Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$200,000 - $280,000 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.

Line of Business:

Risk Management

Job Description:

The US Risk Transformation Lead is responsible for leading and driving the execution of strategic change and interrelated risk transformation initiatives across US Risk Management.  This role is accountable for the resolution and remediation efforts of Matters Requiring Immediate Attention (MRIAs), Matters Requiring Attention (MRAs), audit findings as well as addressing regulatory mandates and other regulatory findings.

Depth & Scope:

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required

Leads and manages risk transformation initiatives with a focus on strengthening risk management frameworks, enhancing technology solutions, and improving reporting capabilities

Leads risk transformation initiatives, focused on strengthening risk management frameworks, enhancing technology solutions, and improving reporting capabilities

Delivers an effective risk management program through the alignment of risk management strategy and objectives, risk and controls framework, and technology capabilities

Drives identification and prioritization of risk transformation agenda and the alignment with the bank strategy and goals

Serves as strategic thought leader, continuously challenging the status quo to define and implement a best-in-class risk management function, driving toward industry-leading practices, frameworks, and outcomes

Establishes governance structures to provide oversight for risk transformation and remediation efforts

Proactively identifies critical dependencies between the various initiatives, provides recommendations for alignment with focus of effectiveness and efficiency

Provides oversight and execution over all aspects of execution, including scope definition, project plans creation, establishment of roles and responsibilities, setting of success measures, key performance indicators, and quality benchmarks

Drives definition of current and development of target state for risk and control frameworks aligned to best industry practices and regulatory expectations

Ensures developed target state and final deliverables confirm to regulatory commitments and expectations

Continuously monitors the execution of transformation initiatives to ensure clarity of roles, responsibilities, and accountability across stakeholders and subject matter experts involved in the implementations

Executes on the implementation of sustainable solutions that address the root causes of regulatory findings and enhances the overall risk management framework

Drives consistency and best practices of project and change management within the Transformation team as well as internal stakeholders 

Challenges stakeholders throughout regulatory remediation efforts and execution of transformation initiatives to ensure identified solutions and proposed implementation approaches are aligned with strategic objectives

Partners with key stakeholders comprised of business lines and functional leaders to ensure a coordinated approach to risk management and alignment with regulatory requirements and non-financial risk management objectives

Fosters a culture of partnership, collaboration, accountability, and continuous improvement

Monitors all in progress transformation initiatives to proactively escalate potential risk issues and drive timely completion of remediation

Establishes and provides senior management reporting to ensure transparency and accountability across all initiatives

Creates an environment that drives a high level of performance to build capability across the team

Education & Experience:

Bachelor's degree required

Advanced degree (MBA, JD, or equivalent) preferred

Project Management certification preferred

15+ years of experience in Risk Management, Regulatory Compliance, or related roles within banking or the financial services industry. 

Experience building risk and controls frameworks and risk management technology solutions

Proven track record in leading large-scale remediation and transformation programs

Demonstrated ability to oversee/manage multiple initiatives, projects or tasks that are often spread over a lengthy time continuum and/or are complex and multi-faceted

Strong knowledge of non-financial risk management principles and regulatory requirements in the US banking sector

Experience responding to regulatory findings and executing with speed on regulatory remediation efforts

Exceptional leadership communication and stakeholder management skills

Ability to navigate complex regulatory environments and provide actionable solutions

Strong interpersonal and influencing skills to manage cross-functional teams and influence senior stakeholders

Operates with a high level of integrity, accountability, and maintains resilience under pressure

Strategic and analytical thinking with a results-oriented mindset

Strong relationship building skills and the ability to develop and maintain relationships at all levels of management throughout the organization

Excellent written and verbal communications skills; ability to engage effectively with senior stakeholders and the ability to develop business communications calling for specific action

Strong ability to analyze information and business situations and effectively collaborate with business partners on overall corporate direction

Possesses and operates with a strong Control/Risk Management mindset

Thrives in an ambiguous and fast-paced environment, managing multiple deadlines and priorities

Must be skilled in scheduling/delegating activities and prioritizing accountabilities, projects and tasks to ensure proper resourcing to satisfy established deadlines

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.