Senior Group Risk Specialist - 2LoD Controls Testing and Oversight
Senior
Description
Work Location
New York, New York, United States of America
Hours
40
Pay Details
$115,440 - $186,160 USD
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.
Line of Business
Risk Management
Job Description
The Senior Group Risk Specialist provides a comprehensive and diverse range of risk management expertise to business leaders. Leads and supports the implementation of appropriate risk frameworks and leading related management activities to mitigate enterprise and/or business-wide risk exposures for key business segment of the Bank or functional area. May provide oversight, commentary, and recommendations based on overall strategy and industry best practices.
Department Overview
TD Bank is guided by the Three Lines of Defense (LOD) Risk Framework: Risk Ownership (1LOD), Risk Oversight (2LOD), and Internal Audit (3LOD). The second line is independent of the business and provides policies, standards, and methodologies, with the authority to assess and challenge the first line to ensure adherence to those standards. In this role, you will lead and support the implementation of risk frameworks and oversight activities that mitigate enterprise risks. You will also lead the end-to-end controls testing and validation—from planning through execution—by assessing and socializing issues, monitoring remediation, and producing independent reporting across business processes and technology platforms, including support for regulatory and internal risk reporting.
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Depth & Scope
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Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas
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Senior specialist providing advisory services to executives, business segment leaders and governs requirements for own work
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Integrates knowledge of the enterprise function’s or business segment’s strategy in leading program design, policy formulation or operating standards within one or more areas of expertise
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Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements
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Serves as a source of expert advice to senior management in field of specialty; may lead team(s) of related specialists/experts
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Advises on execution strategy and leads the development and deployment of functional programs or initiatives within own field or across multiple specialties
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Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of own field
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Requires innovative thinking to develop new solutions
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Impacts the technical or functional direction and resource allocation of part of an enterprise function or business segment
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Works within general policies and industry guidelines
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Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader context
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Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meet the business needs on a complex project or program
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Identifies and leads problem resolution for project/program complex requirements related issues at all levels
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Education & Experience
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Undergraduate degree or technical certificate and/or
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10+ years relevant experience
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Advanced knowledge of risk management governance, programs, policies, practices, operating frameworks & reporting for business supported and/or area of discipline to deliver objective guidance and independent challenge on initiatives.
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Knowledge of risk management environment, standards, regulations and mitigation
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Knowledge of current and emerging competitor and market trends
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Ability to contribute to strategic direction of the function and provide advice to senior leadership
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Skill in mentoring and coaching
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Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques
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Advanced ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
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Ability to make an impact, influence, and achieve results with effective negotiation, problem-solving, and communication skills
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Skill in using computer applications including MS Office
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Ability to communicate effectively in both oral and written form
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Ability to work collaboratively and build relationships across teams and functions
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Ability to work successfully as a member of a team and independently
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Ability to exercise sound judgement in making decisions
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Ability to analyze, organize and prioritize work while meeting multiple deadlines
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Ability to handle confidential information with discretion
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The Senior Group Risk Specialist is responsible for leading the execution of independent Second Line of Defense (2LoD) testing and validation programs across regulatory reporting, internal risk reporting, data risk management, and liquidity and capital risk management. This role provides independent review and challenge of First and Second Line processes, controls, data, and reporting practices to assess compliance with regulatory requirements, internal standards, and industry-leading practices. Responsibilities include leading the evaluation of end-to-end data lineage, data transformations, calculation methodologies, control frameworks, and reporting governance to validate the integrity, accuracy, and regulatory compliance of risk management and reporting processes.
The role requires hands-on experience and knowledge of leading industry practices pertaining to controls testing, operational risk management, regulatory reporting requirements, liquidity and capital risk management, and risk data aggregation and reporting, as well as capabilities to lead a team of testing professionals and influence senior stakeholders across business, risk, finance, technology, and data management functions.
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Preferred Experience/Qualifications
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Lead 2LOD testing of business and technology controls, including scoping, planning, execution, documentation, and issue tracking/reporting
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Lead the execution of independent testing in the following areas: Control Design & Operating Effectiveness, Transactions Testing, Data Reconciliations, Logic Reperformance, Data Profiling/Analytics, End-User Computing (EUC) Review, Policy & Procedure Review, Governance/Oversight, and Regulatory Rule Compliance
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Identify opportunities to streamline and automate controls testing (where appropriate), including through the use of generative AI, agentic AI, and RPI
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Proactively identify and assess risks; escalate to management as needed; confirm findings and drive action plans to mitigate and manage risks
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Determine testing approach, including frequency, scope, key data element selection, sampling methodology, and test procedures in alignment with the 2LOD testing framework
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Support the maintenance of the testing inventory and update the testing universe and plans based on the regulatory landscape and changes in the internal risk profile
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