Enterprise Risk Management Director

at  TD Bank

JOB DESCRIPTION:

This opportunity will require you to take the lead responsibility for enhancing and embedding an effective Enterprise Risk Management (ERM) Framework in Europe and Asia Pacific (EAP), in line with Group requirements.

Responsibilities include:

• Support the implementation of Enterprise Risk frameworks, policies, standards and procedures in coordination with the Group risk program
• Support the reporting and governance structures that underpin the effective implementation of ERM in the region (inclusive of risk reporting to Risk Oversight Committees and Boards)
• Act as a conduit to the Corporate ERM team in refresh of programs to ensure regional requirements are incorporated
• Support the annual refresh of Risk Appetite for the region and quarterly monitoring against agreed measures at Executive Risk Committees and Boards
• Support annual refresh of strategic Risk and Control Self Assessments (sRCSAs/ Risk Registers) to inform risk identification and monitoring at senior executive and Board levels and to support the Top, Emerging and Accepted Risk (TEAR) process
• Keep abreast of emerging issues, trends and evolving regulatory requirement and assess the potential impact to the Bank
• Act as a key part of the EAP risk team and as a thought leader for risk-related activities; participate in knowledge transfer to the businesses and functional teams
• Act as a Risk liaison and provide risk project support, challenge and oversight for projects that requires involvement from multiple risk teams
• Develop ongoing and active engagement with SMEs in North America to develop a local view and local expertise of non-traditional risks, such as Model Risk Management and Data Asset Risk Management
• Provide technical risk management input into regulatory reporting processes such as ICAAP
• Act as a central point of coordination with the Enterprise Social and Governance (ESG) group in Toronto in support of the development of a climate risk management framework for the region
• Act as a central point of coordination with Risk Shared Services (to ensure communication and coordination of requirements related to attestations, HR deliverables etc.)
• Act as a central point of contact with North American teams on Continuous Improvement Programmes
• Assess and identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required

JOB /SKILLS REQUIREMENTS

• Undergraduate degree or technical certificate and /or 10+ years relevant experience
• Excellent knowledge of key risk types, how they inter-relate with each other and how they could impact the performance of the bank
• Good understanding of risk management practices, processes and techniques
• An understanding of Capital Markets and key regulatory requirements and their impact on the business such as capital, liquidity and IRRB
• A good communicator who can build effective relationships across functional and business partners

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.

• Support the implementation of Enterprise Risk frameworks, policies, standards and procedures in coordination with the Group risk program
• Support the reporting and governance structures that underpin the effective implementation of ERM in the region (inclusive of risk reporting to Risk Oversight Committees and Boards)
• Act as a conduit to the Corporate ERM team in refresh of programs to ensure regional requirements are incorporated
• Support the annual refresh of Risk Appetite for the region and quarterly monitoring against agreed measures at Executive Risk Committees and Boards
• Support annual refresh of strategic Risk and Control Self Assessments (sRCSAs/ Risk Registers) to inform risk identification and monitoring at senior executive and Board levels and to support the Top, Emerging and Accepted Risk (TEAR) process
• Keep abreast of emerging issues, trends and evolving regulatory requirement and assess the potential impact to the Bank
• Act as a key part of the EAP risk team and as a thought leader for risk-related activities; participate in knowledge transfer to the businesses and functional teams
• Act as a Risk liaison and provide risk project support, challenge and oversight for projects that requires involvement from multiple risk teams
• Develop ongoing and active engagement with SMEs in North America to develop a local view and local expertise of non-traditional risks, such as Model Risk Management and Data Asset Risk Management
• Provide technical risk management input into regulatory reporting processes such as ICAAP
• Act as a central point of coordination with the Enterprise Social and Governance (ESG) group in Toronto in support of the development of a climate risk management framework for the region
• Act as a central point of coordination with Risk Shared Services (to ensure communication and coordination of requirements related to attestations, HR deliverables etc.)
• Act as a central point of contact with North American teams on Continuous Improvement Programmes
• Assess and identify key issues and escalate to appropriate levels and relevant stakeholders and business management where require