Senior Manager, Actuarial

The Toronto-Dominion Bank (Canada); Montreal; On-site; CAD 100,000 - 140,000; Full time

Job summary

A leading financial institution is seeking an experienced leader to oversee actuarial functions and manage compliance programs. The candidate must possess strong leadership and communication skills, with a focus on regulatory compliance and team development. This role emphasizes strategic alignment with business objectives and the management of high-risk initiatives. A designation of FCAS or FCIA is required, with a minimum of 10 years of experience in relevant fields.

Benefits

Comprehensive health and well-being benefits

Paid time off

Career development opportunities

Qualifications

• Minimum of 10+ years of related experience, including 3 to 5 years of people management experience.
• Ability to communicate complex actuarial concepts clearly.
• Experience in managing compliance programs.

Responsibilities

• Lead overall team performance and support business needs.
• Oversee resources and fulfill departmental responsibilities.
• Develop and implement compliance programs.

Skills

Leadership

Actuarial analysis

Regulatory compliance

Communication

Team management

Education

FCAS or FCIA designation

Job description

Overview

Description

CUSTOMER

• Lead the overall team and ensure knowledge and capabilities are effectively managed to support medium to longer term business needs
• Lead the communication, interpretation, application, and implementation of results for actuarial analysis
• Direct, plan and oversee resources within allocated actuarial function(s) to fulfil departmental responsibilities
• Provide leadership and professional development to Actuarial staff to ensure a knowledgeable and highly motivated team
• Communicate complex actuarial concepts in clear, easy to understand terminology to promote impacts / ramifications to senior leadership and risk management
• Determine and decide policy and / or action based on internal and external industry developments for Compliance Programs
• Contribute to the development and implementation of Compliance programs related to model compliance risk management
• Work with executive team, senior business unit management / partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory compliance requirements
• Ensure team collaboration with partners on business problems / issues and provide fact-based analytical advice that aligns to strategy and addresses business regulatory requirements and issues
• Engage with business partners and business leaders to determine and implement Compliance strategies and directs the compliance culture
• Provide insight, guidance, and recommendation on Compliance subject matter, regulatory and industry issues and acts as a specialized resource to other departments based on subject matter expertise
• Provide explanation and / or resolution for business / Compliance management-based findings
• Manage high risk initiatives and escalations; lead initiatives / guidance as appropriate
• Manage day to day operations of the department and participate in enterprise wide projects
• Advise on day-to-day Compliance matters affecting the business including, but not limited to, customer identification and due diligence, enhanced due diligence, training and compliance testing
• Deliver relevant subject matter expertise and Compliance advice to business management

SHAREHOLDER

• Work closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverage TD’s operating model to maximize efficiency, effectiveness and scale
• Challenge business appropriately ensuring best interest of the organization is considered
• Actively assist in developing and overseeing implementation of business line policies and Compliance procedures, policies, and standards
• Work closely with leaders to develop and operationalize the business plan and deliver on Compliance programs across the enterprise
• Plan and execute on strategic activities, review and communicate results, and adjust priorities accordingly
• Proactively identify key business opportunities, research and recommend enhancements / modifications, develop strategies to achieve recommendations and work closely with team to execute and implement
• Understand TDBG issues / parameters and guide others to protect the reputation and interest of TD by adhering to operating standards and processes related to Compliance
• Coordinate and support team and business Compliance related activities as necessary
• Partner with the governance & assurance function to develop various training and awareness programs
• Provide oversight on enterprise wide annual risk assessment process as required
• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Oversee that employees are building and enhancing their knowledge and expertise; and employees assume responsibility in minimizing operational and regulatory risk by complying with Bank policy and Code of Conduct

EMPLOYEE / TEAM

• Responsible for management of the overall team providing leadership, and guidance for own area of specialization
• Grow team expertise to align with business / enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
• Lead a high performing team; provide on-going feedback and performance reviews, coach and develop employees and ensure performance management activities are undertaken and completed for all employees
• Manage employees in compliance with all human resources policies, procedures and guidelines of conduct
• Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams
• Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes
• Build for the future by recruiting all hires to ensure a highly diverse, skilled and qualified professionals to achieve business objectives
• Act as a brand ambassador for your business area / function and the bank, both internally and / or externally

BREADTH & DEPTH

• Oversee and lead a highly complex and diverse reporting function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project / initiative success and achieve business results
• Provides coaching, mentorship and guidance to the team within domain area of expertise
• Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices
• Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
• Focus on longer-range planning for functional area
• Generally reports to executive management

EXPERIENCE & EDUCATION

• FCAS and / or FCIA required
• 10+ years of related experience, including 3 to 5 years people management experience.

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.

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.

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) :

Maîtrise d’une langue autre que le français pour offrir du soutien ou traiter avec les clients qui ont besoin de services et de soutien dans une langue autre que le français.