Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Risk Management
Pay Details:
$91,200 - $136,800 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.
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Job Description:
Department Overview
Environmental and Social Risk Management (ESRM) is a dynamic, global department within Non Financial Risk Management at the Bank. The ESRM team is responsible for the development and implementation of TD's Environmental and Social (E&S) Risk Framework, policies, processes, governance and reporting structures to help segments identify, assess, mitigate, monitor and report on E&S risks.
Additionally, ESRM provides strategic advice and independent challenge to the first line to enable and support TD's achievement of E&S strategic objectives while operating within the Bank's E&S Risk Appetite. Environmental and Social Risk remains a top risk for the Bank with ongoing emphasis and focus to build out risk management activities across the Bank.
Job Description Summary
Reporting to the Senior Manager, ESRM, the Manager - Climate Scenario Analysis, ESRM, will support the development of climate risk-related analysis to support the effective management of climate risk within TD across the Banks' global footprint and act as a thought leader for all risk-related activities. The Risk Manager may also oversee a team of specialized project support or services within Risk Management. The successful candidate will work in a fast-paced and results-oriented environment for an emerging high-profile area of focus and will be part of a learning culture where ongoing development is encouraged.
KEY ACCOUNTABILITIES
- Lead the day-to-day execution of climate scenario analysis, working closely with partners across ESG Risk, the Businesses and Model Development
- Leverage data analysis expertise to develop insights and further the Bank's understanding of the implication of climate risk to the Bank
- Support ad-hoc deliverables related to climate risk management on TD's global footprint
- Support the development of climate risk action plans: identifying existing controls and gap analysis, recommending potential gap mitigation activities, and quantifying the impact of potential risks and solutions
- Represent ESG risk in climate-related workshops and engage senior management on key decision-making as appropriate
- Performs detailed analysis and interprets information to make recommendations to Senior Management.
Job Requirements
- Intermediate analytical and problem-solving skills are required to interpret data and draw conclusions.
- Strategic thinking: convergent and divergent thinking; think outside the box; ability to connect the dots
- Strong communication skills: clear articulation of the risks identified; facilitate effective discussion on complex issues
- Adaptivity: ability to remain organized and manage through multiple deliverables
- Relationship management skills: know how to work with both Business and Technology partners
- Organizational awareness: acumen to understand roles, relationships, and structures within the organization
- Intermediate to advanced competency in MS Excel and PowerPoint, and a variety of PC-based analytical and reporting software packages.
- Familiar with various analytical or reporting tools, such as Tableau preferred.
Additional Information
- ESG experience or experience in other risk areas are considered assets
- Credit risk experience and/or stress testing/modelling/loss forecasting experience are considered assets
CUSTOMER
Formulate relevant and meaningful data analysis through comprehensive data visualization tools, profiling tools and segmentation
- Lead on the interpretation of emerging regulatory requirements, generate multifacted insights and identify opportunities to address enterprise needs
- Present and communicate generated insights and recommended actions to stakeholders in an easily digestible manner, leveraging tools/ techniques/ methods to produce a variety of visualizations/ presentations that fit the audience
- Act as key liaison with partners and external groups and provide Risk subject matter expertise; partner, as necessary, effectively with key stakeholder groups such as Sustainability & Corporate Citizenship, Finance, Compliance, Legal, Audit, AML
- Lead and develop Risk enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's Risk Program
- Participate in / Manage global regulatory examinations and external / internal audits with respect to request for information
- Take corrective action and recommend or implement changes to procedures, as required
SHAREHOLDER
- Adhere to enterprise frameworks and methodologies related to activities for our business area
- Lead relationships with corporate and/or oversight functions to ensure alignment with enterprise and/or regulatory requirements
- Support team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank
- Assess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required
- Identify, mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followed
- Lead relationships with business lines / corporate and/or oversight functions to ensure alignment with enterprise and/or regulatory requirements
- Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
- Oversee or lead the facilitation and/or implementation of action / remediation plans to address performance / risk / governance issues
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
- Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
EMPLOYEE / TEAM
- Work effectively as a team, supporting other members of the team in achieving business objectives
- Participate in knowledge transfer within the team and other business units, including participation in cross-functional groups or committees
- Participate fully as a member of the 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
- Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit
- Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
- 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-today activities
- Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
- Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
- Contribute to a fair, positive and equitable environment that supports a diverse workforce
- Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
BREADTH & DEPTH
- Oversee and/or independently perform tasks from end to end
- This level can interact with any hierarchy level up to executive leaders and external vendors
- Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
- Integrates knowledge of the enterprise sub-function's or business line's overarching strategy in developing solutions across multiple functions or operations
- Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
- Acts as a technical expert / lead integrating cross function understanding within their own field of specialty; may manage team(s) of related specialists
- Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity
- Independently manages end-to-end functional programs
- Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
- Uses sophisticated analytical thought to exercise judgement and identify solutions
- Impacts the achievement of sub-function or business line objectives within the area they are accountable for
- Work is guided by policies and industry standards/methods
- Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
- Works autonomously as the lead and guides others within area of expertise
EXPERIENCE & EDUCATION
- Undergraduate degree or technical certificate and/or
- 7+ years relevant experience
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