Senior Compliance Business Oversight Manager - US Wealth

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:

Department Overview:

Why Work with Us?

At TD Bank US Compliance, we're on a mission to build a more resilient and scalable compliance risk management function. As part of our team, you'll play a key role in reshaping compliance structures and processes, driving innovation at every level. Here, each team member has a chance to make a tangible impact – both in day-to-day operations and in the design of a future-focused compliance program. This not just about implementing a new program – it's about creating a culture of compliance that will cascade throughout the organization.

The Ideal Candidate

The ideal candidate will thrive in a fast-paced, start-up-like setting as we build a new compliance structure that aligns with the bank’s size, complexity, and risk profile. In this role, you’ll need to be strategic, tactical, collaborative and creative in your approach. You will manage day-to-day operations while also helping design and implement a forward-thinking compliance program for the future.

Beyond technical expertise, we’re looking for someone with an entrepreneurial mindset—someone who can "roll up their sleeves", takes the initiative and can anticipate needs before they arise. A comfort level with ambiguity and the ability to excel in a dynamic, evolving landscape are essential as the US Compliance team redefines the bank's compliance program and structure.

Most importantly, the right candidate is seeking an intellectual challenge, has a desire to learn, and is committed to building something impactful from the ground up. At TD Bank, you’ll have the unique opportunity to help shape the future of the bank while collaborating with a team of enthusiastic colleagues dedicated to setting new industry standards.

U.S. Wealth Compliance acts as an independent regulatory compliance and conduct risk management and oversight function as described in the U.S. Compliance Operating Framework (COF) including:

• •Compliance-wide frameworks, guidelines and standards for testing, monitoring, risk assessment, reporting and other activities;
• •Internal Audit, regulatory exam, and ongoing supervision management, finding tracking, and remediation oversight;
• •Foster a culture of integrity, ethics and compliance across the organization to manage and mitigate regulatory compliance and conduct risks;
• •Contribute to growth, innovation, and efficiency, within risk appetite, through expert objective guidance and independent challenge.

U.S. Wealth is a fully integrated wealth management business that provides products and services (designed for High-Net-Worth, Institutional and Mass Affluent clients of TD Bank, N.A. encompassing banking, custom credit, asset management, securities, investment advisory and insurance) through multiple legal entities (TD Bank N.A., TD Private Client Wealth LLC and TD Wealth Management Services Inc) with independent and complex regulatory regimes.

The Financial Advisors, Relationship Managers, and Investment Advisors who are part of the client-facing Distribution teams are both securities-registered and insurance-licensed. Additionally, the Trust Advisors support both personal and corporate trust. The Wealth Mortgage Lending Officers (WMLO) and the Wealth Lending Advisors (WLA) who support the lending activities of Wealth Banking.

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:

• •Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas
• •Senior specialist providing advisory services to executives, business segment leaders and governs the requirements for own work
• •Integrates knowledge of the enterprise function’s or business segment’s overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise
• •Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements
• •Serves as a source of expert advice to senior management in field of specialty
• •Advises on execution strategy and leads the development and deployment of functional programs or initiatives within their own field or across multiple specialties
• •Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of their own field
• •Requires innovative thinking to develop new solutions
• •Impacts the technical or functional direction and resource allocation of part of an enterprise function or business segment
• •Works within general policies and industry guidelines
• •Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader organizational context
• •Provides leadership guidance, makes recommendations and collaborates with business to facilitate that solutions meet the business needs on a complex project or program
• •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

Preferred Background & Experience:

• •Prior success in building and developing a team within US Wealth Compliance
• •Experience working in an integrated wealth business as a bank subsidiary, a focus on securities investment management and fiduciary activities, state insurance regulatory requirements and securities regulatory requirements for activities involving the recommendation or sale of non-deposit investment products (NDIP) to retail bank customers.
• •FINRA Series 7, 63 and 24.
• •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 Suite.
• •Ability to independently identify, assess, and escalate issues requiring senior management attention.
• •Demonstrated business writing abilities.
• •Experience writing policies, policy guidance, procedures, and training.
• •Experience reviewing and providing guidance on advertising and marketing materials for a broker-dealer/bank.

Customer Accountabilities:

• •Proactively advises the business of new and changed Compliance regulatory and/or policy changes
• •Formulates relevant and meaningful data analysis, leveraging advanced