Director Enterprise Risk Gov & Controls (US) Non-model Risk Management, Governance / Analytics and Reporting) Non-Model Risk

Posted:
9/11/2024, 7:12:34 AM

Location(s):
New Jersey, United States ⋅ Charlotte, North Carolina, United States ⋅ North Carolina, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Work Location:

United States of America

Hours:

40

Pay Details:

$141,960 - $230,880 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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.

Line of Business:

Risk Management

Job Description:

The Director, Enterprise Risk Governance & Controls is accountable for the development and implementation of enterprise-wide strategies, methodologies, policies, frameworks, and guidelines. This leadership position requires flexibility and adaptability and a high degree of initiative to implement new enterprise practices and processes.

  • The Director of Non-model risk provides a comprehensive and diverse range of risk management expertise to business leaders. Leads and supports the implementation of appropriate risk frameworks and leading related management activities to mitigate enterprise and/or business-wide risk exposures for key business segment of the Bank or functional area. May provide oversight, commentary, and recommendations based on overall strategy and industry best practices.
  • Director of Non-model risk role will provide governance and oversight for non-model team. Non-models are analytical tools that are used to support business processes and are not considered models. The role will support the governance of non-models by reducing risk to the bank by ensuring that non-models are identified, risk tiered and inventoried correctly. Understanding Model Risk Management life cycle, model identification, validation, governance, and understanding / risk assessment of End User Computing Tools preferred.

Depth & Scope:

  • The scope of this mandate includes all business lines and corporate functional areas in all areas where the Bank has business activities
  • As a subject matter expert, interacts with the Chief Risk Officer, senior members of Risk Management and the wider risk management community in the business and corporate segments, as well as other control functions and occasionally with external partners and advisors; This position includes people management responsibilities, mentoring and development
  • Enterprise Risk Management Responsibilities include, but are not limited to: Developing enterprise governance frameworks, standards and practices and effectively implementing them throughout the Bank - where appropriate working in close partnership with respective business leaders/management
  • Maintains the ongoing development, monitoring and reporting of the Bank's Risk Appetite Statement, including the escalation of Risk Appetite threshold and limit of breaches to the Chief Risk Officer and other senior risk and business leaders
  • Leads the work effort to develop and implement robust reporting processes to assess and monitor the effectiveness of governance frameworks/adherence to standards
  • Researches best practices for banking governance matters and socializes with senior leaders as appropriate
  • Acts as the primary internal subject matter expert and develops organization capability around governance and decision processes aligned with TD's operating model and risk strategy
  • Works with senior business partners to establish and maintain a business review process, and develops a framework that governs the business review and approval process for new and existing businesses
  • Engages other corporate oversight functions to identify and implement consistent and effective approaches to risk and control-based activities
  • Supports the Enterprise Risk Management audit remediation to ensure findings are resolved in a timely manner, and maintains effective communication with senior audit and control process leaders
  • Maintains effective working relationships between all areas of Risk Management, Legal and Compliance to ensure regulatory and risk issues are managed effectively and communicated through appropriate governance bodies and protocols
  • Oversees the execution of the Bank's Risk Awareness Week campaign, in collaboration with risk and business partners throughout the Bank


Education & Experience:

  • College Degree
  • 12-15 years of risk, financial, project management experience
  • Possesses excellent verbal and written communication skills, presentation skills and problem solving skills
  • Superior interpersonal skills, with the ability to influence and obtain consensus among key stakeholders
  • Works well in fast-paced environment with the ability to manage various tasks simultaneously and work with changing priorities, while respecting competing deadlines
  • Strong organizational and follow up skills, coupled with careful attention to detail and accuracy
  • Ability to work independently and rationalize recommendations to senior management and executives
  • Ability and flexibility to work in a fluid and deadline-oriented work environment
  • Proficient computer skills, including Microsoft Office applications (Excel, Word, PowerPoint)

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Who We Are:
TD is one of the world's 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 95,000 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 you’ve 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, we’re 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 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:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll 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 we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll 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 are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.