Senior Manager, Third-Party Risk, Compliance Program Management (CPM) (3612)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Compliance

Pay Details:
$108,800 - $163,200 CAD

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:

About the Role

TD Bank is seeking a Third-Party Risk Management (TPRM) Compliance Program Senior Manager to support the CPM function and overall Regulatory Compliance Management (RCM) Program and Framework. The Senior Manager will report directly to the AVP of Global Compliance Program Management. This role will develop and own the RCM TPRM Standard which covers the methodology for addressing how Compliance assesses third parties for meeting key TPRM lifecycle requirements (e.g., due diligence, risk assessing, ongoing monitoring, etc.). While the Operational Risk team owns the TPRM program, This role will develop processes for identifying compliance risks associated with key vendors being appropriately identified, assessed, and mitigated as part of the broader TPRM Program and RCM Framework.

Key Responsibilities

Compliance Oversight of Third-Party Risk Management:

• Ensure the identification, assessment, and monitoring of compliance risks associated with key vendors.
• Collaborate with Operational Risk and Compliance Units/Risk Owners to ensure compliance risks are integrated into the third-party risk management process, including risk assessments, due diligence, contract reviews, and ongoing monitoring.
• Serve as a key liaison between Compliance and the Enterprise TPRM Program, ensuring that compliance risks are appropriately escalated and addressed in vendor oversight activities.
• Review and provide feedback on the Third-Party Risk Management Standard to align with regulatory expectations and Compliance's roles and responsibilities.

Regulatory Compliance Management Assessment (RCMA) & Due Diligence Support:

• Ensure that compliance risks associated with vendors are appropriately assessed as part of the RCMA
• Support the Compliance team in conducting enhanced due diligence (EDD) reviews for vendors with elevated compliance risk.
• Partner with Risk and Compliance teams to incorporate and assess third party risk compliance risk as part of the RCMA .

Monitoring, Testing, and Issue Management:

• Monitor vendor-related compliance issues, control gaps, and emerging risks through issue tracking and resolution.
• Coordinate with the M&T team to drive the development and execution of monitoring and testing plans to ensure vendors meet compliance requirements.
• Review compliance-related vendor performance metrics, SLAs, and remediation plans to ensure appropriate risk mitigation.

Governance, Reporting, and Stakeholder Engagement:

• Coordinate with the reporting team to develop and deliver regular reporting to senior management on key third-party compliance risks, trends, and remediation efforts.
• Participate in relevant governance committees, risk forums, and third-party oversight meetings to represent CPG's perspective on third-party risk.
• Ensure regulatory changes impacting third-party compliance risk are identified, assessed, and integrated into TPRM processes.

Qualifications

• 10 years of experience in Compliance, Risk Management, or Third-Party Risk Management within financial services.
• Strong understanding of regulatory expectations related to third-party risk management (e.g., OSFI, OCC, FFIEC, CFPB, Fed, FINRA)
• Experience in compliance risk assessments, due diligence, issue management, and regulatory compliance oversight related to vendors
• Ability to effectively partner with cross-functional teams, including Operational Risk, TPRM, and Business Owners
• Strong analytical and communication skills with the ability to escalate and articulate risks to senior leadership
• Experience managing or mentoring a team is preferred.

Who 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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

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