Vice President, Capital Risk-US

TD Bank

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profile Job Location:

Mount Laurel, NJ - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Work Location:

New York New York United States of America

Hours:

40

Line of Business:

Risk Management

Pay Detail:

110000 - 140000 USD

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:

Position Summary

We are looking for a Vice President to join TDs Capital Risk & Governance team. This role will be part of a specialized team of capital risk professionals providing independent risk management oversight of the US Capital Management team and is responsible for ensuring that all significant capital risks are thoroughly understood analyzed and measured against the Banks risk appetite.

Key Accountabilities

  • Provide oversight of US Capital Management including independent reviews of capital position reporting stress testing results (including DFAST) baseline forecasting limit calibration and capital actions.
  • Maintain a culture of risk management and control supported by effective processes in alignment with the established risk appetite for Capital Risk.
  • Develop thorough understanding of the US banks capital strategies risks and drivers.
  • Ensure the compliance of capital risk management processes with US regulations understanding that regulatory compliance alone is not sufficient and that capabilities should be commensurate with the size scale and complexity of the bank.
  • Contribute to the Independent Capital Risk Evaluation including review of processes procedures and controls to ensure that the business control and infrastructure functions are meeting the organizations effective risk management requirements.
  • Liaise closely with other business partners including Treasury Balance Sheet Management other second-line of defense risk partners and Internal Audit.
  • Facilitate and/or implement actions and remediation plans to address performance risk and governance issues.
  • Keep current on emerging issues trends and evolving regulatory requirements and grow knowledge of the businesses and related products.

Requirements

  • 4-year degree required
  • 4-6 years of experience in Risk Treasury Accounting/Finance or Audit preferred
  • Knowledge of capital planning and stress testing regulations
  • Demonstrated strong conceptual and analytical abilities
  • Strong internal control orientation
  • Exceptional problem-solving skills and communication skills (both written and verbal)
  • High attention to detail and ability to work independently to multi-task/manage priorities and meet tight deadlines

he VP Risk TDS responsibility is to bring transparency to the market risks in TDS. This is achieved via taking a leadership role in the accurate objective assessment of all key market risks in all trading portfolios in TDS through the identification understanding and control of these risks.

Depth & Scope:

  • Serves as a point-person and provides oversight in regards to market risk control for trading desks in the Region
  • Assists in the identification of all key market risks and determine appropriate risk metrics to assess these risks
  • Maintains thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties
  • Establishes dialogue with TDS trading desks in regards to current positions key risks views and strategies
  • Assists in the establishment of formal market risk policies and procedures and ensure ongoing suitability to business evolution
  • Assists with local market risk regulatory issues
  • Develops a thorough understanding of business strategies and key factors contributing to profitability
  • Be involved in P&L attribution and periodic performance analysis with commentary linking the desks performance to specific trading strategies positions market conditions and underlying risks
  • Facilitates the design of appropriate stress tests and scenarios that will highlight key market risks in specific business lines and in the firm as a whole under stress situations and provide ongoing commentary on stress results
  • Provides periodic analysis and commentary of key market risks for senior management review
  • Keeps abreast of new risk management techniques and industry literature
  • Demonstrates governance control and risk management behaviors in alignment with TD policies and practices
  • Ensures that execution of the Market Risk Control function is line with documented procedures specific to this role or business


Education & Experience:

  • 4 year degree in quantitative or financial field or equivalent experience
  • 7 - 10 years related analytical experience
  • Must be detail oriented and possess problem-solving skills
  • Must be able to work independently with minimal supervision and establish priorities
  • Proficient in interpersonal communication (both oral and written) and have the ability to communicate effectively with all levels of staff and management

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

  • Domestic Travel Occasional
  • International Travel Never
  • Performing sedentary work Continuous
  • Performing multiple tasks Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds Occasional
  • Sitting Continuous
  • Standing Occasional
  • Walking Occasional
  • Moving safely in confined spaces Occasional
  • Lifting/Carrying (under 25 lbs.) Occasional
  • Lifting/Carrying (over 25 lbs.) Never
  • Squatting Occasional
  • Bending Occasional
  • Kneeling Never
  • Crawling Never
  • Climbing Never
  • Reaching overhead Never
  • Reaching forward Occasional
  • Pushing Never
  • Pulling Never
  • Twisting Never
  • Concentrating for long periods of time Continuous
  • Applying common sense to deal with problems involving standardized situations Continuous
  • Reading writing and comprehending instructions Continuous
  • Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 6500 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 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 base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and well-being benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. 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.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.


Required Experience:

Exec

Work Location:New York New York United States of AmericaHours:40Line of Business:Risk ManagementPay Detail:110000 - 140000 USDTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleagu...
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Key Skills

  • Change Management
  • Financial Services
  • Growing Experience
  • Managed Care
  • Management Experience
  • Analysis Skills
  • Senior Leadership
  • Performance Management
  • Process Management
  • Leadership Experience
  • negotiation
  • Analytics

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