AVP Operational Risk, Process and Execution

TD•Toronto, ON

9d•CA$160,000 - CA$200,000•Onsite

About The Position

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.

Requirements

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.

Responsibilities

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.