What are the responsibilities and job description for the Financial Reporting Analyst position at TD?
Work Location:
New York, New York, États-Unis d'Amérique
Hours
40
Line Of Business
Valeurs Mobilières TD
Pay Detail
90,000 - 110,000 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
Financial Analyst (L8) – Financial Reporting (NY Branch & Broker Dealers)
The Junior Financial Analyst will primarily support the financial reporting and accounting functions of the New York Branch, with additional responsibilities supporting the U.S. broker-dealer entities.
This role focuses on assisting with financial close, reconciliations, and internal reporting, ensuring accuracy and completeness of financial information across entities. The position offers exposure to NY branch and broker-dealer operations, including Trading activity, Derivatives, Collateralized Financing activities, Loans, Deposits and intercompany activities.
Key Responsibilities
Month-End Close support (US GAAP & IFRS)
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
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.
New York, New York, États-Unis d'Amérique
Hours
40
Line Of Business
Valeurs Mobilières TD
Pay Detail
90,000 - 110,000 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
Financial Analyst (L8) – Financial Reporting (NY Branch & Broker Dealers)
The Junior Financial Analyst will primarily support the financial reporting and accounting functions of the New York Branch, with additional responsibilities supporting the U.S. broker-dealer entities.
This role focuses on assisting with financial close, reconciliations, and internal reporting, ensuring accuracy and completeness of financial information across entities. The position offers exposure to NY branch and broker-dealer operations, including Trading activity, Derivatives, Collateralized Financing activities, Loans, Deposits and intercompany activities.
Key Responsibilities
Month-End Close support (US GAAP & IFRS)
- Directly execute the full month-end close process under both IFRS and US GAAP.
- Prepare and post journal entries, accruals, valuation adjustments, and accounting reclassifications.
- Perform detailed account analyses and substantiation of all material balance sheet and income statement accounts.
- Prepare IFRS-to-US GAAP reconciliation entries and supporting bridge schedules.
- Analyze monthly financial results and prepare variance explanations.
- Maintain close checklists and ensure timely completion of deliverables.
- Prepare standalone NY Branch & broker-dealer financial reporting packages under both IFRS and U.S. GAAP.
- Prepare IFRS reporting packages and reconciliation schedules for parent or consolidated reporting purposes.
- Draft and maintain detailed disclosure schedules supporting both reporting frameworks, including:
- Trading, Derivatives
- Loans, Deposits
- Collateralized Financing Transactions
- Related-party transactions
- Assist with the preparation annual audited financial statements under U.S. GAAP in accordance with SEC Rule 17a-5.
- Assist with the preparation full U.S. GAAP footnote disclosures and supplemental schedules.
- Prepare and maintain audit-ready lead sheets, roll-forwards, reconciliations, and supporting documentation.
- Assist in the review of NY Branch call report and associated reporting deliverables, including commentary and variance analysis.
- Assist in the review of Broker Dealer's FOCUS filings (SEC Rule 17a-5), ensuring consistency with underlying books and records, including commentary and variance analysis.
- Perform and document monthly balance sheet reconciliations under both reporting frameworks (Account Reconciliation Policy – ARCS)
- Ensure compliance with End User Computing (EUC) governance standards
- Maintain and execute under Internal Control over Financial Reporting - ICFR/SOX control framework
- Identify opportunities to streamline IFRS/ US GAAP reporting processes.
- Strengthen documentation standards to maintain audit and regulatory readiness.
- Assist in enhancing financial reporting controls and reporting governance.
- Bachelor's degree in accounting or finance (CPA preferred but not required).
- 2 - 4 years of accounting experience within a broker-dealer or regulated financial institution.
- Demonstrated experience executing month-end close in a regulated environment.
- Experience preparing U.S. GAAP audited financial statements and supporting footnotes a plus.
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
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.