JOB DESCRIPTION:

Job Title: Operational Risk Manager, TD Global Finance
Job Level: L10, VP
Contract Type: Fixed term contract; 18 months
Job Type: Non Regulated
Material Risk Taker: Not Applicable
Business/Product Group: Operational Risk, TD Securities Europe & Asia-Pacific
Location: Dublin, Ireland
Committee Membership: Not applicable
Reports to: TDGF CRO & TDGF Director, Operational Risk Management (ORM)
Direct Reports: Not Applicable
Position Summary: (Overview of key purpose and accountability of the role)
Operational Risk Management (ORM) works as an independent team, in partnership with the businesses and corporate functions of TD Bank Group, to further the understanding and management of operational risk. TD Securities (TDS) ORM is part of the 2nd line of defence and provides independent operational risk management oversight of TD Securities. We partner with the 1st line of defence in identifying, reporting and mitigating operational risk issues and are the subject matter experts on the operational risk framework and associated policies and standards. The group executes 2nd line accountabilities in support of the three lines of defence framework with a mandate to enable business growth, within risk appetite, through a culture of effective challenge and continuous improvement. The TD Global Finance Limited (TDGF) role provides local oversight of TDS businesses operating in Ireland, working closely with colleagues in the TDS ORM and Corporate Function ORM teams.

CENTRAL BANK OF IRELAND CONDUCT STANDARDS

In addition to the responsibilities set out in this job description, as well as TD’s own policies and procedures (see below), you required to comply at all times with the CBI Conduct Standards. The following Conduct Standards apply to you:

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.

• Primary purpose of role is to provide Operational Risk focused support for the new EU Banking Licence project, participate in the Risk Management workstream of the Authorisation Assessment Process, and provide Risk expertise in the 3 core phases of the application: Exploratory, Draft Application and Application Phase.
• Support the TDGF CRO and TDGF Director, Operational Risk in all matters relating to operational risk management.
• Support regional oversight and independent challenge of ORM activities for TDS ORM and TDGF ORM businesses and operations, across operational risk programmes, including for:
• Internal and external operational risk events
• Risk and Control Self-Assessments
• Control Testing
• Issues Management
• Key Indicators
• Scenario Analysis; and
• Operational Risk Training
• Work with SMEs to provide TDGF’s 2nd line oversight and challenge of other non-financial risks, such as:
• Third-Party, including Outsourcing Risk
• Ops Resilience Risk
• Fraud Risk
• Support the TDGF CRO and TDGF Director, Operational Risk in development of TDGF ORM risk appetite statement principles and measures and responsible for monitoring (and reporting on) compliance therewith
• Support the implementation and localization/maintenance of Operational Risk frameworks, policies, standards, and procedures in coordination with the Group risk program and as required under the Banking Licence.
• Support TDGF Director, ORM with analysis, interpretation, and consolidation of operational risk reporting to the TDGF CRO for onward reporting to senior management and the TDGF Board of Directors
• Develop and maintain good relationships with key business and operational risk management partners and other stakeholders.
• Responsible for keeping local and functional managers current and apprised of all relevant operational, risk management and control issues.
• Initiate actions to further improve your own skills and performance; continuously look for opportunities for professional development.
  Regulatory Requirements: (CF role holders)
  You must observe proper standards of market conduct. It is your responsibility to demonstrate that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business. You will promptly report to your supervisor(s) or manager(s) any instances in which you are aware of any violation or possible violation of such regulatory requirements by yourself or others.
  In particular, as a Controlled Function for the purposes of the CBI’s Fitness and Probity Regime ( F&P ), you must be aware of and comply with your obligations under the regime.

The F&P Standards require that a person must be:

• Competent and capable;
• Act honestly, ethically and with integrity; and
• Be financially sound.