Work Location:Toronto, Ontario, Canada
Hours:37.5
Line of Business:Compliance
Pay Details:$160,000 - $215,000 CAD
Job Description:Position SummaryReporting to the Vice President, Wealth and Insurance Compliance, the Assistant Vice President, Wealth & Insurance Compliance is a senior second line executive responsible for providing leadership and oversight of centralized Compliance programs, Regulatory Compliance Management (RCM) activities, and regulatory risk oversight across TD Wealth and TD Insurance businesses.
The role is accountable for maintaining an effective, risk-based Compliance program that is aligned with the Enterprise Regulatory Compliance Management Framework, regulatory expectations, and TD's strategic priorities.
Individual Role Accountabilities and Decision AuthoritiesAccountabilities adhere to the TD Compliance Department Mandate and are executed in accordance with key Compliance Program elements and processes established within the Enterprise Regulatory Compliance Management Framework.
Regulatory Compliance Management & Centralized Program Leadership- Lead Wealth and Insurance Compliance oversight of centralized programs and second line functions, including Regulatory Compliance Management (RCM), Risk and Control Self-Assessments (RCSA/RCRA), Regulatory Change Management, Monitoring & Testing, Training, Governance, Issues Management, GRIC, Reporting, Data Management, and related enterprise initiatives.
- Oversee and manage regulatory risk across Wealth and Insurance businesses by providing executive ownership of Compliance assessments of the regulatory risk management environment and compliance program effectiveness.
- Lead the development, implementation, maintenance, and enhancement of Wealth and Insurance Compliance oversight programs to ensure ongoing alignment with Enterprise standards and evolving regulatory expectations.
- Lead and support execution of Compliance department strategic priorities, ensuring alignment of Wealth and Insurance Compliance programs with enterprise priorities, business objectives, and regulatory risk outcomes.
- Assess governance, procedures, controls, reporting, and supporting infrastructure that facilitate execution of the Enterprise RCM Framework and fulfillment of the Compliance mandate.
- Oversee the development, maintenance, implementation, and continuous improvement of Compliance policies, procedures, and program documentation, including applicable Compliance Manuals.
- Support annual Compliance self-assessments and RCM assessments that contribute to Chief Compliance Officer opinions and Enterprise reporting requirements.
- Support governance, reporting, and escalation through Compliance governance forums, including preparation of materials, insights, and recommendations on Compliance program effectiveness, regulatory risk themes, and emerging issues.
- Support regulatory exams processes and audit management
- Oversight of regulatory filings and reporting
- Maintain practices and procedures that effectively identify, assess, monitor, report, and manage regulatory compliance risks.
Regulatory and Conduct Risk Oversight- Provide independent oversight and challenge regarding regulatory compliance and conduct risk management across Wealth and Insurance businesses.
- Lead Compliance assessments of business control environments and monitor emerging regulatory risks, industry developments, and conduct risk trends.
- Provide executive oversight of issue identification, escalation, remediation, validation, and reporting activities.
- Support development and ongoing monitoring of Compliance Risk Appetite measures and associated reporting.
- Where assigned, lead or oversee remediation initiatives impacting Wealth, Insurance, or broader Compliance programs.
- Support executive, Board, and committee reporting related to regulatory developments, compliance risks, conduct risks, and program effectiveness.
Strategic Transformation and Operational Excellence- Drive continuous improvement of Wealth and Insurance Compliance through technology enablement, automation, enhanced data analytics, process simplification, and operational modernization.
- Champion innovative approaches to monitoring, testing, regulatory change management, governance reporting, and risk oversight.
- Act as a thought leader across Compliance in addressing complex regulatory issues, emerging risks, and strategic challenges.
- Develop and maintain strong relationships with senior leadership across Wealth, Insurance, Compliance, Risk, Legal, and Corporate functions.
- Translate Compliance department strategic priorities into actionable plans, deliverables, and operating routines that strengthen program effectiveness, governance discipline, and execution consistency.
Leadership Accountabilities- Lead and develop a high-performing team of Compliance professionals.
- Foster a culture of accountability, collaboration, inclusion, innovation, and continuous improvement.
- Build organizational capability through coaching, development, succession planning, and knowledge sharing.
- Contribute actively as a member of the Compliance Leadership Team and support enterprise-wide Compliance priorities and initiatives.
- Provide leadership support for Compliance policy and procedure governance, including clear ownership, periodic review, change management, and effective communication of requirements across Wealth and Insurance Compliance.
Experience and Skills:- 10 + years' relevant work experience
- University degree required: Post Graduate degree preferred;
- Relevant training and industry certifications, including registration as Chief Compliance Officer (accreditations, proficiencies and course completions, e.g. Canadian Securities Course)
- Regulatory experience and experience in compliance or risk management programs is highly-desirable, with preference for candidates who can demonstrate development of program elements and/or implementation of regulatory change management
- Deep regulatory, financial industry and operational knowledge and proficiencies
- Ability to assess compliance risk to prioritize issues.
- Strong Control/Risk Management mindset.
- Forward looking and able to drive and implement change
- Data fluency & leveraging technology to drive productivity and effectiveness improvements
- Strong people leader which facilitates the Carrying out TD's People Strategies to attract, retain, develop and engage a highly qualified team
- Ability to manage large number of complex issues and priorities effectively at the same time, and juggle priorities as demands warrant.
Our Total Rewards PackageOur Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
Additional Information:We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
Colleague Development If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & OnboardingWe will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.
Interview Process We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):Sans Objet
