Senior Recovery and Resolution Planning Manager-- Regulatory

TD • Mount Laurel Township, NJ

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About The Position

This role will be a part of TD's U.S. Recovery and Resolution Planning team, specifically supporting rule federation and industry engagement. 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. This role will act as a industry liaison for regulatory policy, including engagement with trade associations; will be responsible for monitoring regulatory changes, leading impact assessment of new regulations, and maintaining US RRP rule federation. The Senior Recovery and Resolution Planning Manager manages complex Recovery and Resolution Planning strategies and assessments for multiple work streams within the Recovery and Resolution planning function.

Requirements

• Undergraduate degree required
• 10+ years of experience
• 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.

Nice To Haves

• 10+ years of experience in financial contingency planning, liquidity/capital management, regulatory, risk, legal or compliance organizations in a financial institution.
• 5+ 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.

Responsibilities

• Maintains RRP policies and procedures and oversee timely updates
• Oversees capabilities and controls testing for multiple work streams within the Recovery and Resolution Planning function
• Leads development of whole testing streams to support crisis capabilities and/or resolvability of the Bank
• Manages content development for RRP documentation
• Leads and manages internal and external relationships and collaborates with SMEs across the organization
• Represents the function on cross-industry working groups and forums, as well as participate in meetings with regulators
• Implements RRP capabilities within the function as well as other impacted areas
• Leads meetings
• Designs, implements, and enhances the strategies and processes for recovery and resolution planning
• Leads the interpretation of new regulatory guidance, operationalize it for responsible areas within the Bank and ensures that the Bank meets regulatory expectations within work streams owned
• Manage risk associated with sharing CSI
• 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; support 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 ensure 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 ensure 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 grows 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