Td Bank Short Term Assignment - Vice President Regulatory Supervisory Management 

Canada, Ontario, Toronto 

192079324

Toronto, Ontario, Canada

$125,000 - $175,000 CAD

Short Term Assignment - 12 Month Duration

Regulatory and Supervisory Management (RSM) proactively supports TD Securities' Global Markets businesses to achieve sustainable strategies, supervision, operating practices and governance aligned with regulatory requirements and Bank policies and appetite.
This group is responsible for performing the supervision of sales, & trading & origination activities by conducting reviews, documenting findings, and escalating exceptions in accordance with TD Securities policies and procedures.

Regulatory and Supervisory Management (RSM) drives a strong culture of supervision and supervisory engagement, considering industry best practice and regulatory change. The Global Markets Supervision (GMS) team partners with TD Securities' Global Markets Supervisors to meet their accountabilities for the oversight of employee conduct and of market, credit, underwriting, and operational risks. Specifically, GMS facilitates a sustainable First Line Supervision framework that supports effective supervision practices and escalates key issues arising from Global Markets trading, sales and origination business activities; and executes delegated supervision accountabilities on behalf of Business Line supervisors in accordance with Firm policy and regulatory requirements.

Core Accountabilities:

Scope of Supervision accountabilities cover multiple US business lines within our GM US Equities franchise including ADR, US Equities Cash and Options, US Sales, Cross Asset Trading, Institutional Equity Research Sales, as well as our Prime Services offering. As such demonstrable working knowledge with the above-mentioned business and product lines will be highly desirable. Additional core responsibilities include, but are not limited to:

• Manage key relationships with Electronic Trading business line supervisors and serve as primary contact to advise or coordinate with key stakeholders on day-to-day supervision, regulatory or business conduct matters requiring escalation.
• Provide guidance on E-Trading business line Desk Operating Procedures (DOPs) and execute delegated supervisory review accountabilities in accordance with Written Supervisory Procedures (WSP).
• Prepare Monthly Supervision packs for Electronic Trading and assigned business lines and lead meetings with Global Markets Supervisors to analyze key metrics/trends and review market/business conduct escalations; follow up on any action items or take-aways.
• Provide Global Markets Electronic Trading Supervisors with interpretive guidance and best practices relating to key metrics and business conduct issues; accountabilities include but are not limited to:

• Evaluate practical applicability of Firm policies to Electronic and automated (Algo) trading and sales activities in coordination with Compliance or relevant Risk and Control teams.
• Conduct First Line surveillance and business conduct reviews.
• Compile Electronic Trading management reporting on trade capture metrics, regulatory scorecards, policy exceptions and other ad hoc reporting as required.
• Assess implications of Firm policy, regulatory, new business, or best practice changes to the supervision framework.
• Design and implement supervisory controls and procedures, and more specifically those focused on Electronic Trading automated (pre-trade) controls to address regulatory and best practice requirements (e.g. SEC Rule 15c3-5, NI 23-103, MiFID RTS6).
• Present technical matters in forums with Second Line of Defense (2LoD) stakeholders and drive the resolution of issues in a timely manner.
• Vet and coordinate First Line responses to regulatory inquiries in coordination with Compliance, Front Office, RSM teams; and other support groups.
• Interface with Internal and External Auditors / Examiners as needed, and where required assist with remedial work efforts for any open audit and compliance (testing) findings and open gaps.
• Contribute metrics to Conduct Risk Committees and Vice Chair supervision meetings, as well as Co-Head directs supervisory meetings.

• Execute internal control procedures in accordance with the Volcker Enhanced Compliance Program and provide guidance on Trading Desk Policies.
• Assists E-Trading GMS Director with maintenance and enhancements to the US Market Access and Best Execution Framework, policies and (review) procedures and facilitation of the US Market Access and Best Execution Committee meetings.
• Prepare and present all required Governance Committee meeting materials and presentation decks associated with Equities and Options for the Market Access (15c3-5) Committee that meets quarterly.
• Leads or a key stakeholder on Global Markets regulatory initiatives; participate in business initiatives to conduct supervision operational readiness assessments.
• Participates in local committees (e.g. Algo Committee), internal/external meetings or forums as needed.
• Proactively seeks opportunities for continuous improvement and process enhancements to supervision framework and procedures; assist with relevant change management process.

Qualifications/Competencies/Accreditation:

• Undergraduate Degree a minimum.
• Solidbackground/experienceworking in Capital Markets/Financial Services industry across Equities asset class (including cash and derivatives), and associated business and product offerings.
• An understanding in front-to-back process flows, and regulatory requirements strongly preferred.
• Working knowledge of US Electronic and Algo Trading rules and regulations, more specifically FINRA and SEC (e.g., SEC Reg NMS, SEC Reg SHO, SEC Rule 15c3-5, FINRA 5310 - Best Execution Rule, SRO Rules), industry best practices and supervisory requirements is highly desired.
• Must be comfortable interacting with Electronic Trading & Sales teams and Desk Heads / Supervisors.
• Understanding of key non-financial risk (e.g., market, credit, operational) concepts, controls and applicability to business activities preferred.

• Demonstrate ability to influence key stakeholders to achieve consensus and meet objectives.
• Must have strong analytical and problem-solving skills; be detail oriented; and demonstrate initiative to follow up on items or determine appropriate steps for timely resolution.

• Demonstrates ability to work independently as well as in a team environment.
• Proficient with MS Office Suite, including high-level competency in Excel with ability to create pivot tables, macros, and write/edit code in VBA preferred. Knowledge of scripting tools a plus.
• Must demonstrate ability to manage multiple tasks and deadlines; and flexibility to adapt well to changing priorities.
• As many of the tasks are regulatory focused reviews, the ability to work with Compliance and Legal to interpret regulation or policy and assess applicability to business activities is paramount in this role.
• Must be able to foster and maintain key relationships with senior Business Leaders or stakeholders.
• Proactive and quick learner with ability to take on new responsibilities and prioritize workload as required.
• Must have excellent verbal and written communication skills.
• Knowledge of TD policies and procedures and Global Markets infrastructure a plus.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Sans Objet