US Wealth Compliance Regulatory Intake and Analysis

TD Bank•Charlotte, NC

20h•Onsite

About The Position

At TD Bank US Compliance, the mission is to build a more resilient and scalable compliance risk management function, reshaping compliance structures and processes and driving innovation. Each team member has a chance to make a tangible impact in day-to-day operations and in the design of a future-focused compliance program, creating a culture of compliance throughout the organization. The ideal candidate will thrive in a fast-paced, start-up-like setting, building a new compliance structure aligned with the bank’s size, complexity, and risk profile. This role requires a strategic, tactical, collaborative, and creative approach, managing day-to-day operations while helping design and implement a forward-thinking compliance program. An entrepreneurial mindset, initiative, anticipation of needs, comfort with ambiguity, and ability to excel in a dynamic, evolving landscape are essential. The right candidate seeks intellectual challenge, desires to learn, and is committed to building something impactful from the ground up, shaping the future of the bank while collaborating with an enthusiastic team. U.S. Wealth Compliance acts as an independent regulatory compliance and conduct risk management and oversight function, including compliance-wide frameworks, guidelines, and standards for testing, monitoring, risk assessment, and reporting. It also covers Internal Audit, regulatory exam, and ongoing supervision management, finding tracking, and remediation oversight, fostering a culture of integrity, ethics, and compliance. U.S. Wealth is an integrated wealth management business providing products and services for High-Net-Worth, Institutional, and Mass Affluent clients through multiple legal entities with independent and complex regulatory regimes. The Senior Compliance Business Oversight Analyst provides objective guidance, support, and advice to an assigned portfolio, business, or function to promote strong Compliance controls and processes to mitigate inherent associated risks. This role contributes to the development and implementation of Compliance programs related to all aspects of Compliance laws.

Requirements

Undergraduate degree or equivalent work experience
5+ years of experience
Compliance knowledge with applicable laws and regulations
Ability to work both individually and as a team
Strong analytical skills
Attention to detail

Nice To Haves

Experience with regulatory breakdown and assignment within the Financial Services sector is preferred.
Knowledge and experience within compliance or audit, related to legal and regulatory environment, and enterprise governance framework a plus.
Knowledge of current and emerging trends, including regulatory expectations and standards for effective compliance management systems.
Ability to research, interpret and summarize relevant regulatory expectations, laws, regulations and impacts to Compliance Program elements.
Experience working in an integrated wealth business as a bank subsidiary, a focus on state insurance regulatory requirements and securities regulatory requirements is preferred.
Skill in using computer applications including MS Office Suite.
Familiarity with data visualization tools including PowerBI and Tableau a plus.
Ability to independently identify, assess, and escalate issues requiring senior management attention.

Responsibilities

Supporting the business in identifying, assessing, and implementing regulatory changes.
Initial analysis and breakdown of new and revised laws, rules, and regulations.
Developing detailed summaries which highlight potentially applicable aspects of the rule.
Presenting results to business line specialists to determine applicability of the rule for each US Wealth business line.
Supporting business line regulatory change implementations, including overseeing business changes to policies, procedures, systems, and/or controls via formal issue assignments, action plans or projects.
Analyzing new or updated laws, rules and regulations to identify actionable citations and obligations that could be applicable to the business prior to engaging business stakeholders.
Developing detailed summaries of identified rules and regulations for use in meetings with business stakeholders to determine applicability.
Proactively managing regulatory change in collaboration with the U.S. Wealth business key stakeholders and risk owners.
Oversight of related administrative updates to ensure formal issues with remediation steps are entered into the issues management system to track work needed to comply with new or revised rules.
Oversight of related administrative updates to ensure controls are drafted, updated and/or applied to the new or revised rules.
Oversight of related administrative updates to ensure related policy, procedure, and guidance documents are updated to ensure ongoing compliance with the new or revised rules.
Establishing and maintaining, or providing review and challenge to, policies, procedures and related controls designed to meet regulatory requirements and manage regulatory compliance risk and conduct risk.
Provides objective guidance, support and advice to assigned portfolio, business or function to promote strong Compliance controls and processes are in effect to mitigate inherent associated risks.
Contributes to the development and implementation of Compliance programs related to all aspects of Compliance laws.
Exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to significant regulatory compliance risk matters.
Make prudent professional decisions in rendering advice and counsel to business lines or assigned areas, on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives.
Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise.
Research, review and maintain expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws.
Acts as the primary subject matter expert for regulations applicable to business partners and provides guidance, consultation and expert advice with respect to the business partners' compliance with such regulations directly related to the operations of the business.
Creates training content and may train business partners on regulatory requirements.
Advises the business with respect to the implementation of new and amended regulatory requirements.
Independently reviews and utilizes discretion, judgement and specialized expertise in approving the documentation for business line use: disclosures; forms; customer-facing correspondence; operating procedures; and policies.
Independently performs targeted and periodic monitoring of business activities for compliance with regulatory requirements and regulator expectation.
Identifies and communicates areas of non-compliance and/or material control weaknesses.
Responsible for the oversight of business partners' remediation of regulatory issues, including exercising discretion and independent judgment in reviewing and approving remediation action plans.
Responsible for assessing regulatory risk associated with new products, services and other initiatives that have significant operational or financial impact.
Integrates the broader organizational context into advice and solutions within the Compliance area.
Understands the industry, competition and the factors that differentiate the organization.
Leads projects of moderately to complex risks and resource requirements; may lead end-to-end processes or functional programs.
Contact for business management, external/internal auditors, dealing with non-routine information.
Recommends and implements solutions within own area of responsibility.
May need to coordinate/integrate work with other areas as needed.
Identifies and leads problem resolution for complex requirements related issues at all levels.
Assists in the development and implementation of appropriate Compliance policies, processes and controls.
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.
Guides and complements the assigned portfolio in terms of financial, regulatory and risk management requirements.
Interacts with control functions within the organization.
Develops analysis and insights, prepares and delivers management reporting necessary to promote accurate and thorough measurement of the risk factors present in various products.
Updates business line policies and Compliance Team procedures.
Analyzes Compliance requirements and establishes they are properly written into requirements for business projects and approved at the appropriate levels.
Works directly with business management, and with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations.
Keeps abreast of emerging issues, trends, and evolving regulatory requirements in the Compliance industry and assesses potential impacts.
Coordinates with other Compliance partners and business governance and control partners to promote consistency in the application of Compliance programs and standards across the enterprise.
Supports in determining risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs.
Conducts enterprise wide annual risk assessment for all TD businesses.
Supports the business lines with compliance/risk controls and periodically evaluates risk mitigation efforts to adjust as risk/department influences change.
Protects the interests of the organization – identifies and manages risks, and promotes the prompt and thorough resolution of escalated non-standard, high risk issues.
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.

Benefits

Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
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
Reward and recognition
Regular development conversations
Training programs
Competitive benefits plan
Access to an online learning platform
Variety of mentoring programs