22 Oct
|
TD Bank Group
|
Toronto
22 Oct
TD Bank Group
Toronto
Work
Location:
Toronto, Ontario, CanadaHours:37.5Line of Business:FinancePay Details:$96,900
- $136,800 CADTD 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 Senior Business Management Specialist within TDS Stress Testing will have the responsibilities of managing stress testing programs for TDS segment, coordination of model management plans, and leading the control and governance functions within the team. The team develops and executes stress testing models to forecast Pre-Provision Net Revenue (PPNR) for the TD Securities (TDS) or the wholesale banking segment, including the Global Markets and Corporate & Investment Banking. The financial models are primarily used for stress testing purposes to support the Bank's capital planning and to meet regulatory requirements. Stress testing model development and usage are governed by TD's standards, policies, and procedures.
Stress testing is a critical component of the Bank's risk management practices, which informs and enhances its ability to manage stress conditions and assess its capital adequacy level.
It evidences TD’s ability to withstand significant market stress by continuing to provide banking services to customers. TDS participate in Enterprise-wise Stress Testing (EWST), Dodd-Frank Act Stress Tests (DFAST), Macro Stress Testing (MST) and other enterprise or region-specific programs.
This role is critical to the achievement of Target State for TDS stress testing. The successful candidate should have experience in management large stakeholders and multiple assignments concurrently, proficient in using Jira, Confluence and MS Project, and have robust background in control and governance principles and practices in a financial institution. You will be working with a variety of partners and stakeholders across the Bank, including the line of business (LOB), finance, risk, TD Economics and governance.
Primary Accountabilities:Program managerUpdate and maintain program playbooksCoordinate stakeholder groups and manage the timeline of in-cycle deliverables across wholesale stakeholders, including whitepaperProvide ongoing updates to the program's central teams dailyPrepare and distribute weekly program dashboard to WSTGCGovernance specialistSecretary of sub-committee or council – update and maintain mandate and membershipResponsible for scheduling of meetings, recording of minutes and the coordination of meeting materialsStats:
~30 review meetings in DFAST across LOB and TDSST; ~15 review meetings in EWST and MST across working group and WSTGCBusiness coordinator for model managementSTUMPP (stress testing unified MMP) management and coordination, including weekly updatesSupport Model Sponsor attestation quarterlyUpdate and coordinate model deficiency report monthlySupport the team with training of MRM policy / framework, use of Open PageCoordinate review by MV / MRMManage model development related timelineQualifications / Skills /
Experience:
Proven experience in large stakeholder coordinationUnderstanding of 3 Lines of Defense model and ability to navigate the evolving structure of a financial institutionMust be proficient with Jira, Confluence and MS ProjectAbility to manage a team's timeline, milestones and exercise judgment to escalate issuesAbility to motivate and engage stakeholdersExperience with and appreciation of an institution's process around control and governance, including its structure, roles and responsibilities.
Experience in supporting wholesale businesses and knowledge of wholesale products and processes an assetKnowledge of wholesale stress testing processes an asset.10+ years of relevant experienceWho We Are:TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. To
📌 Treasury Stress Testing Manager (Toronto)
🏢 TD Bank Group
📍 Toronto