Risk Manager, Treasury Operational Risk Management (5452)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$96,900 - $136,800 CAD

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.

Job Description:

Department Overview

Enterprise Treasury Operational Risk Management (Treasury ORM) is an independent second line of defense function within Treasury Risk. The team provides operational risk oversight and effective challenge across Enterprise Treasury, including Liquidity Management, Asset Liability Management, Capital Management, Funding, Investment Portfolio, Recovery and Resolution Planning, and Data Management.

Treasury ORM works with Treasury management and control functions to support the effective identification, assessment, monitoring, and mitigation of operational risks. The team fulfills 2A accountabilities under the operational risk framework, provides independent challenge, and supports informed decision-making through risk insights, analytics, governance, and reporting.

Job Description

The Manager, Treasury Operational Risk Management, provides independent operational risk oversight and challenge to Enterprise Treasury. The successful candidate will leverage operational risk expertise, Treasury business knowledge, and strong analytical capabilities to assess risks, evaluate control effectiveness, identify emerging risk themes, and support risk governance activities.

Key Accountabilities

• Execute second line oversight responsibilities in support of the Three Lines of Defense model.
• Provide independent challenge of Treasury operational risk management activities, including risk assessments, key indicators, issues management, change initiatives, and governance processes.
• Review and challenge Treasury risk and control assessments, remediation plans, control effectiveness evaluations, and related risk management documentation.
• Assess operational risk implications associated with strategic initiatives, technology implementations, process changes, data initiatives, and regulatory programs impacting Treasury.
• Monitor and analyze operational risk trends, emerging risks, control performance, and issue themes to identify areas requiring management attention.
• Support the development of risk reporting, dashboards, management information, and presentations for senior management and governance committees.
• Lead risk reviews and deep-dive assessments to evaluate the effectiveness of controls and risk mitigation activities.
• Provide guidance and subject matter expertise on operational risk frameworks, policies, standards, and industry best practices.
• Build strong partnerships with Treasury, Risk, Technology, Compliance, Audit, and other control functions while maintaining independence of oversight.
• Escalate significant risks, control concerns, or emerging issues as appropriate.
• Contribute to operational risk program enhancements, regulatory initiatives, and special projects as required.
• Maintain awareness of evolving regulatory expectations, Treasury developments, emerging technologies, and operational risk industry practices.

Job Requirements

Education & Experience

• Undergraduate degree in Business, Finance, Economics, Accounting, Risk Management, Information Systems, or a related discipline.
• 7+ years of experience in Operational Risk Management, Treasury, Audit, Compliance, Risk Management, or a related control function within a financial institution.
• Experience working in, or supporting, Treasury, Capital Markets, Liquidity Risk, Funding, Balance Sheet Management, or related functions is considered an asset.
• Professional designation (CPA, CFA, FRM, CRM, PRM) is an asset.

Knowledge & Skills

• Strong understanding of Operational Risk Management frameworks, policies, standards, and governance practices.
• Knowledge of Treasury activities, including liquidity, funding, balance sheet management, capital management, recovery and resolution planning, and associated operational risks.
• Ability to provide independent challenge while maintaining constructive relationships with stakeholders.
• Strong analytical and critical thinking skills, with the ability to assess complex risk and control environments.
• Experience reviewing risk assessments, issues, action plans, key indicators, and governance reporting.
• Ability to interpret data, identify trends, and develop meaningful risk insights and recommendations.
• Experience supporting change initiatives, transformation programs, regulatory deliverables, or process improvement efforts.
• Strong presentation, report-writing, and communication skills with the ability to influence senior stakeholders.
• Proficiency in Microsoft Office applications and experience with data visualization and reporting tools (Power BI, Tableau, or similar) is preferred.
• Ability to manage multiple priorities in a fast-paced environment while exercising sound judgment and maintaining attention to detail.
• Demonstrated ability to work independently, collaborate across functions, and build effective relationships.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet