TD Bank

Compliance Risk Assessment Senior Associate

TD Bank • $72K — $117K *
Mount Laurel, NJ 08054In-Person
Finance & Insurance
5 - 7 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Undergraduate degree or relevant work experience.
  • 5+ years in regulatory, compliance, or risk management roles.
  • Familiarity with conducting Compliance Risk Assessments preferred.
  • Experience in large-scale regulatory remediation with top-tier banks.
  • Strong communication and interpersonal skills.

Responsibilities

  • Support the U.S. Compliance Risk Assessment management and facilitation.
  • Manage the Compliance Risk Assessment framework to identify regulatory compliance risks.
  • Facilitate the Compliance Risk Assessment process for timely completion.
  • Assist in defining regulatory issues and remedial action plans.
  • Identify methodology deviations and quality deficiencies during assessments.

Benefits

  • Opportunities for skill development and career growth.
  • Access to training and coaching for continuous improvement.
  • Engagement with a supportive team environment encouraging collaboration.
Full Job Description
Work Location:
Charlotte, North Carolina, United States of America

Hours:
40

Pay Details:
$72,280 - $117,520 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:
Compliance
Job Description:

Role Description:
  • Supports the U.S. Compliance Risk Assessment lead with managing and facilitating the U.S. Compliance Risk Assessment.
  • Supports the management of the Compliance Risk Assessment framework to ensure the applicable regulatory compliance risks and internal controls are identified and assessed to determine the risk profile for in scope laws/regulations as they pertain to respective businesses and across legal entities
  • Supports the facilitation of the Compliance Risk Assessment and manages the assessment process, including ensuring timely and quality completion of the assessment through the lifecycle stages
  • Where necessary, support Oversight Functions and their covered businesses with defining and logging regulatory issues and/or remedial action plans
  • Support the review of aggregated results and identify methodology deviations, quality deficiencies and potential points of challenge
  • Support program reporting analytics and insights in collaboration with the Compliance Data Analytics and Insights team
  • Assist with continuous enhancements to the target state design and methodology of the Compliance Risk Assessment framework
  • Possesses functional knowledge of U.S. banking regulations (e.g., Federal Reserve) as well as banking products and services. Additionally, a risk management / internal control mindset to apply and assess risk identification / mitigation is essential.


The above details are specific to the role which is outlined in the general job profile summary below. Please review Desired Skills and Experience below as you consider this opportunity.

Job Profile Summary:

The Senior Compliance Governance & Operations Analyst provides a range of research, analytical and/or operational process support within a defined area of the function. Supports implementation activities related to initiatives including the development of and maintaining enterprise Compliance programs. This role may interact with key stakeholders and third-party service providers to deliver Compliance programs that satisfy regulatory requirements.

Depth & Scope:
  • Expected to exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to regulatory risk matters.
  • Empowered to make prudent professional decisions in rendering advice and counsel to business lines or assigned areas on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives.
  • Provides responses to regulatory agencies and Internal Audit. Interacts directly and independently with auditors and regulatory agencies and provides approval for document submissions to these entities, based on professional judgment regarding responsiveness and appropriateness.
  • Acts as the primary subject matter expert for certain Compliance Program elements and is expected to make decisions regarding compliance with these Program requirements and to escalate instances of non-compliance.
  • Works independently as the senior analyst/subject matter expert and may coach and educate others
  • Oversees and/or independently performs tasks from end to end
  • Applies expert knowledge of business operations, products, services, methods and operating standards to drive unit or team performance and provides training to other team members based on expert knowledge
  • Executes on more complex and/or non-standard requests
  • Researches and investigates a range of operational/reporting/process issues and provides recommendations to senior management across the enterprise (including Global partners)
  • Recommends and implements solutions within own area of responsibility that impact the strategies and objectives of the Department
  • Coordinates/integrates work with other areas as needed
  • Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise
  • Requires advanced technical/business/function knowledge for discipline supported
  • High level of complexity in operational/reporting/process and/or analysis function requiring medium to longer term focus
  • Represents the group as the lead or subject matter expert on projects/initiatives and/or at meetings across the organization


Education & Experience:
  • Undergraduate degree or equivalent work experience
  • 5+ years of experience


Desired Skills & Experience
  • Minimum of 5 years of prior regulatory, compliance, and/or risk management experience
  • Familiarity with conducting a Compliance Risk Assessment preferred
  • Experience working with top tier banks in large scale, cross-functional regulatory remediation
  • Familiarity with laws, rules, regulations, risks and taxonomies related to consumer and commercial banking, securities (broker-dealer), and wealth management businesses
  • Excellent written, verbal and analytical skills
  • Highly motivated, strong attention to detail, team oriented, organized
  • Strong interpersonal and presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
  • Ability to work collaboratively with cross-functional partners across the three lines of defense
  • Demonstrates advanced proficiency in desktop tools including, but not limited to, Microsoft Office Suite


Customer Accountabilities:
  • Provides Compliance research, evaluation, operational, reporting and/or analytical support in oversight and control function to internal (Compliance) partners, in a timely manner
  • Coordinates requests to and from, business (Compliance) partners and coordinates tracking and reporting of Compliance function initiatives and programs
  • Prepares and delivers summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders
  • Recommends responses to enterprise Compliance Program questions and immediately escalates any sensitive issues according to departmental procedures
  • Analyzes data and draw conclusions to meet program health reporting requirements
  • Analyzes emerging trends pertaining to regulatory changes, reporting or other departmental functions and provides recommendations to enhance or rectify Compliance - related gaps, issues and enhancements
  • Proactively identifies matters requiring additional review, escalation, and liaises with appropriate staff to resolve, as appropriate


Shareholder Accountabilities:
  • Contributes to various activities and processes as assigned
  • Adheres to enterprise frameworks or methodologies that relate to activities for own business area
  • Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
  • Be knowledgeable of practices and procedures within own area of responsibility and keeps abreast of emerging trends for own functional area
  • Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high risk activities as necessary
  • Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
  • Conducts reporting and/or meaningful analysis at the functional or enterprise level using results to draw conclusions, makes recommendations, assesses the effectiveness of programs/policies/practices
  • Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exists
  • Acquires and applies expertise in the discipline, provides guidance, assistance and direction to others
  • Identifies, recommends and effectively executes standard practices applicable to the discipline
  • Adheres to internal policies/procedures and applicable regulatory guidelines
  • Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
  • Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
  • May lead work streams by acting as a project lead/subject matter expert for small scale projects/initiatives in accordance with project management methodologies


Employee/Team Accountabilities:
  • Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest
  • Supports the team by continuously enhancing knowledge/expertise in own area and participate in knowledge transfer within the team and business unit
  • Keeps current on emerging trends/ developments and grows knowledge of the business, related tools and techniques
  • Participates in personal performance management and development activities, including cross training within own team
  • Keeps 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
  • Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provides training, coaching and/or guidance as appropriate
  • Contributes to a fair, positive and equitable environment that supports a diverse workforce
  • Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally


Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Never
  • Performing sedentary work - Continuous
  • Performing multiple tasks - Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds - Occasional
  • Sitting - Continuous
  • Standing - Occasional
  • Walking - Occasional
  • Moving safely in confined spaces - Occasional
  • Lifting/Carrying (under 25 lbs.) - Occasional
  • Lifting/Carrying (over 25 lbs.) - Never
  • Squatting - Occasional
  • Bending - Occasional
  • Kneeling - Never
  • Crawling - Never
  • Climbing - Never
  • Reaching overhead - Never
  • Reaching forward - Occasional
  • Pushing - Never
  • Pulling - Never
  • Twisting - Never
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - Continuous
  • Reading, writing and comprehending instructions - Continuous
  • Adding, subtracting, multiplying and dividing - Continuous


The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

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