TD Bank

Vice President, Compliance - Monitoring & Testing, US Compliance Oversight Program - TD Securities (US)

TD Bank • $150K — $180K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
4 weeks ago
Job Overview by Ladders

Qualifications

  • BA/BS required; JD preferred.
  • 7+ years of experience in compliance, particularly within broker-dealers or GSIBs.
  • Strong knowledge of global security and derivatives markets.
  • Expertise in compliance laws, rules, and regulatory frameworks.
  • Advanced skills in audit concepts and control evaluation.
  • Excellent communication and leadership abilities, with client-service orientation.
  • Strong analytical and project management capabilities.

Responsibilities

  • Develop and implement the Compliance Oversight program.
  • Collaborate globally to assess and enhance monitoring plans.
  • Evaluate testing routines for effectiveness and compliance standards.
  • Monitor program effectiveness for senior management review.
  • Communicate compliance deficiencies and provide constructive feedback.
  • Maintain and update compliance procedures and documentation.
  • Participate in working groups and special projects to improve compliance functions.

Benefits

  • Comprehensive health insurance options.
  • 401(k) plan with company match.
  • Professional development opportunities.
  • Flexible work arrangements.
  • Paid time off and holiday leave.
Full Job Description
Work Location:
New York, New York, United States of America

Hours:
40

Line of Business:
Compliance

Pay Detail:
$150,000 - $180,000 USD

We are looking to hire a new Vice President, Compliance at TD Securities (US) to be a key member of TDS US Compliance Monitoring & Testing (M&T) Team, responsible for working on developing, implementing and coordinating the Compliance Oversight program of first line Risk Owner (RO) activities contributing to the overall Compliance coverage plan. The M&T Team sits within Core Compliance and covers the TDS US and global businesses, working with regional teams across the globe. The VP Compliance will also support other aspects of the Core Compliance program as needed.

Key Responsibilities:
  • Assist with developing, implementing, and coordinating the Compliance Oversight program, including evaluating program design, analyzing Risk Owner testing and monitoring routines contributing to Compliance coverage plans, and enhancing and implementing key program elements.
  • Collaborate with colleagues globally to evaluate and coordinate RO and Compliance Test and Monitoring Plan coverage of key risks and business units.
  • Evaluate the viability of RO's test and monitoring routines against firmwide standards, procedures and best practices, documenting analysis of test and monitoring coverage, execution methodology, sampling adherence and record creation.
  • Monitor and communicate program effectiveness to stakeholders and senior management to ensure program viability and coverage integrity.
  • Communicate deficiencies to key stakeholders, and exercise credible challenge.
  • Maintain and update procedures, templates and tools in support of the Oversight program.
  • Support issue management, and a culture of compliance across the enterprise.
  • Participate in, and contribute towards, working groups and collaborative efforts.
  • Participate in special projects as they arise to enhance the overall Core Compliance functions.


Preferred Qualifications:
  • BA/BS or a similar degree required. JD desirable but not required.
  • 7+ years of experience with a registered US broker dealer, swap dealer, Global Systematically Important Bank (GSIB), or associated regulator.
  • Firm understanding of global security and derivative products, markets and systems at financial institutions including operational, trading, and deal management practices and activities.
  • Firm understanding of financial product laws, rules and regulatory landscape, and a willingness to learn new regulatory areas impacting products, behaviors and market participants.
  • Advanced knowledge of testing or audit concepts and principles, as well as control analysis and evaluation.
  • Excellent interpersonal, organizational, leadership and communication (oral and written) skills.
  • Client service skills - experience demonstrating sound judgment and close partnership with senior managers and other stakeholders globally, as well as relationship and network building that fosters advancement of collaborative working relationships.
  • Strong analytical skills with attention to detail, data evaluation and the ability to comprehend complex compliance related markets and business issues.
  • Self-starter with ability and penchant for learning new business areas and developing understanding of financial institution's products and regulatory requirements and obligations.
  • Advanced project management skills and ability to manage multiple work streams simultaneously while engaging with different partners and groups.
  • Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills.
  • Proficient in Excel, Word, PowerPoint and SharePoint.


*General Job Description:

The VP 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.

Key Responsibilities:
  • Assist with the development, implementation and coordination of the Compliance Monitoring program, including evaluating program design elements, analyzing routines for inclusion into the program, enhancing and implementing key program aspects and coordinating program elements with stakeholders across all lines of defense.
  • Collaborate with colleagues globally to develop and enhance ongoing and potential Monitoring Activities ("MA").
  • Evaluate and enhance the viability of MAs through scope and sampling alignment; support MA execution improvements; collate, document and evidence organization and record retention.
  • Conduct quality assurance of MAs against the enterprise standards and help to maintain efficient and effective coverage.
  • Maintain and update procedures and templates as required.
  • Monitor program progress and develop MIS reporting for ongoing tracking and evaluation of Monitoring Activities.
  • Communicate deficiencies to key stakeholders and exercise credible challenge.
  • Assist Compliance testing with test execution that contributes to the overall Compliance Coverage plan.
  • Support issue management and support a culture of compliance across the enterprise.
  • Participate in, and contribute towards, working groups and collaborative efforts.
  • Participate in special projects as they arise to enhance the overall Core Compliance functions


Depth & Scope:
  • Works independently and is accountable for managing a specialized compliance area, business or function and leads a team of specialists
  • Subject matter expert for a functional area
  • Key contact for business management, regulators and external/internal auditors, dealing with non-routine information
  • Focuses on short to mid- range planning (e.g. 6-12 months)
  • Manages regulatory reviews including inquiries, audits, and exams


Education & Experience:
  • Bachelors degree or progressive work experience
  • 5-7 Years of related experience 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.

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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