Group Risk Specialist- Risk Event Measurements (US)

TD•Mount Laurel, NJ

2d•$91,000 - $145,600

About The Position

The Group Risk Specialist works on the Risk Identification Catalog & Measurement (RICM) team within Enterprise Risk Management. The team quarterly identifies and assesses Top, Emerging, and Material risks, and performs Risk Event Measurements on Significant risks to determine potential impacts across Combined US Operations. Risk Events are developed through engagement with Business and Risk Subject Matter Experts, and the resulting impacts are used for Enterprise Stress Testing. This is a seasoned risk-management role providing expertise to business leaders. The specialist leads and supports risk frameworks and management activities to mitigate enterprise- or business-wide exposures, and may provide oversight, commentary, and recommendations informed by strategy and industry practices. The role independently manages functional programs, leads complex cross-functional work, analyzes risk and program effectiveness, advises stakeholders, and helps maintain a strong culture of risk management and control.

Requirements

Undergraduate degree or technical certificate and/or 7+ years of relevant experience.
Advanced knowledge of risk management governance, programs, policies, practices, operating frameworks, and reporting for the supported business or discipline.
Knowledge of the risk management environment, standards, regulations, and mitigation.
Knowledge of current and emerging competitor and market trends.
Ability to establish goals and objectives that support the strategic plan.
Ability to lead, plan, implement, and evaluate program or project activities to ensure initiatives are completed.
Skill in mentoring and coaching.
Advanced skill in analytical software tools, data analysis methods, and reporting techniques.
Skill in using computer applications, including MS Office.
Ability to communicate effectively in oral and written form.
Ability to collaborate and build relationships across teams and functions, and to work both independently and as a team member.
Sound judgment and ability to analyze, organize, and prioritize work while meeting multiple deadlines.
Ability to handle confidential information with discretion.

Nice To Haves

Experience developing and executing Enterprise Risk Programs, ideally Stress Testing or Scenario Analysis.
Experience supporting Risk Transformation initiatives.

Responsibilities

Lead the development or implementation of standards, policies, and processes to identify, report, and mitigate operational or other major risk exposures.
Analyze potential risks, escalate key risks for appropriate review, and present findings and mitigation action plans to business executives.
Provide ongoing analysis and reporting on operational and other major risk categories, and review findings and action plans with business leaders.
Coordinate or guide core operational risk disciplines and programs, including Risk & Control Self-Assessment, Business Continuity Management, Outsourcing & Vendor Management, and Regulatory Compliance.
Support enterprise-wide operational risk escalation, review and approval processes, data management, policies, and risk assessment processes.
Direct the development and monitoring of Key Risk Indicators and facilitate communication and resolution of risk issues across business segments.
Provide support for ancillary operational risk areas and other major risk areas as applicable.
Provide guidance on monitoring and reporting compliance, management, and strategic initiatives, and contribute commentary on policies, procedures, and practices.
Ensure programs and practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities.
Participate as a subject matter expert in cross-functional and enterprise initiatives, conducting research and supporting presentations and communications.
Analyze functional or enterprise results, draw conclusions, make recommendations, and assess program and policy effectiveness.
Monitor service, productivity, and efficiency, and implement continuous process and performance improvements.
Lead or facilitate remediation plans addressing performance, risk, or governance issues.
Manage relationships across business lines and oversight functions, keeping current with emerging issues, trends, and regulatory requirements.
Participate fully in team activities, communicate project progress, share expertise, mentor colleagues, and support a positive and equitable work environment.