Vice President, Treasury Risk, TD Global Finance Greater Dublin, Ireland Area
About the Company
Nationally acclaimed banking organization
Industry
Banking
Type
Non Profit
Age
employees
10,001+
About the Role
Greater Dublin, Ireland Area (Hybrid)(Dublin, Ireland)
Work Location:
Dublin, Ireland
Hours:
35
Line of Business:
Risk Management
Base Pay Details:
93,200 - 139,800 EUR This role is eligible for a discretionary variable compensation award that considers business and individual performance.
TD is committed to providing fair and competitive total compensation opportunities to all colleagues. Total compensation is inclusive of the base pay details listed above and opportunity for a variable compensation award specific to this role. 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:
Position Summary: (Overview of key purpose and accountability of the role)
Reporting to the Director, Treasury Risk, TDGF, the role holder will drive independent second-line oversight and constructive challenge - with a core focus on Non-Trading Market Risk, as well as providing support to the wider team on Liquidity Risk and Capital Risk.
As an experienced subject-matter specialist, you will deliver risk analysis, monitoring and governance reporting; assess frameworks, methodologies, limits and controls; and provide clear insight to senior stakeholders while supporting team and cross-functional initiatives.
Specific Responsibilities:
Support the Director, Treasury Risk, TDGF in all matters relating to second line oversight and challenge of Treasury Risk for TDGF.
Provide effective second-line oversight and constructive challenge of Treasury risks and related activities, including risk measurement, limit monitoring, stress testing, key assumptions and management actions.
Maintain a culture of risk management and control, supported by effective processes in alignment with TDGF risk appetite.
Apply policies, frameworks and methodologies for Treasury Risk, including for Non-Trading Market Risk, Liquidity Risk and Capital Risk.
Assess whether Treasury Risk frameworks, policies, limits, methodologies, systems and controls remain effective, proportionate and fit for purpose, and recommend or make enhancements where appropriate.
Analyse risk information and validate the accuracy of reporting, including dashboards, before distribution, helping deliver high-quality monitoring and well-supported recommendations.
Develop and maintain knowledge of existing and emerging risks and trends across the business and assess potential impacts on TDGF. Interact with stakeholders to support their understanding of Treasury Risk.
Support the business with analysis and reporting on risk issues and their impact including scenario analysis.
Support established enterprise-wide risk escalation, review, and approval processes with engagement across global teams.
Lead delivery in relation to Non-Trading Market Risk management:
Analyse and monitor IRRBB and CSRBB exposures, including Economic Value of Equity Sensitivity (EVE-S), Net Interest Income Sensitivity (NII-S), stress-testing results, risk appetite and limit utilisation; investigate trends, breaches and proposed management actions.
Review and challenge material IRRBB treatments and assumptions and related IRRBB calculations, including gap, option and basis risk, in line with the scope and seniority of the role.
Prepare concise, insightful analysis and reporting for senior management and governance forums, including ALCO and Risk Committees, covering key exposures, limit utilisation, emerging risks and recommended actions.
Support the independent review and challenge of ICAAP, ILAAP and Recovery Plan, assessing key assumptions, methodologies, stress scenarios, governance and alignment with risk appetite.
Monitor liquidity and funding risk and capital adequacy metrics, stress-testing results and risk appetite limits, escalating material developments and supporting annual risk appetite reviews.
Support regulatory requests, internal and external audits, risk reviews and remediation tracking, ensuring actions are clearly documented and completed in a timely manner.
Identify data quality issues and contribute to problem resolution. Proactively identify opportunities for process efficiencies and develop a comprehensive understanding of the methodologies employed.
Write business requirements and participate as a subject matter expert in cross-functional work streams for small scale projects. Proactively seek to improve existing reporting and processes and explore opportunities for automation.
Actively manage relationships within and across various business lines, corporate and control functions aligning with enterprise.
Skills and Experience:
Ability to provide effective second-line oversight and constructive review and challenge in relation to Treasury and businesses.
Ability to explain risk issues to diverse stakeholders.
Strong knowledge of ECB/SSM supervisory frameworks, Central Bank of Ireland regulation and regulatory requirements for treasury related risks (particularly Non-Trading Market Risk, Liquidity Risk and Capital Risk), EBA and EU financial services legislation.
Relevant professional experience and strong industry knowledge and awareness (including regional practices in wholesale banking).
Strong analytical ability including in relation to risk measurement, limits, stress testing, assumptions and management actions.
In-depth knowledge of Non-Trading Market Risk, including Interest Rate Risk in the Banking Book (IRRBB) and Credit Spread Risk in the Banking Book (CSRBB).
Experience with IRRBB regulatory reporting and related metrics, including Economic Value of Equity Sensitivity (EVE-S) and Net Interest Income Sensitivity (NII-S).
Knowledge of ICAAP, ILAAP and Recovery Plan processes, with the ability to support effective second-line review and challenge and contribute to ongoing enhancement in line with internal and regulatory expectations.
Excellent conceptual and practical knowledge of Treasury Risk, together with an understanding of broader risk and product areas.
Experience leading projects or workstreams within broader initiatives, with accountability for ongoing activities, processes or functional programmes where required.
Ability to work independently within broad policies and guidelines, managing tasks from end to end with limited supervision.
Strong problem-solving skills, with the ability to apply fresh perspectives to existing solutions and methodologies.
Sound judgement and the ability to analyse information from multiple sources.
Strong communication skills, with the ability to explain business context and provide clear guidance to internal and external stakeholders.
Strong analytical and data-management capability, with advanced Excel skills; experience using SQL, Python, or comparable tools is advantageous.
Collaboration / Teamwork:
Support a positive work environment that promotes service to the business, knowledge of the business, quality, innovation, and teamwork. Communicate issues, developments and points of interest clearly and promptly.
Support the broader risk team by continuously enhancing knowledge in own area and participate in knowledge transfer within the team / business. Participate in personal performance management and development activities, including cross training within own team.
Keep management informed and up to date about the status of projects and all relevant or useful information related to day-to-day activities.
Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and guidance as appropriate.
Contribute to a fair, positive, and equitable environment that supports a diverse workforce. Act as a brand ambassador for your business area and the bank, both internally and externally.
Keep others informed about all relevant information, with a view to actively supporting TDGF’s business strategy and goals.
Risk Management Responsibilities:
Responsible for identifying and reporting Operational Risk Events in accordance with policy.
Responsible, along with all colleagues, to contribute in a positive way to TDGF's reputation and the management of Reputational Risk. Every employee is expected and required to follow ethical practices at all times, including compliance with applicable policies, legislation and regulations and support positive interactions with TDGF's stakeholders including clients, industry bodies, industry participants, public bodies, regulators and vendors.
Responsible for good conduct and for contributing to the identification and management of Conduct Risk within their team and function.
Who We Are
TD Securities 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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, 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.
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
If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.
Functions:
- Finance