US Third Party Oversight and Resilience Director (US)

page for more information.* Leads a group of specialists/analysts or operates as an individual contributor for a sophisticated and complex business that exists in multiple geographic locations and/or multiple jurisdictions* Acts as the primary regulatory interface on risk issues and requirements for a key business segment of the Bank and assesses and provides direction for existing and new regulations* May manage or oversee a number of major risk area requirements and/or related programs that are enterprise-wide or cross multiple business segments* Represents business on corporate initiatives and identifies key risks and implications and provides direction in complex situations* Compiles reports on overall business trends, risks, losses, and issues on aggregated basis and recommends management action to minimize risk exposures* Works with various regulators, business/corporate and organization-wide business support groups to deal with regulatory and cross-business level issues* Develops and maintains comprehensive knowledge of Company and business unit objectives and strategic project goals in order to deliver the most effective solutions to Customers, aligned with TD Bank's Operational Risk appetite.* Leads the development and/or implementation of specific standards, policies, and/or processes that identify, report on and mitigate major operational risk exposures within the business, including responses to regulatory requirements* Leads or contributes to effective management of financial results and budgeting activities* Analyzes potential risks and ensure escalation of key risks to appropriate areas and/or business leaders* Establishes and provides on-going analysis and reporting on operational risk and/or other major risk categories as applicable to the business or functional area, and review findings and action plans with business leaders to mitigate and manage key issues* Coordinates and/or guides activities relating to core operational risk disciplines/programs including, but not limited to, Risk & Control Self Assessments (RCSA), Business Continuity Management (BCM), Outsourcing & Vendor Management. Regulatory Compliance, Affiliate Transaction Governance (e.g. CDIC, AML, Privacy, IDA, CBA, SOX, Basel, etc.)* Supports established enterprise-wide risk escalation, review and approval processes, data management, policies and risk assessment processes* Directs the development and monitoring of key risk indicators and facilitate communication and resolution of cross business risk issues among other business segments where applicable* Where appropriate oversee the development of key risk indicators for areas of specialized expertise.* May also be accountable for managing ancillary risk areas (e.g. Reconciliation Control, BCM, incident management, outsourcing/vendor management, fraud aggregation and assessment, Basel requirements, capital analysis, change management, privacy, AML, LCM, and other regulatory issues) in addition to core risk management functions* Provides insight and guidance to business unit senior and executive management on the identification of major risk drivers and key risk indicators* Contributes as a subject matter expert in areas specific to a particular risk (Incident Management, Insurance, Reconciliation Control)* Protects TD Bank's interests by keeping abreast of business trends, risk management issues, and by maintaining a good knowledge of existing and emerging risk issues across the business* Supports risk management through the execution of projects in support of the requirements of risk management as a business, including Financial Planning and Analysis, responses to specialized regulatory requirements, Board Risk Committee presentations, management of the Portfolio Investment Committee and other requirements as defined* Develops and maintains a good understanding of the regulatory landscape and relevant requirements for the business, ensuring key risk issues are identified, requirements interpreted and articulated to appropriate business units/functional areas* Represents the business or functional area on various risk management committees or working groups by presenting business or functional level issues and concerns* Builds awareness of key risk issues, drivers and mitigates by educating business leaders/management and providing training to broader groups as necessary* Contributes to the development of executive level tools and/or comprehensive risk capital frameworks for the management of key risks* Advances the practice of risk management in the business or corporate functional support areas through contributions to TD Bank's enterprise-wide risk strategy and corporate Operational Risk Management requirements* Develops and fosters strong relationships with business unit management to improve the understanding and communication of business-specific operational risk and/or other key risk management issues* Prepares board and executive management reporting, facilitate or contribute to meetings involving a range of stakeholders and senior management of TD Bank* As a member of the bank's second line of defense against risk, this position has both accountability and the authority to challenge the work of the first line of defense in support of the bank's standards, policies and Risk Appetite.* In alignment with the Enterprise, own, manage and evolve second line implementation and oversight maturity of TPRM Policy, Framework and Metrics in the US (including risk appetite measures and monitoring) to set a consistent and appropriate bar across the bank regarding how vendors are managed that considers regulatory and customer expectations.* Responsible for the Third-Party Risk Management Policy, Framework and standards for the US organization – decision authorities.* Responsible for the Third-Party Risk Profile US reporting approach – decision authorities.* Supports the measurement, monitoring, reporting and enforcement of adherence to second line policy and standards* Supports the maintenance of ongoing monitoring standards and scorecard methodology, challenge business monitoring results to remain within risk appetite.* Monitor and communicate new and amended third party related US regulations and communicate same to compliance and other partners.* Evaluate third party risk assessment processes and content; monitor risk acceptances, overrides, exceptions, and issues; assess reasonability and accuracy of risk ratings; provide review and challenge.* Monitor progress of issues management inventory, escalating when necessary.* Provide independent assessment to verify businesses are following TPRM policy requirements or identify gaps.* Supports the development, monitoring and reporting of third-party risk indicators (includes reporting and monitoring at enterprise and business levels, concentration risk, senior executive and Board reports)* Supports second line TPRM US Sub-Committee* Support Head, Third Party Risk Management in Participation in risk review or reporting forums and committees including Third Party Control Assessment Forum, Third Party Risk Oversight Committee and Modernization Program.* Source, develop, nurture and train talent for the US organization* Partner with other second line US Risk and Enterprise partners regarding data protection, resilience and recovery in relation to vendor management* Provide review and challenge of RCSA vendor related controls, 1LOD US Vendor Monitoring and timely closure of risk assessment gaps.* Manage US TPRM Program oversight to meet all regulatory expectations while maintaining positive working relationships with regulators* Provide effective challenge for Third Party oversight and governance activities* Third Party Risk Management objectives and Enterprise investments include vendor oversight and risk mitigation per US requirements.* Work with control partners (Technology Risk, Information Security Risk Management, Privacy, legal) #J-18808-Ljbffr