Group Risk Specialist (ATH 3479, 3480)

Work Location:

Hours:

Line of Business:

Pay Details:

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 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:

Job Description Summary

Leads the assessment of ongoing effectiveness of ORM programs (e.g. ILED Issue Management etc) including identification of enhancements for consideration by the program owner. Reporting of results at both a Program level and in aggregate to Senior Executive Committee. Maturation of ORM Program Validation approach for efficiency and use of tools such as Power BI. May provide oversight commentary and recommendations based on overall strategy and industry best practices. Provide a comprehensive and diverse range of risk management expertise to business leaders.

KEY ACCOUNTABILITIES

CUSTOMER

• Lead the development and/or implementation of ORM Program Validation across 7 programs owned by Corporate Operational Risk. Validation provides an independent view of the effectiveness of Business implementation and operationalizing operational risk programs to manage risk.
• Proactively analyze potential risks and ensure escalation of key risks to appropriate areas and/or executive review with business executive findings and action plans to mitigate and manage operational risks.
• Establish and provide on-going analysis and reporting on operational risk and/or other major risk subcategories as applicable review findings and action plans with business leaders to identify mitigate and manage key issues.
• Understand and engage SMEs for operational risk disciplines / programs including Risk & Control Self-Assessment Internal Losses Issues Management Scenario Analysis KI Program etc. As needed engage other risk programs such as Business Continuity Management Outsourcing & Vendor Management Regulatory Compliance (e.g. CDIC AML Privacy IDA CBA SOX Basel etc).
• Support enterprise-wide operational risk escalation review and approval processes data management policies and risk assessment processes.
• May also be responsible for providing support on operational risk for other major risk areas (e.g. Market Credit Reputational and/or Regulatory risks etc.)
• A point of contact for guidance in the monitoring/ reporting of ORM Programs Program Validation and corresponding enhancements identified.
• Provide broad/deep commentary in support of the development/ maintenance/ oversight of validation and testing approaches including planning evidence management and results both by individual program as well as in aggregate.

SHAREHOLDER

• Adhere to enterprise frameworks or methodologies that relate to activities for our business area.
• Ensure respective programs/policies/practices are well managed meet business needs complies with internal and external requirements and aligns with business priorities.
• Consistently exercise discretion in managing correspondence information and all matters of confidentiality; escalate issues where appropriate.
• Ensure business operations are in compliance with applicable internal and external requirements ( e.g. financial controls segregation of duties transaction approvals and physical control of assets).
• Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations.
• Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience.
• Conduct meaningful analysis at the functional or enterprise level using results to draw conclusions make recommendations assess the effectiveness of programs/ policies/ practices.
• Monitor service productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist.
• Lead / facilitate and/or implement actions / remediation plans to address performance / risk /governance issues.
• Actively manage relationships within and across various business lines corporate and/or oversight functions and ensure alignment with enterprise and/or regulatory requirements.
• Keep abreast of emerging issues trends and evolving regulatory requirements and assess potential impacts.
• Maintain a culture of risk management and control supported by effective processes in alignment with risk appetite.

EMPLOYEE / TEAM

• Participate fully as a member of the team support a positive work environment that promotes service to the business quality innovation and teamwork and ensure timely communication of issues/ points of interest.
• Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit
• Keep current on emerging trends/ developments and grow knowledge of the business related tools and techniques.
• Participate in personal performance management and development activities including cross training within own team.
• Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities.
• Contribute to team development of skills and capabilities through mentorship of others by sharing knowledge and experiences and leveraging best practices.
• Lead motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
• Contribute to a fair positive and equitable environment that supports a diverse workforce.
• Act as a brand ambassador for your business area/function and the bank both internally and/or externally.

BREADTH & DEPTH

• Highly seasoned professional role requiring substantial knowledge / expertise in operational risk and knowledge of broader related areas.
• Integrates knowledge of the enterprise sub-functions or business lines overarching strategy in developing solutions across multiple functions or operations.
• Interprets internal/external business challenges and the industry environment recommends courses of action and best practices to improve products processes or services.
• Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists.
• Leads cross-functional teams or projects with significant resource requirements risk and / or complexity.
• Independently manages end-to-end functional program(s).
• Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions.
• Uses sophisticated analytical thought to exercise judgement and identify solutions.
• Impacts the achievement of sub-function or business line objectives within the area they are accountable for.
• Work is guided by policies and industry standards/methods.
• Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasing senior stakeholders.
• Works autonomously as the lead and guides others within the area of expertise.
• Generally reports to a Senior Manager or above.

EXPERIENCE & EDUCATION

• Undergraduate degree or technical certificate and/or
• 7 years relevant experience in operational risk.

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):