Compliance Business Oversight Manager

TD Bank•Charlotte, NC

1d•Onsite

About The Position

The Compliance Business Oversight Manager plays a critical role in ensuring adherence to regulatory requirements such as Regulations FCRA, X, Z, SCRA, and FDPA and other consumer protection regulations. The individual will lead and coordinate compliance-related initiatives, manage regulatory exams, and collaborate cross-functionally to support business partners. Strong communication and reporting capabilities, along with subject matter expertise in consumer lending regulations, are essential. The Compliance Business Oversight Manager provides advice, support and objective guidance to assigned portfolio, business or function on development and maintenance of all aspects of Compliance/Center of Excellence programs in line with the Bank's risk philosophy and strategic direction. Works independently and is accountable for managing a specialized Compliance function or area. Provides comprehensive coverage for a significant business or functional area across all legal entities and jurisdictions where TD operates. Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise. Provides guidance and support to analysts on matters related to portfolio and specialty. Typically a subject matter expert for a key functional Compliance area and business. Contact for business management, dealing with non-routine information. Manages/assists with regulatory reviews including inquiries, audits, and exams. Identifies and leads problem resolution for project/program complex requirements related issues at all levels.

Requirements

Undergraduate degree or equivalent work experience
7+ years of experience
Strong knowledge of consumer protection regulations including FCRA, Reg Z, Reg X, FDPA and SCRA.
Excellent verbal and written communication skills, including executive-level reporting and presentation development.
Proficiency in Microsoft PowerPoint and basic Excel
Experience in compliance project work and cross-functional initiatives.
Independent thinker with sound judgment and the ability to challenge effectively.

Nice To Haves

3rd Party Oversight experience a plus
CRCM a plus.

Responsibilities

Proactively advises the business of new and changed Compliance regulatory and/or policy changes
Formulates relevant and meaningful insights from data analysis and leads on the interpretation of complex business issues, generates multifaceted insights and identifies opportunities to address business regulatory requirements and issues
Contributes to the development and implementation of Compliance programs
Guides partner through the development, implementation, oversight and management of effective Compliance Programs
Prepares summaries, presentations, briefing notes, and any other required documentation to effectively report on the status of Compliance
Represents Compliance on internal or external committees relating to designated business activities as required
Delivers relevant subject matter expertise and Compliance advice to business management
Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, makes recommendations, assesses the effectiveness of programs/policies/practices
Maintains oversight (via review and approval) of all functions and accountabilities related to management reporting and analysis
Manages high risk initiatives and escalations; leads initiatives/guidance as appropriate
Actively assists in developing Compliance Team procedures
Facilitates the periodic Compliance risk and self-assessment activities for designated business using TD's Enterprise Compliance Risk Assessment Framework
Monitors that assessments (monitoring, risk assessment etc.) are completed and communicated in a continuous and timely fashion
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
May provide review and content in the development of annual awareness training
Manages the risk assessment process for assigned businesses
Protects the interests of the organization, our customers and our communities – identifies and manages risks, and promotes the prompt and thorough resolution of escalated non-standard, high risk issues
Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
Actively manages relationships within and across various business lines, corporate and/or control functions and promotes alignment with enterprise and/or regulatory requirements
Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and promotes timely communication of issues/points of interest
Provides thought leadership and/or industry knowledge for own area of expertise and participates in knowledge transfer within the team and business
Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques
Participates in personal performance management and development activities, including cross training within own team
Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
Contributes to a fair, positive and equitable environment that supports a diverse workforce
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally