Group Risk Specialist (ATH 2883)

Job Description:

The Risk Manager supports an effective risk management framework by partnering with the business and control partners in identifying, reporting and mitigating operational risk issues and is a subject matter expert in the operational risk framework and risks/process/controls. The role is accountable for identifying issues and risks to make sure they are understood and managed within Wealth's risk appetite.

The Risk manager reports directly to the Senior Risk Manager, Wealth ORM.

Accountabilities of this role include but are not limited to the following:

• Supporting delivery of 2nd line challenge activities required to execute on the ORM Framework, including but not limited to:
  • Process Risk and Control Self-Assessments (pRCSA) across all Wealth processes
  • G& C testing of key controls identified from the pRCSA, and remediation plans on any identified gaps
  • Issue Management Framework ensuring inadequately mitigated risks due to a weakness/gap in controls gets executive attention and remediated
  • Internal Loss Event Data (ILED) Operational Risk Event Notification and Reporting
  • Scenario and External Loss Event Data analysis
• Engage in special initiatives on emerging risk or regulatory/industry requirements
• Participation in Risk Forums
• Develop and maintain active and cooperative relationships with key internal and external business partners such as Internal Audit and the Wealth Risk and Operational Management teams
• Maintain a strong understanding of business owned risks to adequately assess risk exposures and impacts
• Contribute to project oversight activities such as identifying risks and recommending mitigation measures, communicating activity status, as well as escalating possible issues.
• Effectively partner with Governance & Control to manage Risks associated with change

Department Overview

TD applies the "Three Lines of Defense" model to risk management. Risks are owned and managed by the business (first line), which is responsible to develop, operate, and monitor sufficient controls. Risk Officers (and other governance roles) form the second line. The second line is independent of the business; it provides policies, standards and methodologies, and has the accountability and authority to assess and challenge the first line to ensure compliance with the same. Internal Audit is the third line of defense, providing periodic independent verification of first and second line activities.

Wealth Risk Management: The TD Wealth Risk Management function provides independent oversight and governance with respect to the Wealth segment. Wealth Risk accountabilities follow the TD Risk Management Mandate and in addition, is accountable to the Risk Committee of the Board with respect to the identification, assessment, measurement, control, monitoring and reporting risk management activities.

Within Wealth Risk, the Wealth Operational Risk Management (ORM) department works with our business partners to ensure that the operational risk that stems from people and technological processes, including change, are identified, monitored and managed effectively.

If you want to be our brand ambassador, join our team and make an impactful contribution to TD and your own success.

Job Requirements

Specific Educational Requirements/Accreditations:

• Post-secondary education.
• Level 1 Operational Risk Management certification program to be completed within the first year of hire; completion of levels 2 and 3 within two years of hire.

Other Qualifications/Skills/Experience:

• Deep industry and business knowledge and expertise on risk and control functions
• 5+ years of experience
• Advanced knowledge of governance, risk and control procedures, strategies, and tactics
• Advanced knowledge of risk management environment, standards, regulations, and mitigation
• Ability to exercise sound judgement in making decisions
• Proven history of making an impact and executing on strategies and delivering superior results in a high volume, fast paced environment
• Well-developed analytical and problem-solving skills
• Excellent team player with demonstrated interpersonal and relationship management skills and a strong ability to make things happen through the use of positive influence
• Strong verbal and written communication skills
• Inquisitive by nature, proactively identifying risks/issues and challenging status quo

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.

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):
Sans Objet