VP, TDS U.S. ORM Governance, Framework & Policy

Work Location:

Hours:

Line of Business:

Pay Detail:

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:

The VP TDS U.S. ORM Governance Framework & Policy is responsible for establishing maintaining and enhancing the governance foundations that support operational risk management across TD Securities U.S. This is achieved through ownership of ORM frameworks policies procedures standards governance documentation training and awareness activities and regulatory implementation initiatives that promote a sustainable regulator-ready operational risk management program.

Department Overview

TDS U.S. Operational Risk Management (ORM) provides independent oversight and challenge of operational and non-financial risks across TD Securities U.S. As part of the second line of defense the team supports the effective implementation of TDs Enterprise Risk Framework and associated risk management programs while promoting strong governance risk transparency and regulatory compliance.

The team works closely with business risk compliance audit and corporate function partners across TD Securities CUSO TDGUS and Enterprise Risk Management to support the ongoing enhancement of risk management capabilities governance frameworks and regulatory readiness.

Job Description
The VP TDS U.S. ORM Governance Framework & Policy plays a key role in supporting the governance documentation implementation and continuous enhancement of operational risk management practices across TD Securities U.S. reporting to the Head of TDS U.S. Operational Risk Management.

The position serves as a senior operational risk management specialist responsible for ORM governance framework management policy development procedures standards methodology governance documentation training and awareness and regulatory change implementation activities. The role helps ensure TDS U.S. maintains a consistent well-documented and sustainable operational risk management program aligned to enterprise standards and U.S. regulatory expectations.

The successful candidate will work closely with operational risk compliance legal audit enterprise risk specialist risk functions and business stakeholders to develop governance solutions maintain ORM documentation support regulatory initiatives and enhance the overall maturity of the TDS U.S. ORM program.

This position will appeal to an individual who enjoys building risk management infrastructure translating regulatory requirements into practical governance solutions and serving as a trusted subject matter expert on operational risk governance matters.

Specific Responsibilities

ORM Governance & Framework Management

• Support the maintenance and enhancement of the TDS U.S. Operational Risk Management Framework.

• Assess alignment between enterprise standards regulatory expectations and TDS U.S. governance requirements.

• Lead governance assessments framework reviews and operational risk management maturity evaluations.

• Recommend enhancements to governance processes risk management methodologies and operational risk practices.

• Maintain framework documentation and supporting governance artifacts.

Policies Procedures & Standards

• Lead development and maintenance of ORM policies procedures standards guidance documentation and governance addenda.

• Coordinate periodic review and approval processes for governance documentation.

• Maintain documentation inventories and traceability to regulatory and enterprise requirements.

• Draft methodologies governance memoranda implementation guidance and supporting documentation.

• Promote consistency and sustainability across operational risk governance materials.

Regulatory Change Implementation

• Assess emerging regulatory developments and determine impacts to ORM programs governance requirements and risk management practices.

• Support implementation of regulatory commitments and regulatory-driven enhancement initiatives impacting TDS U.S.

• Translate regulatory expectations into sustainable governance policy procedural training and framework enhancements.

• Partner with stakeholders to support implementation activities and ongoing regulatory readiness.

• Support regulatory examinations remediation initiatives and governance reviews as required.

Training Awareness & Program Sustainability

• Develop and maintain ORM training awareness and communication materials to promote understanding of risk management requirements and governance expectations.

• Partner with stakeholders across TD Securities U.S. to support adoption of ORM policies procedures standards and regulatory-driven enhancements.

• Support implementation and ongoing enhancement of operational and non-financial risk management programs.

• Establish governance routines and monitoring processes to support sustainable implementation of ORM requirements.

• Promote continuous improvement and maturity of the TDS U.S. Operational Risk Management program.

Risk Governance & Assessments

• Lead or support regional risk assessments and governance reviews across TDS U.S.

• Support development of governance assessments committee materials and management reporting.

• Prepare gap assessments challenge documentation implementation reviews and governance analyses.

• Support Business Impact Analysis (BIA) governance methodology and oversight activities.

• Coordinate governance routines associated with ORM committees working groups and risk management programs.

Stakeholder Engagement

• Partner with stakeholders across Risk Compliance Legal Audit Enterprise Risk Management and business functions.

• Provide guidance on ORM policies governance expectations methodologies and framework requirements.

• Support implementation of enterprise and regulatory risk management requirements across TDS U.S.

• Monitor industry developments and emerging practices impacting operational risk management and governance.

Education & Experience:

• Undergraduate degree in Business Finance Risk Management or related discipline.

• Graduate degree (MBA Masters JD or equivalent advanced degree) preferred.

• 10 years of experience in Operational Risk Management Enterprise Risk Management Governance Regulatory Change Internal Audit Risk Consulting or related discipline.

• Experience within a GSIB broker-dealer investment bank or other large complex financial institution with significant U.S. wholesale banking and/or capital markets operations.

• Consulting experience strongly preferred.

• Demonstrated experience developing governance frameworks policies procedures standards methodologies and risk management documentation.

• Experience supporting regulatory examinations remediation initiatives and governance enhancement programs.

• Strong analytical technical writing communication presentation and stakeholder management skills.

• Experience supporting Federal Reserve OCC SEC FINRA or other regulatory initiatives.

• Experience delivering training governance awareness change management or risk program implementation activities preferred.

The 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.