Director, Compliance – Head of US Surveillance Initiatives and Portfolio Management, TD Securities (US)

TD Bank•New York, NY

About The Position

The Global Compliance Surveillance Department is responsible for overseeing regulatory compliance across TDS in accordance with the Global Compliance Operating Framework. The team is accountable for promoting regulatory compliance by developing and maintaining a comprehensive trade and communications surveillance program, including identifying emerging risks, regulatory developments related to surveillance, maintaining Compliance Surveillance departmental procedures, providing relevant training for Surveillance, conducting quality assurance of alert disposition , reporting on the state of Surveillance program to the Board, senior management, and regulators, as needed, and effective check and challenge. Reporting to the Global Head of Compliance Surveillance, the new hire will be responsible for: maintaining the TDS Compliance Surveillance framework; leading large surveillance projects (e.g., remediation, implementing new surveillance tools); preparing status on projects and the state of the surveillance program; and broadly ensuring that the Surveillance program is robust, adaptive, and aligned with global regulatory expectations. The ideal candidate will possess a strong compliance acumen, leadership qualities, and the ability to drive strategic initiatives in a complex regulatory environment.

Requirements

University degree required (Bachelor's degree)
10+ years of relevant industry and management experience in Compliance and Surveillance
Experience managing complex regulatory remediation
Familiarity with regulations and compliance strategies and risk management; possesses and demonstrates expertise in surveillance, change management, project management and operations
People leadership and management experience focused on talent development and coaching to nurture a high performing team
Highest personal and professional integrity and standards to advance TD's vision and protect the brand
Strong verbal and written communication skills, including public speaking/presentation skills and well-developed listening and negotiation skills
Ability to work in a fast-paced environment and manage multiple priorities
Ability to operate in an evolving, sometimes ambiguous, matrixed environment
Strategic thinker with excellent judgement
Demonstrates ability delivering on project and departmental issues
Demonstrated ability to identify regulatory risks and issues, and to propose practical solutions to mitigate risk, as it relates to compliance surveillance
Demonstrated ability to work across teams globally and to build effective working relationships across diverse stakeholders
Transparent communicator and respected TD representative, both internally and externally
Models TD's executive leadership profile: skilled leader, high confidence, low ego, inspiring to professionals, operate through influence, motivates and developments leadership teams
Advances TD's leadership development, colleague experience and diversity initiatives
Possesses an advanced level of financial and strategic acumen to provide insight on strategy development and execute effectively on a broad range of key business management activities

Responsibilities

Assist with leading surveillance oversight / governance committees for Trade Surveillance and Communications Surveillance
Report on the status of surveillance remediation and modernization initiatives
Enhance and streamline TDS Surveillance's current reporting across regional committees and boards (e.g., surveillance metrics, operational issues, and related reporting)
Provide the leadership team with relevant Management Information, reporting, and support to ensure surveillance operational issues (e.g. vendor issues and surveillance outages) are appropriately managed, addressed, tracked and reported on in governance
Work with the Head of Surveillance, DDI, technology and key stakeholders (e.g., Communications Surveillance Leads, Trade Surveillance Leads, and Chief Compliance Officers globally) to develop clear deliverables, milestone, and project plans for regulatory initiatives, new surveillance deployments, and surveillance enhancements
Track and manage Regulatory and Audit Findings related to surveillance to ensure that such findings are properly and timely addressed (i.e., oversee progress of all internal and/or external audit issues relating to Surveillance with key stakeholders)
Coordinate surveillance "read across" reviews of internal and external events, including root cause analysis, identification of themes and emerging risks, process improvement
Timely reporting on findings and/or recommendations for enhancements, to the Global Head of Surveillance and Compliance senior management
Work with the Trade and Communications Surveillance leads, to ensure that departmental surveillance procedures and timely and accurately updated
Work with key stakeholders with Surveillance and Compliance broadly to respond to regulatory inquiries, requests for data, and exam inquiries as they relate to Surveillance
Prepare summaries, presentations, briefing notes, and other required documentation to effectively report on the status of Surveillance to senior governance and Boards
As needed, report in senior governance on the Surveillance program
Identify and recommend opportunities to enhance productivity, effectiveness, and operational efficiency across the Global TDS Surveillance function
Work with the Surveillance and Compliance leadership team to set the Compliance culture, people development, and training
Attract, retain and develop a high performing team focused on implementing the above responsibilities
Set "tone at the top" in support of a strong risk & compliance culture within Compliance and across the enterprise
With business and other Risk partners promote a strong governance & control environment with periodic assessments against industry practices
With Risk, ensure that the Bank operates within the compliance risk appetite and that operational risk from a Compliance standpoint is being effectively mitigated, assessed, and managed
Keeps current on emerging risks, trends and evolving regulatory requirements for Compliance
Builds positive, diverse, and open work environment by continually improving efficiencies, sharing deep knowledge and skills, and encouraging the team to deliver results