Vice President – Compliance Regulatory Change Lead

TD Bank • New York, NY

4h

About The Position

TD has enhanced its Regulatory Compliance Management Framework (RCM) and is implementing new and/or enhancements to existing programs to support a strong risk culture and comprehensive approach to managing regulatory compliance risk. The Compliance Regulatory Change Lead oversees and manages the implementation of regulatory changes that apply to TD's U.S. Wholesale businesses. This Compliance Officer is a key member of the TDS US Core Compliance Team and U.S. Wholesale Compliance Group. The VP Compliance TDS oversees/leads a team(s) of specialists/professionals providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk.

Requirements

• BA/BS, or a similar degree, required.
• 5-7 years of experience with a registered US broker dealer, swap dealer, Global Systematically Important Bank (GSIB), or associated regulator.
• Firm understanding of global security and derivative products and markets including trading behaviors, market platforms, vendor technologies and operational elements.
• Firm understanding of financial product rules and regulatory landscape, as well as a strong understanding of market abuse behavior surveillance and regulatory expectations.
• A willingness to learn new regulatory areas impacting products, behaviors and market participants.
• Advanced understanding of testing or audit concepts and principles as well as control analysis and evaluation.
• Excellent interpersonal, organizational, leadership and communication (oral and written) skills.
• Client service skills – experience demonstrating sound judgment and close partnership with senior managers and other stakeholders globally, as well as relationship and network building that fosters advancement of collaborative working relationships.
• Strong analytical skills with attention to detail, data evaluation and the ability to comprehend complex compliance related markets issues.
• Self-starter with ability and penchant for learning new business areas and developing understanding of financial institution's products and regulatory requirements and obligations.
• Advanced project management skills and ability to manage multiple work streams involving different partners and groups, with limited oversight and direction.
• Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills.
• Proficient in Excel, Word, PowerPoint and SharePoint.

Nice To Haves

• JD desirable but not required.
• Experience in trade or communications surveillance a plus.
• Knowledge of trade and communications surveillance tools and vendors for detecting market abuse and manipulation.
• Knowledge of markets surveillance systems and applications a plus.

Responsibilities

• Responsible for monitoring, identifying, and communicating changes to laws, rules, and regulations (LRRs) for inclusion in the Firm's Global Regulatory Inventory (U.S. Wholesale’s book of record for all regulatory compliance LRRs that apply to the Firm)
• Assessing impact regulatory changes may have on TD's U.S. Wholesale business
• Developing an understanding of the Firm's regulatory structure and regulated entities and how LRRs apply to them
• Applying subject matter expertise in securities regulation to the LRRs that apply to the Firm's business areas
• Monitoring LRR feeds to identify rules that apply to the Firm
• Providing identified LRRs to the Reg Change Program Execution lead on a weekly basis
• Reviewing identified LRRs to Advisory Compliance and other stakeholders as applicable on a weekly basis to determine materiality
• Hosting the Biweekly Reg Change Meeting to review regulatory changes with stakeholders and determine ownership for implementation
• Supporting as needed the activities of the Reg Change Program including tracking, reporting, and documentation
• Assisting in the maintenance of the Rules Inventory that apply to the U.S. Wholesale businesses, and verifying that new or changed LRRs are appropriately mapped in the Inventory
• Participate in activities that support the overall Regulatory Compliance Management Framework for TD that drives the management of regulatory compliance risk
• Works independently and is accountable for managing a specialized compliance area, business or function and leads a team of specialists
• Subject matter expert for a functional area
• Key contact for business management, regulators and external/internal auditors, dealing with non-routine information
• Focuses on short to mid- range planning (e.g. 6-12 months)
• Manages regulatory reviews including inquiries, audits, and exams

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees