Vice President, Enterprise Risk Management for TD Bank Group
President and Owner of ERM Strategies, LLC
This case study focuses on how TD Bank Group uses enterprise risk management (ERM) to grow profitably while keeping in mind the balance between taking and managing its risks. TD recognizes that having a strong risk culture and approach to risk management is fundamental to success. TD's ERM approach is comprehensive and proactive. It combines the experience and specialized knowledge of individual business segments, risk professionals, and the corporate oversight functions. It is based on enabling TD's business to understand the risks it faces and to develop the policies, processes, and controls required to manage them appropriately in alignment with the bank's strategy and risk appetite.
Headquartered in Toronto, Canada, with more than 85,000 employees in offices around the world, TD and its subsidiaries offer a full range of financial products and services to approximately 22 million customers worldwide through three key business lines:
As of April 30, 2014, TD had $896 billion ...