TD Bank

Senior Manager - Enterprise Stress Testing Governance and Controls

TD Bank • $115K — $163K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
8 - 10 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • University degree in Finance or related field.
  • Preferred CPA, MBA, CFA, or similar designation.
  • At least 10 years of experience with management responsibilities.
  • Knowledge in Stress Analysis and banking principles.
  • Advanced proficiency in Excel, PowerPoint, and Word.

Responsibilities

  • Lead enhancement of the Enterprise Stress Testing Framework.
  • Communicate and train global stakeholders on compliance requirements.
  • Manage relationships with regulators and coordinate exams.
  • Ensure adherence to governance standards and frameworks.
  • Develop and oversee reporting for model overlays and inventory.

Benefits

  • Growth and skill development opportunities.
  • Fair and equitable compensation policies.
  • Discretionary variable compensation based on performance.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Finance

Pay Details:
$115,600 - $163,200 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

Job Description / Accountabilities

1. Stress Testing Framework and Guidance
  • Lead the enhancement and maintenance of the Enterprise Stress Testing Framework and Guidance, ensuring it aligns with regulatory expectations, management requirements, and recommendations/requirements from Internal Audit or Governance and Control teams.
  • Responsible for effective communication and training of the requirements to Global stakeholders across Finance, Risk and Treasury functions.
  • Responsible for ensuring adherence to the Frameworks and Policies across all groups.
  • Support the assessment of stress testing capabilities across Finance, Risk and Treasury including benchmarking to regulatory requirements and expectations, as well to industry practice.


2. Model Overlay Framework and Model Inventory Management:
  • Lead the enhancement and maintenance of the Model Overlay Framework, ensuring it aligns with regulatory expectations, management requirements, and recommendations/requirements from Internal Audit or Governance and Control teams.
  • Lead the enterprise reporting of model overlays and collaborate with 1B on the reporting of model inventory to Enterprise Capital Committee.
  • Responsible for effective communication and training of the requirements to Global stakeholders across Finance, Risk and Treasury functions.
  • Responsible for ensuring adherence to the Model Overlay Framework across all groups.


3. Regulatory Compliance, Co-ordination and Exam Management
  • Responsible for developing and managing strong effective relationships with regulators.
  • Participate in workshops with Peer Banks and Regulators.
  • Responsible for communicating Regulatory requirements related to key stress testing leads.
  • Lead regulatory program and exam coordination including dissemination of questions, collection and submission of responses across workstreams and facilitating meeting.
  • Responsible for coordinating centralized on-going monitoring and reporting of remediation efforts of regulatory findings.


4. Governance
  • Responsible for ensuring Stress Testing Council Mandates remain current, including membership.
  • Responsible for establishing and communicating governance standards to Council secretaries.
  • Responsible to ensure governance standards, practice and execution meet management and regulatory expectations and are aligned with Enterprise Standards.


5. Control Functions Relations and Exams
  • Responsible for developing and managing strong effective relationships with control functions.
  • Responsible coordinating control function requests and meetings with various stress testing groups.
  • Support control function exams coordination, including dissemination of questions, collection and submission of responses across workstreams, and facilitating meeting.
  • Responsible for centralized on-going monitoring and reporting of remediation efforts of findi


6. Additional Information
  • University degree in Finance, Advanced quantitative discipline, Economics, or a related field.
  • CPA, MBA, CFA, or other professional designations, preferred.
  • Minimum 10 years of related experience with progressing levels of operational and/or team management responsibility.
  • Knowledge of Stress Analysis, capital markets, asset/liability management principles and banking products.
  • Demonstrated strong project management capabilities.
  • Knowledge of the Bank's financial and management reporting infrastructure and strong accounting background would be an asset.
  • Advanced knowledge and proficiency in Excel, PowerPoint, and Word.


Competencies and Personal Qualities
  • Leading initiatives across different departments and business segments
  • Reporting complex financial concepts in business terms understandable by audiences with varied backgrounds & seniority levels
  • Excellent inter-personal and internal relationship management skills
  • Excellent verbal and written communication skills with the ability to communicate clearly with Senior Management
  • Must be able to think conceptually ("out-of-the-box") and have a high degree of attention for detail.
  • Strong project management capabilities.
  • Sound business judgment.
  • The candidate will require exceptional organizational skills and be able to prioritize and manage many different competing requirements simultaneously.
  • Ability to develop good business relationships with "internal clients" and influence change.
  • Demonstrated strong analytical abilities.
  • Proactive and highly motivated individual who will take the initiative to move initiatives forward and drive them to completion.
  • Role requires ability to perform in an ambiguous environment with potentially changing priorities and tight deadlines.
  • Demonstrated ability to attract and develop talent pipeline.
  • Ability to teach skills and concepts to colleagues and staff.


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
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at TD Bank

More Finance & Insurance Jobs

Find similar Senior Manager - Enterprise Stress Testing Governance and Controls jobs:

NationwideToronto, ON