TD Bank

Compliance Testing Manager (Wealth)

TD Bank • $91K — $136K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Undergraduate degree or equivalent work experience
  • 7+ years of experience in compliance testing or audit
  • Experience with regulatory compliance testing such as SEC and FINRA
  • Detail-oriented with strong organizational and project management skills
  • Excellent verbal and written communication abilities
  • Proficient in Microsoft Office; experience with advanced analytical tools preferred
  • CRCM certification is preferred.

Responsibilities

  • Plan and oversee independent compliance testing and validations
  • Lead all phases of assigned testing or validation engagements
  • Provide subject matter expertise on compliance controls and processes
  • Execute independent testing as applicable
  • Manage multiple engagements simultaneously while ensuring quality and timeliness
  • Act as primary point of escalation for testing-related issues
  • Collaborate with key stakeholders to support compliance initiatives.

Benefits

  • Opportunities for career growth and skill development
  • Collaborative work environment promoting teamwork
  • Support for maintaining a diverse and inclusive workplace
  • Flexible work arrangements available
  • Participation in personal performance management and development activities.
Full Job Description
Work Location:
Charlotte, North Carolina, United States of America

Hours:
40

Pay Details:
$91,000 - $136,240 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:

U.S. Compliance Monitoring and Testing Team Summary:

U.S. Compliance Monitoring and Testing sits within second line Compliance and is responsible for the execution of independent, risk-based compliance testing and validation activities to assess the effectiveness of operational procedures and controls related to regulatory compliance within business units of TD Bank and its affiliates. Testing activities are designed and executed to specifically test and assess controls and regulatory outcomes in relation to compliance with applicable laws, rules, and regulations. Issue validations are the independent assessment of the appropriateness, completeness, effectiveness, and sustainability of corrective actions taken to address situations defined as issues.

Duties:

The Compliance Testing Manager is responsible for planning and overseeing independent Compliance testing and validations completed by specialists and may execute some independent testing as applicable. This role provides subject matter expertise on Compliance controls/processes and is responsible for leading all phases of the assigned testing or validation engagement. Testing includes but is not limited to Experience with testing SEC, FINRA, MSRB and state securities regulatory requirements; Regulation 9 (bank fiduciary regulatory requirements); state insurance (annuities and life insurance) regulatory requirements.

Job Summary:

The Compliance Testing Manager is responsible for planning and overseeing independent Compliance testing completed by specialists. May execute some independent testing as applicable. This role provides subject matter expertise on Compliance controls/processes and is responsible for leading all phases of the assigned testing engagement.

Depth & Scope:

  • Works independently and be accountable for acting as a lead in executing engagements and provides work direction to others on those engagements
  • Considered subject matter expert in Compliance testing methodologies
  • Provides subject matter expertise and/or guidance to various stakeholders and team members
  • Advanced knowledge of external competition, industry and/or market trends in relation to own function/business
  • Scope of role may have enterprise impact
  • Undertakes and completes a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes within own area of expertise
  • Independently performs concurrent multiple reviews and related tasks from end to end
  • May act as highest point of team escalation for resolution and provides direction to resolve issues or escalates


Education & Experience:

  • Undergraduate degree or equivalent work experience
  • 7+ years of experience


Desired Qualifications:

  • Prior testing, audit or business operations experience in areas involving regulatory compliance.
  • Prior experience with execution of testing, validation or audit activities.
  • Detail oriented and well-developed organizational, time management and project management skills.
  • Strong verbal and written communication skills.
  • Ability to manage multiple tasks and competing priorities.
  • Proficiency with Microsoft Office applications.
  • CRCM certification preferred.
  • Knowledge and experience with risk management environment, standards, and regulations.
  • Knowledge and experience within compliance or audit, legal and regulatory environment, enterprise governance framework, products and services, policies, standards, systems, reporting and training requirements.
  • Knowledge of current and emerging trends, including regulatory expectations and standards for effective compliance management systems.
  • Ability to research, interpret and summarize relevant regulatory expectations, laws, regulations and impacts to Compliance Program elements.
  • Skill in using computer applications including MS Office and Tableau.
  • Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques.
  • Ability to independently identify, assess, and escalate issues requiring senior management attention.
  • FINRA Series 7, 63 and 24 preferred.
  • Experience with testing SEC, FINRA, MSRB and state securities regulatory requirements; Regulation 9 (bank fiduciary regulatory requirements); state insurance (annuities and life insurance) regulatory requirements.


Customer Accountabilities:

  • Executes and manages testing activities in accordance with established standards and strategic direction to achieve completion within target timelines
  • Executes follow-up on findings raised from testing engagements in accordance with established standards
  • Conducts skilled analytical research and analysis as part of testing engagement and initiatives
  • Understands risk identification, risk analysis, and risk mitigation according to regulatory requirements and best business practices
  • Develops strong relationships and works collaboratively with key partners
  • Oversees/leads the testing engagement, including communications and the reporting processes
  • Provides subject matter expertise and/or input to projects/initiatives as a representative for area of specialization
  • Proactively identifies matters which require additional attention, further escalation, or review, and liaises with the appropriate staff to resolve


Shareholder Accountabilities:

  • Prioritizes and manages workload to deliver quality results and meet testing timelines
  • Contributes to the review of internal processes and activities and assists in identifying potential opportunities to improve operational efficiencies for area of responsibility
  • Adheres to internal policies/procedures, enterprise frameworks and methodologies and applicable regulatory guidelines
  • Clearly and concisely documents research as required to understand requirements specific to an engagement
  • Protects the interests of the organization - identifies and manages risks, and escalates non-standard, high risk transactions/activities as necessary
  • Applies subject matter expertise in the discipline, provides guidance, assistance, and direction to others
  • Actively manages relationships within and across various business lines, corporate and/or control functions, and drives alignment with enterprise and/or regulatory requirements
  • Assesses/identifies key issues and escalates to appropriate levels and relevant stakeholders where required
  • Participates in cross-functional/enterprise initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
  • Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
  • Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite


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 promotes timely communication of issues/points of interest
  • Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates 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 team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
  • Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
  • 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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