Work Location

Toronto, Ontario, Canada

Hours

37.5

Line of Business

Risk Management

Pay Details

115,600.00 - 163,200.00 CAD

The Senior Manager, Third Party Risk Management (TPRM), Third Party Lifecycle Oversight, will play a key leadership role, at every stage of the third-party lifecycle, in strengthening second‑line oversight of risk across TD. This role will help lead assurance and challenge functions including the identification, assessment, escalation, and reporting of risk attributed to both pre‑contract and contracted third‑party relationships. The successful candidate will work closely with Legal, Procurement, Business, Risk, Compliance, Technology, and control partners to support consistent monitoring of risk management activities, alignment with TD’s risk appetite, adherence to regulatory expectations and enterprise TPRM Policy and Standards.

Key Accountabilities

- Provide independent oversight and effective challenge of pre‑contract and post‑contract third‑party risk management activities to ensure alignment with enterprise policies, standards, and regulatory expectations.
- Oversee the review and approval of third‑party renewal engagements with changing risk profiles, ensuring appropriate risk assessments and mitigation strategies are applied.
- Manage and continuously enhance the Third‑Party Risk Assessment (TPRA) methodology, including assessment frameworks, risk rating models, procedures, and governance requirements.
- Review and approve contract deviations from established Third‑Party Risk Management standards, providing risk‑based recommendations and escalation where required.




- Review and approve subcontractor control assessments, ensuring risks arising from fourth‑party relationships are appropriately identified, assessed, and managed.
- Provide oversight and challenge of ongoing third‑party monitoring activities, ensuring emerging risks, performance concerns, and control deficiencies are identified and addressed in a timely manner.
- Prepare and present third‑party risk insights, trends, and key risk indicators to senior management and governance committees, facilitating informed risk‑based decision‑making.
- Partner with business, procurement, legal, compliance, operational risk, and other stakeholders to strengthen third‑party risk practices across the enterprise.
- Drive continuous improvement of third‑party lifecycle oversight processes, tools, and controls to enhance risk management effectiveness and regulatory compliance.

Experience & Education

- Undergraduate degree required (business, engineering, technology, mathematics, or economics focused preferred).
- Graduate degree (e.g., MBA, MaSc., etc.) beneficial.
- 10+ years relevant experience, including demonstrated experience in second line of defence function with accountability for oversight of a business / key non‑financial risk domain.
- Strong acumen in third‑party risk (including knowledge of contracts, vendor management, procurement, and associated processes) and third‑party operational resiliency.
- Ability to drive the team’s work portfolio independently, with awareness of when to escalate.
- Strategic and operational awareness.
- Excellent storytelling and presentation skills.
- Demonstrated ability to stakeholder and partner in a matrixed setting.

📌 Senior Manager, Third Party Lifecycle Oversight (5213) (Toronto)
🏢 TD
📍 Toronto