Manager, Business Risk Oversight

Description

ABOUT TD WEALTH

TD Wealth offers a full range of competitive wealth and asset management solutions to retail and institutional clients. We help individual and institutional clients protect, grow and successfully transition their wealth. There are five unique lines of business:

Advice : Our fastest growing division which includes financial planning, full-service brokerage and private client groups.

Direct Investing : Canada's largest direct investing brokerage, provides a full set of offerings to retail clients in Canada.

TD Asset Management (TDAM): A leading North American investment management company comprised of both retail and institutional clients.

US Wealth: Leverages the branches in TD's US retail arm to offer a suite of products and services to American customers.

Wealth Shared Services: National back-office support function serving all market-facing businesses across strategic editorial content, business management, business architecture, wealth product, analytics and reporting, and operations.

Wealth Governance & Control: National 1B team, advising and supporting the management of the overall risk, control and governance portfolio for TD Wealth.

G&C OVERVIEW

TD Wealth's Governance & Control (G&C) team partners with the Wealth businesses to design, implement, maintain and monitor effective internal controls and ensure business activities remain within TD Bank's risk appetite and comply with external regulatory requirements. 

The team is responsible for ensuring timely and consistent implementation – across all Wealth businesses – of all risk, control and governance programs, initiatives, policies and strategic business projects. The Wealth Governance & Control team acts as the primary contact for the Wealth businesses, working closely with subject matter experts from each Wealth business line. The team works together with the business leaders to implement Wealth-wide Governance & Control methodologies, policy frameworks, standards and practices and are key members of enterprise projects / programs requiring Wealth representation.

OVERVIEW OF THE ROLE & THE WEALTH REGULATORY AFFAIRS TEAM

The role of Manager, Business Risk Oversight will be responsible for the oversight and reporting of business risks in the Wealth Lines of Business as they relate to the Enterprise Risk Framework, and assistance in the preparation and running of the Wealth Risk Forums, as well as thought leadership on Pan-Wealth initiatives with risk implications.

The Regulatory Affairs team is made up of three pillars:

Business Risk Oversight & Privacy

Regulatory Change

Tax Advisory & Oversight

Regulatory Exam Management

JOB DESCRIPTION

The Manager role reports to the Senior Manager, Business Risk Oversight and provides business risk oversight support as well as ad hoc business support for Wealth. In this role, the successful candidate will work closely with partners across the organization including senior executives in the various Wealth lines of business, as well as Compliance, Legal, Risk Management, AML, Products, Credit, Tax, Operations, Technology/Delivery, among others. The role's mandate is to help promote a sustained culture of best practices through the appropriate analysis of business risk. We are looking for a self-motivated and innovative individual who excels in a fast paced, sometimes ambiguous, and high impact business team.

PRIMARY RESPONSIBILITIES

Stakeholder Engagement

Meet with the Wealth lines of business regularly to understand and review business risks – both existing and emerging using best practices

Promote strong risk management practices and principles across the business unit, while identifying opportunities for improvement and recommend appropriate solutions

Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and Line

Risk Management Reporting

Prepare and present risk forum materials to executives across Wealth on business risks

Develop program-based reporting to provide status update, issues, KPIs, and action plans for the respective business area and continuously enhance reporting, as needed

Consolidates risk information, summarizes issues, analyzes trends and provides regular reporting to senior management and lines of business partners using digitalization and visualization

Risk Management Monitoring

Proactively keep management informed of industry activities, risk issues, and potential risk to Wealth with clear and concise impact assessments on potential exposures and recommendations

Promote strong risk management practices and principles across the Wealth lines of business

JOB REQUIREMENTS

Qualifications/Skills/Experience

3-5 years' experience in Wealth in risk management, compliance, or consultant/advisory experience

Strong analytical, critical thinking, and proactive problem management skills.

Excellent communication skills (oral and written) to communicate clearly at all levels, including ability to prepare executive level decks, memos and reports

Excellent organization skills and ability to consume large volumes of information and summarize it in a meaningful way for stakeholders.

Ability to take initiative, work independently and handle multiple tasks.

Ability to build strong relationships and influence senior stakeholders.

Ability to manage work under tight timelines and changing priorities.

Technical Knowledge/Skills

Excellent Microsoft Excel and Powerpoint skills is a must, experience using business intelligence tools (i.e Tableau, Python, R) is considered an asset.

Advanced skills with Microsoft product suite (Excel, PowerPoint, Visio etc)

Education

Completion of a University degree and/or equivalent work experience

Professional designations in accounting, risk, law or compliance are an asset.

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 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. 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 solutions. In 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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.

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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 (Quebec only):