Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Senior Manager, Capital Risk

AT TD Bank
TD Bank

Senior Manager, Capital Risk

New York, NY

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

Hours:
40

Line of Business:
Risk Management

Pay Detail:
$180,000 - $220,000 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.

Want more jobs like this?

Get jobs in New York, NY delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.

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:

We are looking for a Senior Manager, Capital Risk to join TD Securities USA LLC. This role is responsible for leading, developing, and managing a highly specialized team of Capital Risk professionals, ensuring that all significant capital risks are thoroughly understood, analyzed, and measured against the Bank's risk appetite. This role is also responsible to provide effective challenge and oversight to deliver meaningful outcomes, all while operating within the Bank's defined risk parameters. As a thought leader, you will collaborate with other business lines and corporate functions to drive risk-related activities forward.

  • Lead and develop a team of subject matter experts and to build relationships with business partners and stakeholders and help support enterprise objectives.
  • Provide in-depth technical leadership and expertise in the oversight and challenge of capital risk across the Enterprise.
  • Plan and execute on strategic activities, review and communicate results, and adjust tactics accordingly.

Customer

  • Lead the development and/or implementation of specific standards, policies and/or processes that identify, report on and mitigate major risk exposures within the business.
  • Establish measurement of capital risk and/or other major risk categories as applicable to the business or functional area, and review findings and action plans with business leaders to mitigate and manage key issues.
  • Direct the development and monitoring of key risk indicators and facilitate communication and resolution of cross-business risk issues among other business segments where applicable.
  • Oversee and lead a large and/or highly complex and diverse reporting function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project / initiative success and achieve business results.
  • Provide oversight and thought leadership to key assumptions through expertise and highly specialized knowledge of analytical concepts and techniques.
  • Conduct market, industry, and client research in support of the ongoing risk assessment process.

Shareholders

  • Understand and comply with TD policies, regulatory, and compliance requirements.
  • Proactively build awareness of key risk issues by educating business leaders and providing training to the team.
  • Commitment to on-going learning, facilitate key strategic discussions, and provide thought leadership to executive audience.
  • Proactively identify key business opportunities, research and recommend enhancements/modifications, develop strategies to achieve recommendations and work closely with team to execute and implement.

Team

  • Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends, and identify operational efficiencies and opportunities with other business management/enterprise areas.
  • Lead, motivate and develop relationships with internal and external business partners/stakeholders to develop productive working relationships.
  • Monitor service, productivity, and assess efficiency levels within own function and implement continuous process improvements where opportunities exist.
  • Ensure employees are knowledgeable and assume responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct.

Job Requirements:

  • Undergraduate degree or technical certificate
  • 7-10+ years relevant experience
  • Ability to lead a team of subject matter experts and to build relationships with business partners and stakeholders
  • Advanced verbal and written communication skills, inclusive of the ability to communicate effectively for senior executive consumption
  • Knowledge of risk management, treasury functions and capital markets
  • The ability to inspire a positive work environment and champion quality, innovation, and teamwork
  • People Management experience

Depth & Scope:

  • Generally an expert at the enterprise or group business level, requiring broad managerial and deep specialized knowledge of risk management issues at the enterprise, business, regulatory and industry levels
  • Acts as the primary regulatory interface on risk issues and requirements for a key business segment of the Bank and assesses and provides direction for existing and new regulations
  • Manages or oversees a number of major risk area requirements such as Credit, Operational, Regulatory and/or Market Risk or related programs that are enterprise-wide or cross multiple business segments (e.g. Basel credit project, SOX, Stress Testing etc.)
  • Represents business on corporate initiatives and identifies key risks and implications and provides direction in complex situations
  • Works with various regulators, business / corporate and pan-wide business support groups to deal with regulatory and cross-business level issues

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_1395779
Employment Type: Full Time