Work Location:
New York, New York, United States of America
Hours:
40
Line of Business:
Governance & Control
Pay Detail:
$150,000 - $175,000 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.
Job Description:
Preferred Qualifications:
TD Securities (TDS) is seeking an experienced governance professional to support the continued evolution of its Front Office Algorithm Governance framework. Reporting to the Director, TDS Algorithm Governance & Controls (G&C), this role will serve as a subject matter expert responsible for evaluating current algorithm governance practices, identifying opportunities for enhancement, and helping design and implement a target-state governance framework aligned with regulatory expectations and industry practices.
The successful candidate will bring experience in algorithm governance and controls, front-office trading technology, or technology governance, coupled with knowledge of trading systems, algorithms, order and execution management platforms, and associated technology risks. The individual will partner closely with trading businesses, front-office technology, compliance, risk, internal audit, and other control functions to strengthen governance across the algorithm lifecycle.
This role is primarily focused on framework design, governance uplift, policy, standards and procedures development, control design, issue remediation, and strategic transformation initiatives.
Key Responsibilities
Governance Framework Assessment
- Develop and maintain governance frameworks, standards, procedures, and operating guidelines.
- Translate regulatory and policy requirements into practical governance processes.
- Define accountabilities, governance requirements, and escalation processes.
- Identify opportunities to improve governance maturity and operational effectiveness.
Control Design & Governance Enhancement
- Design and document governance and operational controls.
- Define monitoring, attestation, and oversight processes.
- Assess existing governance processes and recommend improvements.
- Support implementation of new governance requirements across businesses and technology platforms, including trading, order management, execution management, algorithmic trading, and related front-office systems.
Audit, Regulatory & Issue Remediation
- Lead remediation efforts for audit findings, self-identified issues, and regulatory observations.
- Develop remediation plans and supporting documentation.
- Coordinate stakeholders across business, technology, compliance, and risk functions.
- Prepare evidence and closure packages.
- Ensure timely execution of commitments and deliverables.
Governance Programs & Strategic Initiatives
- Lead governance initiatives from planning through implementation.
- Manage dependencies, stakeholders, risks, and execution plans.
- Support broader governance transformation and maturity initiatives.
- Drive adoption of new governance processes and standards.
Governance Operations & Reporting
- Support governance committee submissions and management reporting.
- Develop governance metrics and dashboards.
- Support inventory governance, attestations, and change governance processes.
- Monitor control effectiveness and emerging governance risks.
Required Experience
- 7+ years of experience in algorithm governance, governance and controls, technology risk or governance, operational risk, audit or regulatory remediation, front-office trading technology, or related capital markets disciplines.
- Demonstrated experience developing or operationalizing governance frameworks, policies, standards, procedures, technology or operational controls, or supporting documentation.
- Experience leading complex cross-functional initiatives.
- Strong stakeholder management and influencing skills.
- Excellent written communication skills.
- Proven ability to independently execute and deliver outcomes.
Preferred Qualifications
- Capital Markets experience gained through governance, risk and controls, or front-office technology roles.
- Experience with front-office trading systems, algorithmic or electronic trading, order management systems, execution management systems, market connectivity, or production support for trading platforms.
- Technology governance experience, including control design or oversight across the system development lifecycle, change management, access management, production readiness, resilience, or third-party technology risk.
- Familiarity with RTS 6, SEC Market Access requirements, and algorithmic trading regulatory self-assessments.
- Experience responding to audits and regulatory reviews.
- Familiarity with issue management frameworks and control environments.
*General Job Description:
The Manager II, Governance & Control leads and manages a governance and control team, overseeing diverse functions in an area of moderate risk, complexity or scope usually involving short to medium-term planning. This role ensures an integrated approach with other business governance and control areas, the broader organization, and enterprise control functions.
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
- Leads and manages a team of professionals for a diverse group set of G&C functions in an area of moderate risk, complexity or scope, while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
- Presents and makes recommendations to senior management and executives
- Ensures an integrated approach with other business areas, broader organization, and enterprise as appropriate
- Coordinates and prioritizes multiple initiatives and manages resource allocation
- Establishes effective relationships with different Stakeholders, Business Sponsors, Executives and LOB
- Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
- Deep knowledge and understanding of businesses/technology, and organizational practices/disciplines
- Focuses on medium-term planning and business issues (e.g. 6-12 months)
Education & Experience:
- Undergraduate degree preferred
- 7+ years of relevant experience
- Advanced business understanding and knowledge of risk and control functions
- Advanced knowledge of governance, risk and control procedures, strategies & tactics
- Knowledge of risk management environment, standards, regulations and mitigation
- Knowledge of current and emerging trends
- Skill in managing budgets and resource allocation
- Skill in mentoring, coaching and performance management
- Skill in using analytical software tools, data analysis methods and reporting techniques
- Skill in using computer applications including MS Office
- Ability to lead, plan, implement and evaluate program/project activities to ensure completion
- 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 process and handle confidential information with discretion
- Ability to establish goals and objectives that support the strategic plan
- Ability to contribute to strategic direction of the strategic initiatives and projects
Customer Accountabilities:
- Develops, communicates and implements a holistic governance and control strategy for own specific business function in support of and integrated with the overall business strategy
- Manages and plans activities that require alignment across multiple areas
- Leads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies/procedures/changes across multiple business/functional areas
- Leads partnership with management and respective teams for area of specialization with industry, enterprise, and business awareness; recognizing and anticipating emerging trends and; identifying issues and opportunities and recommending actions to senior management
- Ensures all administration, control and compliance activities are complete and accurate to meet targets for own area
- Ensures an integrated and aggregated view of all related business risk and control activities across the overall function providing escalations, recommendations, and decision support to leadership
- Forecasts programs/initiatives and demand, and coordinates prioritization of the portfolio/initiatives with key stakeholders
- Provides functional/business level communications to ensure messages to stakeholders and/or employees are consistent, appropriate and aligned to business risk strategies and executive management direction
- Provides direction to complex, wide-ranging enterprise or cross-function/business projects as a SME and participates in designing, testing, and implementation of solutions
Shareholder Accountabilities:
- Works closely with senior management to develop business plan, ensuring the optimal use of resources and leverages TD’s operating model to maximize efficiency, effectiveness and scale
- Leads interface and relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
- Assesses/identifies key issues and escalates to appropriate levels and relevant stakeholders and business management where required
- Identifies, mitigates and reports on risk issues per enterprise policy/guidance and ensures appropriate escalation processes are followed
- Ensures business operations are in compliance with applicable requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
- Leads or contributes to cross-functional/enterprise initiatives as a SME helping to identify risk/provide guidance for complex situations
- Manages oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed
- Oversees or leads the facilitation and/or implementation of action/remediation plans to address performance/risk/governance issues
- Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions/activities as necessary
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Employee/Team Accountabilities:
- Responsible for management of the overall team providing both leadership, guidance, and expertise; ensures team adheres to enterprise frameworks and methodologies
- Supports team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assesses potential impacts to the Bank
- Leads a high-performing team; provides ongoing feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
- 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
- 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
