Manager, Group Risk - US

Work Location:

Charlotte, North Carolina, United States of America

Hours:

40

Line of Business:

Risk Management

Pay Detail:

$115,000 - $185,000 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.

Job Description:

We are looking for a Manager to join TD's Capital Risk & Governance team. This role will be part of a specialized team of capital risk professionals providing independent risk management oversight of the US Capital Management team and is responsible for ensuring that all significant capital risks are thoroughly understood, analyzed, and measured against the Bank's risk appetite.

 Key Accountabilities

• Maintain a culture of risk management and control, supported by effective processes in alignment with the established risk appetite for Capital Risk.

• Develop thorough understanding of the US bank's capital strategies, risks, and drivers.

• Provide oversight of US Capital Management, including independent reviews of capital position reporting, stress testing results (including DFAST), baseline forecasting, limit calibration, and capital actions.

• Lead the team's oversight of the Regulatory Compliance Management Program, ensuring proper risk management coverage of regulatory capital requirements.

• Ensure the compliance of capital risk management processes with US regulations, understanding that regulatory compliance alone is not sufficient and that capabilities should be commensurate with the size, scale, and complexity of the bank.

• Contribute to the Independent Capital Evaluation including review of processes, procedures, and controls to ensure that the business, control, and infrastructure functions are meeting the organization's effective risk management requirements.

• Oversee Capital Risk monitoring, control procedures, and documentation.

• Liaise closely with other business partners including Treasury, Balance Sheet Management, Front Office, other second-line of defense risk partners, and Internal Audit.

• Facilitate, and/or implement actions and remediation plans to address performance, risk, and governance issues.

• Stay informed of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.

• Identify potential vulnerabilities and recommend risk mitigation strategies to senior management.

 

Requirements

• 4 year degree required

• Advanced degree preferred

• 4-6 years of experience

• Familiarity with capital planning and stress testing regulations

• Demonstrated strong conceptual and analytical abilities

• Strong internal control orientation

• Exceptional problem-solving skills, communication skills (both written and verbal), and interpersonal skills

• Strong attention to detail and ability to meet tight deadlines

The VP Risk TDS responsibility is to bring transparency to the market risks in TDS. This is achieved via taking a leadership role in the accurate, objective assessment of all key market risks in all trading portfolios in TDS through the identification, understanding and control of these risks.

Depth & Scope:

• Serves as a point-person and provides oversight in regards to market risk control for trading desks in the Region

• Assists in the identification of all key market risks and determine appropriate risk metrics to assess these risks

• Maintains thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties

• Establishes dialogue with TDS trading desks in regards to current positions, key risks, views and strategies

• Assists in the establishment of formal market risk policies and procedures and ensure ongoi