Group Risk Specialist (US) Fraud and Insider Risk Management

TD•Portland, ME

5d•$91,000 - $136,240•Onsite

About The Position

The 2nd Line of Defense Fraud, Insider and Conduct Risk Management team is responsible for overseeing specialty and functional risk across TD’s business segments and corporate functions, inclusive of operational risk processes (identify, assess, measure, monitor and report). Jurisdictional coverage is across the Enterprise, including Canada and the US. We are seeking a highly skilled risk professional with deep expertise in fraud and insider risk management. This individual will provide independent oversight and challenge, serve as a trusted advisor to businesses, risk and executive stakeholders, and evaluate significant initiatives— including change assessments, risk acceptances, and control gaps— through a fraud and insider risk lens. A key responsibility will be to review and challenge initiative assessments to validate risks are appropriately identified, assessed, mitigated and communicated. The successful candidate will be comfortable challenging senior leaders, be able to clearly articulate risks, and provide concise actionable recommendations supported by policy and industry best practices. This is an individual contributor role.

Requirements

Undergraduate degree or technical certificate and/or 7+ years relevant experience
Advanced knowledge of risk management governance, programs, policies, practices, operating frameworks & reporting for business supported and/or area of discipline
Knowledge of risk management environment, standards, regulations and mitigation
Knowledge of current and emerging competitor and market trends
Ability to establish goals and objectives which support the strategic plan
Ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
Skill in mentoring and coaching
Advanced skill in using analytical software tools, data analysis methods and reporting techniques
Skill in using computer applications including MS Office
Ability to communicate effectively in both oral and written form
Ability to work collaboratively and build relationships across teams and functions
Ability to work successfully as a member of a team and independently
Ability to exercise sound judgement in making decisions
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to handle confidential information with discretion
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Sitting – Continuous
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous

Nice To Haves

Subject matter expertise in fraud risk, insider risk, operational risk, change risk, and/or emerging risk
Certified Fraud Examiner (CFE)
Demonstrated experience providing independent challenge and oversight within a second line of defense environment
Exceptional written and verbal communication skills with the ability to distill complex topics into concise executive-ready materials.
Proven ability to prepare high-quality committee materials, executive summaries, risk opinions and decision-support documents requiring minimal revisions.
Experience presenting risk perspectives and recommendations to senior executives, governance committees and risk forums.
Domestic Travel – Occasional
Responding quickly to sounds – Occasional
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Squatting – Occasional
Bending – Occasional
Reaching forward – Occasional

Responsibilities

Provide independent oversight and challenge regarding fraud and insider risk.
Serve as a trusted advisor to businesses, risk and executive stakeholders.
Evaluate significant initiatives, including change assessments, risk acceptances, and control gaps, through a fraud and insider risk lens.
Review and challenge initiative assessments to validate risks are appropriately identified, assessed, mitigated and communicated.
Clearly articulate risks and provide concise actionable recommendations supported by policy and industry best practices.
Leads the development and/or implementation of specific standards, policies and/or processes that identify, report on and mitigate operational (or all major) risk exposures within the business.
Proactively analyzes potential risks and ensures escalation of key risks to appropriate areas and/or executive review with business executive findings and action plans to mitigate and manage these risks.
Establishes and provides on-going analysis and reporting on operational risk and/or other major risk categories as applicable to own business or functional area, and reviews findings and action plans with business leaders to mitigate and manage key issues.
Coordinates and/or guides activities relating to core operational risk disciplines/programs including, Risk & Control Self-Assessment, Business Continuity Management, Outsourcing & Vendor Management, Regulatory Compliance (e.g. CDIC, AML, Privacy, IDA, CBA, SOX, Basel etc.).
Supports enterprise-wide operational risk escalation, review and approval processes, data management, policies and risk assessment processes.
Directs the development and monitoring of Key Risk Indicators and facilitate communication and resolution of risk issues among other business segments where applicable.
May be accountable for managing ancillary operational risk areas (e.g. BCM/incident management, outsourcing/vendor management, fraud aggregation and assessment, Basel implementation/capital analysis, change management, Privacy, AML, LCM and other regulatory issues), in addition to core functions.
May be responsible for providing support for other major risk areas (e.g. Market, Credit, Reputational and/or Regulatory risks etc.).
May be a point of contact for guidance in the monitoring/reporting of compliance, management, and strategic initiatives.
Provides broad/deep commentary in support of the development/maintenance/oversight of policies/procedures/practices, as required.
Adheres to enterprise frameworks or methodologies that relate to activities for our business area.
Ensures respective programs/policies/practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities.
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate.
Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets).
Participates in cross-functional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations.
Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience.
Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations and assess the effectiveness of programs/policies/practices.
Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist.
Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues.
Actively manages relationships within and across various business lines, corporate and/or oversight functions and ensures alignment with enterprise and/or regulatory requirements.
Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts.
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest.
Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit.
Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques.
Participates in personal performance management and development activities, including cross training within own team.
Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities.
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships.
Contributes to a fair, positive and equitable environment that supports a diverse workforce.
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally.