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Risk Manager, Third Party Risk Relationship

AT TD Bank
TD Bank

Risk Manager, Third Party Risk Relationship

Fort Lauderdale, FL

Work Location:
Mount Laurel, New Jersey, United States of America

Hours:
40

Pay Details:
$86,840 - $130,000 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.

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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Line of Business:
Governance & Control
Job Description:

This position reports to the Risk Manager, Third Party Risk Relationship and is responsible for supporting the Third-Party Risk Management Office (TPRO). The successful candidate is a results-driven individual, someone who thrives in complexity and high-level of ambiguity. TPRO will focus on managing third party risks, providing guidance and challenge the processes related to the control environment, and supporting compliance with regulatory requirements and TD Standards. In this role you will have the following core responsibilities:

  • Develop, communicate and implement a holistic governance and control strategy for own specific business function in support of and integrated with the overall business strategy
  • Manage and plan activities that require alignment across multiple areas
  • Lead the implementation of regulatory change management and provide guidance to the team in the development and/or integrated implementation of policies / procedures / changes across multiple business / functional areas
  • Ensure all administration, control and compliance activities are complete and accurate to meet targets for own area.
  • Ensure an integrated and aggregated view of all related business risk and control activities across the overall function providing escalations, recommendations, and decision support to leadership
  • Forecast programs / initiatives and demand, and coordinate prioritization of the portfolio/ initiatives with key stakeholders.
  • Provide functional / business level communications to ensure messages to stakeholders and/or employees are consistent, appropriate and aligned to business risk strategies and executive management direction
  • Provide direction to complex, wide ranging enterprise or cross-function / business projects and participate in designing, testing, and implementation of solutions.
  • Work closely with senior management to develop business plan, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale
  • 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.
  • Ensure business operations are in compliance with applicable requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
  • Lead or contribute to cross-functional / enterprise initiatives 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
  • Protect the interests of the organization - identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary
  • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
  • Strategic partner to leadership team on the management of the function, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas

Education & Experience:

  • Undergraduate degree preferred
  • 7+ years of relevant experience
  • Advanced business understanding and knowledge of risk and control functions
  • Advanced knowledge of governance, risk and control procedures, strategies & tactics
  • Knowledge of current and emerging competitor and market trends
  • Ability to establish goals and objectives that support delivery execution for multiple teams
  • Ability to contribute to the direction of the function and provide advice to the team and delivery leadership
  • Ability to lead, plan, execute and evaluate project activities to ensure completion of initiatives
  • Skill in mentoring, and performance management
  • Skill in using analytical software tools, data analysis methods and reporting techniques
  • Skill in using computer applications including MS Office and industry standards
  • Ability to communicate effectively in both oral and written form
  • Ability to work collaboratively and build relationships across teams and functions
  • Ability to work successfully as a member of a team and drive team execution
  • Ability to exercise sound judgement in making decisions
  • Ability to analyze, organize and prioritize work while meeting multiple deadlines

PREFERED QUALIFICATIONS

  • Relationship manager and trusted advisor providing guidance and challenge on third party risks and controls for Business Segment/Corporate Area they support and EVMO leadership.
  • Advise, guide, support and challenge business owners on pre-contact & post-contract activities and manage the relationship
  • Identify, assess, monitor, report on and help prioritize the remediation of 3rd party risk and control gaps or issues including playing a lead role in risk and control assessments.
  • Collaborate with partners by providing expertise to enable informed decisions in alignment with the overall risk tolerance.
  • Partner with VMOs and TPRO COEs to continuously improve control environment
  • Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
  • Uses sophisticated analytical thought to exercise judgement and identify solutions
  • Integrates knowledge of the enterprise sub-function's or business line's overarching strategy in developing solutions across multiple functions or operations

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 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): Fort Lauderdale, FL, USA; Mt Laurel Township, NJ, USA
Job ID: TD_bank-R_1381211
Employment Type: Full Time