Work Location:
New York, New York, United States of America
Hours:40
Line of Business:Compliance
Pay Detail:$200,000 - $225,000 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.
Job Description:Overview:Our TD Securities (US) Compliance department is looking to hire a Director to join our Equities Compliance Advisory team in our New York office (US headquarters).
The successful candidate must possess extensive compliance advisory experience supporting equities sales and trading businesses, with a strong background in Cash and High-Touch equities, with deep expertise in principal trading and market-making activities, as well as OTC and exchange-traded equities. In addition, the role requires demonstrated experience advising on electronic sales and trading platforms, with an understanding of the unique regulatory and supervisory considerations applicable to automated and electronic trading environments, in addition to high touch trading.
The role will focus on strengthening and enhancing the equities compliance program, ensuring alignment with applicable regulatory requirements, supervisory expectations, and industry best practices. The successful candidate will provide real-time, risk-focused compliance guidance to the business, with an emphasis on proactively identifying issues, uplifting controls and governance, and delivering practical solutions that appropriately balance regulatory obligations, firm risk, and evolving regulatory expectations.
Responsibilities:- Advise business areas on firm policies and procedures, regulatory requirements and industry best practices
- Identify regulatory trends and developments that impact business areas, and advise staff as to how this may impact their current activities
- Maintain and Oversee the Firm's Equity & Options Trading activities
- Assist the business on implementing and documenting various supervisory/control mechanisms
- Assist the business on drafting, updating, and implement relevant policies and procedures
- Provide regulatory/compliance training
- Participate in internal investigations, respond to regulatory inquiries, and coordinate internal and external audits and inspections
- Interact with federal and state regulators
- Perform testing and monitoring of compliance with firm policies for covered business areas
- Conduct compliance risk assessments to ensure effective business control framework
- Analyze new regulations and conduct business-based analysis and execute requite implementation
- Provide ongoing reporting to senior management
- Develop and deliver proactive strategies and tactics that support compliance/business objectives
Position Requirements:- Bachelor's degree required; JD degree a plus
- 8+ years of securities advisory experience. Knowledge of trading algorithms, alternative trading systems and market structure preferred.
- Significant experience in providing legal, regulatory or compliance advice to Equity Sales & Trading Business
- Strong knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact. Specifically, FED, FINRA, SEC, OCC, Exchange Level SROs including NYSE, NASDAQ & CBOE.
- Excellent oral and written communication skills
- Ability to make, support and defend difficult and complex regulatory/compliance decisions in a fast-paced and high pressured environment
- Ability to project confidence and professionalism in dealings with senior business personnel
- Strong knowledge of technology infrastructure and global booking models
- Ability to work on multiple projects in a fast paced environment
- Ability to work effectively in a global environment; leveraging and sharing best practices and insights with colleagues globally
*General Job Description:
The Director 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.
Depth & Scope- Accountable for a significant area(s)/broad business units of Compliance that typically has enterprise wide impact or accountability.
- Position deals with senior/executive management.
- Key contact for business management, regulators and external/internal auditors, dealing with a broad range of issues including non-routine information.
- Focuses on longer-range planning for functional area (e.g. 12 months or greater).
- Manages and prioritizes multiple projects at a given time.
Education & Experience: - Bachelors degree or progressive work experience
- 7-10 years related experience at minimum
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.
