Group Risk Senior Manager

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$108,800 - $163,200 CAD

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:

The Group Risk Senior Manager leads, develops, and oversees a broad, highly specialized, and diverse team of experts and/or risk professionals who provide oversight, advisory support/services and act as an oversight function related to TD's enterprise/operational Risk programs. Acts as a thought leader for all risk-related activities. May also provide specialized project support or services within Risk Management. Provides effective challenge, oversight, and risk intelligence behaviors and outcomes, while operating within the Bank's risk appetite.

The Non-Model/End-User-Computing Tool (EUC) Risk Management – QA/QC role provides second line of defense risk management and oversight of Non-Models/EUCs, which are analytical/computational tools that are used to support business processes and are not considered models. The role will support the governance of Non-Model/EUC risk to the bank by managing and executing compliance and control testing to validate that Non-Models/EUC risks are managed in compliant with the bank's Non-Model Risk Management program.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required

• Oversees and leads a large and/or highly complex and diverse reporting function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results

• Provides coaching, mentorship and guidance to practitioners, business, and executives within area of expertise

• Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices

• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management/enterprise areas

• Facilitates key strategic discussions and provides thought leadership to executive audience (output may include strategic roadmap and/or deliverables/frameworks/short to long term goals etc.)

• Sets operational team direction and collaborates with others to execute on common goals

• Focuses on longer-range planning for functional area (e.g., 12 months or greater)

Customer Accountabilities:

• Oversees a function of enterprise Risk Program professionals providing oversight and control related advisory services to Risk partners

• Provides strategic direction on a broad and diverse range of complex global Risk program activities

• Develops Risk enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's Risk Program

• Works with executive team, senior business management/partners to develop proactive strategies, tactics, policies, and programs to effectively manage regulatory/compliance issues

• Contributes to the development and implementation of enterprise Risk programs related to all aspects of Risk legislation

• Meets with business partners and leaders to determine Risk strategies and compliance culture

• Takes corrective action and recommends or implements changes to procedures, as required

• Lead role in managing and in responding to periodic exams/audits and various regulatory bodies

• Participates in/leads enterprise-wide or Risk focused special projects

• Oversees research, development and implementation of new processes, technologies, or operating models

• Works autonomously as the leader of the team and assists with development of group policies and approval of procedures in coordination with leadership team and colleagues; and promotes and monitors staff adherence to approved internal Risk policies, procedures, standards, and guidelines, in addition to those federally mandated

Shareholder Accountabilities:

• Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leveraging TD’s operating model to maximize efficiency, effectiveness, and scale

• Ensures team adheres to enterprise frameworks and methodologies related to overall business management activities

• Plans and executes on strategic activities, reviews, and communicates results, and adjusts tactics accordingly

• Executes on the annual business plan to deliver results aligned with business strategies

• Manages overall budget, revenue, and expenditures, meets business objectives while increasing efficiency and effectiveness

• Proactively identifies key business opportunities, researches, and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement

• Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise

• Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions/activities as necessary

• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts

• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

• Ensures employees are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee/Team Accountabilities:

• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty

• Develops annual and/or long-term plans for own area and influences plans well beyond area managed

• Responsible for management of the overall team providing both leadership and guidance

• Sets targets and objectives for the team, and delivers results

• Grows team expertise to align with business/enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value delivered

• Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and provides regular input into employee assessments and development plans

• Leads the process of setting performance objectives for the team; tracks, monitors, and effectively addresses and/or rewards performance in a timely manner

• Manages employees in compliance with all human resources policies, procedures, and guidelines of conduct

• Shares knowledge, information, skills, and subject matter expertise among the team and ensures the timely communication of issues and encourages good working relationships with other functions and teams

• Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes

• Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives

• Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives

• Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

Education & Experience:

• Undergraduate degree or technical certificate and/or

• 10+ years relevant experience

• Advanced knowledge of multiple risk management disciplines, strategies, governance, regulations, controls, operating environment, consulting principles, procedures, and processes

• Knowledge of risk management environment, standards, regulations, and mitigation

• Knowledge of current and emerging competitor and market trends

• Ability to contribute to strategic direction of the function and provide trusted and reliable reporting, advice, and opinion to senior leadership

• Ability to forecast initiatives and demand in order to develop annual strategic plan

• Skill in managing budgets, P&L, and resource allocation

• Skill in talent development and performance management

• Ability to establish goals and objectives that support the strategic plan

• Advanced ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives

• Ability to make an impact, influence, and achieve results with effective negotiation, problem-solving, and communication skills

• Skill in using computer applications including MS Office

• Ability to communicate effectively in both oral and written form

• Ability to work collaboratively and build relationships across teams and functions

• Ability to work successfully as a member of a team and independently

• Ability to exercise sound judgement in making decisions

• Ability to analyze, organize and prioritize work while meeting multiple deadlines

• Ability to handle confidential information with discretion

Preferred Qualifications

• Non-Model/EUC risk management/governance experience

• Knowledge of Non-Model/EUC governance, risk, and compliance

• Knowledge of Non-Model/EUC risk management framework, including risk level assessment and controls

• Compliance or QA/QC testing planning, implementation and execution experience, or audit management experience

• Working knowledge or familiarity with desktop or web-based applications such as Excel, VBA, SQL, SAS, Access, Alteryx, Power BI, Python, and Tableau

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 deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

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