TD Bank

Senior Manager, Group Risk (US) Model Risk Governance

TD Bank$115K — $186K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree or technical certification.
  • 10+ years of relevant experience in risk management.
  • Expertise in risk governance, regulations, and controls.
  • Ability to develop strategic direction and trusted reporting for senior leadership.
  • Strong problem-solving and communication skills with a focus on collaboration.

Responsibilities

  • Lead and develop a diverse team of risk professionals.
  • Oversee complex risk reporting functions, driving talent growth and success.
  • Provide mentorship to business executives and practitioners.
  • Influence strategic discussions and deliver frameworks for risk management.
  • Ensure alignment of team direction with organizational goals.
  • Manage the portfolio and financial aspects of the risk program.
  • Contribute to the development and execution of enterprise-wide risk frameworks.

Benefits

  • Opportunity for professional growth and development within the company.
  • Supportive culture that promotes teamwork and knowledge sharing.
  • Engagement with senior leadership in strategic decision-making.
  • Access to a diverse and talented team for collaboration.
  • Involvement in high-impact projects that shape risk management practices.
Full Job Description
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
  • Grows team expertise to align with business/enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value delivered
  • Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and provides regular input into employee assessments and development plans
  • Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner
  • Manages employees in compliance with all human resources policies, procedures and guidelines of conduct
  • Shares knowledge, information, skills, and subject matter expertise among the team and ensures the timely communication of issues and encourages good working relationships with other functions and teams
  • Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes
  • Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
  • Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
  • Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally


Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Never
  • Performing sedentary work - Continuous
  • Performing multiple tasks - Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds - Occasional
  • Sitting - Continuous
  • Standing - Occasional
  • Walking - Occasional
  • Moving safely in confined spaces - Occasional
  • Lifting/Carrying (under 25 lbs.) - Occasional
  • Lifting/Carrying (over 25 lbs.) - Never
  • Squatting - Occasional
  • Bending - Occasional
  • Kneeling - Never
  • Crawling - Never
  • Climbing - Never
  • Reaching overhead - Never
  • Reaching forward - Occasional
  • Pushing - Never
  • Pulling - Never
  • Twisting - Never
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - Continuous
  • Reading, writing and comprehending instructions - Continuous
  • Adding, subtracting, multiplying and dividing - Continuous


The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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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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