TD · 1 day ago
Senior Manager 2LoD Testing Lead – Risk Data and Reporting
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$115K/yr - $186K/yr
10+ years expTD is one of the world's leading global financial institutions, and they are seeking a Senior Manager, Governance & Control to oversee a complex governance and control function. This role involves leading a team in executing independent 2LoD testing across regulatory and internal risk reporting, ensuring data integrity and compliance with regulatory requirements.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
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
Oversees and leads a highly complex and diverse function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices
Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
Acts as a strategic partner to leadership team on the management of the function, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management/enterprise areas
Sets operational team direction and collaborates with others to execute on common goals
Focuses on longer-range planning for functional area (e.g. 12 months or greater)
Leads 2LoD testing team to execute independent 2LoD testing of risk data aggregation and reporting and liquidity risk management, including test scoping and planning, execution, issue tracking and reporting
Independently assess the materiality and risk rating of in scope regulatory and internal risk management reports to determine the testing frequency, testing scope, key data element selection and testing approach
Manages the testing inventory and incorporates changes in the regulatory landscape as well as internal risk profile to update the testing universe and test plans
Owns the end-to-end testing and validation work from planning to execution, issues assessment and socialization, monitoring and reporting
Acts as the subject matter expert in the technical risk management and reporting areas (e.g., liquidity ratio calculation, liquidity stress testing) and regulatory requirements and instructions (e.g., FRB, OCC, FFIEC, Basel) to lead the team in transaction testing of key reports
Interacts with stakeholders from risk management, data management, technology, model owners and validators, to identify, understand and validate data lineage, data transformation and aggregation across systems, EUCs, models and reporting tools
Leads the discussion with stakeholders confirm identified control weaknesses, emerging risks, and potential compliance gaps, and discuss, assess and confirm remediation plans
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
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
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
Qualification
Required
Bachelor's degree required; advanced degree or relevant certifications (e.g., CRISC, CISA, CIA, CPA) preferred
Experience in risk management, internal audit, compliance testing, or a related field within financial services
Strong understanding of regulatory requirements and expectations related risk data and aggregation (e.g., BCBS 239) and liquidity risk management (e.g., Reg YY)
Experience with regulatory reporting systems (e.g., Axiom) and data warehouse, and ability to work with large datasets and perform data analytics
Experience leading teams and managing complex testing programs
Strong attention to detail and ability to get to the root cause of issues and observations
10+ years of relevant experience
Deep industry and business knowledge and expertise on risk and control functions
Advanced knowledge of governance, risk and control procedures, strategies & tactics
Advanced 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
Advanced 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
Preferred
Undergraduate degree preferred
Benefits
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
Reward and recognition
Company
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD).
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$65MKey Investors
U.S. Department of the Treasury
2023-10-03Grant· $65M
Leadership Team
Brian Jacobson
Chief of Staff to the CEO, TD Bank, America's Most Convenient Bank
F
Foster Glenn
Senior Vice President Technology and Data Risk Management
Recent News
Investment News
2026-01-16
Company data provided by crunchbase