GSE Oversight Lead

TD Bank • Mount Laurel, NJ

3d • $148,720 - $223,080

About The Position

The Controls Groups Manager is responsible for leading teams with accountability for issue remediation, control monitoring, credit policy origination and general project management goals. This role provides 1B end to end oversight for GSE arrangements, including but not limited to FNMA, FHLMC, HUD. Depth & Scope: Works with Senior Management of Regional Commercial and Risk Management to ensure key risk items are addressed and effective controls are in place while at the same time facilitating achievement of Business Line objectives Effectively sets the tone from the top regarding expectations for the importance of risk management principles and controls Develops and maintains a comprehensive understanding of the technical and business aspects of Regional Commercial Lending, Risk Management, Commercial Operations and Credit Policy in order to effectively manage various initiatives and resources Acts as the liaison between internal audit, loan review and the business line to ensure management and oversight of the audit process Provides input and leadership surrounding the strategic direction to address audit, loan review and regulatory findings as well as core risk initiatives and credit policy changes Maintains oversight of working groups to ensure that all audit, loan review and regulatory issues are satisfactorily resolved and work proceeds to meet established deadlines Leads or participates in strategic project initiatives to within Regional Commercial to mitigate risk, enhance controls or remediate audit, loan review or regulatory findings Creates and maintains Key Risk Indicators for Regional Commercial Banking and monitors Key Risk Indicators from core business partners, escalating issues to senior management as needed Effectively manages communication to ensure that Senior Management and business partners are aware of any significant risk changes or events, in a timely manner Participates in Regional Commercial Risk Council and Committee structure Creates content and administers meetings as required Coordinates and supervises ongoing quality assurance testing program to evaluate business line control effectiveness. Works with impacted parties to initiate action plans to resolve identified control breakdowns within acceptable timeframes Establishes oversight of business line risk controls and periodically evaluates risk mitigation efforts to assess effectiveness and make adjustments as risk/business goals change Responsible for designing and executing training and communication plans to ensure Business Line understanding and compliance with key risk initiatives Provides recommendations on project organization and governance structure and puts agreed organization structure in place

Requirements

• 4 year degree or progressive work experience in addition to experience below
• 10+ years related experience required
• In depth knowledge of Commercial business line, business model, credit risk management, operations, and related processes
• Previous management experience with the ability to coach, counsel, and train staff
• Strong communications skills including the ability to influence others' actions and decisions without express authority
• Demonstrates ability to manage projects, including task and responsibility delegation
• Experience designing and delivering training to a wide audience
• Excellent follow up skills and the ability to manage competing priorities according to business needs
• Ability to establish and maintain strong relationships across multiple stakeholders and departmental boundaries

Nice To Haves

• GSE related knowledge
• Program management
• Project Management Skills
• Audit and Exam experience
• Issues Management experience

Responsibilities

• Leading teams with accountability for issue remediation, control monitoring, credit policy origination and general project management goals
• Providing 1B end to end oversight for GSE arrangements, including but not limited to FNMA, FHLMC, HUD
• Working with Senior Management of Regional Commercial and Risk Management to ensure key risk items are addressed and effective controls are in place while at the same time facilitating achievement of Business Line objectives
• Setting the tone from the top regarding expectations for the importance of risk management principles and controls
• Developing and maintaining a comprehensive understanding of the technical and business aspects of Regional Commercial Lending, Risk Management, Commercial Operations and Credit Policy in order to effectively manage various initiatives and resources
• Acting as the liaison between internal audit, loan review and the business line to ensure management and oversight of the audit process
• Providing input and leadership surrounding the strategic direction to address audit, loan review and regulatory findings as well as core risk initiatives and credit policy changes
• Maintaining oversight of working groups to ensure that all audit, loan review and regulatory issues are satisfactorily resolved and work proceeds to meet established deadlines
• Leading or participates in strategic project initiatives to within Regional Commercial to mitigate risk, enhance controls or remediate audit, loan review or regulatory findings
• Creating and maintaining Key Risk Indicators for Regional Commercial Banking and monitors Key Risk Indicators from core business partners, escalating issues to senior management as needed
• Effectively managing communication to ensure that Senior Management and business partners are aware of any significant risk changes or events, in a timely manner
• Participating in Regional Commercial Risk Council and Committee structure
• Creating content and administers meetings as required
• Coordinating and supervising ongoing quality assurance testing program to evaluate business line control effectiveness
• Working with impacted parties to initiate action plans to resolve identified control breakdowns within acceptable timeframes
• Establishing oversight of business line risk controls and periodically evaluates risk mitigation efforts to assess effectiveness and make adjustments as risk/business goals change
• Responsible for designing and executing training and communication plans to ensure Business Line understanding and compliance with key risk initiatives
• Providing recommendations on project organization and governance structure and puts agreed organization structure in place

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: Mid Level
• Number of Employees: 101-250 employees