Director, Liquidity Product Management – TD Bank, Toronto, ON
Location: Toronto, ON | Company: TD Bank
TD Bank is hiring a Director, Liquidity Product Management for a full-time, on-site position in Toronto, Ontario. This senior leadership role supports TD Securities and the bank’s transaction banking strategy across Canada and the United States.
The Director will lead the strategic development of TD’s liquidity product portfolio, including virtual accounts, cash concentration, notional pooling, sweep structures, intraday liquidity and investment services. The position combines product strategy, commercialization, governance, financial management and cross-functional leadership within a large North American banking organization.
About This Liquidity Product Leadership Role
TD is expanding and modernizing its transaction banking product suite as part of a multi-year digital transformation. The centralized Product Management organization is intended to bring greater consistency, scale and efficiency to product decisions across Canadian Commercial Banking, U.S. Commercial Banking and TD Securities.
The Director, Liquidity Product Management will define the strategic roadmap for deposit and liquidity solutions while balancing client requirements, regulatory expectations, operational capabilities and commercial objectives. The role is expected to influence senior stakeholders and guide major decisions affecting product development, market positioning and long-term business growth.
Key Areas of Responsibility
The Director will take ownership of the liquidity product portfolio from strategic planning through commercialization and ongoing performance management. The position requires close collaboration with technology, operations, sales, finance, risk and compliance teams across multiple business segments.
Product Strategy
Develop and maintain a multi-year roadmap for liquidity products that reflects client demand, regulatory obligations, competitive conditions and TD’s revenue priorities.
Product Lifecycle Management
Lead product activity from early concept development and prioritization through design, implementation, commercialization and continued optimization.
Commercial Growth
Work with sales and relationship teams to increase product adoption, deepen client relationships and strengthen TD’s market position in cash and liquidity management.
Financial Performance
Oversee business cases, investment planning, pricing strategy, profitability and product-level performance indicators for the liquidity portfolio.
Governance and Risk
Maintain effective product governance, support regulatory and audit reviews and ensure that liquidity solutions meet applicable risk and compliance expectations.
Team Leadership
Coach product managers, promote consistent product management practices and help develop the capabilities of the broader transaction banking product organization.
Liquidity Products and Market Development
The Director will serve as a senior subject matter expert for liquidity solutions such as virtual accounts, notional pooling, cash concentration, sweep arrangements, intraday liquidity and investment services. Candidates should understand how these products help corporate and institutional clients manage cash positions, centralize balances and improve working capital visibility.
The role also involves directing market research and assessing developments that could affect the portfolio. This may include changes in client behaviour, new banking technology, competitive products, regulatory requirements, strategic partnerships and emerging treasury management practices across Canada and the United States.
Skills That May Help Candidates Succeed
This position requires advanced transaction banking knowledge together with the ability to manage commercial, technical and regulatory priorities. Candidates should be comfortable presenting to executives, leading complex initiatives and making decisions that affect several business areas.
Deep knowledge of cash concentration, notional pooling, virtual accounts, sweep structures, intraday liquidity and related investment solutions.
The ability to build multi-year product strategies, prioritize investments and convert client or market needs into scalable product capabilities.
Experience developing business cases, managing product profitability, setting pricing strategies and monitoring financial and operational performance indicators.
Strong communication and stakeholder management skills for guiding decisions involving senior leaders across technology, operations, finance, risk and compliance.
The ability to coach product managers, share subject matter expertise and encourage disciplined product management practices across a growing organization.
Experience, Education and Compensation
TD is seeking candidates with at least eight years of hands-on experience in liquidity product management, treasury services or transaction banking. Applicants should have managed strategic product portfolios and demonstrated success developing product roadmaps, commercializing solutions and delivering complex enhancements at scale.
A bachelor’s degree is required, while an MBA or similar advanced degree is preferred. TD lists a base salary range of $150,000 to $185,000 CAD. The role is also eligible for a discretionary variable compensation award based on business and individual performance. The position is full time, on site and scheduled for 37.5 hours per week.
How to Apply
Candidates should apply through TD Bank’s official careers website. Application materials should emphasize direct liquidity or transaction banking product management experience, ownership of strategic portfolios and measurable results involving commercialization, pricing, product development or profitability.
The official application deadline is August 31, 2026. TD indicates that selected candidates may be contacted for an interview and that accessibility accommodations can be requested during the recruitment process. Joblyz does not collect applications or participate in hiring decisions.