Senior Manager, Group Risk (US) Model Risk Governance

Senior Risk Management Leader

Work Location: Mount Laurel, New Jersey, United States of America

Hours: 40

Pay Details: $115,440 - $186,160 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: Senior risk management leader with a strong track record of enhancing model risk governance, reporting, regulatory compliance, executive reporting, and enterprise risk oversight within large financial institutions. Recognized for building effective governance frameworks, developing insightful risk analytics, supporting regulatory engagements, and driving process efficiencies through automation and data-driven decision-making. Proven ability to influence senior leadership, regulators, and cross-functional stakeholders while delivering sustainable risk management solutions.

The Senior Manager Group Risk leads, develops and oversees a broad, highly specialized and diverse team of experts and/or Risk professionals who provide oversight, advisory support/services and act as an oversight function related to TD's enterprise/operational Risk programs. Acts as a thought leader for all risk-related activities. May also provide specialized project support or services within Risk Management. Provides effective challenge, oversight, and risk intelligence behaviors and outcomes, while operating within the Bank's risk appetite.

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
• Oversees and leads a large and/or highly complex and diverse reporting function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
• Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
• Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices
• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management/enterprise areas
• Facilitates key strategic discussions and provides thought leadership to executive audience (output may include strategic roadmap and/or deliverables/frameworks/short to long term goals etc.)
• Sets operational team direction and collaborates with others to execute on common goals
• Focuses on longer-range planning for functional area (e.g. 12 months or greater)

Education & Experience:

• Undergraduate degree or technical certificate and/or
• 10+ years relevant experience
• Advanced knowledge of multiple risk management disciplines, strategies, governance, regulations, controls, operating environment, consulting principles, procedures and processes
• Knowledge of risk management environment, standards, regulations and mitigation
• Knowledge of current and emerging competitor and market trends
• Ability to contribute to strategic direction of the function and provide trusted and reliable reporting, advice and opinion to senior leadership
• Ability to forecast initiatives and demand in order to develop annual strategic plan
• Skill in managing budgets, P&L, and resource allocation
• Skill in talent development and performance management
• Ability to establish goals and objectives that support the strategic plan
• Advanced ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
• Ability to make an impact, influence, and achieve results with effective negotiation, problem-solving, and communication skills
• Skill in using computer applications including MS Office
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships across teams and functions
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgement in making decisions
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to handle confidential information with discretion

Preferred Qualifications:

• Extensive knowledge of Model Risk Management frameworks, policies, and the end-to-end model lifecycle.
• Strong understanding of banking regulations, risk governance, and supervisory expectations.
• Experience supporting regulatory examinations, DFAST/CCAR programs, audit remediation, and enterprise risk reporting.
• Advanced analytical, reporting, and dashboard development capabilities.
• Demonstrated ability to communicate complex risk information to executive leadership, committees, and regulators.
• Proven success in driving governance enhancements, process improvements, and risk reporting transformation initiatives.
• Drive continuous improvement initiatives through reporting automation, dashboard enhancements, and process optimization.
• Develop and maintain Model Risk Reporting Procedures and governance documentation.
• Leverage analytics, automation tools, and macros to improve reporting efficiency, accuracy, and scalability.

Customer Accountabilities:

• Oversees a function of enterprise Risk Program professionals providing oversight and control related advisory services to Risk partners
• Provides strategic direction on a broad and diverse range of complex global Risk program activities
• Develops Risk enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's Risk Program
• Works with executive team, senior business management/partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory/compliance issues
• Contributes to the development and implementation of enterprise Risk programs related to all aspects of Risk legislation
• Meets with business partners and leaders to determine Risk strategies and compliance culture
• Takes corrective action and recommends or implements changes to procedures, as required
• Lead role in managing and in responding to periodic exams/audits and various regulatory bodies
• Participates in/leads enterprise-wide or Risk focused special projects
• Oversees research, development and implementation of new processes, technologies or operating models
• Works autonomously as the leader of the team and assists with development of group policies and approval of procedures in coordination with leadership team and colleagues; and promotes and monitors staff adherence to approved internal Risk policies, procedures, standards and guidelines, in addition to those federally mandated

Shareholder Accountabilities:

• Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leveraging TD's operating model to maximize efficiency, effectiveness and scale
• Ensures team adheres to enterprise frameworks and methodologies related to overall business management activities
• Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
• Executes on the annual business plan to deliver results aligned with business strategies
• Manages overall budget, revenue and expenditures, meets business objectives while increasing efficiency and effectiveness
• Proactively identifies key business opportunities, researches and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement
• Monitors and communicates the effectiveness of strategies, programs, and practices related to own area of expertise
• Protects the interests of the organization identifies and manages risks, and escalates non-standard, high risk transactions/activities as necessary
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Ensures employees are knowledgeable; and assumes responsibility to minimize operational and regulatory risk by complying with Bank and industry Code of Conduct

Employee/Team Accountabilities:

• Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty
• Develops annual and/or long term plans for own area and influences plans well beyond area managed
• Responsible for management of the overall team providing both leadership and guidance
• Sets targets and objectives for the team, and delivers results