Vice President, Third Party Risk Management & Operational Resilience
Vice President, Third Party Risk Management & Operational Resilience
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Job Description
Work Location:
Toronto Ontario CanadaHours:
37.5Line of Business:
Risk ManagementPay Details:
$175000 - $255000 CADTD 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 candidates 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:
Individual Role Accountabilities and Decision Authorities / Breadth Depth & Scope:
Represents the banks second line of defense setting standards and challenging the first line on Third Party Risk.
Responsible for delivering milestones on Third Party Risk roadmap.
Leads risk reporting and supports Board-level reporting on Third Party Risk including metrics and results.
Oversees and escalates risks in the third party risk management program ensuring alignment with risk appetite.
Manages third party risk reporting monitoring and remediation.
Acts as a senior representative for Enterprise Crisis Management (ECM) and Operational Resilience challenging risk practices and reporting assessments.
Leads ECM and Operational Resilience reporting for the Board including risk metrics and decisions.
Manages enterprise crisis protocols and collaborates on incident response exercises.
Reviews and reports on incidents to Senior Management and Risk organization.
Develop and implement a comprehensive Operational Resiliency training program for all levels of the organization to ensure awareness and readiness.
Establish and maintain an inventory of Board approved critical business functions and associated dependencies to support resilience planning.
Coordinate and lead regular operational resilience testing and simulations to ensure preparedness.
Engage with external stakeholders including suppliers and partners to assess and enhance their operational resilienc e capabilities.
Monitor and report on key operational resilience metrics and indicators providing insights and recommendations to senior management and the Board.
Ensure alignment of operational resilience strategies with regulatory requirements and industry best practices.
Foster a culture of continuous improvement in operational resilience by identifying and implementing lessons learned from incidents and near-misses.
Manages talent sets goals develops staff and handles performance and compensation decisions.
Shared Responsibilities / Decision Authorities:
Develop and maintain strong relationships with clients and regulators
Management of Framework and standards for Oversight and challenge of Third Party Risk.
Partner with other risk and control groups to ensure collaboration understanding engagement and strong control environment
Talent management/people development (acquisition/retention/succession)
Develop and build TDs brand and external reputation
Skills Education & Experience:
Firm knowledge of Third-Party Risk Management and/or Operational Risk Management Principles and Practices
Knowledge of the regulatory environment and requirements
Strong ability to build relationships with 1stline of defense business partners and provide challenge and push back as needed
Proven ability to manage effectively in a highly matrixed environment
Skillful communicator and influencer to build relationships advance decision making and effect change over time
Strong coach and developer of people with a demonstrated track record in talent management
Highly motivated individual with a track record successfully implementing large scale globally sourced programs with superior results.
Strong people management leadership and coaching skills
Ability to build for the future by attracting and developing the best people
Thrives in a fast-paced environment managing multiple deadlines and priorities.
Who We Are:
TD is one of the worlds 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 95000 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 youve 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 were 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:
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.
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 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. 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 were committed to helping you identify opportunities that support your goals.
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
Your accessibility is important to us. Please let us know if youd 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 ObjetRequired Experience:
Chief
Employment Type
Full-Time
