VP, Volcker Program Governance

is role.

Job Description:

Preferred Qualifications:

DEPARTMENT OVERVIEW

The TDS Governance and Control team is a first line of defense team responsible for providing risk and compliance advice and oversight to ensure our TDS business partners have adequately considered, managed, and mitigated risks in day-to-day activities, operations, products and services, and are operating within risk appetite in compliance with regulatory requirements, Bank policies and risk appetite.

Members of TDS Governance & Control require sufficient expertise to review and assess whether the Business is adhering to internal (risk management, oversight function and audit) and regulatory requirements, requests, and expectations.

JOB DESCRIPTION

The Vice President supports Volcker Program Governance across TD Securities (Globally) ensuring a strategic, risk-based approach for alignment with Volcker Rule standards.

The position has a high level of direct interaction with stakeholders across various functions including the Business, Risk, Product Control, Technology, and Compliance. This position will require an individual who can collaborate and engage effectively in terms of enhancing Volcker Program procedures, monitoring processes, controls, policies and developing and communicating a project plan/tracker and associated updates to a variety of stakeholders.

JOB ACCOUNTABILITIES

The general accountabilities of this role include but are not limited to the following:

• Build and maintain constructive relationships with 1st and 2nd line partners as well as other key stakeholders to ensure Volcker Program governance delivery requirements are understood and met.

• Contribute to an effective, transparent culture of risk awareness, accountability, ethics, integrity, and conduct.

• Partner with stakeholders to ensure risks are adequately identified, assessed, and develop risk mitigation strategies to manage current and emerging risk exposures across the Program.

• Accountability to establish, deliver and support Volcker Program governance across TD Securities and other business segments.

• Support the Business in the design, implementation, and sustainment of controls within key processes and procedures.

• Partner with Business to proactively prepare for internal / regulatory requests, testing engagements, exams, and reviews.

• Ensuring a coordinated approach with other business areas, the broader organization and enterprise control functions.

• Build and cultivate an environment of innovation that leads to working smarter and simpler.

• Instill an attitude of critical thinking, risk management and understanding the needs of TD Securities colleagues.

• Ability to influence change and develop strong interpersonal relationships with team members and key partners.

JOB REQUIREMENTS

• Understanding of a global markets business in general including some product knowledge.

• Strong compliance and/or risk management assessment background.

• Some level of understanding of the Volcker Rule and its applicability to a global markets business and associated required metrics production and monitoring processes.

• Skillful communicator and influencer to build relationships, advance decision making, and effect change over time.

• Initiative-taking individual with a record of successfully assisting with implementing program enhancements.

• Ability to work with a pool of experts and ensures elevated levels of service even when the effort crosses organizational boundaries.

• Thrives in a challenging environment, managing multiple deadlines and priorities.

• Strategic thinking with solid problem solving and decision-making skills.

• Skilled at "connecting the dots" across issues in support of solutions and development of strategies to effectively manage and mitigate risk.

• Excellent interpersonal skills to effectively interact at all levels of the organization, coupled with a passion to build strong working relationships and contribute to a strong team environment.

• Strong organizational/time management skills.

• Flexibility to quickly adapt to changing requirements and execute on non-routine ad-hoc deliverables.

• A positive "can do" attitude with a curiosity and willingness to learn and grow, as well as share knowledge and experience.

• Proficiency in Microsoft applications (Excel, Word, PowerPoint), and Share Point.

ADDITIONAL INFORMATION

• Undergraduate degree or equivalent work experience

• Graduate degree would be an asset.

• Working knowledge of trade data process flows and technology platforms a plus.

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.