VP, Compliance - Trade Surveillance, Communications

TD Bank•New York, NY

38d•$150,000 - $180,000

About The Position

The TD Securities US Compliance team is looking for Vice President to join the Trade Surveillance team focused on Communications. 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

Bachelors degree or progressive work experience
Minimum 5-7 Years of related experience

Nice To Haves

Undergraduate degree required
5-10 years of experience in Surveillance in Communications.
Surveillance experience at peer firm or regulator is preferred
Relevant professional designations such as FINRA Certified Compliance Officer Program
Basic knowledge of Equities, Fixed Income and FX is required
Knowledge of the US markets and regulations of communications by Sales and Trading staff within Markets, as well as trading in Equities, Options, Futures, Fixed Income products and FX and Commodities.

Responsibilities

Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
Protect the interests of the organization - identify and manage risks, and escalate non-standard, high-risk activities as necessary
Conduct reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices
Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist
Acquire and apply expertise in the discipline, provide guidance and direction to others
Identify, recommend and effectively execute standard practices applicable to the discipline
Adhere to internal policies/procedures and applicable regulatory guidelines
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
Familiarize with key stakeholders including the front office teams as well as the support functions including Technology and Operations
Build relationships with Compliance Advisory team by working closely with them on regulatory requests and alert escalations
Co-ordinate requests to and from, business (Compliance) partners and coordinate tracking and reporting of Compliance function initiatives and programs
Prepare summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders
Proactively identify matters requiring additional review, escalation, and liaise with appropriate staff to resolve, as appropriate
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication and/or escalation of issues
Network with other colleagues in Global Surveillance and the wider Compliance teams and showcase presence
Provide coverage to other colleagues for surveillance modules covered during cross training sessions
Volunteer to present cases/escalations during monthly meeting and team members should participate in the discussion
Gain an understanding of new communications surveillance modules and surveillance tools
Keep current on emerging trends/ developments and enhance knowledge of the business, related tools and techniques.
Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
Ensure T+1 timeline for communications surveillance is adhered to, except in any special circumstances
Analyze alerts and relevant data to determine whether a communication involves violations law, rules and regulations and/or firm policies
Familiarize with the emerging trends pertaining to regulatory changes and remain updated on trends related to communications surveillance (e.g., market abuse, regulatory expectations, etc).
Proactively identify matters requiring additional review and when to escalate to Surveillance Management and Advisory Compliance partners
Develop a thorough understanding of multiple market manipulation surveillance patterns and continuously look for efficiencies and enhancements to the work
Identify the gaps and improvements such as how the surveillance patterns can be enhanced or calibrated more effectively
Update the case management tool for every escalation and follow-up on pending open items on a regular basis, consistent with department procedures and regulatory expectations.
Coach and educate new joiners to drive compliance training, leveraging various tools such as recent regulatory fines to using complex exceptions that required further investigation
Execute on more complex and non-standard requests and escalations
Engage in consultation for calibration and bringing ideas or proof of concept that can improve the reviews
Support audit related activities by providing documentation and relevant subject matter expertise
Participate in surveillance projects that are critical to the department and pertaining to Communications Surveillance
Participate and contribute to Surveillance department meetings, monthly touchpoints, bi-weekly Supervision and Surveillance meetings
Work closely with the other stakeholders, such as Advisory Compliance, the Trading desks and Technology.
Provide support in enhancing the surveillance system through the Surveillance departments calibration process, including reviewing alerts, risk scoring of alerts, and possible parameter changes
Provide support to the regional Compliance teams by ensuring they have all the pertinent information to address their remediation of regulatory risk specific to their region