Overview
AVP Third Party Risk Management Jobs in Toronto, Canada at TD
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Risk Management
Pay Details:
$155,000 – $215,000 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 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 AVP will lead the Third Party Risk Management (TPRM) function and is accountable for the independent oversight of TPRM.
Responsibilities include:
Risk Framework and Policy – Develop, maintain, and communicate the TPRM risk policies and associated standards
TPRM Program – Lead the design, implementation, and continuous strengthening of the Enterprise TPRM program, establishing enterprise‑level governance, policies, standards, and practices that enhance TD’s ability to effectively engage with third parties in support of its strategic objectives while managing the resultant risks
Ongoing Monitoring – Maintain ongoing monitoring standards and scorecard methodology, challenge business monitoring results
Regulatory Change Management – Monitor and communicate new and amended third party related regulations
Risk Assessment Methodology – Maintain third party risk assessment methodology; monitor overrides, exceptions, and issues; assess reasonability and accuracy of risk ratings; recommend for approval pre‑classified low, critical, special category ratings
Oversight, Review, & Challenge – Lead oversight, review, and challenge of TD’s management of third party related top and emerging risks, the efficacy of key controls, regulatory compliance
Policy Adherence/Monitoring – Provide independent assessment to verify businesses are following TPRM policy requirements
Risk Appetite – Establish, maintain, monitor, and report TPRM Risk Appetite related statements, measures, and metrics
Risk Measurement/Indicators – Develop, monitor and report third party risk indicators (includes reporting and monitoring at enterprise and business level, concentration risk, senior executive, and Board reports)
Risk Oversight Forums – Lead the Third Party Risk Oversight Committee, ensuring top and emerging risks and potential control gaps are identified and flow into TD’s Operational Risk Oversight Committee
Training – Oversee design, development and delivery of training related to the management of third party driven risks
Regulatory Engagement – Communication with the Regulators on all TPRM matters;
Manage TPRM Program to meet all regulatory expectations while maintaining positive working relationships with regulators
Provide people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all performance issues as required.
Skills and Qualifications
Degree in Business, Finance, Risk Management, Information Systems, Engineering, or a related field; advanced (masters) degree is beneficial
10+ years of progressive experience across Operational Risk, Third Party Risk, and/or Enterprise Risk within a large financial institution
Proven experience building, scaling, or transforming enterprise‑wide Third‑Party Risk Management Program
Deep knowledge of third‑party lifecycle management
Strong understanding of regulatory and control frameworks
Executive presence with a proven ability to influence senior leadership and Board‑level stakeholders through clear advice, effective challenge, and sound judgment
Strong relationship builder with demonstrated capability to partner with the first line of defense, providing credible challenge and constructive pushback where required
Proven leader in highly matrixed, fast‑paced…
Title: AVP Third Party Risk Management
Company: TD
Location: Toronto, Canada
Category:
