Vice President, ESG Risk, Europe and Asia Pacific
Job Summary
Work Location:
Dublin IrelandHours:
35Line of Business:
Risk ManagementPay Details:
Were committed to providing fair and equitable compensation to all our colleagues. As a candidate we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions including pay details for this role.
Job Description:
Position Summary: (Overview of key purpose and accountability of the role)
Financial institutions are required to manage ESG (Environmental Social and Governance) Risks arising from their business strategies and operations and arising from the communities and geographies they operate in. Within the three lines of defence model we are seeking a Vice President ESG Risk to support the Director ESG Risk in the development and ongoing operation of the second line ESG risk oversight function across Europe and Asia-Pacific including TD Global Finance (TDGF) in Dublin.
In this role you will support the maintenance enhancement and ongoing implementation of the organisations ESG risk management framework. You will work with cross-functional teams to help identify assess and manage ESG risks and support second line review and challenge of the organizations ESG-related activities in line with regulatory requirements and stakeholder expectations.
In this role you will engage with the Global Markets and Corporate & Investment Banking businesses Finance Technology Auditors and other relevant stakeholders. There will also be engagement with support and control functions operating within global centres for TD Securities which is the wholesale bank of the parent entity TD Bank. You will be required to develop and maintain a strong understanding of the organisations businesses and functions including how ESG risks may impact its business activities risk profile and compliance with evolving regulatory requirements.
Specific Responsibilities:
- Support the implementation and maintenance of ESG risk management frameworks processes and policies.
- Monitor and assess emerging ESG risks and trends providing insights and recommendations to support the integration of ESG risk considerations into business activities and risk management processes.
- Support the implementation and ongoing enhancements to comply with ESG regulations standards and guidelines including but not limited to the ECB Guide on Climate-related and Environmental Risks EBA Guidelines on Management of ESG Risks EBA Guidelines on Environmental Scenario Analysis Pillar 3 ESG disclosures and others applicable to European and Asia-Pacific banking institutions.
- Support the delivery of ESG risk assessments and related risk reviews working with business stakeholders across the organization and contributing to second line review and challenge of the assessment and management of identified ESG risks.
- Assist in the preparation of ESG risk reporting for senior management and governance committees including inputs on risk appetite measures key risk indicators material ESG risks impacting the region and the effectiveness of ESG risk management practices.
- Provide subject-matter expertise to support the development of the organisations ESG risk practices including how ESG considerations are reflected in governance arrangements oversight functions and BAU risk management activities.
- Contribute to ESG risk materiality assessments scenario analysis (including operational risk scenarios and BCP plans) ESG stress testing exercises and the integration of ESG risks into ICAAP/ILAAP supporting the evaluation of ESG risk impacts across relevant risk categories.
- Support the development maintenance and monitoring of ESG Risk Appetite measures and Key Risk Indicators including tracking performance against thresholds and supporting escalation requirements.
- Support ESG regulatory gap assessments and the preparation of inputs for regulatory submissions supervisory requests and related action plans.
- Stay updated on ESG developments regulations and industry best practices and identify opportunities for continuous improvement to drive the maturity of the ESG risk management program.
Role requirements:
- Undergraduate degree or equivalent professional experience in Finance Risk Management Environmental Science Sustainability/ESG integration or a related field. Related professional qualifications (e.g. CFA GARP) is a plus.
- Practical experience in ESG/climate risk sustainable finance compliance corporate governance or other risk-related roles within financial services. Knowledge of ESG regulatory requirements supervisory expectations and industry developments would be advantageous.
- Understanding of capital markets and banking activities products and processes with the ability to assess how ESG and climate-related risks may impact business activities and traditional risk types. Experience supporting ESG risk assessments materiality assessments scenario analysis or stress testing activities would be advantageous.
- Effective verbal and written communication skills; with the ability to explain complex topics clearly and concisely to diverse stakeholders across multiple jurisdictions and departments.
- Strong analytical problem-solving and critical thinking skills with the ability to assess regulatory requirements and translate them into practical risk management activities.
- Experience supporting regulatory change initiatives programme delivery and implementation activity ideally within a banking or financial services environment.
- Microsoft office skills - Proficiency in Microsoft Word PowerPoint and Excel skills
- Proven organisational skills and attention to detail with the ability to manage multiple deliverables simultaneously and balance project work with ongoing risk management responsibilities.
Risk Management Responsibilities:
- Responsible for identifying and reporting Operational Risk Events in accordance with policy.
- Responsible along with all colleagues to contribute in a positive way to TDGFs reputation and the management of Reputational Risk. Every employee is expected and required to follow ethical practices at all times including compliance with applicable policies legislation and regulations and support positive interactions with TDGFs stakeholders including clients industry bodies industry participants public bodies regulators and vendors.
- Responsible for good conduct and for contributing to the identification and management of Conduct Risk within their team and function.
Who We Are
TD Securities is one of the worlds 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. More than 95000 TD colleagues bring their skills talent and creativity to foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits including medical coverage paid time off career development and reward and recognition programs.
Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 youre 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.
Were 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 youve got everything you need to succeed in your new role.
Interview Process
Well 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
If you require an accommodation for the recruitment / interview process (including alternate formats of materials or accessible meeting rooms or other accommodation) please let us know and we will work with you to meet your needs.
Required Experience:
Exec