Director – Bank Regulatory Compliance Officer

TD • New York, NY

12d

About The Position

This Compliance Officer is a key member of the TDS US Compliance Regulatory Initiatives Team and U.S. Wholesale Compliance Group. The Compliance Regulatory Initiatives Team is a newly created team within U.S. Wholesale Compliance focused on remediation and program development and improvement within TDS. Depth & Scope Work with stakeholders throughout the Firm to build out, maintain and enhance the bank regulatory compliance program for TD Securities' wholesale business Provide stakeholders within TD's wholesale business real-time interpretive guidance on application of OCC and FRB Regulations (including, without limitation, FRB Regulation W) and relevant regulatory guidance Provide effective second line challenge with respect to activities involving TD's New York Branch, including performing reviews and developing and implementing monitoring protocols and other second line controls Work closely with Volcker Compliance and front office teams on issues impacting TD's New York Branch Draft interpretive memoranda; maintain relevant policies and procedures, including applicable Compliance manuals Develop, maintain, and deliver electronic and live compliance training on relevant topics Assist the business and support functions with implementing and documenting various supervisory controls and operational processes Participate in internal investigations, draft responses to regulatory examination questions, guide stakeholders through exam-related remediations, and coordinate internal and external audits and management responses as needed Participate in special projects as needed The Director Compliance TDS oversees/leads a team(s) of specialists/professionals providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk. Depth & Scope Accountable for a significant area(s)/broad business units of Compliance that typically has enterprise wide impact or accountability. Position deals with senior/executive management. Key contact for business management, regulators and external/internal auditors, dealing with a broad range of issues including non-routine information. Focuses on longer-range planning for functional area (e.g. 12 months or greater). Manages and prioritizes multiple projects at a given time.

Requirements

• BA/BS, or a similar degree, required.
• Experience as bank regulatory compliance SME either within Compliance or Legal at complex financial services institution
• Strong understanding of FRB and OCC regulations and guidance and their application across diverse array of businesses and products
• 8 to 10 years of experience with a registered US broker dealer, swap dealer, Global Systematically Important Bank (GSIB), or associated regulator.
• Candidate will be expected to provide key stakeholders with actionable guidance, advice, implementation support, issue-spotting, and effective challenge in a fast-paced, delivery-oriented, and diverse environment
• Analyze regulatory changes and developments that impact in-scope areas. Advise stakeholders regarding impacts to business-as-usual activities, as well as net new regulatory requirements
• Firm understanding of financial product rules and regulatory landscape
• Excellent interpersonal, organizational, leadership and communication (oral and written) skills.
• Client service skills – experience demonstrating sound judgment and close partnership with senior managers and other stakeholders globally, as well as relationship and network building that fosters advancement of collaborative working relationships.
• Strong analytical skills with attention to detail, data evaluation and the ability to comprehend complex compliance related markets issues.
• Self-starter with ability and penchant for learning new business areas and developing understanding of financial institution's products and regulatory requirements and obligations.
• Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills.
• Proficient in Excel, Word, PowerPoint and SharePoint.
• Bachelors degree or progressive work experience
• 7-10 years related experience

Nice To Haves

• JD desirable but not required.
• Knowledge of markets surveillance systems and applications a plus.

Responsibilities

• Work with stakeholders throughout the Firm to build out, maintain and enhance the bank regulatory compliance program for TD Securities' wholesale business
• Provide stakeholders within TD's wholesale business real-time interpretive guidance on application of OCC and FRB Regulations (including, without limitation, FRB Regulation W) and relevant regulatory guidance
• Provide effective second line challenge with respect to activities involving TD's New York Branch, including performing reviews and developing and implementing monitoring protocols and other second line controls
• Work closely with Volcker Compliance and front office teams on issues impacting TD's New York Branch
• Draft interpretive memoranda; maintain relevant policies and procedures, including applicable Compliance manuals
• Develop, maintain, and deliver electronic and live compliance training on relevant topics
• Assist the business and support functions with implementing and documenting various supervisory controls and operational processes
• Participate in internal investigations, draft responses to regulatory examination questions, guide stakeholders through exam-related remediations, and coordinate internal and external audits and management responses as needed
• Participate in special projects as needed
• Oversees/leads a team(s) of specialists/professionals providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk
• Accountable for a significant area(s)/broad business units of Compliance that typically has enterprise wide impact or accountability
• Key contact for business management, regulators and external/internal auditors, dealing with a broad range of issues including non-routine information
• Focuses on longer-range planning for functional area (e.g. 12 months or greater)
• Manages and prioritizes multiple projects at a given time

Benefits

• Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
• regular development conversations
• training programs
• competitive benefits plan
• online learning platform
• mentoring programs

What This Job Offers

• Job Type: Full-time
• Career Level: Director