Senior Recovery and Resolution Planning Manager - Capabilities

TD Bank•Mount Laurel, NJ

13d

About The Position

Department Overview: 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. Depth & Scope: Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in their in a complex field and knowledge of broader related areas Provides technical expertise, general direction, quality control and subject matter expertise to the team Senior Manager providing advisory services to executives, business segment leaders and governs the requirements for own work 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 Integrates knowledge of the enterprise function’s or business segment’s overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements Serves as a source of expert advice to senior management in field of specialty; lead team(s) of related specialists/experts Advises on strategy, execution strategy and leads the development and deployment of functional programs or initiatives within their own field or across multiple specialties Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant regulatory, financial and operational impact within the context of their own field Requires innovative thinking to develop new solutions Impacts the technical or functional direction and resource allocation of part of an enterprise function or business segment Works within general policies and industry guidelines Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader organizational context Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meets the business needs on a complex project or program Identifies and leads problem resolution for project/program complex requirements related issues at all levels

Requirements

Undergraduate degree required
10+ years of experience

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.
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

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
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, meet 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; 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