Group Risk Specialist, Enterprise Risk Management

Work Location

Toronto, Ontario, Canada

37.5

Risk Management

96,900. 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  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.

Enterprise Risk Management (ERM) is responsible for building organizational capability in managing risk on a more integrated and comprehensive basis for the organization and for promoting a strong risk culture within TD. The team is accountable for the development and implementation of an enterprise risk management strategy, governance, policies and practices, reporting and operating frameworks, and operations associated with the Risk Management function.

TD applies the “Three Lines of Defence” model to risk management as defined in the Enterprise Risk Framework. As part of the second line of defence, the ERM team assures the appropriate design, implementation, and/or execution of (applicable components of) the TD risk management framework. ERM collaborates with a broad network of business and risk management practitioners and other corporate functions in all jurisdictions where the Bank has business activities.

Reporting to the Senior Manager, Enterprise Risk Management, the Group Risk Specialist will operate in a forward deployed capacity to support implementation and execution of ERM programs and represent ERM on new initiatives across Risk Management. The Group Risk Specialist will ensure programs and processes are aligned and integrated with the Enterprise Risk Framework and other relevant frameworks.

• Development and implementation of new ERM programs including corresponding change management activities
• Alignment with concurrent enterprise initiatives such as the Enterprise Governance Risk and Control (eGRC) program
• Execution of ERM operations including annual refreshes, delivery of existing programs, reporting routines and oversight and monitoring to assess business adherence to ERM programs.
• Delivery of business-as-usual ERM activities (e.g., stakeholder communication, assessment, reporting, etc.) during peak periods
• Development and review of enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's Risk Program.
• Advancement ERM owned frameworks, policies and related governance and procedural documents in line with ERM's strategic direction
• Alignment to existing and future regulatory requirements as well as interpreting and monitoring changes to relevant regulations where ERM has primary oversight accountabilities.
• The scope of these activities is enterprise-wide and includes interaction with stakeholders across Risk Management, other Corporate Functions, and all business segments, including the US.
• Management of ERM plans, timelines, activities, and deliverables, interacting with stakeholders and the broader ERM team
• Identification and problem resolution for program requirements, issues, and/or internal audit findings and non-compliance issues.
• Engagement of stakeholders to take action, serve as a source of expert advice, influence change and frame information in a broader context.
• Escalation of issues and concerns related to non-compliance as needed and work with the ERM team and/or stakeholders for resolution.

• Create an extraordinary place to work — advance and sustain a unique, inclusive culture that reflects TD’s diversity agenda, and creates an extraordinary employee experience.
• Identifies opportunities to enhance ERM framework and related standards and…