TD Bank

AVP Operational Risk, Process and Execution

TD Bank$160K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in Operational Risk Management or related field.
  • 5+ years of executive experience in Operational Risk Management preferred.
  • Knowledge of the regulatory environment and banking industry operations.
  • Proficient in communication and relationship-building with stakeholders.
  • Demonstrated success in developing and implementing large-scale programs.

Responsibilities

  • Own and manage core Operational Risk Programs related to Process & Execution Risk.
  • Drive strategic improvements to Process Risk & Execution programs.
  • Oversee ongoing management, reporting, and training for risk programs.
  • Collaborate with partners across the organization to enhance risk management frameworks.
  • Lead initiatives to foster a robust risk and control environment.
  • Report updates to risk committees from an enterprise-wide perspective.
  • Ensure compliance with frameworks, policies, and standards.

Benefits

  • Comprehensive health and well-being benefits
  • Savings and retirement programs
  • Paid time off
  • Banking benefits and discounts
  • Career development opportunities
  • Rewards and recognition programs
Full Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$160,000 - $200,000 CAD

The Associate Vice President, Operational Risk Management, Process and Execution will be responsible for holding the first and second line accountable to delivering Process & Execution Risk programs,, investing in controls to prevent operational losses and developing business practices that are aligned to TD's values & ethics while meeting all applicable laws, rules, and regulations. The AVP will be an active member of risk management committees for Process & Execution Risk Programs and will be expected to mature Operational Risk Programs to align with regulatory expectations and industry practice.

Depth and Scope

  • Own, manage and evolve core Operational Risk Programs related to Process & Execution Risk and are documented in respective Frameworks, Policies and Standards to set a consistent and appropriate bar across the Bank regarding how Operational Risk is governed and managed to meet regulatory expectations, TD's strategic objectives and stakeholder/client interests.

  • Driving strategic Process Risk & Execution program uplifts to achieve advances in governance and risk management.

  • Responsible for ongoing Process Risk & Execution program management including reporting, internal training and socialization of Process Risk & Execution program expectations and emerging risks with key stakeholders, leaders, senior executives and key control partners to drive change and adoption across the Bank.

  • Work with various partners (e.g., EGRC, Compliance, FCRM, Audit, etc) and Business Segments/Corporate Functions to mature process & execution risk management, including frameworks, policies, standards and risk reporting.

  • Lead Process & Execution Risk program management to promote a strong risk and control environment and foster a strong culture of integrity, ethics and regulatory compliance.

  • On a regular basis, or as needed, report updates to designated risk committees from an enterprise perspective.

  • Oversee and monitor adherence to the frameworks, policies and standards from an enterprise perspective.

  • Provide routine and regular reporting of Process & Execution Risk program activities, issues and events, through appropriate channels.

  • Manage Process & Execution Risk programs within the parameters of the financial plan, on time and on budget.

  • Maintain positive, honest, transparent and constructive relationships with regulators.

Education and Experience

  • 10+ years progressive experience in Operational Risk Management or related field.

  • 5 years+ executive experience in Operational Risk Management or equivalent preferred.

  • Have knowledge of the regulatory environment and requirements, the banking industry and TD operations.

  • Be a skillful communicator and influencer to build relationships with both internal and external stakeholders, providing challenge and push back as needed and advancing decision making.

  • Be a highly motivated individual with a track record of successfully developing and implementing large scale programs with superior results, while managing effectively in a highly matrixed environment.

  • Be able to effectively challenge business leaders while providing value added guidance.

  • Can work with a pool of experts and ensure high levels of service even when the effort crosses organizational boundaries.

  • Possess and operate with a strong risk and control mindset.

  • Can build for the future by attracting and developing the best people.

  • Thrive in an ambiguous and fast-paced environment, managing multiple deadlines and priorities.

  • Be transparent, with colleagues, businesses and regulators using our vision and framework to guide discussions.

  • Work collaboratively with others as we innovate and simplify.

  • Develop and strengthen the team while embracing diversity.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs.

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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