VP, Model Governance Framework & Standards, TDS Governance & Control
TD · New York, NY · 3 wk ago
On-siteOTHR$150k–$175k/yrFull-time
We need to output HTML fragment with sections only if content present. The posting includes: Work Location, Hours, Line Of Business, Pay Detail, then description. We need to use
for section headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must not repeat job title. We need to include sections only when posting has real specific content.
We have:
- Work Location: New York, New York, United States of America. Could be part of a short paragraph maybe under "About the role"? Not a heading.
- Hours 40: schedule? It says Hours 40 (likely 40 hours per week). That could be schedule info. So we could have a Schedule section with "40 hours per week". But we need to ensure we only include if posting actually states them. It does state Hours 40. So we can include Schedule section with that.
- Line Of Business Governance & Control: could be part of About the role.
- Pay Detail $150,000 - $175,000 USD: we have Pay section.
- The rest: Job Description includes Preferred Qualifications etc. We need to parse into sections: About the role (maybe a brief summary), Responsibilities (Key Responsibilities), Requirements (Required Experience, Required Technical Knowledge), Qualifications (Preferred Qualifications), Skills (maybe combine technical knowledge?), Benefits (maybe not present; there is mention of growth opportunities, skill development, compensation policies but not explicit benefits like health, etc. The instruction: do NOT create Benefits section unless posting actually states them. There's mention of "Growth opportunities and skill development are defining features..." but that's not explicit benefits like health insurance. Probably we should not create Benefits section unless explicit benefits listed. So skip Benefits.
- Skills: Could be derived from Required Technical Knowledge etc. But we have a Skills heading allowed. We could include Skills section summarizing technical knowledge. However we must not invent or summarize away detail; we can list the technical knowledge as bullet points under Skills. That's okay as it's directly from posting.
- Qualifications: Preferred Qualifications section.
- Requirements: Required Experience and maybe Required Technical Knowledge? But we already used Technical Knowledge for Skills. Could split: Requirements = Required Experience (8-10 years etc). Qualifications = Preferred Qualifications. Skills = Technical Knowledge.
- About the role: Could be a paragraph summarizing the role: reporting to Director, TDS Models Governance & Control, serving as SME evaluating current state, identifying opportunities, helping design and implement enhanced target state governance framework, partnering with 1LoD, MRM, internal audit, focusing on framework design, governance uplift, policy/standards/procedures development, strategic transformation initiatives.
We must preserve ALL substantive information; do not invent or summarize away detail. So we need to include all details from the posting, not omit any. That's a lot. We need to embed all details in appropriate sections.
We must not include boilerplate like EEO etc. The posting includes a lot of generic "General Job Description" etc that seems like boilerplate for a generic Manager II role. That might be considered boilerplate? It's part of the posting but maybe it's generic filler. The instruction: Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. The "General Job Description:" section seems like a generic description for Manager II, Governance & Control, not specific to this role. It might be considered boilerplate? However it's part of the posting; but we need to preserve ALL substantive information. The instruction says remove boilerplate, but not to remove substantive info. The "General Job Description:" seems like generic description that may not be specific to this role; but it's still part of the posting. However it's likely considered boilerplate because it's a generic description of Manager II role, not specific to the Model Governance professional. The posting includes both the specific role description and then a generic "General Job Description:" for Manager II, Governance & Control. That seems like filler. We should remove it? The instruction: Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. It doesn't explicitly say to remove generic role descriptions, but it says "Remove ... duplicated lines". The generic description may be considered duplicated or not specific. Safer to keep it? But we need to avoid filler/placeholder text. The generic description includes many bullet points about managing teams etc. That may not be specific to the Model Governance professional role; it's more generic for Manager II. The posting likely includes it erroneously. I'd lean to remove it as it's not specific to the role and could be considered boilerplate. However the instruction says "Preserve ALL substantive information; do NOT invent or summarize away detail." If we remove that generic description, we might be removing substantive information that is present in the posting. But is it substantive? It describes the Manager II role, which is the job title? The job title is not given explicitly but likely Manager II, Governance & Control. The generic description matches that title. So it is substantive for the role. However the earlier specific description also covers responsibilities. The generic description adds more details about managing team, budgeting, mentoring, etc. That could be considered part of responsibilities. So we should keep it, but we need to avoid duplication. We can incorporate relevant points into Responsibilities or Requirements sections.
Thus we need to parse the entire posting and extract all substantive info, then organize into sections.
Let's list all substantive info bullets:
From Work Location: New York, New York, United States of America
Hours: 40 (presumably hours per week)
Line Of Business: Governance & Control
Pay Detail: $150,000 - $175,000 USD
Job Description Preferred Qualifications: (actually heading) then paragraphs:
- TD Securities (TDS) is seeking an experienced Model Governance professional to support the continued evolution of its Front Office Model Governance framework.
- Reporting to the Director, TDS Models Governance & Control (G&C), this role will serve as a subject matter expert (SME) responsible for evaluating the current state of model governance practices at TDS, identifying opportunities for enhancement, and helping design and implement an enhanced target state governance framework aligned with regulatory expectations and industry best practices.
- The successful candidate will possess strong expertise in model governance, model risk management principles, and model lifecycle oversight, coupled with a working knowledge of pricing and valuation models used within capital markets.
- The individual will partner closely with other 1st Line of Defense (1LoD) teams (model owners, model developers, etc.), and engage with enterprise functions such as Model Risk Management (MRM), and internal audit to develop and sustain mature governance for front office models.
- This role is primarily focused on framework design, governance uplift, policy/standards/procedures development, and strategic transformation initiatives.
Key Responsibilities (list):
- Governance Framework Assessment
- Assess existing TDS model governance practices against regulatory expectations and industry-leading practices;
- Perform current-state versus target-state assessments across the model lifecycle;
- Identify governance, oversight, change management, monitoring, and accountability gaps;
- Evaluate governance frameworks supporting pricing/valuation, risk, and other model types used within TDS;
- Support development of strategic initiatives and governance maturity roadmaps;
- Draft policies, procedures, and standards to reflect the enhancements made to TDS governance framework;
- Draft control requirements and control procedures for 1st LoD model lifecycle processes;
- Assist with training and awareness activities across model lifecycle participants.
Required Experience:
- 8-10 years of experience in model governance, model risk management, model validation, quantitative risk, or related financial services governance functions.
- Demonstrated experience designing and uplifting model governance frameworks.
- Experience drafting governance standards, procedures, policies, and control documentation.
- Experience working with Model Risk Management and Internal Audit functions.
- Strong understanding of model lifecycle governance principles.
- Familiarity with regulatory guidance relating to model risk management.
Required Technical Knowledge:
- Strong understanding of model governance and model risk management concepts.
- Strong understanding of model lifecycle controls.
- Working knowledge of pricing and valuation models (i.e. risk-neutral pricing methods) used within capital markets environments.
- Understanding of model development, implementation, validation, change management, monitoring, and retirement processes.
- Familiarity with governance expectations applicable to model inventories, annual reviews, model changes, implementation governance, and documentation standards.
Preferred Qualifications:
- Experience within investment banking, capital markets, or broker-dealers.
- Familiarity with SR 11-7/26-2, OSFI E-23, and other regulatory guidance.
- Experience supporting regulatory examinations or audit reviews.
- Experience performing governance maturity assessments and target-state design exercises.
- Strong written communication and policy drafting skills.
General Job Description: The Manager II, Governance & Control leads and manages a governance and control team, overseeing diverse functions in an area of moderate risk, complexity or scope usually involving short to medium-term planning. This role ensures an integrated approach with other business governance and control areas, the broader organization, and enterprise control functions. Depth & Scope Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as requiredLeads and manages a team of professionals for a diverse group set of G&C functions in an area of moderate risk, complexity or scope, while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business resultsPresents and makes recommendations to senior management and executivesEnsures an integrated approach with other business areas, broader organization, and enterprise as appropriateCoordinates and prioritizes multiple initiatives and manages resource allocationEstablishes effective relationships with different Stakeholders, Business Sponsors, Executives and LOBProvides coaching, mentorship and guidance to practitioners, business, executives within area of expertiseDeep knowledge and understanding of businesses/technology, and organizational practices/disciplinesFocuses on medium-term planning and business issues (e.g. 6-12 months) Education & Experience Undergraduate degree preferred7+ years of relevant experienceAdvanced business understanding and knowledge of risk and control functionsAdvanced knowledge of governance, risk and control procedures, strategies & tacticsKnowledge of risk management environment, standards, regulations and mitigationKnowledge of current and emerging trendsSkill in managing budgets and resource allocationSkill in mentoring, coaching and performance managementSkill in using analytical software tools, data analysis methods and reporting techniquesSkill in using computer applications including MS OfficeAbility to lead, plan, implement and evaluate program/project activities to ensure completionAbility to communicate effectively in both oral and written formAbility to work collaboratively and build relationships across teams and functionsAbility to work successfully as a member of a team and independentlyAbility to exercise sound judgement in making decisionsAbility to analyze, organize and prioritize work while meeting multiple deadlinesAbility to process and handle confidential information with discretionAbility to establish goals and objectives that support the strategic planAbility to contribute to strategic direction of the strategic initiatives and projects Customer Accountabilities Develops, communicates and implements a holistic governance and control strategy for own specific business function in support of and integrated with the overall business strategyManages and plans activities that require alignment across multiple areasLeads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies/procedures/changes across multiple business/functional areasLeads partnership with management and respective teams for area of specialization with industry, enterprise, and business awareness; recognizing and anticipating emerging trends and; identifying issues and opportunities and recommending actions to senior managementEnsures all administration, control and compliance activities are complete and accurate to meet targets for own areaEnsures an integrated and aggregated view of all related business risk and control activities across the overall function providing escalations, recommendations, and decision support to leadershipForecasts programs/initiatives and demand, and coordinates prioritization of the portfolio/initiatives with key stakeholdersProvides functional/business level communications to ensure messages to stakeholders and/or employees are consistent, appropriate and aligned to business risk strategies and executive management directionProvides direction to complex, wide-ranging enterprise or cross-function/business projects as a SME and participates in designing, testing, and implementation of solutions Shareholder