Product Owner - Payments Modenization

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Technology Solutions

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. 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 Payments Modernization team is part of TD's Transaction Banking Value Creation Plan (VCP), a strategic transformation focused on building modern, scalable, and secure payment capabilities for Commercial, Corporate, and Institutional clients. The team is responsible for advancing TD's payments ecosystem through technology modernization, platform transformation, and the delivery of innovative client solutions.

Working closely with Product, Technology, Architecture, and Delivery partners, the team drives key initiatives across payments processing, payment modernization, digital channels, APIs, data, and foundational platforms. Our mandate is to simplify and modernize the payments landscape while enabling future product innovation, improving client experiences, and accelerating speed to market.

Job Description

As a Senior Business Analyst / Product Owner, you will play a critical role in delivering TD's Pre-Validation and Beneficiary Verification capabilities as part of the Payments Modernization program.

Working within an Agile delivery environment, you will partner with Product, Technology, Architecture, Operations, and external vendors to translate strategic objectives into delivery-ready requirements. You will be responsible for refining epics, developing user stories, defining acceptance criteria, managing backlog priorities, and supporting end-to-end delivery through implementation.

The successful candidate will bring strong wholesale payments expertise, exceptional analytical skills, and proven experience leading complex initiatives across multiple stakeholder groups.

Key Accountabilities

Product Ownership & Agile Delivery

• Translate business objectives and strategic initiatives into clear, actionable requirements.
• Refine epics into delivery-ready user stories with well-defined acceptance criteria.
• Manage and prioritize the product backlog in alignment with program milestones and business priorities.
• Facilitate backlog refinement sessions, sprint planning, and delivery activities.
• Ensure traceability from business objectives through requirements, user stories, testing, and delivered capabilities.
• Apply Agile, Shift Left, and product-centric delivery practices to accelerate value realization.
• Partner with technology and business teams to identify and resolve requirements gaps, dependencies, and delivery risks.

Payments Domain Expertise

• Contribute subject matter expertise across wholesale payments and payment modernization initiatives.
• Support delivery of capabilities related to:
  • Payment initiation and processing
  • Beneficiary validation and verification
  • SWIFT messaging
  • ISO 20022 migration
  • Correspondent banking services
  • Regulatory and compliance requirements
• Ensure solutions align with evolving industry standards and payment infrastructure requirements.

Business Analysis & Data Management

• Conduct end-to-end process, data, and systems analysis.
• Develop business requirements, process flows, data mappings, and functional specifications.
• Analyze payment data and support reconciliation, remediation, and data quality initiatives.
• Partner with technical teams to understand data flows, integrations, and systems architecture.
• Create reporting and performance metrics that support delivery and business objectives.

Stakeholder Management

• Build effective relationships across business, operations, technology, and executive stakeholders.
• Communicate complex concepts and recommendations clearly to both technical and non-technical audiences.
• Drive alignment across multiple teams while balancing competing priorities.
• Support decision-making by identifying options, risks, impacts, and recommendations.
• Influence stakeholders and contribute to strategic discussions regarding product evolution and delivery.

Required Qualifications

• Undergraduate degree required.
• 7+ years of relevant experience in Business Analysis, Product Ownership, Product Management, or related roles.
• Experience working within Agile delivery environments.
• Strong knowledge of wholesale payments and payment processing.
• Proven experience writing user stories, defining acceptance criteria, and managing product backlogs.
• Experience working with cross-functional business and technology teams.
• Strong analytical, problem-solving, and stakeholder management skills.
• Excellent written and verbal communication skills.

Preferred Qualifications

Payments Expertise

• Strong knowledge of:
  • SWIFT MT and MX message formats
  • ISO 20022 standards
  • Wire payments and correspondent banking
  • Canada Lynx, CHIPS, and Fedwire
  • AML, sanctions screening, fraud monitoring, and regulatory reporting

Data & Technology Experience

• Data analysis and data mapping experience.
• SQL and data querying skills.
• Understanding of messaging and integration technologies (MQ, Kafka).
• Data governance, critical data element (CDE), and data quality management experience.
• Experience with reporting and visualization tools such as Power BI, Tableau, or Cognos.
• Python automation experience is considered an asset.
• Exposure to cloud platforms (Azure, AWS, or GCP) is an asset.

Tools

• Jira
• Confluence
• Microsoft Office Suite

What You'll Bring

• A customer-focused and results-driven mindset.
• Strong leadership and influence skills.
• Ability to navigate ambiguity and solve complex business problems.
• A passion for innovation and continuous improvement.
• Strong collaboration skills and the ability to work across diverse stakeholder groups.
• Experience supporting large-scale transformation initiatives within financial services.

Why Join TD Securities?

This is an opportunity to help shape the future of payments while working on one of the industry's most significant modernization programs. You will contribute to transformational initiatives that support critical payment infrastructure, drive regulatory compliance, and enhance customer experiences across global markets.

Join a collaborative team where innovation, accountability, and continuous improvement are at the core of how we work.

#LI-TECH

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 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