Head of Residential Lending Controls Management (US)

TD•Mount Laurel Township, NJ

10d•$225,000 - $250,000

About The Position

The Head of Residential Lending (RESL) Controls Management leads the 1A governance & control function for RESL through the development, communication and implementation of a governance strategy for the business in support of the overall business strategy. Partners with the business to respond to audits and exams and also develops and implements proactive strategies, tactics and programs to effectively manage regulatory and governance issues.

Requirements

Bachelor's degree preferred
10+ years of related experience
In-depth knowledge of relevant banking and regulatory rules and policies, specifically in Residential Lending
Significant experience with regulators and audit partners across a multi-disciplined business division
Strong business acumen and analytical capabilities with the ability to consolidate information into clear, concise analysis in support of business decisions
Forward thinking and strategic thinking capabilities in order to support the business in executing on strategy
Ability to influence and motivate others, including those who do not have a direct reporting relationship
Able to manage and influence effectively within a matrix environment
Ability to interact with all levels across the organization
Strong communicator, with excellent oral, written and presentation skills
Organizational awareness & the ability to balance the viewpoints of various stakeholders
Proven leadership skills; motivational, collaborative leader who has been successful in developing, guiding and managing a professional team in a fast moving, changing and flexible environment

Responsibilities

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Leads the 1a Governance & Control function for the US RESL organization through the development, communication and implementation of a governance strategy for the business in support of the overall business strategy
Oversees Governance & Control activities, through the assessment of risks and recommend changes based on business information from the various control function partners, including Risk Management, Compliance, Legal, Vendor Management, AML, Regulatory, Audit and lines of business
Works with business to respond to audits and exams, develop and implement proactive strategies, tactics and programs to effectively manage regulatory and governance issues
Maintains a culture of risk management and control, supported by effective processes, sound infrastructure and in alignment with risk appetite
Assesses the effectiveness of the business governance and control programs, including conducting research to determine best practices
Represents the business on Risk Management, Compliance, AML Vendor Management, Regulatory and Audit related initiatives.
Keeps up to date on regulatory issues affecting the governance and control of the business
Supports TD's enterprise-wide risk strategies and control function requirements
Identifies and manages issues on behalf of RESL, collaborating with LOBs and various control partners to resolve and close findings
Drives enhancements to the control environment, including ensuring fulsome process maps, identification of risk and controls and the efficient monitoring of these controls (e.g., drive greater automation)
Contributes to improved understanding of governance and control requirements, emerging trends and issues specific to the business unit
Acts as the business representative for all audits to ensure they are executed and completed in accordance with established standards and within prescribed time, budget and scope parameters
Leads, implements, and/or conducts due diligence process reviews for potential areas of risk to ensure the business is always prepared for internal and external audit reviews
Provides insight or guidance to the executive leadership team to help inform or support decisions as appropriate
Provides functional and business-level communications to ensure messages to stakeholders and/or employees are consistent, appropriate and aligned to business strategies and executive management direction
Responsible for management of the overall team(s) providing both leadership and guidance