Senior Group Risk Analyst (US) Third Party Risk Mgmt

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$68,640 - $102,960 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:

Risk Management

Job Description:

The Senior Group Risk Analyst, Third Party Risk Management provides a broad range of research, analysis, reporting, monitoring and/or operational process support within a defined area of function.  Supports business by providing expert guidance/advice on a range of risk related matters within assigned or own area of specialization.  

Third Party Risk Management (TPRM) is the management of risks arising from arrangements between The Toronto-Dominion Bank and Third Parties for products and services and any other business activities, functions or processes that could otherwise be undertaken by TD, or on TD's behalf. TPRM is the corporate business function charged with setting standards and overseeing the management of Third Party Risk within Operational Risk Management (ORM).

TPRM is responsible for performing ongoing oversight and challenge of the 1st LOD related to the health of the Third Party portfolio and execution against the TPRM Program, which may include segment risk analysis, aggregate third party risks, systemic, concentration and operational risk exposures from third party use. This role focusses on the ongoing monitoring requirements and governance of third parties once a contract is executed.

Key accountabilities include:

• Establish and set requirements for Ongoing Monitoring governance of Third Parties
• Oversee implementation of the Ongoing Monitoring Standard and provide guidance on requirements, where needed
• Oversee adherence to the Ongoing Monitoring Standard Perform independent review and effective challenge of the first line ongoing monitoring third party results, escalating as appropriate
• Provide oversight of 1LOD governance processes and risk assessment conclusions
• Provide aggregate Third Party Risk reporting to relevant stakeholders on the results of monitoring activities.
• Perform Program Monitoring and Testing

Depth & Scope:

• Utilizes expertise to exercise sound and expert independent professional judgement and discretion in interacting and communicating with staff and senior management of the Bank with respect to regulatory risk and other matters
• Empowered to make prudent professional recommendations - in rendering advice and counsel to business lines or assigned area and risk which impact performance of the business and overall enterprise strategies and objectives
• Integrates the broader organizational context into advice and solutions within own functional area
• Understands the industry, competition and the factors that differentiate the organization
• Acts as the primary subject matter expert and expected to make sound decisions in setting standards within area of expertise
• Applies expert knowledge and best practices to implement process, product or service improvements
• Oversees and/or independently performs tasks from end to end
• Acts as a subject matter expert within own area of specialty or as a resource for others
• Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs
• Executes on complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders
• Recommends and implements solution within own are or responsibility that impact the strategies and objectives of the department
• Uses advanced methods to contribute to new solutions and recommends standards against which others will operate
• Impacts a high level of complexity in operational/reporting/process and/or analysis function requiring medium to longer term focus. Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise. Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at seni