Director, Governance & Control — Transaction Banking Transformation

Work Location:

New York, New York, United States of America

Hours:

40 Line of Business:
Governance & Control Pay Detail: $170,000 - $225,000 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  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.

Preferred Qualifications:

DEPARTMENT OVERVIEW The TD Securities Business Controls team is a first line of defense function responsible for providing risk and compliance advice, oversight, and effective challenge. The team helps business partners identify, assess, manage, monitor, and evidence risks across day-to-day activities, operations, products, services, payment capabilities, and change initiatives, while operating within risk appetite and meeting regulatory, policy, standard, and payment market infrastructure requirements.

Team members require strong first line governance and controls expertise, sound business judgment, and sufficient knowledge of transaction banking to assess whether the business is meeting internal and external expectations.

Reporting to the Managing Director, Business Controls, the Director supports the Transaction Banking Value Creation Plan (VCP) transformation and global Change Governance and serves as a trusted first line risk advisor to Transaction Banking stakeholders across TD Securities. The role provides coordinated risk guidance and challenge across payment products, rails, processing flows, platforms, operations, technology, clearing and settlement, and related payment market infrastructure obligations.

The Director acts as a central Governance and Controls relationship lead, connecting the business with specialist first line teams and second line risk partners. The role supports timely delivery of change by identifying the appropriate risk pathway, clarifying control and evidence expectations, escalating emerging risks, and ensuring decisions are transparent and well supported. The position will be embedded with business and product leaders, Operations, Technology, Change Delivery teams, Compliance, Legal, Audit, Operational Risk, and other risk and control partners.

Success requires strategic thinking, strong relationship management, practical risk judgment, and the ability to improve governance processes, controls, reporting, and tools.

• Serve as a senior trusted first line risk advisor to Transaction Banking leaders, providing practical governance, risk, and control guidance aligned with business strategy and risk appetite.
• Provide an integrated view of risk across payment products, rails, platforms, processing flows, operations, technology, clearing and settlement, and payment market infrastructure dependencies.
• Lead first line governance and effective challenge for payment-related change, including New Business and Product Approval, Change Risk Assessments, implementation readiness, post-implementation validation, transition to business-as-usual control ownership, and key delivery decisions.
• Coordinate engagement across the business, Product, Operations, Technology, Change Delivery, Compliance, Legal, Audit, Operational Risk, specialist first line teams, and second line partners based on risk and materiality.
• Provide oversight and challenge of payment processes, controls, risk assessments, evidence, and reporting.
• Support first line risk owners in interpreting, implementing, monitoring, and evidencing governance requirements.
• Review and challenge the completeness and adequacy of business assessments, control evidence, attestations, remediation plans, risk acceptances, and regulatory or industry-driven change initiatives.
• Monitor emerging risks, incidents, control gaps, issues, and remediation activities, escalating material concerns and systemic themes to business leadership and governance forums.
• Maintain awareness of relevant regulatory, policy, industry, payment rail, and payment market infrastructure requirements and…