TD Securities · 17 hours 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 Securities is one of the world's leading global financial institutions, and they are seeking a Senior Manager to oversee the Governance & Control function for risk data and reporting. This role involves leading a team in executing independent testing of risk data aggregation and regulatory compliance, while ensuring alignment with enterprise best practices and managing complex testing programs.
BankingFinanceFinancial Services
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
Qualification
Required
Bachelor's degree required
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
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
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
TD Securities
TD Securities is an investment banking that offers global transaction, M&A advisory, foreign exchange, and equity research services.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Rona Ambrose
Deputy Chairwoman
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