Senior Manager, Enterprise Non-Trading Market Risk

Senior Manager, Enterprise Non-Trading Market Risk page is loaded Senior Manager, Enterprise Non-Trading Market Risk Apply remote type Hybrid locations TD Centre - TD Tower - 66 Wellington Street West time type Full time posted on Posted Today job requisition id R_1348943

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We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Department Overview:

A World-Class, Diverse, Inclusive and Forward-Thinking Risk Management Team

Curious, creative, innovative, independent. Do any of these attributes describe you? If so then you may be perfectly suited for our team. The rapid pace of change in capital market and treasury businesses forces us to work with agility and speed and creates a dynamic place to work.

The Enterprise Non-Trading Market Risk (ENTMR) team is part of the dynamic Market Risk team. As second line of defense, The Market Risk team is responsible for providing independent oversight and challenge of the Bank's trading risks, non-trading market risk and liquidity risk. 

ENTMR's mandate includes:
 
• Developing a strategic and respected independent governance and oversight risk management team
• Setting the Bank's NTMR risk appetite working with the first line of defense, and developing & maintaining risk frameworks where limits are respected and consistent with the Bank's risk appetite
• Setting the second line of defense governance structure, including the decision-making model and the roles & responsibilities of all NTMR stakeholders

• Proactively evaluating the Non-trading Market risk structure, and identifying relevant emerging risks and industry standards
• Providing independent oversight over risk measures, which includes independent review, challenge, and approval of scenario designs, measurement input (e.g., assumption, methodologies…) and review of results

• Providing oversight of risk within the Bank, with all significant risks and results appropriately measured and made transparent to the CRO TDBG, Senior Management, and the Risk Committee of the Board

• Influencing business solutions to incorporate risk management views in planning and execution
• Maintaining an effective relationship with regulators to maintain compliance with applicable regulatory requirements while proactively addressing regulatory expectations

Job Description:

The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution. Reporting to the Associate Vice President, Enterprise Non-Trading Market Risk , the accountabilities of the Senior Risk Manager role include, but are not limited to: 

• Providing in depth technical leadership and expertise in the oversight and challenge of non-trading market risk across the Enterprise (Retail Bank and Wholesale Bank)
• Keeping up-to-date on emerging issues and evolving regulatory requirements to develop and review Non-trading Market Risk policies and frameworks.
• Building a maintaining strong relationship with key Business Partners and represent ENTMR in various forums and committees.
• Key contact for valuation issues including Independent Price Verification (IPV)
• Providing oversight and thought leadership to key assumptions through expertise and highly specialized knowledge of analytical concepts and techniques.
• Leading Key Non-trading Market Risk initiatives including Framework/Policy reviews, second line NTMR measurement oversight, NTMR related assumption reviews, and of NTMR stress testing framework
• Understanding the requirements of the new Interest Rate Risk in the Banking Book (IRRBB) standards and their implication to the Bank
• Proactively build awareness of key risk issues by educating business leaders and providing training to the team
• Understand and comply with TD policies, regulatory, and compliance requirements

Job Requirements:

The successful candidate is required to have:

• The ability to lead a team of subject matter experts and to build relationships with business partners and stakeholders and help support enterprise objectives.
• Advanced verbal and written communication skills, inclusive of the ability to communicate effectively for senior executive consumption.
• Knowledge of treasury functions and capital markets 
• The ability to inspire a positive work environment and champion quality, innovation, and teamwork.
• Commitment to on-going learning
• Ability to find creative solutions to complex problems

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 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:
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
Your accessibility is important to us. Please let us know if you’d 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:

Our Values
At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific