TD Bank

Senior Compliance Business Oversight Manager EPOCH (US)

TD Bank • $124K — $186K *
New York, NY 10025In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Undergraduate degree or equivalent work experience
  • 10+ years of compliance, legal, audit, risk, or regulatory experience
  • Strong background supporting registered investment advisers
  • Experience with institutional asset managers or complex bank-owned RIAs
  • Proficiency in managing SEC examinations and compliance risk assessments

Responsibilities

  • Provide compliance oversight and guidance to business leaders
  • Lead key elements of the RIA compliance program
  • Manage the execution of the Compliance testing plan
  • Support SEC examinations and regulatory inquiries
  • Develop and implement strategic compliance initiatives

Benefits

  • Comprehensive training and skill development opportunities
  • Supportive growth culture that promotes merit-based advancement
  • Open dialogue encouraged regarding compensation and roles
  • Robust employee performance management system
  • Strong emphasis on teamwork and a diverse work environment
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Pay Details:
$124,280 - $186,160 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:

Core Required Capabilities

  • Institutional RIA regulatory expertise. Demonstrates deep working knowledge of the Investment Advisers Act of 1940, SEC Rule 206(4)-7 compliance program expectations, fiduciary obligations, Form ADV requirements, books and records, code of ethics, personal trading, marketing, custody, valuation, proxy voting, best execution, and conflicts management as applied to an institutional asset management business.
  • Independent compliance oversight and credible challenge. Provides objective guidance and independent challenge to business leaders, portfolio management, trading, operations, client service, technology, risk, and legal partners. Identifies when business practices, controls, disclosures, or governance require enhancement and can support conclusions with sound regulatory analysis.
  • CCO delegate mindset with clear escalation discipline. Operates with a high degree of independence and can make well-reasoned compliance decisions within delegated authority, while keeping the CCO informed of material developments, emerging risks, regulatory matters, significant control gaps, and decisions that may require executive judgment.
  • Compliance program ownership. Owns or materially leads key elements of the RIA compliance program, including policies and procedures, annual review support, monitoring and testing coordination, regulatory change impact assessment, issue identification and remediation oversight, training, reporting, and governance materials.
  • Institutional investment adviser business fluency. Understands institutional asset management products, strategies, client types, investment guidelines, discretionary portfolio management, trade lifecycle, model and portfolio implementation processes, vendor and affiliate dependencies, and operational risks that may affect regulatory compliance.
  • Risk assessment and control effectiveness judgment. Can assess inherent and residual compliance risk, evaluate the design and operating effectiveness of controls, identify root causes, distinguish isolated exceptions from systemic issues, and recommend practical, risk-based remediation actions.
  • Regulatory exam and inquiry management. Has the judgment and organizational discipline to support or lead SEC examinations, regulatory inquiries, audit reviews, document productions, management responses, remediation plans, and regulator-facing narratives in a manner that is accurate, complete, well-controlled, and appropriately escalated.
  • Enterprise risk and bank-owned RIA awareness. Understands the heightened governance, reporting, affiliate, and reputational considerations that arise when an investment adviser operates within a bank-owned environment, including coordination across enterprise compliance, operational risk, legal, audit, technology, and business governance forums.
  • Governance, reporting, and executive communication. Produces clear, concise, and decision-useful reporting for the CCO, senior management, committees, boards, and control partners. Can translate complex regulatory issues into key risks, impacts, decisions needed, ownership, target dates, and evidence of remediation.
  • Strategic execution and prioritization. Independently prioritizes competing regulatory, business, exam, and remediation demands. Develops practical roadmaps, sequences work based on risk, and delivers high-quality results under time-sensitive conditions.
  • Professional judgment, integrity, and accountability. Demonstrates sound judgment, intellectual curiosity, discretion, courage, and a strong control mindset. Takes ownership of work product, raises concerns early, and protects the independence and credibility of the compliance function.


Expected Operating Model

  • Acts as a senior day-to-day compliance lead for the institutional RIA program under the direct supervision of the legal entity CCO's.
  • Escalates material issues, regulatory concerns, significant control weaknesses, conflicts, policy exceptions, and reputational matters promptly and with recommended actions.
  • Maintains regular, proactive communication with the CCO, including concise updates on key risks, workstream status, unresolved decisions, and upcoming regulatory or governance deadlines.
  • Builds strong working relationships with business and control partners while maintaining appropriate independence and second-line challenge.
  • Documents decisions, rationale, approvals, issue disposition, and remediation evidence in a manner that can withstand regulatory, audit, or board review.


Job Summary:

The Senior Compliance Business Oversight Manager provides advice, support and objective guidance to assigned portfolio, business or function on development and maintenance of all aspects of Compliance/Center of Excellence programs in line with the Bank's risk philosophy and strategic direction.

Depth & Scope:
  • Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
  • Responsible for the timely execution of the Compliance testing plan
  • Typically deals with senior/executive management in communicating Compliance testing results
  • Leverages deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management/enterprise areas through testing engagements
  • Provides guidance and clarity around priorities and goals for Compliance testing program and works with managers to ensure the goals cascade to all workers
  • Guides talent identification and development processes
  • Key contact for dealing with a range of complex issues, including non-routine information
  • Manages and prioritizes the team to deliver on multiple reviews and projects at a given time
  • Identifies and leads problem resolution for project/program complex requirements related issues at all levels


Education & Experience:

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


Desired Qualifications:

  • Typically requires 10 or more years of relevant compliance, legal, audit, risk, or regulatory experience, with meaningful experience supporting registered investment advisers.
  • Prior experience with an institutional asset manager or complex bank-owned RIA is strongly preferred.
  • Experience with SEC examinations, annual compliance reviews, policies and procedures, regulatory change management, and compliance risk assessments is expected.
  • Experience leading projects, influencing senior stakeholders, and mentoring or directing compliance professionals is strongly preferred.
  • Relevant legal, compliance, securities, or investment management credentials may be additive, depending on the role scope and business needs.


Customer Accountabilities:

  • Manages teams of compliance testing specialists and/or managers in the execution of Compliance Testing engagements and validation of action plans in accordance with established standards
  • Conducts skilled analytical research and analysis as part of the testing engagement and initiatives
  • Develops, implements, tracks, and reports on Compliance testing schedules
  • Provides overall strategic direction to support the Compliance Testing Program, Procedures, and processes so that they stay current with established standards and regulatory expectations
  • Acts as a subject matter expert and strategic advisor by providing guidance on Compliance issues to management, business units, and respective teams for area of specialization
  • Reports on emerging trends, identifying risks and opportunities, and recommending action to senior management
  • Understands risk identification, risk analysis, and risk mitigation according to the regulatory requirements and best business practices
  • Supports relationships with key partners to effectively manage and clarify scope of accountabilities while influencing and aligning others as needed
  • Provides functional/business level communications to stakeholders and/or leaders that are consistent, appropriate, and aligned with strategic direction


Shareholder Accountabilities:

  • Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverages TD's operating model to maximize efficiency, effectiveness and scale
  • Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
  • Maintains extensive knowledge of business units and regulatory requirements/compliance issues within the Compliance area
  • Provides subject matter expertise, complex analysis and advice to business partners/team and applies knowledge in following up on outcomes, investigating and/or enforcing policy
  • Identifies and implements opportunities for continuous improvement in the Compliance Testing Program
  • Leads relationships with business lines/corporate and/or control functions to promote alignment with enterprise and/or regulatory requirements
  • Supports team and management in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
  • Assesses/identifies key issues and escalates to management where required
  • Supports the facilitation of action/remediation plans as a result of an internal audit and/or regulator review of Compliance Testing Program
  • 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:

  • Responsible for management of the overall team providing both leadership and guidance
  • Sets targets and objectives for the team, and delivers results
  • Grows team expertise to align with business/enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value delivered
  • Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
  • Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner
  • Manages employees in compliance with all human resources policies, procedures and guidelines of conduct
  • Shares knowledge, information, skills, and subject matter expertise among the team and promotes the timely communication of issues and encourages good working relationships with other functions and teams
  • Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes
  • Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
  • Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
  • 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

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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