US Third Party Oversight and Resilience Mgr

TD•Arlington, VA

23h

About The Position

The Senior Group Risk Specialist provides a comprehensive and diverse range of risk management expertise to business leaders. Leads and supports the implementation of appropriate risk frameworks and leading related management activities to mitigate enterprise and/or business-wide risk exposures for key business segment of the Bank or functional area. May provide oversight, commentary, and recommendations based on overall strategy and industry best practices. Depth & Scope: Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas Senior specialist providing advisory services to executives, business segment leaders and governs requirements for own work Integrates knowledge of the enterprise function’s or business segment’s 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; may lead team(s) of related specialists/experts Advises on execution strategy and leads the development and deployment of functional programs or initiatives within own field or across multiple specialties Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of 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 context Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meet 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 or technical certificate and/or 10+ years relevant experience
Advanced knowledge of risk management governance, programs, policies, practices, operating frameworks & reporting for business supported and/or area of discipline to deliver objective guidance and independent challenge on initiatives.
Knowledge of risk management environment, standards, regulations and mitigation
Knowledge of current and emerging competitor and market trends
Ability to contribute to strategic direction of the function and provide advice to senior leadership
Skill in mentoring and coaching
Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques
Advanced ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
Ability to make an impact, influence, and achieve results with effective negotiation, problem-solving, and communication skills
Skill in using computer applications including MS Office
Ability to communicate effectively in both oral and written form
Ability to work collaboratively and build relationships across teams and functions
Ability to work successfully as a member of a team and independently
Ability to exercise sound judgement in making decisions
Ability to analyze, organize and prioritize work while meeting multiple deadlines
Ability to handle confidential information with discretion

Nice To Haves

Subject matter expert in Third Party Risk Management and requirements
Superior US relationship management across a matrixed environment
Skillful communicator and influencer to build relationships, advance decision making and affect change over time; demonstrates value
Strong coach and developer of people with a demonstrated track record in talent management
Prior second line Third Party Risk Management risk management and second line operational risk experience required.
Prior experience with business continuity and resilience desired.

Responsibilities

In alignment with the Enterprise, own, manage and evolve second line implementation and oversight maturity of TPRM Policy, Framework and Metrics in the US (including risk appetite measures and monitoring) to set a consistent and appropriate bar across the bank regarding how vendors are managed that considers regulatory and customer expectations.
Responsible for the Third-Party Risk Management Policy, Framework and standards for the US organization – decision authorities.
Responsible for the Third-Party Risk Profile US reporting approach – decision authorities.
Supports the measurement, monitoring, reporting and enforcement of adherence to second line policy and standards
Supports the maintenance of ongoing monitoring standards and scorecard methodology, challenge business monitoring results to remain within risk appetite.
Monitor and communicate new and amended third party related US regulations and communicate same to compliance and other partners.
Evaluate third party risk assessment processes and content; monitor risk acceptances, overrides, exceptions, and issues; assess reasonability and accuracy of risk ratings; provide review and challenge.
Monitor progress of issues management inventory, escalating when necessary.
Provide independent assessment to verify businesses are following TPRM policy requirements or identify gaps.
Supports the development, monitoring and reporting of third-party risk indicators (includes reporting and monitoring at enterprise and business levels, concentration risk, senior executive and Board reports)
Supports second line TPRM US Sub-Committee Support Head, Third Party Risk Management in Participation in risk review or reporting forums and committees including Third Party Control Assessment Forum, Third Party Risk Oversight Committee and Modernization Program.
Source, develop, nurture and train talent for the US organization
Partner with other second line US Risk and Enterprise partners regarding data protection, resilience and recovery in relation to vendor management
Provide review and challenge of RCSA vendor related controls, 1LOD US Vendor Monitoring and timely closure of risk assessment gaps.
Manage US TPRM Program oversight to meet all regulatory expectations while maintaining positive working relationships with regulators
Provide effective challenge for Third Party oversight and governance activities
Partner with US Third Party Risk Management to ensure: Third Party Risk Management objectives and Enterprise investments include vendor oversight and risk mitigation per US requirements.
Work with control partners (Technology Risk, Information Security Risk Management, Privacy, legal) to ensure controls related to third parties are considered holistically across the bank within our policies, standards and reporting.
Work with Enterprise Third Party to ensure vendor data is compatible and leveraged in GRC tool
Work with IB oversight teams and Operational Risk Management to ensure effective vendor-related challenge is in place within the 1st line.
Assess the effectiveness of the Third-Party Management Program and work with the Third-Party team to implement improvements as necessary.
Regulatory and compliance programs' implementation of vendor related solutions.

Benefits

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
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.

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