US Head of Business Compliance COE (1B)

TD Bank•Laurel, MD

14d•$220,000 - $280,000

About The Position

The Head of Business Compliance is accountable for leading / managing the overall operational effectiveness, in support of the function's own first line of defense accountabilities, and 1B oversight for Compliance matters across all AMCB lines of businesses. The Head of Business Compliance leads the implementation of regulatory change management and provides guidance to the team in the development and / or integrated implementation of policies / procedures / changes across multiple business / functional areas. The Head of Business Compliance coordinates with AMCB business unit leaders / partners, and various control / enabling groups across TD to ensure consistency and compliance with Laws Rules and Regulations when implementing programs, initiatives, policies and standards. The Head of Business Compliance oversees / leads a Center of Excellence for Governance and Control for all of AMCB lines of businesses. This is the first point of contact for all compliance related matters that need attention in the 1st Line of Defense, support 1st Line execution of various 2nd Line Program requirements, regulatory and audit concerns, Privacy issues, Compliance Regulatory Management, UDAAP and Fair Banking compliance support for the 1st Line.

Requirements

Bachelor’s degree required; advanced degree (CRCM/Law Degree ) preferred
15+ years of related experience in Compliance with focus on: Credit Risk Policy and Process, Issue Remediation, Regulatory Risk, Consumer Laws, Rules, Regs Compliance, Operational Risk Management and/or Quality Assurance , Audit, Risk Management and/or similar experience preferred
Management and employee development experience and skills required
PC Skills/Experience with MS Office Suite
Demonstrated ability to oversee/manage multiple initiatives, projects or tasks that are often spread over a lengthy time continuum and/or are complex and multi-faceted
Must be skilled in scheduling/delegating activities and prioritizing accountabilities, projects and tasks to ensure proper resourcing to satisfy established deadlines
Must possess high level analytical skills and the ability to think strategically as well as tactically
Excellent relationship management skills required, including the ability to mediate in difficult situations and influence outcomes in a respectful, professional and effective manner
Exhibits strong decision making abilities and follows through on assigned tasks
Must possess excellent communication and presentation skills
Must be willing to travel throughout company footprint

Responsibilities

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
Develops, communicates, and implements a holistic governance and control strategy for 1B oversight for all Compliance matters across all AMCB lines of businesses in support of and integrated with the overall business strategy
Leads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies / procedures / changes across multiple business / functional areas
Accountable for executive oversight and leadership for the effective execution of compliance risk frameworks across AMCB LOBs
Consults and if applicable reports on non-program compliance; Reviews and challenges program results and conducts independent assessments as necessary
Manages AMCB LOB oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed
Responsible for HMDA/CRA reporting
Works closely with AMCB LOBs and 2nd line control partners to monitor and respond to regulatory changes
Collaborates with other controls groups to provide support to the 1B pillars as well as the AMCB LOBs as it relates to understanding and adhering to the frameworks required
Development of risk and control resources and talent across AMCB LOBs
Compliance oversight of the following businesses within the Consumer Bank, Commercial Bank, Chief Operating Office and Corporate Functions, including : 1) TD Auto Finance; 2) Credit Card; 3) Deposits; 4) Residential Lending; 5) Retail Branches; 6) Unsecured Lending ; 7) Wealth; 8) Corporate Products & Services; 9) Small Business Banking; 10) Commercial Banking; and 11) Consumer and Commercial Operations.