Senior Group Risk Specialist - 2LoD Controls Testing and Oversight

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.

Depth & Scope:

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

Senior specialist providing advisory services to executives, business segment leaders and governs requirements for own work

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

Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements

Serves as a source of expert advice to senior management in field of specialty; may lead team(s) of related specialists/experts

Advises on execution strategy and leads the development and deployment of functional programs or initiatives within own field or across multiple specialties

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

Requires innovative thinking to develop new solutions

Impacts the technical or functional direction and resource allocation of part of an enterprise function or business segment

Works within general policies and industry guidelines

Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader context

Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meet the business needs on a complex project or program

Identifies and leads problem resolution for project/program complex requirements related issues at all levels

Education & Experience:

Undergraduate degree or technical certificate and/or

10+ years relevant experience

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.

Knowledge of risk management environment, standards, regulations and mitigation

Knowledge of current and emerging competitor and market trends

Ability to contribute to strategic direction of the function and provide advice to senior leadership

Skill in mentoring and coaching

Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques

Advanced ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives

Ability to make an impact, influence, and achieve results with effective negotiation, problem-solving, and communication skills

Skill in using computer applications including MS Office

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 handle confidential information with discretion

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.

Preferred Experience/Qualifications:

Lead 2LOD testing of business and technology controls, including scoping, planning, execution, documentation, and issue tracking/reporting

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

Identify opportunities to streamline and automate controls testing (where appropriate), including through the use of generative AI, agentic AI, and RPI

Proactively identify and assess risks; escalate to management as needed; confirm findings and drive action plans to mitigate and manage risks

Determine testing approach, including frequency, scope, key data element selection, sampling methodology, and test procedures in alignment with the 2LOD testing framework

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

Partner with business and technology stakeholders to review key controls, identify potential control gaps, and agree on remediation plans

Evaluate processes and controls and connect themes across issues/deficiencies to improve standardization