VP, Head of Enterprise Non-Trading Market Risk

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Risk Management

Pay Detail:

$250,000 - $370,000 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:

The Head of Enterprise Non-Trading Market Risk is accountable for leading and developing the liquidity risk management strategy for the enterprise, which includes Implementing polices, practices, and procedures to ensure governance and statutory compliance.

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

• Accountable for the monitoring assessment, and effective challenge of Non-Trading Market Risk through the identification, understanding, control and ongoing review of these risks

• Accountable for leading and developing the Non-Trading Market Risk management strategy for the enterprise, which includes Implementing polices, practices, and procedures to ensure governance and statutory compliance

• Oversees enterprise, ad hoc risk and compliance programs [e.g., Governance Frameworks] ensuring enterprise-wide application of appropriate findings, identified issues are escalated as necessary, and that appropriate reporting is provided on a timely basis to Senior Management and/or the Board

• Drives and builds enterprise Risk Management reporting and Risk dashboard functions to proactively monitor, measure, and report on key risk factors to track effectiveness. Provides appropriate decision support and escalation to Risk Management leadership team and/or other stakeholders

• Provides adjudication on risk escalations and memos on Risk items

• Continuous review of all processes/procedures/controls to ensure that the business, control and infrastructure functions are meeting the organization's requirements with respect to effective risk management

• Has an international mandate with accountability over our four Non-Trading Market Risk books: US, Canada, London UK & Singapore 

• Maintains effective working relationships between all areas of Risk Management, Treasury Balance Sheet and Management, Regulators, Government Affairs, Legal, and Compliance

• Ensures regulatory and risk issues are managed effectively and communicated through appropriate governance bodies and channels

• Partners closely with key LOB leaders, risk leaders, and other senior managers in optimizing effectiveness and efficiency of necessary risk management controls and processes for their respective business units

• Regular engagement with other 2B functions (regulatory Risk and Regulatory compliance teams; Enterprise Risk management engagement and operational resilience assessments; issues management framework)

Education & Experience:

• Undergraduate or Masters degree in a qualified or related field

• 15+ years of experience in Treasury, Risk Management, Audit

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Reward