Director, Governance & Control, TD Securities (US)

TD Bank • New York, NY

1d

About The Position

The TDS Governance and Control team is a first line of defense team responsible for providing risk and compliance advice and oversight to ensure our TDS business partners have adequately considered, managed, and mitigated risks in day-to-day activities, operations, products and services, and are operating within risk appetite in compliance with regulatory requirements, Bank policies and risk appetite. Members of TDS Governance & Control require sufficient expertise to review and assess whether the Business is adhering to internal (risk management, oversight function and audit) and regulatory requirements, requests, and expectations. Reporting to the Senior Manager, Governance and Control, the Manager supports Change Governance Programs across TD Securities (Globally), ensuring a strategic, risk-based approach for alignment with Enterprise Change Governance Standards. The position has a high level of direct interaction with Executive Sponsors, Change Delivery Teams, and Risk and Control partners. This position will require an individual who can 'think outside of the box' in terms of developing, communicating, sharing, implementing and improving project methodology and governance processes, controls and tools. The Director Governance & Control partners with the Business and other groups globally to mitigate risk and delivers world class service to its global client base. Additionally, ensures the Business adequately consider, manage, and mitigate the risks in day-to-day activities, operations, products, and services, and is operating within risk appetite. Director Governance & Control reviews and assesses whether the Business is adhering to internal (risk management, oversight function and audit) and regulatory requirements, requests, and expectations.

Requirements

• Understanding of Wholesale banking business.
• Strong compliance and/ or risk management background .
• Proven ability to successfully lead change and manage effectively in matrixed environment.
• Skillful communicator and influencer to build relationships, advance decision making, and effect change over time.
• Initiative-taking individual with a record of successfully implementing large scale globally sourced programs with superior results.
• Ability to work with a pool of experts and ensures elevated levels of service even when the effort crosses organizational boundaries.
• Thrives in a challenging environment, managing multiple deadlines and priorities.
• Strategic thinking with solid problem solving and decision-making skills.
• Skilled at “connecting the dots” across issues in support of solutions and development of strategies to effectively manage and mitigate risk.
• Excellent interpersonal skills to effectively interact at all levels of the organization, coupled with a passion to build strong working relationships and contribute to a strong team environment.
• Strong organizational/time management skills.
• Flexibility to quickly adapt to changing requirements and execute on non-routine ad-hoc requests.
• A positive "can do" attitude with a curiosity and willingness to learn and grow, as well as share knowledge and experience.
• Proficiency in Microsoft applications (Excel, Word, PowerPoint), and Share Point.
• Undergraduate degree preferred
• 10 + years related experience required
• Knowledge of the regulatory environment and requirements
• Build strong relationship with business partners and provide challenge and push back as needed
• Highly motivated individual with a track record successfully implementing large scale globally sourced programs with superior results.
• Ability to work with a pool of experts and ensure high levels of service even when the effort crosses organizational boundaries
• Thrives in a fast-paced environment, managing multiple deadlines and priorities

Nice To Haves

• Knowledge of the MERLIN application is an asset but not required.
• Graduate degree would be an asset.

Responsibilities

• Partner with the Business, Risk and Change Delivery to approve Change Risk Assessments.
• Partner with the Business, Risk and Change Delivery to manage the New Business and Product Approval process.
• Build and maintain constructive relationships with 1st and 2nd line partners as well as other key stakeholders to ensure TDS change delivery requirements are understood and met.
• Provide coaching, mentorship and guidance to practitioners, business executives within the area of Change Governance.
• Contribute to team development by sharing knowledge and experiences, leveraging best practices.
• Maintain a comprehensive understanding of existing and emerging regulatory requirements, inherent risks, Compliance Policies and Standards, to ensure program alignment and provide tailored advice and strategic counsel to TDS partners.
• Foster an effective, transparent culture of risk awareness, accountability, ethics, integrity, and conduct.
• Evaluate business strategy and activities against risk appetite and provide management and stakeholders with sufficient and timely insight into the business and industry landscape.
• Partner with Business to ensure risks are adequately identified, assessed, and develop risk mitigation strategies to manage current and emerging risk exposures across all risk categories and all business areas.
• Accountability to establish, deliver and support governance processes across TD Securities.
• Support the Business in the design, implementation, and sustainment of controls within key processes and procedures.
• In partnership with the 2nd line and oversight functions, incumbent will provide advice and facilitate discussions with management and stakeholders on relevant internal and external events and collaborate to expediently resolve incidents, identify, and track issues to remediation and develop processes to create timely, complete, and accurate reporting.
• Enable initiative-taking, data-driven, risk-based decision making.
• Partner with Business to proactively prepare for internal / regulatory requests, testing engagements, exams, and reviews.
• Ensuring a coordinated approach with other business areas, the broader organization and enterprise control functions
• Strategic partner to leadership team on the management of the function, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management / enterprise areas.
• You are responsible to explore and deliver leading edge innovation, process improvements, and build a 'learning' organization through leadership, coaching and mentorship.
• Build and cultivate an environment of innovation that leads to working smarter and simpler.
• Instill an attitude of critical thinking, risk management and understanding the needs of TD Securities colleagues.
• Ability to influence change and develop strong interpersonal relationships with the business, team members and key partners.
• Responsible for the provision of a challenging and stimulating environment, primarily through delivering quality leadership and empowering the team with the skills, tools, and resources to follow through with their ideas.
• Supports the Business in the design, implementation, and sustainment of controls within key processes and procedures
• Delivers effective control testing and monitoring, documentation of results, and tracking execution of action plans to resolution
• In compliance with Business Change Review (BCR) Program for change initiatives delivered as projects, participates (as appropriate) in key project activities and oversight/governance committees
• Enables proactive, data-driven, risk-based decision making
• Leads all aspects of a highly complex and diverse governance and control function for an area of significant risk, complexity or scope usually involving medium to long term planning
• Leads and coordinates the overall discipline and strategy for the respective areas of Business Governance and Control while aligning to the enterprise standard methodologies

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees