Director, Client Ledger Transformation

Work Location :

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$190,000 \- $225,000 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:

Preferred Qualifications:

The Transaction Banking Value Creation Plan (VCP) is a phased initiative to help us realize our ambition to become a top 10 North American Treasury Bank of choice for Commercial, Corporate and Institutional clients. The VCP is tasked with aligning the core business strategies, product development roadmaps and investment pools of our Commercial and Transaction Banking businesses across TDUS, Canadian Business Banking and TD Securities in addition to driving essential transformation programs across our Customer Interaction, Payment Processing and Post Transaction infrastructures to provide the necessary foundational capabilities to integrate our existing business services and support the development of new features for our clients.

The Transformation Management Office (TMO) is responsible for the oversight and execution of the Value Creation Plan (VCP) and has a mandate to:

• Deliver large scale transformation programs – across our Customer Interaction, Payment Processing and Post Transaction infrastructures to provide the necessary foundational capabilities to integrate our existing business services and support the development of new features for our clients.
• Eliminate Duplication – Streamline work to remove overlaps and focus resources where they have the most impact.
• Reduce Technical and Operating Debt – Build an integrated componentized set of capabilities that support accelerate future development
• Enable Synergies – Align product, operations, and technology under a common vision for Transaction Banking.
• Capital and Resource Alignment – Ensure funding and resources flow to the highest impact priorities across the enterprise.
• Coordinate Operating Model – Optimizing how teams work together to deliver faster, more competitive outcomes.

Role Overview \& Responsibilities

• Director responsible for translating and executing the bank's customer ledger transformation strategy into an integrated delivery plan across the dependent streams and segments. Shaping detailed designs and outcomes that align with the strategy and target state as agreed with program executives and business leaders

The Director \- Project Delivery Lead, will report to the TMO VP Executive with the following responsibilities:

Sub‑ledger and booking model design

• Partner with the product team to design end‑to‑end booking models for new and existing deposit and liquidity products
• Ensure optimized and consistent mapping between business events and sub‑ledger / GL entries, including internal book transfers and office accounts. Including support for multi‑jurisdictional requirements (US, Canada and International) and are consistent with local GAAP and IFRS where relevant.

GL and Finance integration

• Enable appropriate governance \& control over the integration between the client sub‑ledger, payment engines, and the bank’s general ledger and finance ecosystem.
• Provide input into accounting rules, charts of accounts usage, and reconciliation controls between sub‑ledger, GL, and source systems.
• Partner with product, Finance, Product Control, and Regulatory Reporting to ensure outputs support P\&L, balance sheet, FTP, and regulatory reporting needs.

Product, feature delivery \& data (deposits \& liquidity)

• Work with product \& technology to translate deposit and liquidity product roadmaps into concrete system features (e.g., multi‑currency accounts, sweeps, cash pooling, virtual accounts).
• Ensure the sub‑ledger and booking model designs can flexibly support product evolution
• Input into data models and key reference data (customer, account, product, GL linkages) for the sub‑ledger.

Program and stakeholder leadership

• Ensure cross functional alignment for the sub‑ledger workstream within a larger transformation program, coordinating across Technology, Product and Finance.
• Drive requirements elicitation and solution design; highlight and socialize key design decisions and trade‑offs.
• Collaborate with Delivery team ensuring clear status reporting, risk/issue management, and executive‑level updates to steering committees and senior stakeholders.

Qualifications/ Skills/ Experiences

• 10\+ years of program/product management experience delivering large\-scale business and technology initiatives with complex solutions in a highly integrated setting.
• Proven transformation leader operating at executive and steering‑committee level, within a banking environment translating product strategy into scalable platform capabilities and data models, driving complex design trade‑offs.
• Deep experience defining and solutioning enterprise‑grade event ‑ledger/GL solutions including multi‑jurisdictional accounting standards.
• Senior‑level leadership across Finance and Control functions, establishing governance and controls that ensure end‑to‑end integrity across sub‑ledger, payment engines, general ledger, and regulatory reporting.
• High\-level organizational awareness and demonstrated ability to effectively lead/manage with wide breadth of cross\-stakeholder groups.
• Exceptional communication skills (written and verbal), including ability to formulate concise and impactful methods of communication.
• Ability to navigate ambiguity.

Education Requirements

• University degree or equivalent.

The Director, Change Delivery\-TDS leads, manages, and supports the end\-to\-end delivery of projects and major strategic and cross\-functional initiatives across the dealers that are high in complexity and major in scope.

Depth \& Scope:

• Ensures end\-to\-end delivery of projects
• Works in close partnership with all project stakeholders to align plans, timelines, expectations and deliverables to meet project's objectives
• Uses negotiation and influencing skills to build consensus amongst diverse stakeholder groups to ensure project deliverables are met
• Ensures projects are delivered based on agreed scope, agreed timeline and approved budget
• Manages resolution of issues and risks effectively and if required ensures timely escalation of the issues and risks
• Communicates effectively project status communication to stakeholders
• Manages project financials and benefits realization
• Creates and maintains comprehensive project management artifacts as required by project governance standards
• Considered as a subject matter expert on practices, procedures and principles of project management
• Manages projects through Project Management Life Cycle including Planning, Execution, Control and Closure of projects
• Manages / oversees testing deliverables for the project including: testing strategies, planning, preparation and execution activities, review and sign\-off of testing documentation

Education \& Experience:

• Bachelor's Degree or Equivalent
• 7\+ Years of Prior Experience
• Outstanding record of project management success preferably in Capital Markets, both in results achieved and in use of professional methodology especially using Agile approach
• Strong project management skills and demonstrated experience
• Solid organizational skills including attention to detail and multi\-tasking skills
• Excellent written and verbal communication skills
• Pro\-active in developing and implementing strategies that significantly mitigate risk

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 strive to make every interaction, product and experience remarkably human and refreshingly simple. 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.

Together, we are reimagining what banking can be for our clients, colleagues and communities.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.