TD Bank

Governance & Control Specialist

TD Bank$91K — $136K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in governance and control or related fields
  • Deep understanding of model and AI risk oversight
  • Proficient in risk assessments, policy analysis, and reporting
  • Strong analytical skills with business acumen
  • Proven ability to work independently in ambiguous environments
  • Demonstrated communication and relationship-building skills
  • Experience in CPB product areas or similar environments is a plus

Responsibilities

  • Lead the development and execution of the Models Risk Governance Program
  • Support identification, assessment, and mitigation of model risks
  • Foster a culture of model risk awareness within the business
  • Collaborate with business lines to manage model-related issues
  • Establish and oversee the Models Governance Framework
  • Provide comprehensive model governance expertise
  • Streamline and drive efficiency in model processes

Benefits

  • Comprehensive health and well-being benefits
  • Savings and retirement programs
  • Paid time off and banking benefits
  • Career development opportunities and mentoring programs
  • Total rewards package promoting financial and personal well-being
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
0

Line of Business:
Governance & Control

Pay Details:
$91,900 - $136,800 CAD

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 Governance and Control (G&C) Specialist will report to the Senior Manager, CPB BMG (1B) and will play a key role supporting the overall 1B mandate, leading and managing the development and execution of the Models Risk Governance Program activities and reporting. This role will focus on supporting all Model & AI Risk oversight activities for CPB businesses.

As a successful candidate, you are a Subject Matter Expert with a deep understanding of Models requirements within TD. You have proven experience performing risk assessments, policy analysis, consultation & implementation& Reporting.

Foster a strong, robust, reliable, and sustainable Governance & Control environment for models, while
  • Supporting and enabling business growth within TD's risk appetite and regulatory expectations.
  • Foster an effective and transparent culture of model risk awareness as well as evaluate business strategy and activities against risk appetite.
  • Support the Business in the identification, assessment, mitigation and overall management of current and emerging model risks in business processes, operations, and initiatives to comply with regulatory and policy requirements.
  • Collaborate with the Business to maintain processes to identify, track and resolve model related issues expediently and effectively. Identify and report trends/areas of increasing model risk and support decision-making/mitigation.
  • Support model related exams, reviews, and findings with second and third lines of defense risk and control partners as well as external parties. Identify trends/areas of increasing model risk and support decision-making/mitigation.
  • Establish and maintain Models Governance Framework and oversee lifecycle activities - conceptualization, development, validation, implementation, ongoing maintenance, performance monitoring, and retirement.
  • Provide model governance subject matter expertise to business to support their risk management practices.
  • Streamline model processes, driving efficiency and consistency in processes and approaches where possible. Be continuous improvement minded, seeking and pursuing new ways of working, where appropriate.
  • Provide trusted and reliable model reporting to senior leadership and risk and control partners on the state of risks, controls, and outcomes.
  • Manage relationships within various business lines and/or Control Partners while acting as a brand ambassador for our business area.


Skills Required:

As a successful candidate, you are a highly seasoned professional with substantial business knowledge and model governance knowledge. Additionally, you have organizational awareness and sound knowledge of broader areas serving the Bank's risk and control interests.

The following skills will be an important foundation for success in this role:
  • Strong Analytical skills/research skills & business acumen with the ability to breakdown complex subjects into manageable parts in a systematic manner & assess risk/challenge the status quo
  • Knowledge of governance, risk and control procedures, strategies, and tact
  • Knowledge of risk management standards, regulation, and risk mitigation
  • Comfortable working in an ambiguous environment and leveraging available standards and policies to support business interpretation of models and risks.
  • Advanced ability to lead, plan, implement and evaluate program activities to ensure completion
  • Self-driven, self-motivated and operates effectively in an independent version
  • Strong data and reporting skills
  • Demonstrated ability to think critically and finding meaningful solutions to complex issues.
  • Ability to exercise sound judgement in making risk-based decisions.
  • Ability to work collaboratively and build relationships across teams and with control partners.
  • Ability to effectively challenge the status-quo and engage in challenging conversations as needed.
  • Strong communication skills (both oral and written) with the ability to impact and influence outcomes.
  • Comfort operating independently in an ambiguous environment.
  • Ability to analyze, organize and prioritize work while meeting multiple deadlines.

Asset:
  • Experience working with Model Risk Governance or AI Governance
  • Experience in governance and control, risk, compliance or other similar function.

Knowledge of, or experience working in, CPB product areas, operations and channels.

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. Learn more

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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