Manager, Oversight and Challenge, Data Risk Managment (3643)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Risk Management

Pay Details:
$91,200 - $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:

Department Overview

Data Risk Management (DRM) is responsible for overseeing and challenging data management activities across the TD footprint. We act as proactive and trusted advisors to TD business lines, supporting an effective risk culture. Reporting to Senior Manager - Data Risk Management- this role will oversee the second line of defense for data risk - conducting independent and effective challenge of 1st line data management functions, strategy and operating model. Ensuring that use cases align with internal data risk management policies, frameworks, and standards. The Risk Manager will provide guidance, support, and objective challenges to business segments and data-centric teams across TD. Additionally, this role will liaise with ORM 2A partners to conduct data risk challenges and provide input on standard ORM challenge activities.

As a Risk professional, leads, supports and demonstrates diverse range of risk management expertise, advisory services. Provide effective challenge, and demonstrate risk intelligence behaviors and outcomes, while operating within the Bank's risk appetite. Mitigate enterprise and/or business-wide risk exposures for key business segments of the Bank or functional areas. Provide independent opinion, commentary and recommendations based on overall strategy and industry best practices.

Key responsibilities will include:

• Supporting and operationalizing the oversight and challenge coverage plan and challenge methodology in alignment with standards and industry expectations.
• Overseeing and providing effective challenges on data-related AI risks for specific business groups within the first line of defense. This includes in-depth reviews of the solutions and approaches being deployed.
• Developing procedures and testing protocols to facilitate review and challenge processes.
• Interacting with business segments, corporate functions, and data-centric teams to assess data controls and related risks.
• Building strong relationships with business segment and corporate function ORM 2A teams to integrate data risk awareness and reporting.
• Collaborating with business partners to stay informed about issues and escalate them as necessary.
• Demonstrate knowledge of AI and AI risk management frameworks compared to other frameworks (e.g., model risk management, technology risk).
• Function amongst a team of Risk professionals providing Challenge and control related advisory services to Risk partners.
• Establishing ongoing reporting and monitoring of data risks across the assigned portfolio.
• Acting as a subject matter expert and strategic advisor on data risks, staying knowledgeable about emerging issues, trends, and regulatory requirements to understand their impact on TD Bank and implications for the DRM policy and framework.
• Provide guidance, leadership to ensure operational results and professional/personal development objectives are achieved
• Work with executive team, senior business management/ partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory/ compliance issues
• Act as key liaison with partners and external groups and provide Risk subject matter expertise; partner, as necessary, effectively with key stakeholder groups
• Effectively management of functional/ operational issues, and participate in the negotiation and resolution of complex and/or escalated issues, where necessary
• Act as point of contact for guidance in the monitoring/ reporting of compliance, management, and strategic initiatives
• Lead and develop Risk enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's Risk Program
• Take corrective action and recommend or implement changes to procedures, as required

EMPLOYEE / TEAM

• This is an individual contributor role.
• Support DRM team members and colleagues in developing expertise to align with business/enterprise demand and direction; continue to look for ways to provide and enhance the value delivered
• Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams

BREADTH & DEPTH

• Ability to present and make recommendations to senior management and executives within DRM and across Risk
• Ensure an integrated approach with other business areas, broader organization, and enterprise as appropriate
• Coordinates and prioritizes multiple initiatives and manages resource allocation

Job Requirements

• Knowledge of data management, data governance and operational risk Working knowledge of data regulations and industry trends
• Experience in oversight and challenge activities and understanding of 3 Lines of Defense.
• Exceptional writing skills with the ability to draft superior quality reports, procedures and internal correspondence
• Strong leadership and negotiation skills with demonstrated experience in leading high performing teams.
• Demonstrated ability to work effectively in teams and in a matrix structure with multiple stakeholders at varying levels.
• Ability to operate effectively with flexibility in a fast-paced, constantly evolving team environment and competing priorities
• University degree or equivalent experience; Graduate degree in a quantitative field, Computer Science, Business Administration, or related field of study preferred.
• 7+ years relevant experience

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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