Work Location:
Singapore, Singapore

Hours:
40

Line of Business:
Governance & Control

Pay Details:

We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Job Role/Responsibilities

This position reports to the Senior 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

• Enable, oversee and support the 1st line of defense for third party activities with the following core capabilities:
• Enhancing the culture and awareness of proactively managing and mitigating Third Party Risk
• Performing support and effective 1B challenge of Third Party Risk activities
• Driving change initiatives in the Third Party space on behalf of the businesses and corporate areas
• Act as a Liaison with 2nd line, 3rd line and Regulators on behalf of the 1st line

• Role of Forward Deployed Resources
• 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