AVP Operational Risk, Process and Execution

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$160,000 - $200,000 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:

The Associate Vice President, Operational Risk Management, Process and Execution will be responsible for holding the first and second line accountable to delivering Process & Execution Risk programs,, investing in controls to prevent operational losses and developing business practices that are aligned to TD's values & ethics while meeting all applicable laws, rules, and regulations. The AVP will be an active member of risk management committees for Process & Execution Risk Programs and will be expected to mature Operational Risk Programs to align with regulatory expectations and industry practice.

Depth and Scope

• Own, manage and evolve core Operational Risk Programs related to Process & Execution Risk and are documented in respective Frameworks, Policies and Standards to set a consistent and appropriate bar across the Bank regarding how Operational Risk is governed and managed to meet regulatory expectations, TD's strategic objectives and stakeholder/client interests.

• Driving strategic Process Risk & Execution program uplifts to achieve advances in governance and risk management.

• Responsible for ongoing Process Risk & Execution program management including reporting, internal training and socialization of Process Risk & Execution program expectations and emerging risks with key stakeholders, leaders, senior executives and key control partners to drive change and adoption across the Bank.

• Work with various partners (e.g., EGRC, Compliance, FCRM, Audit, etc) and Business Segments/Corporate Functions to mature process & execution risk management, including frameworks, policies, standards and risk reporting.

• Lead Process & Execution Risk program management to promote a strong risk and control environment and foster a strong culture of integrity, ethics and regulatory compliance.

• On a regular basis, or as needed, report updates to designated risk committees from an enterprise perspective.

• Oversee and monitor adherence to the frameworks, policies and standards from an enterprise perspective.

• Provide routine and regular reporting of Process & Execution Risk program activities, issues and events, through appropriate channels.

• Manage Process & Execution Risk programs within the parameters of the financial plan, on time and on budget.

• Maintain positive, honest, transparent and constructive relationships with regulators.

Education and Experience

• 10+ years progressive experience in Operational Risk Management or related field.

• 5 years+ executive experience in Operational Risk Management or equivalent preferred.

• Have knowledge of the regulatory environment and requirements, the banking industry and TD operations.

• Be a skillful communicator and influencer to build relationships with both internal and external stakeholders, providing challenge and push back as needed and advancing decision making.

• Be a highly motivated individual with a track record of successfully developing and implementing large scale programs with superior results, while managing effectively in a highly matrixed environment.

• Be able to effectively challenge business leaders while providing value added guidance.

• Can work with a pool of experts and ensure high levels of service even when the effort crosses organizational boundaries.

• Possess and operate with a strong risk and control mindset.

• Can build for the future by attracting and developing the best people.

• Thrive in an ambiguous and fast-paced environment, managing multiple deadlines and priorities.

• Be transparent, with colleagues, businesses and regulators using our vision and framework to guide discussions.

• Work collaboratively with others as we innovate and simplify.

• Develop and strengthen the team while embracing diversity.

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