Director, ESG Risks

Work Location :

Dublin, Ireland

Hours:

35

Line of Business:

Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Position Summary: (Overview of key purpose and accountability of the role)

Financial institutions are required to manage ESG (Environmental, Social, and Governance) Risks arising from their business strategies and operations and arising from the communities and geographies they operate in. Within the three lines of defence model, we are seeking an AVP, ESG Risk to lead the establishment of a robust second line risk oversight function for ESG, for Europe and Asia-Pacific, including TD Global Finance (TDGF) in Dublin.

In this role, you will be responsible for developing and embedding the organization’s ESG risk management framework. You will work closely with cross-functional teams to support the identification and mitigation of ESG risks, providing effective challenge on the organization’s activities with respect to operating sustainably and responsibly in line with regulatory requirements and stakeholder expectations.

In this role, you will engage extensively with the Sales & Trading businesses, Finance, Technology, Auditors, and Senior Executive. There will also be engagement with support and control functions operating within global centres for TD Securities, which is the wholesale bank of the parent entity, TD Bank. You will be required to develop and maintain an in-depth and strategic understanding of the TDGF businesses and functions, and the ESG factors that influence their impact on climate-related financial risks, sustainable business practices, and compliance with regulatory standards.

The AVP, ESG Risk, Europe and Asia Pacific will be the Regional Head of ESG Risks for Europe and Asia and will be the primary oversight coordinator with respect to local ESG risk regulatory dialogue.

Specific Responsibilities:

• Develop and maintain ESG risk management frameworks and policies, including Risk Appetite measures.

• Analyze and monitor emerging ESG risks and trends, providing insights and recommendations to senior management and internal stakeholders for the integration of ESG considerations into business strategies and operations.

• Drive forward initiatives to build out compliance with ESG regulations, standards, and guidelines, including but not limited to CSRD, EU Taxonomy, SFDR, and others applicable to European banking institutions.

• Conduct comprehensive reviews of ESG risk assessments across the organization, providing effective challenge related to the identification of potential risks and opportunities related to environmental, social, and governance factors.

• Bring transparency to senior management, including related boards of directors, on the ESG risks in TDS Europe and Asia, including transparency related to the progress and effectiveness of risk management practices, leveraging key indicators (KIs) and measurement metrics.

• Contribute to the EU Banking Licence application project leading the ESG workstreams and deliverables

• Provide thought-leadership related to all aspects of ESG risks required for the EU Banking Licence application, including governance structures, reporting, and materials for presenting at Management Committees, Risk Committees and Boards.

• Contribute ESG insights, as appropriate, for operational risk scenarios for ICAAP and stress testing programs across various financial risk classes.

• Stay updated on ESG developments, regulations, and industry best practices and identify opportunities for continuous improvement to drive the maturity of the ESG risk management program.

Role requirements:

• Undergraduate degree with relevant experience in Finance, Risk Management, Environmental Science, Sustainability or a related field. A Master’s degree or relevant certification (e.g., CFA, GARP) is a plus.

• Experience in ESG risk management, sustainability or related fields, or in risk management, compliance, or corporate governance with strong knowledge of ESG standards and regulations.

• Knowledge of capital markets/banking landscape, strategic risk thinking, products and processes to encourage productive collaboration. Skilled at breaking ESG concepts down to educate and evolve the understanding of risk management across organisations.

• Exceptional oral and written communication skills; adept at relationship management, collaboratively engaging diverse stakeholders across multiple jurisdictions and departments, and communicating complex subject matter in language appropriate for regulators and auditors.

• Excellent analytical, problem-solving, and solution building skills

• Experience in programme / project delivery, preferably with banking licencing applications, and with translating project requirements into actionable deliverables.

• Microsoft office skills – Proficiency in Microsoft PowerPoint and Excel skills

• Strong organizational skills with excellent attention to detail – ability to manage several deliverables across the spectrum of the licensing project concurrently and support existing BAU practices.

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

Regulatory Requirements: (CF role holders)

You must observe proper standards of market conduct. It is your responsibility to demonstrate that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business. You will promptly report to your supervisor(s) or manager(s) any instances in which you are aware of any violation or possible violation of such regulatory requirements by yourself or others.

In particular, as a Controlled Function for the purposes of the CBI’s Fitness and Probity Regime ( F&P ), you must be aware of and comply with your obligations under the regime.

The F&P Standards require that a person must be:

• Competent and capable;

• Act honestly, ethically and with integrity; and

• Be financially sound.

Central Bank of Ireland Conduct Standards

In addition to the responsibilities set out in this job description, as well as TD’s own policies and procedures (see below), you required to comply at all times with the CBI Conduct Standards. The following Conduct Standards apply to you:

Common Conduct Standards:

• Acting with Honesty and Integrity

• Acting with Due Care and Diligence

• Co-operating in Good Faith and Without Delay

• Acting in the Best Interests of Customers and Treating Them Fairly and Professionally

• Operating in Compliance with Standards of Market Conduct and Trading Venue Rules​

TD Policy Requirements:

It is your responsibility to demonstrate that you are fully aware of and adhere to internal TD Policies that relate to you, your business or other businesses for which you have any level of responsibility.

It is your responsibility to read, understand and comply with TD’s Code of Conduct and Ethics (Code) and corresponding regulations. The Code establishes the standards that govern the way we deal with each other, our customers, shareholders, governments, regulators, suppliers, competitors, the media and the public at large. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.

You must act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.

Management should be kept fully informed at all times of all Regulatory and Compliance issues. You must deal with TD Management, Compliance, regulators and all control functions in an open and cooperative way and must disclose appropriately any information which TD Management, Compliance, regulators or control functions would reasonably expect to know.

You must ensure that you are fully aware of your management reporting lines and escalation procedures.

If you are a Manager/Supervisor you are also responsible for ongoing and effective supervision of the employees under your direction and ensure their adherence to regulatory requirements. You will promptly report to TD Management and Compliance any violation or possible violation of such regulatory requirements identified as part of your supervisory responsibilities.

You must take reasonable steps to demonstrate that you exercise due skill, care and diligence in managing and/or delegating your responsibilities outlined, appropriately.

It is your responsibility to be fully aware of:

• The scope of your management responsibilities.

• The TD Policies and regulatory requirements pertaining to the business/activities you are managing.

• The competence level of the staff, if any, reporting to you.

• The control limits and your ability, if any, to delegate them within your business.

• Demonstrate that you receive adequate and appropriate management reporting.

Who We Are

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.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.