Senior Compliance Business Oversight Manager EPOCH (US)

TD•New York, NY

1d•$124,280 - $186,160•Onsite

About The Position

At TD Bank US Compliance, we're on a mission to build a more resilient and scalable compliance risk management function. As part of our team, you'll play a key role in reshaping compliance structures and processes, driving innovation at every level. Here, each team member has a chance to make a tangible impact – both in day-to-day operations and in the design of a future-focused compliance program. This is not just about implementing a new program – it's about creating a culture of compliance that will cascade throughout the organization. The ideal candidate will thrive in a fast-paced, start-up-like setting as we build a new compliance structure that aligns with the bank’s size, complexity, and risk profile. In this role, you’ll need to be strategic, tactical, collaborative and creative in your approach. You will manage day-to-day operations while also helping design and implement a forward-thinking compliance program for the future. Beyond technical expertise, we’re looking for someone with an entrepreneurial mindset—someone who can "roll up their sleeves", takes the initiative and can anticipate needs before they arise. A comfort level with ambiguity and the ability to excel in a dynamic, evolving landscape are essential as the US Compliance team redefines the bank's compliance program and structure. Most importantly, the right candidate is seeking an intellectual challenge, has a desire to learn, and is committed to building something impactful from the ground up. At TD Bank, you’ll have the unique opportunity to help shape the future of the bank while collaborating with a team of enthusiastic colleagues dedicated to setting new industry standards.

Requirements

Institutional RIA regulatory expertise. Demonstrates deep working knowledge of the Investment Advisers Act of 1940, SEC Rule 206(4)-7 compliance program expectations, fiduciary obligations, Form ADV requirements, books and records, code of ethics, personal trading, marketing, custody, valuation, proxy voting, best execution, and conflicts management as applied to an institutional asset management business.
Independent compliance oversight and credible challenge. Provides objective guidance and independent challenge to business leaders, portfolio management, trading, operations, client service, technology, risk, and legal partners. Identifies when business practices, controls, disclosures, or governance require enhancement and can support conclusions with sound regulatory analysis.
CCO delegate mindset with clear escalation discipline. Operates with a high degree of independence and can make well-reasoned compliance decisions within delegated authority, while keeping the CCO informed of material developments, emerging risks, regulatory matters, significant control gaps, and decisions that may require executive judgment.
Compliance program ownership. Owns or materially leads key elements of the RIA compliance program, including policies and procedures, annual review support, monitoring and testing coordination, regulatory change impact assessment, issue identification and remediation oversight, training, reporting, and governance materials.
Institutional investment adviser business fluency. Understands institutional asset management products, strategies, client types, investment guidelines, discretionary portfolio management, trade lifecycle, model and portfolio implementation processes, vendor and affiliate dependencies, and operational risks that may affect regulatory compliance.
Risk assessment and control effectiveness judgment. Can assess inherent and residual compliance risk, evaluate the design and operating effectiveness of controls, identify root causes, distinguish isolated exceptions from systemic issues, and recommend practical, risk-based remediation actions.
Regulatory exam and inquiry management. Has the judgment and organizational discipline to support or lead SEC examinations, regulatory inquiries, audit reviews, document productions, management responses, remediation plans, and regulator-facing narratives in a manner that is accurate, complete, well-controlled, and appropriately escalated.
Enterprise risk and bank-owned RIA awareness. Understands the heightened governance, reporting, affiliate, and reputational considerations that arise when an investment adviser operates within a bank-owned environment, including coordination across enterprise compliance, operational risk, legal, audit, technology, and business governance forums.
Governance, reporting, and executive communication. Produces clear, concise, and decision-useful reporting for the CCO, senior management, committees, boards, and control partners. Can translate complex regulatory issues into key risks, impacts, decisions needed, ownership, target dates, and evidence of remediation.
Strategic execution and prioritization. Independently prioritizes competing regulatory, business, exam, and remediation demands. Develops practical roadmaps, sequences work based on risk, and delivers high-quality results under time-sensitive conditions.
Professional judgment, integrity, and accountability. Demonstrates sound judgment, intellectual curiosity, discretion, courage, and a strong control mindset. Takes ownership of work product, raises concerns early, and protects the independence and credibility of the compliance function.
Understands risk identification, risk analysis, and risk mitigation according to the regulatory requirements and best business practices
Understands the heightened governance, reporting, affiliate, and reputational considerations that arise when an investment adviser operates within a bank-owned environment, including coordination across enterprise compliance, operational risk, legal, audit, technology, and business governance forums.
Undergraduate degree or equivalent work experience
10+ years of experience
Meaningful experience supporting registered investment advisers.
Experience with SEC examinations, annual compliance reviews, policies and procedures, regulatory change management, and compliance risk assessments is expected.

Nice To Haves

Prior experience with an institutional asset manager or complex bank-owned RIA is strongly preferred.
Experience leading projects, influencing senior stakeholders, and mentoring or directing compliance professionals is strongly preferred.
Relevant legal, compliance, securities, or investment management credentials may be additive, depending on the role scope and business needs.

Responsibilities

Acts as a senior day-to-day compliance lead for the institutional RIA program under the direct supervision of the legal entity CCO’s.
Escalates material issues, regulatory concerns, significant control weaknesses, conflicts, policy exceptions, and reputational matters promptly and with recommended actions.
Maintains regular, proactive communication with the CCO, including concise updates on key risks, workstream status, unresolved decisions, and upcoming regulatory or governance deadlines.
Builds strong working relationships with business and control partners while maintaining appropriate independence and second-line challenge.
Documents decisions, rationale, approvals, issue disposition, and remediation evidence in a manner that can withstand regulatory, audit, or board review.
Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Responsible for the timely execution of the Compliance testing plan
Typically deals with senior/executive management in communicating Compliance testing results
Leverages deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management/enterprise areas through testing engagements
Provides guidance and clarity around priorities and goals for Compliance testing program and works with managers to ensure the goals cascade to all workers
Guides talent identification and development processes
Manages and prioritizes the team to deliver on multiple reviews and projects at a given time
Identifies and leads problem resolution for project/program complex requirements related issues at all levels
Manages teams of compliance testing specialists and/or managers in the execution of Compliance Testing engagements and validation of action plans in accordance with established standards
Conducts skilled analytical research and analysis as part of the testing engagement and initiatives
Develops, implements, tracks, and reports on Compliance testing schedules
Provides overall strategic direction to support the Compliance Testing Program, Procedures, and processes so that they stay current with established standards and regulatory expectations
Acts as a subject matter expert and strategic advisor by providing guidance on Compliance issues to management, business units, and respective teams for area of specialization
Reports on emerging trends, identifying risks and opportunities, and recommending action to senior management
Understands risk identification, risk analysis, and risk mitigation according to the regulatory requirements and best business practices
Supports relationships with key partners to effectively manage and clarify scope of accountabilities while influencing and aligning others as needed
Provides functional/business level communications to stakeholders and/or leaders that are consistent, appropriate, and aligned with strategic direction
Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverages TD’s operating model to maximize efficiency, effectiveness and scale
Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
Maintains extensive knowledge of business units and regulatory requirements/compliance issues within the Compliance area
Provides subject matter expertise, complex analysis and advice to business partners/team and applies knowledge in following up on outcomes, investigating and/or enforcing policy
Identifies and implements opportunities for continuous improvement in the Compliance Testing Program
Leads relationships with business lines/corporate and/or control functions to promote alignment with enterprise and/or regulatory requirements
Supports team and management in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
Assesses/identifies key issues and escalates to management where required
Supports the facilitation of action/remediation plans as a result of an internal audit and/or regulator review of Compliance Testing Program
Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Responsible for management of the overall team providing both leadership and guidance
Sets targets and objectives for the team, and delivers results
Grows team expertise to align with business/enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value delivered
Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner
Manages employees in compliance with all human resources policies, procedures and guidelines of conduct
Shares knowledge, information, skills, and subject matter expertise among the team and promotes the timely communication of issues and encourages good working relationships with other functions and teams
Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes
Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally