Work Location:
New York, New York, United States of America
Hours:
40
Line of Business:
Compliance
Pay Detail:
150,000 - 180,000 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:
Preferred Qualifications:
The VP, Compliance - Model and Data Governance is responsible for ensuring AI and data usage within TDS Compliance aligns with enterprise strategy and governance principles. The role also involves monitoring the performance of AI models and agents to ensure effective and sound implementation. In addition, the role will work closely with data scientists and data analysts within the Compliance Intelligence Unit, as well as the broader TDS Compliance and Compliance Technology towards effective and timely implementation of the TDS Compliance AI and data strategy.
The Global Compliance Department oversees regulatory compliance across TDBG in accordance with the Global Compliance Operating Framework. The department promotes regulatory compliance by developing and maintaining compliance programs, identifying and disseminating regulatory developments to supported businesses, maintaining Compliance policies, managing complaints and regulatory filings, providing relevant training, carrying out independent monitoring and oversight activities, reporting on the state of compliance to the Board, UDP and senior management, as needed, and providing advice and support, as required.
Role Scope
• Work with the rest of the Compliance Intelligence Unit as a senior Compliance professional focused on data, AI integration, enterprise governance, and program enhancement.
• Ensure Compliance data accessibility and quality, and adherence to enterprise data and AI usage standards.
• Operate as a leader of change and a culture-carrier for excellence and continuous improvement across Compliance program enhancement activities.
• Execute the role in support of a highly effective, efficient, focused, embedded and sustainable surveillance program.
Functional Accountabilities
AI, Advanced Analytics and Compliance Data
• Monitor performance of AI models and agents.
• Build and maintain business intelligence dashboards.
• Evaluate AI usage within Compliance to ensure impact, scalability, safety and sustainability.
• Define requirements for ingestion and integration of data in the Compliance Data Repository.
• Define requirements for data quality across all data used in Compliance, including completeness, timeliness, accuracy and lineage.
• Ensure AI and data usage within Compliance adheres to enterprise standards and governance.
Program Enhancement and Regulatory Alignment
• Lead reviews of the current program and work with Advisory Compliance, Technology, and first line of defense business and risk and control partners to enhance the program consistent with regulatory expectations.
• Align program enhancement activities to expectations of relevant regulatory authorities, including SEC, CFTC, Federal Reserve, OCC, Financial Conduct Authority, MAS, HKMA and UK PRA.
• Support strategic focus and actively work with IT, Communications Surveillance leadership and Trade Surveillance leadership to produce a highly effective, efficient, focused, embedded and sustainable surveillance program.
• Coordinate and participate in vendor and client roundtable forums and industry conferences or events focused on surveillance.
• Support the documentation and enhancement of policies and procedures to ensure the program is documented and evidenced consistent with firm and regulatory requirements.
Shared Governance and Leadership Accountabilities
• With business and other Risk partners, promote a strong governance and control environment with periodic assessments against industry practices.
• With Risk, ensure the Bank operates within the compliance risk appetite and that operational risk from a Compliance standpoint is effectively mitigated, assessed and managed.
• Remain current on emerging risks, trends and evolving regulatory requirements for Compliance and the QM and QAR teams.
• Build a positive, diverse and open work environment by continually improving efficiency, sharing deep knowledge and skills, and encouraging the team to deliver results.
• Attract, develop and retain talent, and maintain an active talent pipeline.
• Advance TD's leadership development, colleague experience and diversity agenda.
Required Experience and Technical Competencies
Markets, Compliance and Surveillance Experience
• Minimum of 5 years of bank/broker-dealer compliance or related experience, or first line business risk and controls experience.
• Strong product knowledge of equities, options, futures, FX, rates, currencies and fixed income products.
• Familiarity with leading surveillance vendors.
• Deep understanding of global market conduct and market abuse laws, rules and regulations, as well as compliance strategies and risk management methodologies for measuring, monitoring and reporting conduct and market manipulation risk.
Data, Quantitative and AI Competencies
• Strong quantitative skills and ability to program or prototype surveillance patterns and models.
• Deep understanding of Compliance data requirements, data quality tooling, data quality reporting and governance.
• Outstanding leadership and technical skills.
• Innovative, creative and collaborative approach to change management.
Operating Model Experience
• Demonstrated expertise in change management, project management and surveillance operations, including remediation, ongoing monitoring of surveillance operations, data defects and data remediation.
• Demonstrated ability to execute project deliverables in a timely and high-quality manner.
• Demonstrated ability to collaborate with diverse stakeholders and functions, including first line business partners, Risk, Technology and Audit, and to build effective working relationships with those stakeholders and constituents.
General 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.
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
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.
