Director, TDS U.S. Operational Risk Management & Regulatory Change

TD • New York, NY

3d • $185,000 - $230,000 • Onsite

About The Position

The Director, TDS U.S. Operational Risk Management & Regulatory Change leads regulatory change initiatives, strategic risk management programs, and operational risk transformation activities across TD Securities U.S. The role oversees regulatory-driven enhancements and remediation initiatives, implements risk management capabilities, partners with enterprise and U.S. stakeholders, and integrates specialist non-financial risk perspectives to strengthen operational risk management, governance, and regulatory readiness.

As part of the second line of defense, TDS U.S. Operational Risk Management provides independent oversight and challenge of operational and non-financial risks and supports implementation of TD's Enterprise Risk Framework. The Director reports to the Head of TDS U.S. Operational Risk Management and serves as a key liaison among business areas, risk functions, enterprise partners, and specialist non-financial risk teams. The position leads complex cross-functional programs and supports the maturation of operational and non-financial risk management capabilities across TDS U.S.

The role also provides broad risk management expertise to business leaders, implements appropriate risk frameworks, and leads management activities to mitigate enterprise- or business-wide risk exposures. It represents the business in corporate initiatives, works with regulators and business and corporate partners on regulatory and cross-business issues, and provides direction on complex risk matters. The position includes leadership responsibilities such as setting goals, developing team capabilities, supporting performance and development, and fostering an inclusive and respectful workplace.

Requirements

• Undergraduate degree in Business, Finance, Risk Management, or a related discipline.
• 12 or more years of experience in Operational Risk Management, Enterprise Risk Management, Regulatory Change, Risk Consulting, Internal Audit, or a related discipline.
• Experience in a GSIB, broker-dealer, investment bank, or other large complex financial institution with significant U.S. wholesale banking and/or capital markets operations.
• Strong understanding of operational and non-financial risk management practices in U.S. wholesale banking, trading, markets, investment banking, prime services, and/or broker-dealer environments.
• Demonstrated experience leading complex transformation, remediation, or strategic regulatory initiatives.
• Experience coordinating cross-functional initiatives involving multiple stakeholders across risk disciplines and business functions.
• Strong executive communication and stakeholder management skills.
• Experience supporting Federal Reserve, OCC, SEC, FINRA, or other regulatory activities.
• Broad managerial and specialized knowledge of risk management issues at enterprise, business, regulatory, and industry levels.
• Ability to work with regulators, business and corporate partners, and pan-wide business support groups on regulatory and cross-business issues.

Nice To Haves

• Graduate degree (MBA, Master's, JD, or equivalent advanced degree).
• Consulting experience.
• Graduate degree or progressive work experience.

Responsibilities

• Lead implementation of regulatory commitments and remediation activities affecting TDS U.S.
• Coordinate regulatory change initiatives across businesses, risk functions, and corporate partners.
• Assess the impact of emerging regulatory developments on TDS U.S. operational risk programs.
• Support regulatory examinations and related regulatory engagement activities, and monitor the execution and sustainability of remediation plans.
• Lead large-scale operational risk and governance enhancement initiatives and drive implementation of risk management capabilities, methodologies, and oversight processes.
• Support development and execution of the TDS U.S. ORM strategic roadmap and identify opportunities to improve risk management effectiveness and governance maturity.
• Coordinate cross-functional initiatives involving business, risk, compliance, legal, audit, and corporate partners.
• Coordinate with enterprise and CUSO non-financial risk teams, including Technology Risk, Cyber Risk, Data Risk, Fraud Risk, Third Party Risk, and other specialist risk functions.
• Coordinate incorporation of specialist risk perspectives into TDS U.S. risk profiles, assessments, governance reporting, risk appetite activities, and regulatory deliverables.
• Support alignment of TDS U.S. risk management activities with enterprise risk programs and evolving non-financial risk requirements.
• Partner with the Head of TDS U.S. ORM to establish operating routines, governance processes, prioritization mechanisms, and portfolio management practices.
• Monitor milestones, dependencies, risks, and commitments across ORM programs and initiatives.
• Lead development and coordination of regulatory presentations, examination materials, executive updates, and management reporting.
• Support executive, management committee, and regulatory reporting on risk management, governance, and change initiatives.
• Represent TDS U.S. ORM in governance forums and enterprise working groups, and advise and challenge senior stakeholders on operational risk matters.
• Partner with Enterprise Risk, Compliance, Legal, Internal Audit, business leadership, and other stakeholders.
• Develop and maintain knowledge of TD and business unit objectives and strategic goals, and deliver solutions aligned with TD Bank's Risk Appetite.
• Lead, coach, and model quality service delivery; support team development and performance by sharing knowledge and expertise.
• Set and communicate team goals and objectives aligned with TD strategy; build capabilities and support effective performance management and development.
• Promote a positive, ethical, respectful, and inclusive working environment.

Benefits

• 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.
• Reward and recognition.
• Training and onboarding.
• Access to an online learning platform and mentoring programs.
• Variable compensation/incentive awards, potentially including cash and/or equity incentive awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Director