Head of Commercial Risk & Controls Governance (US)

Work Location:
New York, New York, United States of America

Hours:
40

Pay Details:
$200,000 - $280,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:
Personal & Commercial Banking
Job Description:

The Head of Commercial Risk & Controls Governance helps to provide oversight and governance to the Commercial Bank. This role is responsible for leading teams with accountability for audit remediation, quality assurance, credit policy origination and general project management goals.

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
• Provides oversight and governance to the Commercial Bank
• Responsible for leading teams with accountability for audit remediation, quality assurance, credit policy origination and general project management goals
• Works with Senior Management of Commercial Bank and Risk Management to ensure key risk items are addressed and effective controls are in place while at the same time facilitating achievement of Business Line objectives
• Develops and maintains a comprehensive understanding of the technical and business aspects of Commercial Lending, Risk Management, Commercial Operations and Credit Policy in order to effectively manage various initiatives and resources
• Creates and maintains Key Risk Indicators for Regional Commercial Banking and monitors Key Risk Indicators from core business partners, escalating issues to senior management as needed
• Coordinates and supervises ongoing quality assurance testing program to evaluate business line control effectiveness
• Works with impacted parties to initiate action plans to resolve identified control breakdowns within acceptable timeframes
• Establishes oversight of business line risk controls and periodically evaluates risk mitigation efforts to assess effectiveness and make adjustments as risk/business goals change
• Supports the businesses on risk program execution; Assists in the identification, assessment and resolution efforts as necessary; Promotes a strong risk management culture and ensures adequate risk ownership
• Acts as senior advisor to executive business management; Consults on control recommendations and requirements around new initiatives or business changes; Advises business on risk and control mitigation strategies

Education & Experience:

• Bachelor's Degree required; Advanced degree preferred
• Professional certification preferred (i.e. CPA, CIA, CFA)
• 12+ Years of related experience in Banking with focus in Internal Audit, Loan Review,
• Regulatory, Compliance, Risk Management, and/or Quality Assurance areas is preferred
• Commercial Banking, Project Management, Audit, and/or similar experience preferred
• Management experience and employee development skills and experience required
• PC Skills/Experience (MS Office Suite, Visio) required
• Demonstrates outstanding communication skills, strategic agility and strong business, control and risk management subject matter expertise
• Exhibits strong decision-making abilities and follows through on assigned tasks
• Possesses high level analytical skills and the ability to think strategically as well as tactically
• Exhibits excellent communication and presentation skills
• Exhibits superior relationship management skills, including the ability to mediate in difficult situations and influence outcomes in a respectful, professional and effective manner
• Works well independently and in team environment
• Exhibits willingness to travel to oversee/manage/lead team members and/or Business Line contacts throughout the company footprint
• Consistently exhibits professionalism and sound judgment

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel - Occasional
• International Travel - -Occasional
• Performing sedentary work - Continuous
• Performing multiple tasks - Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds - Occasional
• Sitting - Continuous
• Standing - Occasional
• Walking - Occasional
• Moving safely in confined spaces - Occasional
• Lifting/Carrying (under 25 lbs.) - Occasional
• Lifting/Carrying (over 25 lbs.) - Never
• Squatting - Occasional
• Bending - Occasional
• Kneeling - Never - Occasional
• Crawling - Never-Occasional
• Climbing - Never-Occasional
• Reaching overhead - Never -Occasional
• Reaching forward - Occasional
• Pushing - Never-Occasional
• Pulling - Never - Occasional
• Twisting - Never-Occasional
• Concentrating for long periods of time - Continuous
• Applying common sense to deal with problems involving standardized situations -Continuous
• Reading, writing and comprehending instructions - Continuous
• Adding, subtracting, multiplying and dividing - Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

Our Total Rewards Package

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., elig