Director – Payments Business Architecture Lead' - TD Bank : Job Details

* Define and maintain the enterprise payments architecture roadmap to support corporate banking and treasury services.* Align payments capabilities (ACH, wires, RTP, SWIFT, card rails, and cross-border) with overall business strategy and client needs.* Translate business objectives into target-state architectures, ensuring scalability, resiliency, and compliance.* Partner with product management to design solutions that enable new payment services, revenue models, and customer experiences.* Assess current-state payments processes, systems, and customer journeys to identify gaps and optimization opportunities.* Develop future-state models (capabilities, data flows, process maps) that enable seamless end-to-end payments execution.* Ensure alignment of payments processes with ISO 20022 standards, regulatory mandates, and clearing/settlement requirements.* Collaborate with technology teams to design integration patterns for core banking, ERP, treasury management, fraud/risk, and liquidity platforms.* Drive adoption of modern APIs, microservices, and cloud-based payments solutions.* Define architectural guardrails to ensure system interoperability, real-time data availability, and operational resilience.* Continuously monitor industry advancements (blockchain, CBDCs, AI in fraud prevention) to assess impact on corporate payments.* Advise senior leadership on emerging payments trends (real-time payments, open banking, digital currencies).* Employ Agile, Product Owner mindset, Shift Left testing methodologies and best practices utilizing collaborative tools like Jira, JTMF, and Confluence to ensure projects progress in the right direction.* Keep current on emerging trends, tools, and techniques to improve product development and delivery, including best practices from Design Thinking and Lean Startup methodologies.* Contribute to a culture of innovation, actively seeking ways to enhance capability and performance efficiency.* Utilize critical thinking and conflict resolution skills to address complex challenges.* Recommend best practices for improving products, processes, or services.* Solve intricate problems and develop innovative solutions through sophisticated analytical thinking.* Undergraduate degree required.* 7+ years relevant experience.* 3+ years in Project Management, Product Owner, Testing Practices, and/or Agile delivery experience.* Certifications such as PMP, Agile Certified Practitioner, or Scrum Product Owner (CSPO) are assets.* Substantial knowledge of SWIFT messages, ISO20022, MX and MT formats.* Deep understanding of payment systems and methods such as Canada Lynx, US CHIPS, and FedWire, etc.* Knowledge of emerging payment rails like Instant Payments* Familiarity with regulatory reporting such as EFTR Fintrac, sanction screening, fraud detection, anti-money laundering (AML), compliance reporting.* Understanding of deposit sub-ledger capabilities (like account management, transaction posting, multi-currency handling, interest calculations, liquidity management, controls, and reporting) to drive/ support deposits transformation, an asset.* Familiarity with various accounts (Nostro, Vostro, Corporate Customer), and integration of payments services with correspondent account processing, an asset.* Understanding of the interaction between payments and deposits operating models and how these serve client needs and use cases.* Experience with payment data, canonical models, and payment data mapping.* Ability to create and document Target Operating Models (TOMs) and define how opportunities and challenges will be delivered through these TOMs.* Proficient in MS Office and collaboration tools like Jira and Confluence.* Consulting and / or strategy experience preferred, demonstrating problem-solving, analytical thinking, and effective stakeholder management.* Tier 1 bank or financial institution experience preferred.* Strong oral and written communication skills.* Ability to work collaboratively and independently, exercising sound judgment.* Skilled in data analysis and capable of thriving in ambiguous situations.* Demonstrated storytelling skills and documentation skills.* Provides people management leadership by recruiting top talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required* Reports to AVP or VP Global Operations role and leads a multi-faceted / multi-disciplined operational group in Wholesale Banking* Manages multiple processes across a wide variety of products and services* Responsible for leading in the development of the overall strategic direction, operating budget, delivering business objectives, and overall people management for the unit* Responsible for operating within appropriate risk parameters and ensuring exception/escalation processes are in place* Long term focus on planning for functional area (horizon of 1 to 3 years +)* Undergraduate degree/ college diploma preferred and/or* 7+ years relevant experience and 5+ years of people management experience* Advanced knowledge of key functional areas including Capital Markets, Financing Operations, Payment and Correspondent Banking Services, Business Services, Change Delivery, and Regional Operations* Knowledge of capital markets products, which may include Foreign Exchange, Fixed Income, Equities and Derivatives.* Knowledge of current and emerging trends in the industry and market* Knowledge of risk management environment, standards and regulations* Strong knowledge of process management to drive efficiency* Ability to contribute to strategic direction of the function and provide advice to senior leadership* Ability to forecast initiatives and demand in order to develop annual strategic plan* Skill in managing budgets and resource allocation* Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives* Skill in talent development and performance management* Ability to make an impact, influence and achieve results with effective negotiation, problem-solving and communication skills* Skill in negotiation and partnership* Skill in using analytical software tools, data analysis methods and reporting techniques to assess risk and challenge the status quo* Skill in leadership, mentoring, coaching and performance management* Ability to exercise sound judgement in making decisions* Ability to communicate effectively in both oral and written form with partners at all levels including senior management* Ability to work collaboratively and build relationships* Skill in organization and time management* Ability to analyze, organize and prioritize work while meeting multiple deadlines* Ability to work successfully as a member of a team and independently* Ability to process and handle confidential information with discretion* Leads a business unit involved in designing and providing assigned service or functionality covering a significant area of TDS Operations* Identifies and responds to changes in the business environment and establish action plans to address client issues and priorities* Acts as a key liaison at the department level to actively engage stakeholders within the Bank and broader industry, developing and maintaining strong business partnerships, clarifying client needs and delivering client-centered solutions that enhance the overall end-to-end experience* Top level escalation point for significant risk matters/exceptions; oversee problem resolution* Oversees research, development and implementation of new processes, technologies or operating models* Sets service and control standards, implement and operate systems to monitor service delivery* Provides frontline feedback to client strategy and broader process improvement functions to identify client pain points and opportunities for improvement* Builds a client-centric, collaborative#J-18808-Ljbffr