Senior Manager, Operational Risk Management

Work Location

Toronto, Ontario, Canada

Hours

37.5

Line Of Business

Risk Management

Pay Details

$115,600 - $163,200 CAD

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 candidate's 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

Operational Risk Management is accountable for the design and implementation of TD’s Operational Risk Framework that sets out the Bank’s policies, processes and practices for the identification, assessment, reporting, mitigation and control of operational risk. Within this context, ORM acts as an independent risk management function responsible for ensuring the Bank has effective operational risk management programs to remain within the Bank's risk appetite.

TDBG applies the “Three Lines of Defence” model to managing risk. As a representative of the second line of defence, the position of Senior Manager, Operational Risk Management – KI ensures the appropriate design, implementation and/or execution of the Key Indicator program. This position reports to the AVP, Process & Execution Risk.

Senior Manager, Operational Risk Management –KI will be responsible for the KI Program including design, implementation and ongoing monitoring of the KI program as well as evolving the program to continuously align to regulations and meet changing industry expectations.

Key Responsibilities Include

• Collaborate with risk and business partners for successful coordination and delivery of the KI program to manage operational risk
• Own, enhance and implement KI program in line with the industry practices, evolving regulatory expectations and evolving risk ecosystem to ensure sustainable risk management practices benefiting the Bank
• Develop and transition KI program to target state in EGRC ServiceNow
• Ensure KI program documentation and artifacts are high-quality, accurate, completed within required timeframe, and meet all regulatory standards/expectations
• Conduct periodic benchmarking of TD’s methodology/practices to industry best practices and evolving regulatory expectations
• Represent TD as a subject matter expert in meetings with Regulators and industry working groups
• Identify strong talent, recruit, and develop a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome

Department Overview

Corporate Operational Risk Management (C-ORM) is accountable for the design and implementation of TDBG’s Operational Risk Framework, which sets out the Bank’s governance, policies, processes and practices for the identification, assessment, reporting, mitigation and control of operational risk. Within this context, C-ORM acts as an independent risk management function responsible for ensuring the Bank has effective operational risk management programs to remain within the Bank's risk appetite.

Job Requirement

• Over 10 years of related experience (e.g. experience in Risk Management, Governance & Control, Audit, etc.).
• Excellent presentation, organizational, analytical, interpersonal and communication skills to communicate information clearly to employees and management throughout the Bank.
• Exceptional leadership and planning skills to handle teams with functional diversity and complexity, and multiple points of contact
• Strong people skills - with demonstrated ability to impact and influence. The ability to build positive relationships with stakeholders across the Bank, work in a demanding environment and handle multiple deadlines and priorities.
• Strong knowledge and understanding of the financial services industry, risk management and regulatory requirements. Familiarity with Canadian and U.S. regulatory requirements and industry standards regarding operational risk management is valuable.
• Experience with designing and implementing change across the Bank
• Sound financial acumen, specifically exceptional research and analytical skills – ability to absorb information on a variety of often complex issues (financial and non-financial) and provide insights.

Who We Are

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