Td Bank Manager Governance & Controls Models Non-Models Algos 

United States, New York, New York 

478263087

New York, New York, United States of America

$95,000 - $160,000 USD

Job Description

The purpose of this role is to build/enhance the Algo Governance program.

Algo Governance Program – work with Algo/eTrading businesses globally while partnering with 2nd Line functions including Algo Risk Control (ARC), Compliance, Operational Risk, and Model Validation. The program covers all Global Markets businesses and asset classes including Foreign Exchange (FX), Fixed Income (FI), 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 ARC team, establish clear roles and responsibilities for managing Algo Trading activities across the Three Lines of Defense.
• Establish monitoring framework for Algo trading activities and setup a process to regularly review and assess monitoring tools and processes.
• Work with 2nd Line partners to regularly assess the risks associated with Algo trading activities, and to establish a framework to risk assess each Algo.
• Enhance the Algo Inventory including adding appropriate attributes and designing a solution to maintain the inventory (e.g. Confluence).
• Develop procedures for Issues Management including the timeline identification, escalation, and remediation of Operational Risk Events and regulatory violations.
• Collaborate with Global Market Supervision, business heads, Vendor Management, and ARC to improve transparency and monitoring of Third-Party owned/developed Algos.

Job Requirements

• Direct experience with Algo Trading Risk in a 1st or 2nd line function.
• Risk management experience in a 1st or 2nd line function.
• Working knowledge of capital markets asset classes (e.g. fixed income, FX, equity/FI/FX derivatives) and regulatory environment.
• Strong 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.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork, and handling any/all disciplinary actions, as required
• Works autonomously and accountable for acting as a lead within a specialized business management function and may provide work direction to others
• Provides seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members
• Scope of role may have enterprise impact
• Focuses on short to medium-term issues (e.g., 6-12 months)
• Undertakes and completes a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes within own area of expertise
• Oversees and/or independently performs tasks from end to end

Education & Experience:

• Undergraduate degree
• 7+ years relevant experience

Customer Accountabilities:

• Contributes to the strategic direction of the business management function and plays a key role in the development and implementation of strategies in support of the overall business strategy
• Plans, leads, manages, and / or oversees a diverse set of work activities requiring alignment across multiple areas
• Leads / manages the integrated implementation of policies / processes / procedures / changes in across multiple functional areas
• Provides direction and/or input to complex, wide ranging enterprise or cross-function / business projects/initiatives as a subject matter expert and where necessary participates in identifying, designing and testing solutions and supporting the implementation
• Facilitates key discussions and provides thought leadership to executive audience (output is roadmap and/or strategic plan/deliverables/frameworks/short to long term goals etc.)
• Leads partner to management / leadership and respective teams for area of specialization with industry, external and internal, enterprise and business awareness; recognizing and anticipating emerging trends and; identifying issues and opportunities and recommending action to senior management
• Works effectively with multiple teams across a broad spectrum of initiatives and functional domains, influencing and aligning others as needed

Shareholder Accountabilities:

• Adheres to enterprise frameworks and methodologies that relate to business management activities for own area
• Actively manages relationships with corporate and / or control functions and ensures alignment with enterprise and / or regulatory requirements
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
• Assesses / identifies key issues and escalates to appropriate levels and relevant stakeholders where required
• Maintains a culture of risk management and control, supported by effective processes and sound infrastructure an in alignment with risk appetite
• Ensures business operations are in compliance with applicable internal and external requirements (e.g., financial controls, segregation of duties, transaction approvals, and physical control of assets).
• Participates in cross-functional / enterprise initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations
• Leads relevant governance meetings or committees and related deliverables / outcomes
• Leads / facilitates and / or implement action / remediation plans to addressperformance/risk/governanceissues

Employee/Team Accountabilities:

• Provides thought leadership and/or industry knowledge for own area of expertise
• Supports a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensure timely communication of issues/ points of interest
• Identifies and recommends opportunities to enhance productivity, effectiveness, and operational efficiency
• Works effectively as a team, supporting other members of the team in achieving business objectives and providing client services
• Participates in knowledge transfer within the team and business units

awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

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.