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Manager, Group Risk - US

AT TD Bank
TD Bank

Manager, Group Risk - US

New York, NY

Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
Risk Management

Pay Detail:
$115,000 - $185,000 USD

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.

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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:

The VP Risk TDS responsibility is to bring transparency to the market risks in TDS. This is achieved via taking a leadership role in the accurate, objective assessment of all key market risks in all trading portfolios in TDS through the identification, understanding and control of these risks.

Provide a comprehensive and diverse range of capital risk management activities, acting as a subject matter expert while offering guidance and support to business partners within your area of specialization. Lead in the accurate and objective assessment of key capital risks through identification, control, and ongoing review. Oversee, provide commentary, and make recommendations aligned with overall strategy and industry best practices. Ensure that capital programs and policies are well managed, comply with internal/external requirements, and align with business priorities.

  • Takes a leadership role in the accurate, complete, and objective assessment Capital Risks through the identification, understanding, control and ongoing review of risks.
  • Works autonomously as the lead and guides others within area of expertise.
  • Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities.
  • Responsible for the measurement, analysis, monitoring and reporting of Capital Risks.

Customer

  • Provide oversight of the Capital Risk management, including independent reviews of key assumptions model usage, reporting and data, calculation methodologies, and capital framework and policy.
  • Maintain a culture of risk management and control, supported by effective processes in alignment with the established risk appetite for Capital Risk.
  • Monitor and escalate the firm's capital positions, including design and implementation of firm's risk appetite.
  • Document policies to capture risks that we can measure and understand, aligned to TD's risk appetite.
  • Analyze key risk factors / relationships / patterns and trends and provides recommendations on mitigating potential risks and/or escalates key issues accordingly.

Shareholder

  • Ensure the compliance of the Capital Risk processes with both US and OSFI regulations.
  • Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations.
  • Lead, facilitate, and/or implement actions and remediation plans to address performance / risk /governance issues.
  • Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements.
  • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
  • Communicate difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders.

Team

  • Support a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensure timely communication of issues/ points of interest.
  • Participate in personal performance management and development activities, including cross training within own team.
  • Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities.
  • Act as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists.
  • Proactively identify opportunities for process efficiencies where opportunities exist.
  • Keep current on emerging trends/ developments and grow knowledge of the business, related tools, and techniques.

Education & Experience:

  • 4 year degree in quantitative or financial field or equivalent experience
  • 7 - 10 years related analytical experience
  • Must be detail oriented and possess problem-solving skills
  • Must be able to work independently with minimal supervision and establish priorities
  • Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

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 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 USWAPTDO@td.com. 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.

Client-provided location(s): New York, NY, USA
Job ID: TD_bank-R_1371868
Employment Type: Full Time