Recovery & Resolution Specialist (US)

Charlotte, NC, United States

Work Location:

Charlotte, North Carolina

Hours:

40

Pay Details:

$86,840 - $139,360 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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.

Line of Business:

Finance

Job Description:

This role will be a part of TD's U.S. Recovery and Resolution Planning team. Recovery and Resolution Planning (RRP) is an enterprise-wide function that ensures TD is prepared to address severe financial stress conditions and implements our practices and oversight of financial crisis management. The RRP function is closely integrated with multiple lines of business, key control functions, and Risk Management to maintain strategies and capabilities that support recovery and resolution preparedness. The RRP team is responsible for coordinating, developing and maintaining TD's U.S. Recovery and Resolution Plans and other regulatory submissions, as required under the Dodd-Frank Act and other applicable regulations.

Job Description Summary:

The Recovery & Resolution Specialist provides planning, forecasting, reporting and financial analysis support for assigned line(s) of business and/or at the total segment level under the guidance of financial management. In addition, the Business Line Financial Manager I provides highly specialized financial consulting and analytical support at the assigned line(s) of business or total segment level identifying the following: key emerging financial trends, measurement of key performance metrics and success factors, line of business and total segment financial target setting and measurement, capital budget and key initiative evaluation and planning, cost and product profitability analyses, and specialized reporting and support for special projects. This position also includes people management responsibilities.

Job Description:

Depth & Scope:

Develops financial analytical and forecasting models to build sound forecasts, planning results, and test assumption. Also predicts results of business initiatives, including but not limited to ad hoc analysis

Mentors and develops those individuals directly reporting to the Business Line Financial Manager I. Effectively communicates plan assumptions, forecasts, and actual results to all levels of management to include variance analysis

Takes the lead as finance support on developing business case scenarios to understand the financial impact of various initiatives on the organization; In addition, researches and reviews details of business operating metrics and actively seeks to identify and promote new opportunities or products

Manages the development of conclusions and courses of action to rectify discrepancies as well as analyses to be presented to management for aid in decision-making processes

Develops and analyzes key metric and plan variances and related information

Education & Experience:

Bachelors degree required, finance or accounting preferred

3+ years related experience

Understanding of banking industry financial analysis, planning, reporting and management accounting practices for assigned line of business

Excellent financial analysis skills, including ability to draw appropriate conclusions from large amounts of financial data

Strong understanding of general accounting and tax practices

Ability to guide businesses to achieve financial goals

Strong understanding of financial accounting and tax practices for assigned line of business

Management skills and experience

Understanding of related technology requirements and needs, including financial systems, planning models and report writers

Excellent written and verbal communication skills, including ability to present and explain information clearly

Preferred Qualifications:

3+ years of experience in financial contingency planning, liquidity/capital management, regulatory, risk, legal or compliance organizations in a financial institution.

2+ years of experience coordinating Recovery and Resolution Plans or other similar large-scale regulatory submissions.

Knowledge and understanding of regulatory requirements issued by the Federal Reserve, FDIC and OCC that related to financial stress preparedness.

Experience implementing programs to satisfy regulatory requirements, including working with stakeholders to understand the requirements and complete impact assessments.

Experience working across a matrixed organization with multiple stakeholders to achieve a common result.

Excellent analytical, risk assessment and investigative skills

Must work independently, demonstrated ability to take initiative and identify more efficient ways to execute.

Demonstrated ability to see the big picture, make connections and anticipate consequences and outcomes of actions and decisions; must be forward looking.

Must be comfortable working in a fast-paced, evolving and dynamic environment with changing and competing priorities.

Ability to deal with conflicting points of view and to suggest creative and responsive solutions.

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

Domestic Travel - Occasional

International Travel - Never

Performing sedentary work - Continuous

Performing multiple tasks - Continuous

Operating standard office equipment - Continuous

Responding quickly to sounds - Occasional

Sitting - Continuous

Standing - Occasional

Walking - Occasional

Moving safely in confined spaces - Occasional

Lifting/Carrying (under 25 lbs.) - Occasional

Lifting/Carrying (over 25 lbs.) - Never

Squatting - Occasional

Bending - Occasional

Kneeling - Never

Crawling - Never

Climbing - Never

Reaching overhead - Never

Reaching forward - Occasional

Pushing - Never

Pulling - Never

Twisting - Never

Concentrating for long periods of time - Continuous

Applying common sense to deal with problems involving standardized situations - Continuous

Reading, writing and comprehending instructions - Continuous

Adding, subtracting, multiplying and dividing - Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 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 [email protected]. 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.

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