Senior Manager, Recovery and Resolution Planning, Enterprise Recovery and Resolution Office

Layer 6 AI

Layer 6 AI

Toronto, ON, Canada
CAD 115,600-163,200 / year
Posted on Mar 31, 2026

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Finance

Pay Details:

$115,600 - $163,200 CADThis role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

Department Overview

The Treasury and Balance Sheet Management (TBSM) department is responsible for overseeing the management of TD’s non-trading market risk, capital, investments, treasury trading activities, liquidity management, funding and transfer pricing. The Enterprise Recovery and Resolution Planning Office (ERRP) is responsible for managing recovery and resolution planning for TD Bank and the enterprise. This team prepares plan submissions to Canadian regulators and coordinates recovery and resolution planning testing activities. The ERRP also works with local management teams in various foreign jurisdictions where the Bank operates to assist in the development of local recovery plans, covering the U.S., Europe and Asia. The ERRP is also responsible for the delivery of TDBG's financial crisis management activities during periods of stress. ERRP is situated in Treasury and Balance Sheet Management within the broader Finance organization of TD Bank.

Job Description / Accountabilities:

The Senior Manager, Recovery and Resolution Planning position (Senior Manager) is a key member of the broader ERRP team with broad recovery and resolution planning responsibilities. They include, but are not limited to:

  • Lead the enterprise recovery and resolution testing program, including scenario design, execution, issue remediation, and readiness assessments; own and continuously refine testing strategies and frameworks.

  • Oversee the design and delivery of testing streams across distinct capabilities, providing clear direction, prioritization, and oversight to ensure timely execution, remediation, and complete regulatory documentation.

  • Ensure testing demonstrates operational feasibility under stress, including data, systems, governance, decision‑making, execution sequencing, and critical timelines.

  • Coordinate with TD Securities to develop and maintain the trading book wind‑down strategy, including assumptions, execution sequencing, market impact considerations, and key dependencies.

  • Integrate trading book wind‑down capabilities with broader resolution, liquidity, capital, and separability frameworks to ensure end‑to‑end consistency and credibility.

  • Lead bail‑in valuation readiness, including coordination of valuation capabilities, delivery of timely and defensible valuation outputs under resolution timelines, and internal assessments against CDIC expectations.

  • Support financial scenario analysis for recovery and resolution planning, including capital, liquidity, and balance‑sheet projections, and ensure scenario narratives are translated into coherent, well‑documented quantitative assumptions.

  • Serve as a primary point of contact with regulators and U.S. RRP counterparts on capability design, testing outcomes, remediation actions, and regulatory feedback.

  • Drive continuous improvement by embedding lessons learned from testing, regulatory feedback, and industry developments into plans, frameworks, and execution models.

  • Coordinate cross‑functional stakeholders (Treasury, Markets LoB, Risk, Legal, Technology, Operations) to ensure integrated, end‑to‑end execution readiness.

  • Draft and maintain high‑quality Recovery and Resolution Plan content, and prepare concise, well‑supported materials for senior management, the Board and its Committees, and regulators.

  • Interpret new regulatory guidance and operationalize requirements within owned work streams to ensure timely and consistent compliance with supervisory expectations.

  • Represent ERRP in cross‑industry forums and regulatory engagements, contributing to external dialogue on recovery and resolution planning practices.

  • Contribute to strong governance across ERRP deliverables, and support the ongoing enhancement of frameworks, policies, processes, and controls.

  • Provide technical leadership, quality assurance, and subject‑matter expertise to the team, while promoting a strong culture of disciplined delivery within TD’s Risk Appetite.

Qualifications / Skills / Experience:

  • 10+ years of progressive experience in Treasury, Capital Markets, Risk Management, Finance, or regulatory advisory roles within a large, complex financial institution.

  • Advanced degree or professional designation (e.g., CFA, CPA, FRM) preferred.

  • Demonstrated senior‑level ownership of recovery and/or resolution planning frameworks.

  • Strong understanding of bank resolution regimes, bail‑in mechanics, and valuation under stress.

  • Deep knowledge of balance‑sheet, capital, liquidity, and trading business mechanics, including CET1, leverage, LCR, funding access, asset monetization, and intercompany flows under stress scenarios.

  • Scenario quantification and financial modeling capability, with experience translating narrative stress assumptions into time-stepped capital and liquidity projections across recovery and resolution phases.

  • Assumptions design and governance discipline, including documentation, traceability, sensitivity analysis, and consistency across capital, liquidity, and income projections

  • Advanced Excel / EUC proficiency, including complex workbooks, mapping conventions, reconciliation of data feeds, and integration of multiple projection tools.

  • Proven ability to lead complex, cross‑functional initiatives across Finance, Risk, Legal, Operations, Technology, and Business lines.

  • Capability to set enterprise‑level direction and priorities across multiple, interdependent workstreams.

  • Strong program, policy, and framework development skills.

  • Established credibility with regulators and/or internal oversight functions.

  • Ability to balance regulatory compliance with operational practicality.

  • Strong collaboration and influence skills across functions and jurisdictions.

  • Exceptional written and verbal communication skills, including clear articulation of complex issues to senior management and Boards.

  • Strong oral presentation skills for regulators and/or executive audiences.

  • Excellent analytical, problem‑solving, and prioritization skills, with high standards for quality, discipline, and accountability.

  • Sound professional judgment in fast‑moving or ambiguous situations, including during periods of stress.

Work activities include a blend of highly collaborative activities and individual deliverables. Individuals are expected to be onsite 4 days a week. Colleagues may spend more or less days in office as required by the business line

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