Senior Compliance Business Oversight Manager - US Wealth

TD Bank•Fort Lauderdale, NY

8d•Onsite

About The Position

The Senior Compliance Business Oversight Manager provides advice, support, and objective guidance to an assigned portfolio, business, or function on developing and maintaining Compliance and Center of Excellence programs aligned with the Bank’s risk philosophy and strategic direction. The role is a senior subject-matter expert within U.S. Wealth Compliance, an independent regulatory compliance and conduct-risk oversight function serving a complex, integrated wealth business across multiple legal entities and regulatory regimes. The position leads the design and deployment of compliance programs and initiatives, advises executives and business leaders, anticipates regulatory and risk issues, and recommends improvements with broad operational or financial impact. It addresses complex and ambiguous matters, influences change, and works with business partners to ensure solutions meet business needs. The role also supports a developing, forward-looking compliance structure and culture, requiring a strategic, collaborative, hands-on approach and comfort with ambiguity. The role includes advising the business on regulatory and policy changes; guiding compliance program development and implementation; analyzing and reporting on program effectiveness; representing Compliance on relevant committees; overseeing policies, procedures, risk assessments, training, and escalations; and contributing thought leadership, mentorship, and team development. The position is based in New York, New York, and is listed with 40 hours and a salary range of $124,280–$186,160 USD.

Requirements

Undergraduate degree or equivalent work experience.
10 or more years of experience.
Significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas.
Ability to advise executives and business-segment leaders and lead program design, policy formulation, or operating standards.
Ability to anticipate business trends and regulatory or risk issues and recommend large-scale improvements.
Ability to solve unique and ambiguous problems with broad impact and develop innovative solutions.
Ability to influence change, engage stakeholders, and provide leadership guidance and recommendations.
Knowledge and experience in compliance or audit, legal and regulatory environments, enterprise governance frameworks, products and services, policies, standards, systems, reporting, and training requirements.
Ability to research, interpret, and summarize regulatory expectations, laws, regulations, and their impacts on Compliance Program elements.
Ability to independently identify, assess, and escalate issues requiring senior management attention.
Demonstrated business writing abilities.
Skill using computer applications, including the MS Office Suite.
Ability to manage confidential correspondence and information with discretion.
Ability to collaborate with business partners and communicate project status and relevant information.

Nice To Haves

Prior success building and developing a team within U.S. Wealth Compliance.
Experience working in an integrated wealth business that is a bank subsidiary, including securities investment management and fiduciary activities.
Experience with state insurance regulatory requirements and securities regulatory requirements for recommending or selling non-deposit investment products to retail bank customers.
FINRA Series 7, 63, and 24 licenses.
Knowledge of current and emerging trends, including regulatory expectations and standards for effective compliance management systems.
Experience writing policies, policy guidance, procedures, and training.
Experience reviewing and providing guidance on advertising and marketing materials for a broker-dealer or bank.
Experience with advanced modeling and analytics.

Responsibilities

Advise the assigned business or function on new and changed compliance regulatory requirements and policy changes.
Guide partners in developing, implementing, overseeing, and managing effective Compliance programs.
Contribute to the development and implementation of Compliance programs and business-line policies and Compliance Team procedures.
Analyze complex business issues and regulatory requirements, develop insights, and recommend actions to address them.
Prepare summaries, presentations, briefing notes, and other documentation reporting Compliance status.
Represent Compliance on internal and external committees relating to designated business activities as required.
Provide subject-matter expertise and Compliance advice to business management.
Assess the effectiveness of programs, policies, and practices, and make recommendations based on functional or enterprise-level analysis.
Review and approve functions and accountabilities related to management reporting and analysis.
Manage high-risk initiatives and escalations, and lead initiatives or provide guidance as appropriate.
Oversee programs, policies, and practices to ensure they are well managed, meet business needs, comply with internal and external requirements, and align with business priorities.
Partner with the governance and assurance function to develop annual awareness training.
Conduct an enterprise-wide annual risk assessment for TD businesses.
Identify and manage organizational risks and promote prompt, thorough resolution of escalated non-standard, high-risk issues.
Conduct internal and external research and support management or broader-audience presentations and communications.
Maintain relationships across business lines and control functions and promote alignment with enterprise and regulatory requirements.
Monitor emerging issues, trends, and regulatory requirements and assess their potential impact.
Maintain a culture of risk management and control supported by effective processes aligned with risk appetite.
Provide thought leadership and industry knowledge, participate in knowledge transfer, and keep current on emerging trends and developments.
Contribute to team capability development through mentorship, knowledge-sharing, and best practices.
Keep stakeholders informed about project progress and relevant day-to-day information.
Lead, motivate, and develop relationships with internal and external partners and stakeholders.
Promote a positive, equitable, diverse, collaborative work environment and act as a brand ambassador.