Credit Risk Manager, ESG Credit Risk Management

Overview

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.

Environment, Social & Governance Credit Risk Management (ESG-CRM) under Non-Financial Risk Management (NFRM) is responsible for the identification, assessment, remediation and reporting of climate risk within TDBG’s credit portfolio. The group is accountable for ensuring that the risks associated with climate change are incorporated into the broader assessment of how TD’s credit products and exposures fit within TD’s Risk Appetite. ESG-CRM provides strategic guidance, advice and independent challenge to support TD in achieving its climate objectives in the broader context of meeting its strategic objectives.

Specific Skills

Strategic thinking: convergent and divergent thinking; think outside the box; ability to connect the dots
Analytical skills: ability to analyze data/ information, to effectively challenge, and to make proper recommendation
Strong communication skills: clear articulation of the risks identified; facilitate effective discussion on complex issues
Relationship management skills: know how to work with both Business and Technology partners
Conflict resolution skills: ability to effectively address different opinions and to deliver results
Adaptivity: ability to remain organized and manage through multiple deliverables
Organizational awareness: acumen to understand roles, relationships, and structures within the organization

Responsibilities

Reporting to the Senior Manager, ESG-CRM, the Credit Risk Manager will support implementing and executing the strategy to incorporate climate risk considerations into credit process. The successful candidate will work in a fast-paced and results-oriented environment for an emerging high-profile area of focus and will be part of a learning culture where ongoing development is encouraged. Key accountabilities include:

Manage the Environmental & Social Reputational Risk Assessment (ESRA) Process for material lending transactions In TD Securities, Commercial Banking, and TDBNA. This includes reviewing ESRA submissions to assess the degree of risk, providing advice and effective challenge to the businesses and providing recommendations on whether escalations to Reputational Risk Committees are needed;
Support the development and the implementation of new enterprise-wide platform for ESG-related assessments of non-retail credit transactions;
Create periodic monitoring and review for risk oversight processes, and to lead further enhancements as required;
Support ad-hoc deliverables and initiatives related to climate risk management on TD's lending business.