Manager, Capital Optimization

Job description

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Product Management Pay Details: $96,900 - $136,800 CAD 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 Manager, Capital Optimization is accountable for supporting the identification, analysis, development, and delivery of initiatives that improve capital efficiency, risk-adjusted returns, and portfolio performance across the Commercial loan book. Reporting to the Senior Manager, Capital Optimization, this Level 10 role will translate capital, RWA, RAROC, BRR, FRR, pricing, and portfolio insights into clear recommendations, decision tools, business cases, and execution plans. The role will work closely with Commercial Lending Product, Finance, Risk, AI2, Treasury, Enterprise Capital, Technology, Operations, and front-line partners to advance in-flight capital optimization work and build a pipeline of future opportunities. The role requires strong analytical capability, comfort operating through ambiguity, and the ability to convert technical capital concepts into practical recommendations for senior leaders and business partners. Key Accountabilities Capital Optimization Analysis and Opportunity Assessment • Support the Senior Manager in building and maintaining a prioritized pipeline of capital optimization opportunities across Commercial Lending. • Analyze RWA drivers, BRR and FRR outcomes, RAROC performance, pricing economics, portfolio mix, and segment-level profitability to identify opportunities for improved capital productivity. • Conduct detailed opportunity sizing, scenario analysis, sensitivity testing, and impact assessments to quantify potential capital, RWA, ROE, RAROC, risk, operational, and customer impacts. • Assess the feasibility, dependencies, governance requirements, risks, and execution complexity of capital optimization initiatives. • Translate technical analysis into clear recommendations, options, pros and cons, and decision materials for the Senior Manager, AVP, VP, and cross-functional partners. • Maintain disciplined documentation of assumptions, methodologies, data sources, findings, and decisions to support governance, auditability, and future handoff. ________________________________________ Drive Cross-Functional Execution and Ongoing Insights • Partner with Commercial Lending Product teams, as well as Finance, Risk, AI2, Treasury, Enterprise Capital, Model Development, Technology, Operations, and front-line business partners to advance initiatives from analysis to implementation, including the embedding of controls aligned with risk appetite, business objectives and regulatory expectations. • Leverage analytics and modeling to evaluate client profitability, capital intensity, RWA drivers, RAROC outcomes, and portfolio performance. • Translate capital, RAROC, pricing, and portfolio insights into practical decision-making tools, recommendations, and executive-ready materials for senior leadership. • Compile and interpret capital, RAROC, pricing, and portfolio reporting, providing senior leadership with clear insights into performance, risks, trade offs, decisions required, and opportunities. • Lead governance forums, business reviews, or executive updates related to capital optimization, articulating progress, risks, dependencies, recommendations, and forward strategy. • Define and track OKRs and performance metrics for capital optimization using insights to inform prioritization and execution decisions. • Act as the single point of escalation for complex capital optimization, escalating when appropriate. ________________________________________ Stakeholder & Team Leadership • Lead, influence, and coordinate cross functional teams across capital, Product, Finance, Risk, AI2, Technology, Operations, and front-line business partners. • Foster a high performance, inclusive culture that encourages analytical rigor, innovation, learning, and continuous improvement. • Provide thought leadership and deep subject matter expertise on capital optimization and commercial credit portfolio performance. • Act as a trusted advisor and brand ambassador for disciplined capital management, pricing excellence, and the broader commercial product organization. • Support capability building and knowledge transfer across the product, capital, pricing, and risk communities. ________________________________________ Cross-Functional Delivery and Governance Support • Coordinate cross-functional working groups and support delivery from analysis through recommendation, governance, implementation, and benefits tracking. • Prepare concise executive-ready materials, briefing notes, one-pagers, meeting summaries, decision logs, and action trackers for capital optimization initiatives. • Support governance submissions and stakeholder alignment across Product, Finance, Risk, AI2, Treasury, Enterprise Capital, Technology, Operations, and front-line partners. • Identify risks, issues, dependencies, and trade-offs that require escalation to the Senior Manager or AVP. • Contribute to a strong risk culture by ensuring analysis, recommendations, and execution plans are aligned with risk appetite, regulatory expectations, and business objectives. ________________________________________ Experience & Qualifications • Undergraduate degree in business, finance, economics, mathematics, analytics, risk management, or a related discipline; professional designation or advanced degree is an asset. • 5+ years of relevant experience in commercial banking, credit risk, product management, finance, treasury, analytics, capital management, pricing, or related fields. • Strong understanding of commercial lending, RWA, BRR, FRR, RAROC, pricing economics, collateral, credit structures, and portfolio performance. • Demonstrated ability to conduct structured analysis, interpret complex data, build business cases, and communicate insights clearly to senior audiences. • Strong stakeholder management skills with the ability to work across Product, Finance, Risk, AI2, Treasury, Enterprise Capital, Technology, Operations, and front-line teams. • Experience operating in a regulated financial services environment and supporting governance, policy, audit, or control processes is preferred. Success in This Role Looks Like • A clear and well-maintained pipeline of capital optimization opportunities with documented sizing, feasibility, dependencies, owners, and next steps. • High-quality analysis that enables better decisions on RWA efficiency, pricing, RAROC, BRR, FRR, risk transference, and portfolio profitability. • Capital optimization initiatives move from insight to recommendation, governance, implementation, and benefits tracking with minimal friction. • Senior leaders receive concise, accurate, and actionable materials that clearly explain trade-offs, risks, benefits, and decisions required. • Cross-functional partners view the role as a reliable analytical partner who can connect capital, credit, pricing, product, and operational considerations. • Capital, RAROC, pricing, and portfolio insights become more consistently embedded into Commercial Lending decision-making. 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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. Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements. 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 Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process. We look forward to hearing from you! Language Requirement (Quebec only): Sans Objet