Head of Risk Management, Testing Oversight (US)

TD Bank•New York, NY

27d•$200,000 - $280,000

About The Position

The Head of Risk Management, Testing Oversight role leads the planning and scoping, execution and reporting of independent 2LoD testing program. This role manages a team and works closely with stakeholders to proactively assess and enhance the Risk Management control framework. Depth & Scope : 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 2LoD testing team to execute independent 2LoD testing, including test scoping and planning, execution, issue tracking and reporting Leads a team of 2LoD testing professionals to plan and execute independent testing for selected risk areas, and prepare findings and reporting Manages the testing inventory and incorporate changes in the regulatory landscape as well as internal risk profile to update the testing universe and test plans Provides review and challenge to all phases of the testing program to ensure alignment with regulatory expectations, industry best practices and internal risk management policies and standards Leads the discussion with stakeholders confirm identified control weaknesses, emerging risks, and potential compliance gaps, and discuss, assess and confirm remediation plans Drives continuous improvement in the testing program through automation, data analytics, and process enhancements Serves as the risk management subject matter expert and provide training and thought leadership to the team

Requirements

Bachelor’s degree required; advanced degree or relevant certifications (e.g., CRISC, CISA, CIA) preferred
7+ years of experience in risk management, internal audit, compliance testing, or a related field within financial services
Strong understanding of regulatory requirements and expectations related to non-financial risk, operational risk, and control testing
Proven experience leading teams and managing complex testing programs
Excellent analytical, problem-solving, and communication skills
Ability to work cross-functionally and influence stakeholders at all levels
Strong attention to detail and ability to manage multiple priorities in a fast-paced environment

Responsibilities

Leads the planning and scoping, execution and reporting of independent 2LoD testing program
Manages a team and works closely with stakeholders to proactively assess and enhance the Risk Management control framework
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 2LoD testing team to execute independent 2LoD testing, including test scoping and planning, execution, issue tracking and reporting
Leads a team of 2LoD testing professionals to plan and execute independent testing for selected risk areas, and prepare findings and reporting
Manages the testing inventory and incorporate changes in the regulatory landscape as well as internal risk profile to update the testing universe and test plans
Provides review and challenge to all phases of the testing program to ensure alignment with regulatory expectations, industry best practices and internal risk management policies and standards
Leads the discussion with stakeholders confirm identified control weaknesses, emerging risks, and potential compliance gaps, and discuss, assess and confirm remediation plans
Drives continuous improvement in the testing program through automation, data analytics, and process enhancements
Serves as the risk management subject matter expert and provide training and thought leadership to the team