Head of Transaction Banking Programs, Governance and Control, TD Securities (US)

TD Securities Inc.; New York (NY); On-site; USD 200,000 - 280,000; Full time

Job summary

TD Securities Inc. is seeking a senior Governance and Controls leader to establish and execute risk and control strategy across Transaction Banking.

You will oversee design, effectiveness, and challenge of the control environment, affecting investments, remediation, and go-live decisions in a complex, global setting. You will lead a global Business Controls team, work with senior executives and risk partners, and shape the controls program to support transformation and regulatory readiness

Qualifications

• 15+ years of progressive leadership experience in financial services
• Deep knowledge of Transaction Banking including payments and settlement
• Advanced understanding of the Three Lines of Defense model and risk governance
• Experience leading enterprise-wide transformation in a regulated environment
• Strong executive presence and stakeholder management skills

Responsibilities

• Lead and govern risk and control strategy across Transaction Banking
• Provide executive challenge and recommendations on investments, risk, and go-live decisions
• Oversee governance, risk assessment, control design and remediation
• Collaborate with product, operations, technology, and regulatory partners
• Develop management information and risk reporting for senior leadership

Skills

Leadership

Risk management

Regulatory compliance

Executive communication

Influencing skills

Governance & controls

Program delivery

Education

University degree in business/finance or related discipline

Job description

Work Location

New York, New York, United States of America

Hours

40

Line Of Business

TD Securities

Pay Detail

$200,000 - $280,000 USD
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

The role is the senior first-line Governance and Controls leader responsible for establishing and executing the risk and control strategy across Transaction Banking. The role provides an integrated view of material risk, oversees the design and effectiveness of the control environment, and provides effective challenge across business activities, products, operations, technology platforms, and transformation initiatives. The role works closely with senior leaders and risk partners and influences strategic investment, implementation readiness, risk acceptance, remediation, and governance decisions to protect customers, strengthen operational resilience, support regulatory confidence, and enable sustainable business growth.

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
• Covers business scope of Transaction Banking products, services, payment capabilities, client channels, platforms, data services, operational processes, and associated clearing, settlement, and payment market infrastructure obligations
• Accountable for governance, risk assessment, control design and effectiveness, change risk, operational resilience, issue and incident management, remediation, attestations, regulatory readiness, and executive risk reporting
• Shapes the controls strategy supporting the Transaction Banking Value Creation Plan, global transformation agenda, and material change portfolio
• Provides executive-level challenge and recommendations regarding investment, sequencing, implementation readiness, risk acceptance, remediation, and go-live decisions. The role can escalate material concerns and require accountable owners to provide timely action and supporting evidence
• Operates across Product, Operations, Technology, Change Delivery, Compliance, Legal, Audit, Operational Risk, and other first- and second-line functions in a complex, global, matrixed environment
• Leads a global Business Controls team, including workforce planning, performance management, capability development, succession planning, and deployment of resources against priority risks and transformation initiatives
• Regularly advises Transaction Banking executives, the Business Controls leadership team, senior governance committees, and regulatory or assurance stakeholders
• Decisions and provides recommendations can affect client outcomes, business growth, regulatory confidence, operational resilience, risk exposure, transformation delivery, and the sustainability of the Transaction Banking control environment

Education & Experience

• University degree in business, finance, risk management, economics, law, technology, or a related discipline, or equivalent professional experience
• 15+ years of progressive leadership experience in financial services, including significant executive-level accountability in governance, business controls, risk management, regulatory compliance, transformation, operational resilience, or complex program delivery
• Deep knowledge of Transaction Banking, including payments, liquidity, cash management, trade solutions, client channels, processing platforms, data services, clearing and settlement, and payment market infrastructure
• Advanced understanding of the Three Lines of Defense model, with demonstrated experience leading first-line risk ownership, governance, control design and effectiveness, risk and control self-assessments, key risk indicators, risk appetite, issue management, remediation, attestations, operational loss events, and supporting evidence
• Demonstrated ability to establish a first-line governance and controls strategy, define operating models and decision rights, and hold senior stakeholders accountable while maintaining constructive partnerships with specialist functions and independent second-line oversight
• Proven experience sponsoring or leading enterprise-wide, multi-jurisdictional transformation, integration, control-remediation, or change programs within a complex and highly regulated environment
• Strong understanding of the regulatory, operational, technology, cyber, data, conduct, privacy, financial crime, sanctions, and resilience risks relevant to Transaction Banking and wholesale financial services
• Proven ability to assess material risks, provide effective challenge, elevate significant concerns, and influence investment, prioritization, implementation-readiness, risk-acceptance, and go-live decisions
• Exceptional executive presence, judgment, communication, negotiation, and influencing skills, with the ability to translate complex business, payment, technology, and risk matters into clear choices and recommendations for senior executives and governance committees
• Experience developing executive-level management information, risk reporting, key performance and risk indicators, thematic analysis, and program-health assessments
• Strong people‑leadership experience, including building and leading high‑performing teams, setting measurable objectives, managing performance, coaching and developing talent, and supporting succession planning
• Demonstrated ability to operate effectively in a global, matrixed environment, manage competing priorities, lead through ambiguity, and deliver sustainable outcomes across multiple businesses, functions, legal entities, and jurisdictions

Physical Requirements

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

Together, we are reimagining what banking can be for our clients, colleagues and communities.

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 base salary and variable compensation/incentive 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. 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.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [e-mail]. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.