Compliance Business Oversight Manager (4882)

TD•Toronto, ON

3d•CA$96,900 - CA$136,800•Onsite

About The Position

The Global Compliance Department oversees Regulatory Compliance across TD Bank Group (TDBG) in accordance with the Global Compliance Mandate, Framework, and Standards. The department independently assesses the adequacy, adherence, and effectiveness of Regulatory Compliance Management (RCM) programs and controls across the organization. It provides objective guidance, independent challenge, and proactive regulatory oversight while delivering trusted reporting and advice to senior leadership and the Board regarding regulatory compliance risks, controls, and outcomes. As part of the Global Regulatory Change Governance (GRCG) team, the Compliance Business Oversight Manager will provide day-to-day support for consistent risk-based management of regulatory change. As a second line of defense, the GRCG team is responsible for the oversight and governance of the regulatory change process for effectively identifying, assessing, communicating, managing, and mitigating regulatory compliance risk and maintaining knowledge of applicable regulatory requirements. The GRCG team documents and executes activities for the ongoing central governance of, oversight of, and training provided to support consistent regulatory change management activities across TD. The Compliance Business Oversight Manager will support the Enterprise Compliance Regulatory Change Program, including governance, oversight, technology, and processes. The incumbent will work with Oversight Functions and Risk Owners across TD. The main focus of the role will be the facilitation of enterprise-wide oversight and governance of the global regulatory change process, ensuring that monitoring of regulatory change is being performed in alignment to the RCM Regulatory Change Standard. The incumbent will engage with various stakeholders, including Oversight Functions, designated Regulatory Change Leads accountable for areas of laws, rules, and regulations (LRRs), and Risk Owners (own and operate controls to mitigate LRR risk) across TD. This is an exciting opportunity for individuals with expertise in the field of governance, risk, and controls.

Requirements

Good understanding of Compliance processes and regulatory environment, including monitoring and Oversight Functions with RCM accountability.
Knowledge of relevant legislation, regulations, and industry standards, as it applies to Banking, Securities, Insurance, Prudential, Finance, HR, etc.
Experience with coordination of processes involving multiple groups and stakeholders, ensuring that activities are completed timely and efficiently.
Experience analyzing large data sets and leveraging business intelligence tools to drive analysis and insights.
Experience with implementation of process improvements – understanding of technology implementation lifecycle, ability to articulate business requirement for Technology.
Strong analytical and problem-solving skills with strong attending to detail to drive problem framing and solutioning.
Able to breakdown and describe technical concepts in business terms and frame questions in the correct context for the audience.
Ability to work independently, think critically and make decisions.
Ability to manage high volumes of work in a fast-paced environment and manage multiple priorities.
Highly organized and flexible in prioritizing various work demands.
Able to work collaboratively as part of a team.
Ability to influence people and deal with conflicting points of view.
Ability to deal with all levels of staff within the enterprise.
Strong verbal and written communication skills.
Well-developed organizational awareness and business acumen.
Strong relationship management skills.
Able to accept and manage conflicting points of view and work collaboratively.
Ability to think "out of the box" to effect creative and responsive solutions.
Professional experience in a governance-related field (e.g. Compliance, Risk Management, AML, Legal, Audit).
7+ years relevant experience
Technical background

Nice To Haves

Undergraduate degree
Relevant professional designations and/or certifications as required

Responsibilities

Provide oversight of regulatory change activities to drive consistency.
Develop and communicate enterprise governance and control requirements and expectations.
Oversee and report issues associated with the regulatory change process.
Develop and deliver specialized/ad hoc training and reporting, as required.
Perform a leadership role in the ongoing execution of the Regulatory Change Management process
Act as a subject matter expert and provide objective guidance, review, and support regulatory change activities
Establish strong relationships with Regulatory Change Leads acting as a primary contact for the regulatory change
Perform reviews of large data sets and leverage business intelligence tools to drive analysis and insight, monitor, and report on compliance with the RCM Regulatory Change Standard
Facilitate the onboarding to the central Regulatory Change Tracker and other applications used for regulatory change identification, assessment, and implementation activities
Establish strong working relationship with TD Technology team and third-party data provider vendor to collaborate on activities for regulatory change data feeds
Facilitate enterprise-wide oversight and governance and support the global regulatory inventory process, ensuring that the library of applicable LRRs is current and comprehensive
Identify and propose improvements to the regulatory change management process, opportunities to automate and streamline, and participate in implementation of enhancements to process and systems
Provide training and guidance to stakeholders on how to operationalize requirements of the Regulatory Change Standard and use regulatory change systems and applications
Perform user acceptance testing of enhancements to TD's internal applications and third-party provider tool
Support testing engagements from Internal Audit, Compliance Quality Assurance, and others