Senior Manager II, Recovery and Resolution Planning-Regulatory

TD Bank • Charlotte, NC

11d

About The Position

Department Overview: 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 Senior Manager II, Recovery and Resolution Planning oversees a team of RRP practitioners in execution and oversight of the most complex frameworks, policies, strategies and processes related to recovery and resolution planning. 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 Oversees and leads the most complex and diverse function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project / initiative success and achieve business results Develops appropriate scenarios for Recovery and Resolution plans for Banks legal entities Develops and administers multi- stakeholder tests under programs. Oversees the development of whole testing streams to support crisis capabilities and or resolvability of the Bank. Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas Facilitates key strategic discussions and provide thought leadership to executive audience (output include strategic roadmap and/or deliverables/ frameworks/ short to long term goals etc.) Sets operational team direction and collaborate with others to execute on common goals Focuses on longer-range planning for functional area (e.g. 12 months or greater)

Requirements

• Undergraduate degree required
• 12+ years of experience

Nice To Haves

• 12+ years of experience in financial contingency planning, liquidity/capital management, regulatory, risk, legal or compliance organizations in a financial institution.
• 7+ 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

• Provides leadership to all strategic, operational, and business activities across the recovery and resolution planning function
• Monitors regulatory landscape for changes impacting recovery and resolution planning and assesses their impact on current processes, practices and plans
• Oversees the development and execution of complex Recovery and Resolution Planning strategies and assessments
• Oversees the development of whole testing streams to support crisis capabilities and/or resolvability of the Bank
• Acts as the liaison between internal stakeholders (Capital, Liquidity, Risk, etc.) and external advisors
• Co-ordinates RRP's development of recovery and resolution plans and other applicable documents
• Acts as subject matter expert for own area and provide guidance/ advice and recommendations to support dealings with internal/external partners
• Participates on internal/external committees to provide advice/counsel to partners and represents the interests of the Bank
• Works with key business leaders to develop business plan, ensuring the optimal use of resources and leverage TD’s operating model to maximize efficiency, effectiveness and scale
• Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
• Executes on the annual business plan to deliver results aligned with business strategies
• Proactively identifies key business opportunities, researches and contributes to the continuous improvement of all frameworks, processes, and procedures across Recovery & Resolution Planning
• Protect the interests of the organization – identifies and manages risks, and escalates non-standard, high risk transactions / activities as necessary
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
• Ensures employees are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Cultivates and models the Colleague Promise to support colleague growth, and a culture of care; makes an impact at work and in our communities by leading with authenticity and supporting well being to represent TD's brand
• Connects the alignment of colleague's contributions with the TD Shared Commitments
• Builds and retains an engaged and diverse team that embraces diversity of thought, creativity and curiosity; where every colleague and customer are valued, respected, and listened to; committed to a common goal and collaborates to move with speed and get things done
• Demonstrates inclusive leadership by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity, including those from underrepresented communities, being actively anti-racist, attracting and retaining diverse slate of candidates, nurturing mutual respect, inclusivity of thought and collaboration to drive successful results
• Sustains, identifies strong talent, recruits and develops a diverse talent pipeline of qualified workforce to innovate and maximize individual strengths to lead to a better business outcome
• Enables colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely feedback, motivating appreciation and recognition to all colleagues
• Enables a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership
• Fosters an environment that promotes sharing of knowledge, information, skills, and subject matter expertise among the team; ensures timely management and escalation of issues and create opportunities to collaborate with other functions and teams
• Leads team through change and create an environment where teams feel psychologically safe to challenge current practices by modeling resiliency and flexibility, communicating a compelling vision with clarity and empowering colleagues to drive innovation
• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty that drive results
• Develops annual and/or long-term plans for own area that are aligned with enterprise-wide priorities, reinforcing a focus on results that align to One TD
• Fosters a high-performance culture by setting team targets and objectives, promoting and facilitating on-going feedback/coaching and conducting Quarterly Check-Ins for all colleagues to drive accountability and business results
• Manages employees in compliance with all human resources policies, procedures and guidelines of conduct

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