Governance & Control Specialist - G&C, Digital Strategy Innovation & Payments

TD Bank; Toronto; On-site; CAD 91,000 - 137,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Governance and Controls Specialist to oversee risk management and compliance across business initiatives. This role requires at least 7 years of experience, a strong background in governance, and the ability to manage multiple stakeholders and processes effectively. The position emphasizes analytical skills and strong communication abilities, ensuring that internal procedures comply with regulatory guidelines. This is an excellent opportunity for a proactive professional motivated to drive change and ensure strategic goals are met.

Qualifications

• 7+ years of experience in risk and control functions.
• Knowledge of governance, risk and control strategies.
• Ability to exercise sound judgement and decision making.
• Strong verbal and written communication skills.

Responsibilities

• Provide guidance on identifying and managing risks.
• Engage technology and cybersecurity specialists.
• Ensure adherence to operational risk and compliance programs.
• Oversee action plans to address performance and governance issues.

Skills

Risk and control functions

Interpersonal skills

Analytical skills

Decision making

Communication skills

Job description

Work Location

Toronto, Ontario, Canada

Hours

37.5

Line of Business

Governance & Control

Pay Details

$91,200 - $136,800 CAD. This role is eligible for a discretionary variable compensation award that considers business and individual performance. The base pay actually offered may vary based upon the candidate's skills and experience, job‑related knowledge, geographic location, and other specific business organizational needs.

Job Description

The Governance and Controls Specialist will be part of the TECE G&C team and will report into the Senior Manager, Digital Strategy, Innovation, External Ecosystems and Payments. The role is responsible for fulfilling the 1B mandate by providing guidance on and participating in the identification, measurement, management, treatment, and reporting of risks, emerging issues, and regulatory changes with respect to Digital Innovation and Payments. The Governance and Controls Specialist will provide information, reporting and support to ensure that operational, compliance, anti‑money laundering risks are appropriately managed. The Governance and Controls Specialist will ensure that internal procedures and applicable regulatory guidelines are adhered to and effective. The role is an individual contributor role, however, may be asked to provide support to more junior levels of the team, as necessary. This role will focus on the management of the 1B relationship for the Payments and Digital Strategy ands Innovation teams with focus on building and integrating digitalized capabilities for consumption throughout the organization.

• Own the risk oversight for assigned change risk assessments (e.g., within product groups/pods), finding the right balance between risk and reward, in conjunction with both internal stakeholders and risk partners
• Continuously demonstrate and maintain a thorough knowledge of Innovation owned capabilities with an emphasis on understanding the interplay between various capabilities and traditional banking product/service needs
• Actively engage technology and cybersecurity specialists and 2nd line partners (i.e., ORM, GAML, Compliance, Legal, Privacy, Fraud) to review identified project risks and planned controls to assess change per change risk governance standards (e.g. TD Scaled Agility, Delivery Execution Framework)
• Knowledge of governance, risk and control procedures, strategies & tactics and provide broad risk knowledge across multiple risk domains (e.g., Compliance, Privacy, AML, ORM, etc.)
• Execute on timely review and quality sign offs and repository management on all artifacts to support implementation activities (Change risk assessments, business change review, RAID log, DAC reviews, risk memos and issue management)
• Understanding of 1B standard accountabilities to support other SCOE 1B functions and other ad hoc assignments.
• Ensure issues/findings are managed effectively throughout the issue management life cycle;
• Oversee or lead the facilitation and implementation of action/remediation plans to address performance, risk and governance issues
• Support the completion of various assessments to ensure adherence to key Operational Risk, Compliance, and AML programs and initiatives, including: risk event and key indicator reporting; process level risk and control assessments and related testing and monitoring activities
• Provide business expertise, understanding and recommendations on business and operational processes
• Demonstrate thought leadership by providing alternatives and recommendations to help inform decision making.
• Manage risk reporting for various risk committees (Support Digital Innovation in maintaining satisfactory Audit, Compliance, AML and Regulatory results

Job Requirements

• General industry and business knowledge and expertise on risk and control functions
• 7+ years of experience
• Knowledge of governance, risk and control procedures, strategies, and tactics
• Knowledge of risk management environment, standards, regulations, and mitigation
• Knowledge of current and emerging trends
• Ability to exercise sound judgement in making decisions
• Proven history of making an impact, developing, and executing on strategies and delivering superior results in a high volume, fast paced environment
• Demonstrated interpersonal and relationship management skills working with all levels of employees and executives
• Analytical and problem‑solving skills and demonstrated ability to work independently and with teams
• Excellent team player with demonstrated relationship management skills and a strong ability to make things happen through the use of positive influence
• Strong verbal and written communication skills
• Highly motivated self‑starter with a passion for challenging the status quo and the ability to stay resilient under pressure; proven ability to take independent action to achieve results
• Demonstrated time management and organizational skills with the ability to prioritize and manage multiple initiatives in order to meet deadlines while ensuring a high quality of work