Manager, Valuations – Commodities in Toronto

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Data & Analytics

Pay Details: $96,900 - $136,800 CAD

This 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.

Job Description:

Position Overview: Within Controller & Chief Accountants in Finance, the Valuations & Product Control team supports TD Securities and is responsible for providing overall end-to-end accountability for the completeness, accuracy, and timeliness of Independent Price Verification (IPV) and Valuation Adjustment (VA) processes. The Commodities Valuations team plays a critical role in ensuring the integrity of financial reporting by leveraging robust market data sources, valuation methodologies, and quantitative techniques to validate the fair value of physical and financial commodity products across trading desks and businesses.

As a Valuations Manager covering Commodities, you will:

• Oversee and manage a team responsible for conducting IPV and valuation adjustment processes across commodities trading businesses, including energy and metals.
• Ensure effective governance, financial control, and process efficiency in the delivery of IPV and VA.
• Lead initiatives to enhance commodities IPV methodologies and tools.
• Build strong partnerships with commodities trading desks, market risk, finance, technology, model validation, and operations teams.
• Act as a subject matter expert and escalation point for commodities IPV-related matters.
• Provide oversight of documentation and internal control processes supporting IPV and valuation adjustment policy compliance.
• Contribute to the development and enhancement of automated tools, controls, and dashboards used in commodities IPV.
• Ensure effective response to internal and external audit, control partners, and regulatory inquiries.
• Monitor emerging trends and developments in regulatory valuation standards.
• Support new product assessments by integrating commodities valuation controls and IPV considerations early in the product lifecycle.

Job Requirements:

• Strong knowledge of commodities products, including physical and financial energy, metals, commodity futures and options, swaps, forwards, structured commodity transactions, and commodity-linked derivatives.
• Prior experience in valuations, IPV, product control, market risk, or trading support within capital markets.
• Prior experience leading or mentoring high-performing teams.
• In-depth understanding of fair value measurement, market observability, valuation adjustments, curve and surface construction, market data hierarchy, and financial reporting controls.
• Demonstrated success in leading or contributing to commodities valuation control change initiatives.
• Strong stakeholder management skills.
• Ability to manage multiple deliverables in a fast-paced, evolving environment.

Additional Information:

• Undergraduate or graduate degree in Finance, Accounting, Engineering, Mathematics, Physics, Computer Science, or other quantitative disciplines.
• Pursuit or completion of professional designation (CFA, CPA, FRM) is an asset.
• Experience with Python or other coding tools for financial analysis and process automation is a strong asset.
• Familiarity with valuation systems, market data platforms, broker/dealer price sources, exchange settlement data, general ledger (GL), and ERP systems.
• 7+ years of related experience, ideally with exposure to commodities valuation processes.

This role is an exciting opportunity to lead IPV coverage for the Commodities business at TD Securities. We are looking for a collaborative, driven, and technically proficient leader to help strengthen and shape the future of commodities valuation control in a dynamic capital markets environment.

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.

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.

Colleague Development: If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed.

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.

Accommodation: Your accessibility is important to us. Please let us know if you’d like accommodations to help us remove barriers so that you can participate throughout the interview process.