Country Compliance Operational Risk Executive Chief Officer Cco jobs at Bank Of America in Canada, Toronto

Job Description

The Country Compliance and Operational Risk (C&OR) Manager is responsible for ensuring the identification, escalation and timely mitigation of compliance and operational risks in the country in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively “the Policies”) and the Compliance and Operational Risk Management (“CORM”) Program and Standard Operating Procedures (SOPs).

The Country C&OR Manager assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The Country C&OR Manager assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.

This role is responsible for GCOR coverage of the Global Markets business in Canada. The knowledge and expertise to provide second line oversight is crucial to ensuring the firm meets local regulatory requires relating to monitoring and testing and other oversight requirements. Further, this role is responsible for escalations internally from EIT as well as from regulators and for interpreting the application of local laws, rules and regulations and for conducting annual and target risk assessments. Coveraging is for multiple business lines and functions, including but not limited to equity, fixed income and derivatives sales and trading.

Responsibilities

• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines

• Assists with the oversight of FLU/CF training which may include content development and/or tracking and communication of completion rates

• Assists with the development and maintenance of C&OR-owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable

• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements

• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements

• Assists in remediating C&OR “owned” issues and control enhancements

• Contributes to or leads development of risk coverage plans, executes and / or oversees execution of monitoring, testing and risk assessments, communicates results

• Reviews and challenges the regional contributions to Reviews and challenges the FLU/CF process, risk and control inventory and FLU/CF Risk & Control Self-Assessment (RCSA)

• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls

• Supports Scenario Analysis activities for coverage areas and challenges as appropriate

Qualifications

• University degree or equivalent

• Minimum of 5 years’ experience in securities in a financial institution

• Must have compliance experience in futures and fixed income trading

• Compliance experience in equities trading would be an asset

• French language skills would be an asset

• Project management experience

Job Description:

We are seeking a highly motivated compliance professional to join our global Compliance Strategy and Operations team. In this role you will be responsible for designing, scaling, building, implementing, and maintaining an adaptive and mature Risk Compliance Management program. You will empower first-line risk owners and compliance oversight functions to build and maintain mature compliance programs. You will be responsible for identifying potential compliance risks and working with relevant teams to develop mitigation strategies. Must have a strong background in drafting compliance frameworks, policies, standards, and procedures as you will play a critical role in creating a well-documented scalable, sustainable, and repeatable global compliance framework. You will oversee and manage the global compliance governance document inventory. In this role you will also lead the development and execution of the strategic annual compliance plan. Must be able to work well in a team dynamic to ensure the seamless execution of complex, high-impact projects. Must have strong communication, organization, and leadership skills and the ability to work in a fast-paced environment. Demonstrated experience in risk management, risk compliance self-assessment, program effectiveness assessment, and control design effectiveness assessment also desired.

:

• Support the global Compliance Program in defining and achieving departmental objectives:
  • Design operational risk management plans and the annual compliance strategic plan
  • Develop document retention solutions
  • Create and maintain inventories, libraries, and archival systems
  • Improve and scale compliance management routines, workflows, and processes to simplify, streamline and create efficiencies
  • Liaise with risk, compliance, ERM/ORM, legal, and audit partners as required
  • Drive and support the implementation of enterprise-wide transformation projects
  • Perform staffing skills assessments and determine departmental resource gaps
  • Develop and maintain a Roles and Responsibilities matrix
• Take ownership of Compliance Governance Documentation
  • Reviewing, editing, drafting, and maintaining relevant policies and procedures
  • Ensure governance documents align with regulatory expectations, internal standards, industry best practices, and enterprise risk appetite
  • Lead the development of a structured approach to policy management to ensure clarity and consistency
  • Take owner ship of the policy on policy, by designing a policy development framework, approval process, implementation and communication strategy, enforcement and monitoring, review and update management routines, style guide, templates
  • Manage the global Compliance Online Document Inventory, manage the upload process, perform health checks, and provide data driven reports monthly
  • Drafting Procedures that define clear accountability, ownership, roles, and responsibilities and include processes that are sustainable, scalable, and repeatable
  • Leverage the results and output from Risk Control Self-Assessments and Program Effectiveness Assessments to facilitate update process of impacted governance documents
  • Ensure the updating of relevant governance documentation adequately reflects evolving legal, regulatory, and industry best practices
• Lead and draft responses to inquiries from regulators and respond to internal audit findings
• Develop and use metrics (KRIs/KPIs) to oversee and measure first-line performance and the consistent implementation of compliance standards, must have a deep understanding of Risk Control Self-Assessment, Control Effectiveness Assessment, Program Effectiveness Assessment methodologies and GRC tools
• Strong Project management skills to ensure timelines and deadlines are met
• Independently handle projects, work without direct oversight or intervention, manage competing priorities, and communicate effectively with internal audiences,
• The ability to work in a team environment
• Performs other duties and responsibilities as assigned

Education & Experience

• J.D. from an accredited law school
• Minimum 7+ years of experience in governance, or risk management within the financial services or FinTech industry
• Prior experience drafting responses and preparing evidence packages for regulators and internal audit
• Excellent verbal and writing skills with a demonstrated history of independently writing quality policies, and procedures
• Strong understanding of regulatory frameworks, risk management best practices, or mature Compliance Management Systems
• Advance proficiency with GRC platforms (preferably ServiceNow and Archer)
• Consistently delivers high-quality and timely work with strict attention to detail and a strong sense of ownership and accountability
• Intellectually curious, provides insightful solutions as well as information
• Learns and adapts easily, flexible, and comfortable with ambiguity
• Professional demeanor, excellent interpersonal skills, capable of working with all levels of internal and external staff including regulators, and collaborating across large organizations
• Prior project management experience
• Ability to work in a diverse and inclusive workspace
• Ability to work in a team dynamic and be a team player
• Proficient in Word, Excel, PowerPoint, Outlook, Teams, and Microsoft Office Suite

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.

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.

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

CUSTOMER

• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Conduct analysis of daily risk position and ensure accuracy of reporting before distribution and provide high quality recommendations
• Develop and operationalize standards, policies and processes to identify, report and mitigate overall risk exposures within the business;
• Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas;
• Support business with analysis and reporting on risk issues and their impact which may include scenario analysis;
• Support established enterprise-wide risk escalation, review and approval processes, policies and risk assessment processes;
• Provide analytical support in the identification and assessment of risks and make recommendations to better manage TD's Risk appetite – understand risk appetite, perform statistical analysis related to the research and development of consistent risk measurement
• Continuously review and identify risk trends and exposures
• Interact with stakeholders to support their understanding of risk
• Scope of area supported can range from key business segments of the Bank to an assigned region/area within and requires a broad business and/or enterprise-widefocus

SHAREHOLDER

• Develop and maintain knowledge of existing and emerging risks across the business
• Adhere to enterprise policies and frameworks or methodologies that relate to activities for our business area
• Conduct reporting and analysis at the functional or enterprise level using results to draw conclusions, make recommendations, on programs/ policies/ practices
• Identify data quality issues and contribute to problem resolution
• Proactively identify opportunities for process efficiencies
• Write business requirements and participate as a subject matter expert incross-functional/enterprisework streams for small scale projects / initiatives
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise

EMPLOYEE / TEAM

• Motivate and develop relationships with internal and external business partners / stakeholders
• Support a positive work environment that promotes service to the business, knowledge of the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Keep others informed about all relevant information, with a view to actively supporting TDBFG’s and business strategy and goals;
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

BREADTH & DEPTH

• Experienced working professional role providing specialized business services, advisory or processes / program support within their own area of specialty
• Requires experienced, conceptual and practical knowledge within their own specialty and knowledge of broader related areas
• Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
• Leads projects or work streams within broader projects with moderate risk and may be accountable for managing ongoing activities, processes and functional programs
• Works within broad guidelines / policies and independently performs tasks from end to end
• Solves moderately complex problems by taking a new perspective on existing solutions
• Exercises judgment based on the analysis of multiple sources of information
• Conveys business context when providing guidance within field of specialty to internal or external stakeholders
• Work performed under minimal management guidance and supervision
• Identify and lead problem resolution
• Generally reports to a Senior / Manager role

EXPERIENCE & EDUCATION

• Undergraduate degree or technical certificate and/or
• 3+ years relevant experience

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.

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.

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

Department Overview

The Talent Center of Expertise is the global function within the Corporate HR, responsible for enterprise talent strategy, including Talent Management, Talent Acquisition, Learning and Development, Organization Effectiveness and Employee Experience. The AVP, Executive Talent Acquisition sits within Talent Acquisition, with an enterprise-wide scope.

Job Requirements

Reporting to the VP, Talent Acquisition, the AVP, Executive Talent Acquisition is an integral member of the Talent Acquisition Leadership team as well as the broader HR function and is specifically accountable for leading HR's approach to executive talent acquisition. Responsibilities include but are not limited to the following:

• Provide strategic direction and seamless execution of the organization's global executive talent acquisition and experience.
• Deliver an enterprise-wide, cohesive and efficient executive talent acquisition strategy of excellence that meets the unique needs of a diverse portfolio of lines of business across the organization.
• Continually assess and calibrate the organizational structure to ensure the team is staffed appropriately to deliver timely and high-quality service based on individual line of business demand, strategic staffing and mapping initiatives.
• In close partnership with HR Business Partners, identify critical talent gaps and develop and execute talent acquisition strategies for attracting top talent across the enterprise, as well as within each line of business, champion the building of talent pipelines for critical functional areas and diverse talent pools.
• Lead and performance manage the Executive Talent Acquisition team to ensure collaboration with the HR Business Partners to achieve hiring objectives.
• Continually evaluate, build, develop and coach the executive talent acquisition professionals fostering a culture of collaboration and continuous learning.
• Build and nurture strong, credible relationships with HR Business Partners, Business Leaders and other critical stakeholders across the organization; act as a trusted advisor and domain expert.
• Lead the design, implementation and ongoing evolvement of Lines of Business Early and Executive talent acquisition plans in alignment with their people strategies, ensuring the right talent pipeline to drive value for the organization
• Amplify TD's employer brand and colleague promise to position TD as the destination of choice for top early and executive talent

Qualifications

• Exceptional strategic skills to translate business requirements into effective strategies and execution plans
• Be known for providing creative thought leadership while listening and engaging others to provide input in shaping a strategy
• Ability to develop and deploy a vision and work in and across teams to impact/influence others to align to that vision
• Excellent business acumen and analytical capabilities – ability to consolidate information into clear, concise analysis in support of business decisions
• Very comfortable navigating ambiguity, with outcomes that create value for a variety of stakeholders.
• Strong people leader with demonstrated experience in identifying, motivating and retaining a highly diverse, qualified and engaged team to fulfill current and future business needs
• Well-developed business partner skills; able to establish credibility and rapport with business leaders and HR partners
• Demonstrated ability to thrive and work collaboratively in a geographically matrixed environment
• Familiarity with the talent acquisition practice, agile delivery methodology and working in agile teams is beneficial
• Strong communicator, with excellent oral, written and presentation skills

Specific Education/Experience Requirements:

• Bachelor's Degree required; Post Graduate degree in Business Administration, HR or a related discipline would be an asset.
• 10+ years of experience in HR, Business, and/or Management Consulting with significant exposure to strategy development and implementation and business transformation initiatives preferably within the Financial Industry

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.

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.

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

Job Description

The main focus of the role will be the facilitation of enterprise-wide oversight and governance of the global regulatory change process, ensuring that monitoring of changes is being performed in alignment to the RCM Regulatory Change Standard. To that end, the incumbent will work with Oversight Functions (designated Regulatory Change Leads accountable for areas of laws, rules, and regulations (LRRs) and Risk Owners (own and operate controls to mitigate LRR risk) across TD.

This is an exciting opportunity for individuals with expertise in the field of governance, risk, and controls. Specific accountabilities include the following:

• Perform a leadership role in the ongoing execution of the Regulatory Change Management process

• Act as a subject matter expert and provide objective guidance, review, and support regulatory change activities

• Establish strong relationships with Regulatory Change Leads acting as a primary contact for the regulatory change

• Perform reviews of large data sets and leverage business intelligence tools to drive analysis and insight, monitor, and report on compliance with the RCM Regulatory Change Standard

• Facilitate the onboarding to the Central Regulatory Change Tracker and other applications used for regulatory change identification, assessment, and implementation activities

• Establish strong working relationship with TD Technology team and third-party data provider vendor to collaborate on activities for regulatory change data feeds

• Facilitate enterprise-wide oversight and governance and support the global regulatory library process, ensuring that all Law, Rules and Regulation is complete

• Identify and propose improvements to the process, opportunities to automate and streamline, and participate in improvements implementation

• Support testing engagements from Internal Audit, Compliance Quality Assurance, and others

Department Overview

As part of the Global Regulatory Change Governance (GRCG), the team provides day-to-day support for consistent risk-based management of regulatory change. As a second line of defense, GRCG Team is responsible for the oversight and governance of the regulatory change process for effectively identifying, assessing, communicating, managing, and mitigating regulatory compliance risk and maintaining knowledge of applicable regulatory requirements. The GRCG team documents and executes activities for the ongoing central governance of, oversight of, and training provided to support consistent regulatory change management activities across TD. The role of GRCG Compliance Business Oversight Manger is to:

• Provide oversight of regulatory change activities to drive consistency.

• Develop and communicate enterprise governance and control requirements and expectations.

• Oversee and report issues associated with the regulatory change process.

• Develop and deliver specialized/ad hoc training and reporting, as required.

Job Requirements

• Good understanding of Compliance processes and regulatory environment, including monitoring and Oversight Functions with RCM accountability

• Knowledge of relevant legislation, regulations, and industry standards, as it applies to Banking, Securities, Insurance, Prudential, Finance, HR, etc.

• Experience with coordination of processes involving multiple groups and stakeholders, ensuring that activities are completed timely and efficiently

• Experience analyzing large data sets and leveraging business intelligence tools to drive analysis and insights

• Experience with implementation of process improvements – understanding of technology implementation lifecycle, ability to articulate business requirement for Technology

• Strong analytical and problem-solving skills with strong attending to detail to drive problem framing and solutioning

• Able to breakdown and describe technical concepts in business terms and frame questions in the correct context for the audience

• Ability to work independently, think critically and make decisions

• Ability to manage high volumes of work in a fast-paced environment and manage multiple priorities

• Highly organized and flexible in prioritizing various work demands

• Able to work collaborative and as part of a team

• Ability to influence people and deal with conflicting points of view

• Ability to deal with all levels of staff within the enterprise

• Strong verbal and written communication skills

• Well-developed organizational awareness and business acumen

• Strong relationship management skills

• Able to accept and manage conflicting points of view and work collaboratively

• Ability to think "out of the box" to effect creative and responsive solutions

• Professional experience in a governance related field (e.g. Compliance, Risk Management, AML, Legal, Audit)

Additional Information

• Undergraduate degree

• Relevant professional designations and/or certifications as required

• 7+ years relevant experience

• Technical background

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.

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.

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

Job Description:

Department Overview:

ENTMR's mandate includes:

• Setting the Bank's NTMR risk appetite working with the first line of defense, and developing & maintaining risk frameworks where limits are respected and consistent with the Bank's risk appetite
• Challenge functional specifications and implementation choices to ensure that Treasury risk systems are designed to provide comprehensive, flexible, and transparent analysis and reporting features
• Providing independent oversight over risk measures, which includes independent review, challenge, and approval of scenario designs, measurement input (e.g., assumption, methodologies…) and review of results
• Setting the second line of defense governance structure, including the decision-making model and the roles & responsibilities of all ENTMR stakeholders

Job Description:

The role requires an individual with experience and/or knowledge of treasury and risk management functions at a financial institution and would benefit from experience with QRM (quantitative risk management software).

The accountabilities of the Risk Manager role include, but are not limited to:

• Providing effective challenge and risk management insights related to key interest rate risk measures, such as Economic Value of Equity and Net Interest Income Sensitivities.
• Provide strategic advice on interest rate risk methodologies, scenarios, systems, and reporting, to future-proof NTMR's analytical tools and capabilities
• Providing in-depth technical leadership and expertise in the oversight of non-trading market risk across the Enterprise
• Oversight of the QRM platform, and ownership of the second line of defense strategy for the software's use
• Building a maintaining strong relationship with key Business Partners
• Providing oversight and thought leadership to reporting and governance controls including implementation and change controls of measurement input through expertise and highly specialized knowledge of analytical concepts and techniques.
• Understanding the requirements of Interest Rate Risk in the Banking Book (IRRBB) standards and their implication to the Bank
• Proactively build awareness of key risk issues by educating business leaders and providing training to the team

Job Requirements:

• Advanced verbal and written communication skills, inclusive of the ability to communicate effectively for senior executive consumption.
• Strong knowledge of Risk Management concepts and the role of an independent second line oversight function
• Knowledge of Treasury functions and capital markets
• Experience in the following areas is an asset but not required: process and system implementation, change controls, and QRM knowledge
• The ability to inspire a positive work environment and champion quality, innovation, and teamwork.
• Commitment to on-going learning
• Ability to find creative solutions to complex problems

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.

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.

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

Job Description:

Key Responsibilities:

• Coordinate and draft content for the annual refresh of the compliance sections for the enterprise risk taxonomy and compliance risk frameworks, and off-cycle updates as required.
• Lead compliance risk taxonomy updates with compliance leadership, and incorporate industry insights and compliance risk knowledge into risk taxonomy definitions.
• Drive the annual refresh and calibration of the risk appetite statement measures and scorecards for compliance-owned measures.
• Review monthly enterprise risk dashboards and incorporate content from enterprise compliance programs and individual compliance units.
• Draft top and emerging risks for compliance on a quarterly basis, incorporating information from the regulatory change program and other board and management reporting.
• Maintain consistency and connectivity between all compliance reporting for enterprise risk management.
• Create and execute an annual workback plan for enterprise risk reporting and draft job aids.
• Coordinate across multiple compliance and risk stakeholders and effectively challenge the quality of compliance and risk data insights as required.
• Make sure latest regulatory expectations and supervisory feedback are incorporated into reporting documentation and routines.

Preferred Skills:

- Minimum of 10 years of experience in Compliance, Risk Management, Audit, or a related compliance role.

- Strong executive writing skills for senior audiences focused on messaging, clarity, and precision. - - Proficiency in Microsoft Office Suite - especially Microsoft PowerPoint, Excel, Word, and Visio.

- Strong stakeholder management skills across different Compliance groups to drive high-quality and accurate reporting insights.

- Strong analytical and communication skills with the ability to escalate and articulate risks to senior leadership.

- Exceptional attention to detail, organizational skills, and critical thinking skills.

- Familiarity with data visualization tools including PowerBI and Tableau a plus.

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.

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.

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