Senior Compliance Officer, Control Room, Compliance

TD Bank • New York, NY

5d • $110,000 - $135,000

About The Position

The TD Securities Inc. Compliance Department is responsible for the compliance strategy and oversight programs, including identifying and preventing violations of regulatory requirements by both employees and clients. This is accomplished by: Conducting monitoring and surveillance Providing training and education Liaising with regulators Promoting a compliance culture within the firm Taking preventative measures to ensure compliance with the rules and regulations Reviewing new business opportunities, such as new products or markets from a compliance perspective Depth & Scope Maintain the Grey List and Restricted List and advise on information barrier issues Provide compliance coverage for the Control Room as well as all private side business within TD Securities including Investment Banking (which includes Mergers & Acquisitions, Corporate Finance and Equity Capital Markets), Global Credit and Debt Capital Markets Assist with collaborating with Investment Banking, Global Credit and Equity Capital Markets personnel Globally in evaluating transactions to determine securities for inclusion on the Grey List or Restricted Lists Compliance and real time support and advice to business areas within Investment Banking (which includes Mergers & Acquisitions, Corporate Finance and Equity Capital Markets), Global Credit and Debt Capital Markets including real-time deal flow Responsible for reviewing and resolving the escalation of research related issues as they relate to Investment Banking transactions and potential restrictions Responsible for monitoring communications including electronic and video communications within Investment Banking and other dealer groups in line with regulatory requirements and objectives Chaperone certain business activities between Equity Research and Investment Banking and ensure groups are conducting business activities independently Assist in the development of the compliance testing program with operational procedures to address internal TD policies and industry best practices Maintain and enhance policies and procedures within the group Provide guidance, advice and rule interpretation to the business lines and leaders, often without advance notice Provide guidance and education on regulatory and internal policy to TD Securities management and staff using both formal and informal training methods Identify compliance related issues and escalate issues identified to business unit management and monitoring for resolution Identify compliance requirements as per legislation, policies, self-regulatory by-laws and rulings that relate to the distribution of securities and maintaining testing documentation and records Respond to inquiries from regulators Projects as assigned Implement and enhance policies and procedures Foster a cooperative working relationship with our business unit partners and key regulators Participate in industry forums and committees where applicable General Job Description The Senior Compliance Office provides advice, guidance and support to business units in adhering to regulatory/compliance requirements and assists in implementing compliance initiatives to help manage regulatory risk. Depth & Scope: Works independently as the senior officer and may coach and educate others Individual contributor role providing specialized expertise or may lead a small team of specialists Considered a subject matter expert within a given area working closely with business partners, auditors and/or regulators Contact for business management, regulators and external/internal auditors with assistance from Management, dealing with routine information Provides day to day interaction and support to Management Oversees/executes and/or performs tasks from end to end Focuses on short to mid-term issues (e.g., monthly-quarterly)

Requirements

• Have a diverse range of financial products knowledge and working knowledge of market rules and regulations
• Thorough knowledge of the securities industry and operations of the capital markets
• Ability to think critically and make decisions
• Excellent communication skills, both written and oral
• Ability to deal with staff and management at all levels in TD Securities and TDBG
• Ability to work under pressure and meet deadlines
• Strong personal integrity in dealing with confidential and sensitive information
• Ability to understand, analyze, interpret and apply regulation in an operational context in an environment that is ever changing and has competing priorities
• Ability to manage and prioritize multiple projects, many with tight deadlines
• Ability to work independently and as part of a team yet understand when matters need to be escalated to senior management
• University degree
• Minimum 5 years compliance/industry experience in a senior position within a bank owned dealer
• Bachelors degree or progressive work experience
• 5-7 Years of related experience

Responsibilities

• Maintain the Grey List and Restricted List and advise on information barrier issues
• Provide compliance coverage for the Control Room as well as all private side business within TD Securities including Investment Banking (which includes Mergers & Acquisitions, Corporate Finance and Equity Capital Markets), Global Credit and Debt Capital Markets
• Assist with collaborating with Investment Banking, Global Credit and Equity Capital Markets personnel Globally in evaluating transactions to determine securities for inclusion on the Grey List or Restricted Lists
• Compliance and real time support and advice to business areas within Investment Banking (which includes Mergers & Acquisitions, Corporate Finance and Equity Capital Markets), Global Credit and Debt Capital Markets including real-time deal flow
• Responsible for reviewing and resolving the escalation of research related issues as they relate to Investment Banking transactions and potential restrictions
• Responsible for monitoring communications including electronic and video communications within Investment Banking and other dealer groups in line with regulatory requirements and objectives
• Chaperone certain business activities between Equity Research and Investment Banking and ensure groups are conducting business activities independently
• Assist in the development of the compliance testing program with operational procedures to address internal TD policies and industry best practices
• Maintain and enhance policies and procedures within the group
• Provide guidance, advice and rule interpretation to the business lines and leaders, often without advance notice
• Provide guidance and education on regulatory and internal policy to TD Securities management and staff using both formal and informal training methods
• Identify compliance related issues and escalate issues identified to business unit management and monitoring for resolution
• Identify compliance requirements as per legislation, policies, self-regulatory by-laws and rulings that relate to the distribution of securities and maintaining testing documentation and records
• Respond to inquiries from regulators
• Projects as assigned
• Implement and enhance policies and procedures
• Foster a cooperative working relationship with our business unit partners and key regulators
• Participate in industry forums and committees where applicable

What This Job Offers

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