Senior Manager, Group Risk

Job Description:

KEY ACCOUNTABILITIES

CUSTOMER

Manage a team of Risk professionals providing oversight and control related advisory services to Risk partners
Provide guidance, leadership, coaching and development to ensure operational results and professional/personal development objectives are achieved
Work with executive team, senior business management/ partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory/ compliance issues
Act as key liaison with partners and external groups and provide Risk subject matter expertise; partner, as necessary, effectively with key stakeholder groups such as Compliance, Legal, Audit, AML
Coach to ensure functional/ operational problems are handled appropriately, and participate in the negotiation and resolution of complex and/or escalated issues, where necessary
Lead and develop Risk enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD’s Risk Program
Participate in / Manage global regulatory examinations and external / internal audits with respect to request for information
Take corrective action and recommend or implement changes to procedures, as required
SHAREHOLDER

Ensure team adheres to enterprise frameworks and methodologies related to overall business management activities
Lead relationships with corporate and/or oversight functions to ensure alignment with enterprise and/or regulatory requirements
Support team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank
Assess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required
Identify, mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followed
Ensure business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
Lead relationships with business lines / corporate and/or oversight functions to ensure alignment with enterprise and/or regulatory requirements
Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary
Manage oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed
Oversee or lead the facilitation and/or implementation of action / remediation plans to address performance / risk / governance issues
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
EMPLOYEE / TEAM

Responsible for management of the overall team providing both leadership and guidance
Set targets and objectives for the team, and deliver results
Grow team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
Lead a high performing team; provide on-going feedback and performance reviews, coach and develop employees and ensure performance management activities are undertaken and completed for all employees
Lead the process of setting performance objectives for the team; track, monitor and effectively address and/or reward performance in a timely manner
Manage employees in compliance with all human resources policies, procedures and guidelines of conduct
Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams
Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes
Recruit for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
Establish and foster a cohesive team; promote a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
BREADTH DEPTH

Lead and manage a sizeable team of professionals and overall operation of a diverse group in an area of moderate risk, complexity or scope, while growing talent, developing skills and capabilities to achieve career goals, support project / initiative success and achieve business results
Ability to present and make recommendations to senior management and executives
Ensure an integrated approach with other business areas, broader organization, and enterprise as appropriate
Coordinates and prioritizes multiple initiatives and manages resource allocation
Establishes effective relationships with different Stakeholders, Business Sponsors, Executives and LOB
Provides support and contributes to the overall discipline and strategy for respective areas
Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines
Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function / business
Focus on short to medium-term issues (e.g. 6-12 months)
Generally reports to a Senior Manager or executive role Read more