.
  • Requirements

  • University Degree, MBA or equivalent preferred with over 10 years of relevant experience in Transaction Banking Market/Wholesale Banking
  • Experienced SWIFT Payment expert with strong knowledge of Canadian, US Payment Industry and working knowledge of other cross boarder payment options
  • Good working knowledge of treasury management concepts and principles as related to GTB products and services
  • Strong understanding of technology trends and a desire to work closely with Technology Teams to execute on GTB strategy and develop client centric Payment and Treasury offerings
  • Proven track record in Change Management and Client Improvement management
  • Client focused with ability to consult with Clients and GTB Business Partners on service preference and needs requirements
  • Successfully supported Business Leadership role in initiative with high impact/risk assessment
  • Possess comfort and enjoyment in fulfilling both strategic and tactical roles
  • Excellent skills in partner management, analyze and solve complex problems, multi-task, and manage tight timelines
  • Results oriented with ability to manage ambiguous or unclear situations
  • Proactive, positive attitude, and desire to learn
  • Strong leadership, persuasion, presentation and communication skills
  • Deep passion to create and lead meaningful change
  • Managerial Responsibilities

  • As a Senior member of the Product team: Support an environment that promotes respect, diversity and inclusion and adhere to the policies and guidelines of the Bank including the TD Framework and Our Shared Objectives
  • Provide leadership, direction, advice and guidance to the team, thus maintaining high levels of integrity, motivation and morale Direct, train and develop staff to enable them to meet challenges, GTB objectives and achieve their full potential Manage performance of team members, ensuring staff have clear pre-set objectives and get regular feedback on their performance.
  • Additional Information

    ​​​#LI-POST

    Hours

    37.5

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