VP or Director - Network Management

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Hours:

Line of Business:

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Job Description/Accountabilities

The Network Management plays a critical role in managing and optimizing the bank’s global clearing network. This role is responsible for executing the strategy, overseeing risk and compliance, managing key institutional clearing relationships, and driving operational efficiency. The VP will collaborate with senior internal stakeholders and external counterparties to enhance service quality, reduce costs, and support the bank’s broader strategic objectives in clearing, payments, treasury and liquidity.

Accountabilities include but are not limited to:

• Serve as the primary point of contact for key Asia Pacific currency clearing relationships, manage escalations and drive resolution of complex matters.

• Develop and execute network optimization strategies to enhance service quality and cost efficiency.

• Conduct due diligence, ongoing monitoring, and periodic risk assessments of network counterparties.

• Negotiate service agreements, pricing structures, and performance benchmarks with counterparties.

• Ensure correspondent relationships comply with internal policies, regulatory requirements, and industry best practices.

• Work closely with Compliance, Legal, and Risk teams to address AML, KYC, and counterparty risk concerns.

• Work with internal teams to enhance liquidity management, payment flows, and treasury settlements.

• Identify and implement process improvements, automation, and technology solutions to enhance operational efficiency.

• Partner with Operations, Treasury, Markets, and other business units to address network-related challenges and service disruptions.

• Prepare and present insights on network performance, market trends, and strategic recommendations to senior management.

• Represent the bank in industry forums, regulatory discussions, and network-related engagements.

• Other duties as assigned.

Skills, Experience and Qualifications

• University degree in Finance, Business, Economics, or a related field.

• 10+ years relevant industry experience in wholesale banking, treasury operations or correspondent banking.

• Preference will be given to candidates with prior experience in network management and/or international clearing product management.

• Strong understanding of cross-border payments (including SWIFT and SWIFT alternatives), nostro account structures and treasury/securities settlement.

• Strong understanding of emerging market clearing, regulations and multi-currencies settlement.

• Proven ability to manage external financial institution relationships and lead negotiations, particularly with banks in the Asia Pacific region

• Excellent analytical, problem-solving, and decision-making skills.

• Strong leadership, communication, and stakeholder management abilities.

• Strong risk management acumen, including experience with operational risk, counterparty risk, AML/KYC, and regulatory compliance.

• High proficiency in MS Office (Advanced PowerPoint, Excel, Word, Visio).

• Strong quantitative and qualitative business research and analysis skills with high attention to detail.

• Strong desire to learn and ability to adapt to a fast-paced changing work environment.

• Flexibility to work outside of standard business hours as needed to support global business and time sensitive initiatives

• Some travel may be required for meetings, conferences, or on-site engagements with partners and stakeholders 

This role has the potential to be upgraded to director level contingent upon the candidate's qualifications and experience. Exceptional applicants who demonstrate significant expertise and leadership may be considered for this elevated designation.

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 investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

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 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.