Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

-

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.

Job Description:

The use of business intelligence tools is becoming increasingly an area of focus to support business growth. This role will focus on the implementation and managing of specific business intelligence tools in alignment with enterprise standards and regulatory requirements and expectations. In particular, it will include building algorithmic and model risk governance programs including inventories, risk ratings testing and monitoring, training and reporting. It will also include building similar programs for Artificial Intelligence, End User Computing, Non Models and Business Managed Technology.

The ideal candidate would have knowledge of the use of business intelligence tools in the capital markets business

Accountabilities

TD Securities' (TDS) Governance & Control (G&C) team partners with the TDS businesses globally to oversee the design, implementation, maintenance, and monitoring of effective internal controls to ensure business activities remain within TD Bank's risk appetite and comply with regulatory requirements.The team is responsible for overseeing the timely and consistent implementation – across all TDS businesses – of all risk, control and governance programs, initiatives, policies, and strategic business projects. The TDS G&C team acts as the primary contact for the TDS businesses, working closely with subject matter experts from each TDS business line. The team works together with the business leaders to implement Enterprise and TDS policies, frameworks, methodologies, standards, and practices and are key members of enterprise projects / programs requiring TDS representation.This role is part of Algos, Models & End User Computing (EUCs), Business Managed Tools (BMT) and Non-Models team within TDS G&C.  The team works very closely with business heads across all Global Markets businesses, asset classes, and regions.  The team is also the point of contact for key internal partners including Algo Risk Control, Model Risk, Model Validation, Compliance, Audit, and regional leadership.The purpose of this role is to build and maintain Governance programs for each risk.To identify and build inventories for maintaining all of TD Securities'  algos/model/EUC/BMT/Non-Models.Algo/ Model/ EUCs and BMT Governance Programs – work with TD Securities including eTrading businesses globally while partnering with 2nd Line functions including Algo Risk Control (ARC), Compliance, Operational Risk, Platforms & Technology, Model Risk Management, and Model Validation.  The program covers all Global Markets businesses and asset classes including Foreign Exchange (FX), Fixed Income (FI), Commodities, and Equities.  Main accountabilities include, but are not limited to:Enhance current change management processes to increase speed to market while aligning with risk appetite and regional requirements.Along with the control partners team, establish clear roles and responsibilities for managing Algo/Model/EUC/BMT activities across the Three Lines of Defense.Work with businesses and Risk Management to complete Algo/model/EUCs/BMT identification and risk assessments for TDS.Establish monitoring framework for each governance program and setup a process to regularly review and assess monitoring tools and processes.Work with 2nd Line partners to regularly assess the risks associated in these programs for these trading activities, and to establish a framework to risk assess each algos/model/EUC/BMT/Non-Models.Enhance the Inventory for each area including adding appropriate attributes and designing a solution to maintain the inventory (e.g. Confluence).Evolve procedures for Issues Management including the timely identification, escalation, and remediation of Operational Risk Events, Audit Findings, and regulatory violations.Collaborate with Global Market Supervision, business heads, Vendor Management, and Risk Management to improve transparency and monitoring of Third-Party owned/developed  Algos/model/EUC/BMT/Non-Models.

Shared Responsibilities

Proactively identify and pursue value opportunities for the bank in partnership with 1Bs across TDS including the regions Provide reporting and monitoring to TDS Executives, Risk ManagementPartner with the business and within TDS and enterprise partners in executing and meeting deliverables.

Education & Experience

Direct experience with Algo Trading, Model Governance, End User Computing and Business Managed Technology strategies in a 1st or 2nd line (e.g. Sales & Trading, Governance & Controls, Technology, Compliance, Risk function).Risk management and/or Governance & Controls experience within any of the Three Lines of Defense functions.Strong written and verbal communication skills with the ability to build relationships at multiple levels across both 1st line businesses and enterprise partners including 2nd line teams and audit.Advanced abilities in making decisions using a risk-based approach and articulating the rationale behind those decisions to various audiences.Experience with end-to-end capital markets operations, organizational awareness, familiarity with capital markets supporting functions (e.g. back-office operations, market risk, capital/finance functions, etc.)Experience in reviewing and challenging business teams around testing approach/results, approval procedures, and level of detail on information provided.Working knowledge of capital markets asset classes (e.g. fixed income, FX, equity/FI/FX derivatives, commodities) and regulatory environment.

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet