Recovery and Resolution Planning Manager -Capabilities

TD Bank • Charlotte, NC

12d

About The Position

This role will be a part of TD's U.S. Recovery and Resolution Planning team. Recovery and Resolution Planning (RRP) is an enterprise-wide function that ensures TD is prepared to address severe financial stress conditions and implements our practices and oversight of financial crisis management. The RRP function is closely integrated with multiple lines of business, key control functions, and Risk Management to maintain strategies and capabilities that support recovery and resolution preparedness. The RRP team is responsible for coordinating, developing and maintaining TD's U.S. Recovery and Resolution Plans and other regulatory submissions, as required under the Dodd-Frank Act and other applicable regulations. The Recovery and Resolution Planning Manager leads work streams within the Recovery and Resolution Planning function, including development of required outputs, liaison with relevant stakeholders, briefings to senior management and production of associated reporting. Depth & Scope: Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services Develops, maintains, enhances processes, reports, procedures, and control frameworks Manages the interpretation of new regulatory guidance, operationalize it for responsible areas within the Bank and ensure that the Bank meets regulatory expectations within work streams owned Identify risk associated with sharing Confidential Supervisory Information (CSI) Executes the process of control testing Leads development of distinct testing exercises to support crisis capabilities and/or resolvability of the Bank Develops specific sections of the recovery and resolution plans Coordinates and leads meetings as required Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty Independently manages end-to-end functional programs Solves or leads others to solve complex problems; leads efforts or partners with others to develop new solutions Uses sophisticated analytical thought to exercise judgement and identify solutions Impacts the achievement of sub-function or business line objectives within the area they are accountable for Work is guided by policies and industry standards/methods Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders Works autonomously as the lead and guides others within area of expertise

Requirements

• Undergraduate degree required
• 7+ years of experience

Nice To Haves

• 7+ years of experience in financial contingency planning, liquidity/capital management, regulatory, risk, legal or compliance organizations in a financial institution.
• 3+ years of experience in regulatory compliance, conducting regulatory change impact assessments and participating in industry calls and roundtables.
• Knowledge and understanding of regulatory requirements issued by the Federal Reserve, FDIC and OCC.
• Experience implementing programs to satisfy regulatory requirements, including working with stakeholders to understand the requirements and complete impact assessments.
• Experience with the WDesk/Workiva platform.
• Experience working across a matrixed organization with multiple stakeholders to achieve a common result.
• Excellent analytical, risk assessment and investigative skills.
• Must work independently, with a demonstrated ability to take initiative and identify more efficient ways to execute.
• Demonstrated ability to see the big picture, make connections and anticipate consequences and outcomes of actions and decisions; must be forward looking.
• Must be comfortable working in a fast-paced, evolving and dynamic environment with changing and competing priorities.
• Ability to deal with conflicting points of view and to suggest creative and responsive solutions.

Responsibilities

• Develops, maintains, enhances processes, reports, procedures, and control frameworks
• Manages the interpretation of new regulatory guidance, operationalize it for responsible areas within the Bank and ensure that the Bank meets regulatory expectations within work streams owned
• Identify risk associated with sharing Confidential Supervisory Information (CSI)
• Executes the process of control testing
• Leads development of distinct testing exercises to support crisis capabilities and/or resolvability of the Bank
• Develops specific sections of the recovery and resolution plans
• Facilitates working groups and manages internal and external relationships as required
• Contributes to development of RRP documents and artifacts
• Provides project management and administrative support to the team as required
• Coordinate and lead meetings as required
• Adheres to enterprise frameworks or methodologies that relate to activities for the business area
• Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
• Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
• Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high risk activities as necessary
• 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)
• Provides organizational support and governance oversight for test delivery, as well as complete regulatory write-ups on performed tests, as required
• 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
• Monitors service, productivity and assess efficiency levels within own function and it contribute to the continuous improvement of all frameworks, processes, and procedures across Recovery & Resolution Planning
• Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assess 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 grow 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

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: 5,001-10,000 employees