Group Risk Specialist (ATH 5616)

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Risk Management

Pay Details:

$96,900 - $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:

Job Description

Segment Risk Specialist – Data Risk Management. The role provides independent oversight and effective challenge of Data Risk, including data governance, data quality, retention and lifecycle management practices.

Reporting to the AVP, Operational Risk Management, this role will have the following accountabilities:

• Provide independent second-line oversight and constructive challenge of Data Risk activities across Canadian Personal Banking and Canadian Commercial Banking.

• Assess the completeness and quality of risk assessments, control design, control testing and remediation plans, and clearly document the resulting risk point of view.

• Identify emerging, thematic and potentially systemic Data Risk trends and recommend proportionate risk mitigation or escalation.

• Provide clear, practical advice to senior management and business, technology and data stakeholders while maintaining effective second-line independence.

• Support the execution of Data Risk oversight priorities, targeted reviews and governance reporting across the segment.

• Work independently through complex and ambiguous matters and connect issues across products, processes, platforms and business lines.

• Execute second-line challenge activities required to support the ORM and ERM Frameworks, including but not limited to:

• Review and escalate Segment Risk Appetite Statement measures, limits and excesses, and report material concerns to the Segment CRO and senior management.

• Support the Segment ORM team in the review and challenge of PRCSA/RCSA activities.

• Challenge the design and operating effectiveness of controls and the quality of testing performed by the First Line of Defence.

• Review Key Risk Indicators, trends, thresholds and supporting management actions.

• Conduct Segment deep dives and targeted reviews to identify material, thematic or systemic control weaknesses.

• Provide independent oversight and challenge of Data Risk issues and incidents, including root-cause analysis, impact assessment, remediation adequacy, target dates, closure evidence and potential cross-segment themes.

• Provide Data Risk oversight and challenge for material change initiatives, including data migration, lineage, quality, retention, third-party data handling, cloud adoption and new technologies.

• Perform other oversight and challenge activities, as appropriate, to support effective Data Risk management.

• Communicate risk assessments, findings and recommendations clearly to executives and senior management, and influence timely, risk-based remediation.

• Contribute positively to an inclusive team environment and demonstrate integrity, sound judgment, collaboration and accountability.

Job Requirements

• Bachelor's degree from a recognized university or equivalent experience.
• Typically 7+ years of relevant experience in Data Risk, data governance, operational risk, technology risk, controls, compliance or internal audit within financial services or another highly regulated industry.
• Experience in second-line Operational Risk Management and/or business experience in data governance is an asset.
• Experience engaging technical subject matter experts across data governance, data quality, retention, lineage, classification and Data Impact Assessments.
• Knowledge of applicable Canadian regulatory expectations and industry standards relating to operational resilience, technology and cyber risk, data governance, privacy, records retention and payment-card data.
• Ability to work independently through ambiguity, adapt to change in a fast-paced environment and engage the appropriate subject matter experts.
• Organizationally astute, with superior influencing, collaboration, and communication skills.
• Demonstrated experience assessing risk, constructively challenging the status quo and working across organizational boundaries.
• Strong analytical skills, including segment risk analysis, data analysis, and comparative analysis.
• To provide effective oversight and independent challenge, the candidate should have a strong understanding of the following areas:
  • Risk management frameworks and methodologies;
  • Data management frameworks, governance, lifecycle processes, controls and supporting tools;
  • Data quality, lineage, retention, classification and issue management practices;
  • Cloud and third-party data risk management; and
  • Applicable regulatory requirements and industry standards.

Education & Accreditation

• This role requires successful completion of all three levels of TD Operational Risk Management certification. Certification is not a requirement to apply for this role. The successful candidate will have 12 months from the start date in the role to complete required certifications. The required courses are available internally through TD Operational Risk Management.
• Undergraduate degree in Computer Science/Computer Engineering/Risk Management is an asset.
• Accreditation such as DCAM and/or similar is preferred.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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