Td Bank VP Compliance - Trade Surveillance Communications 

United States, New York, New York 

402632402

New York, New York, United States of America

$120,000 - $190,000 USD

Job Description:

The VP Compliance TDS oversees/leads a team(s) ofspecialists/professionalsproviding advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk.

Key Accountabilities

• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate

• Be knowledgeable of practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area

• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high-risk activities as necessary

• Conduct reporting and / or meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices

• Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist

• Acquire and apply expertise in the discipline, provide guidance and direction to others

• Identify, recommend and effectively execute standard practices applicable to the discipline

• Adhere to internal policies/procedures and applicable regulatory guidelines

• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Stakeholders

• Familiarize with key stakeholders including the front office teams as well as the support functions including Technology and Operations

• Build relationships with Compliance Advisory team by working closely with them on regulatory requests and alert escalations

• Co-ordinate requests to and from, business (Compliance) partners and coordinate tracking and reporting of Compliance function initiatives and programs

• Prepare summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders

• Proactively identify matters requiring additional review, escalation, and liaise with appropriate staff to resolve, as appropriate

Employee / Team

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication and/or escalation of issues

• Network with other colleagues in Global Surveillance and the wider Compliance teams and showcase presence

• Provide coverage to other colleagues for surveillance modules covered during cross training sessions

• Volunteer to present cases/escalations during monthly meeting and team members should participate in the discussion

• Gain an understanding of new communications surveillance modules and surveillance tools

• Keep current on emerging trends/ developments and enhance knowledge of the business, related tools and techniques.

• Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate

• Contribute to a fair, positive and equitable environment that supports a diverse workforce

• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

Breadth & Depth

• Ensure T+1 timeline for communications surveillance is adhered to, except in any special circumstances

• Analyze alerts and relevant data to determine whether a communication involves violations law, rules and regulations and/or firm policies

• Familiarize with the emerging trends pertaining to regulatory changes and remain updated on trends related to communications surveillance (e.g., market abuse, regulatory expectations, etc).

• Proactively identify matters requiring additional review and when to escalate to Surveillance Management and Advisory Compliance partners

• Develop a thorough understanding of multiple market manipulation surveillance patterns and continuously look for efficiencies and enhancements to the work

• Identify the gaps and improvements such as how the surveillance patterns can be enhanced or calibrated more effectively

• Update the case management tool for every escalation and follow-up on pending open items on a regular basis, consistent with department procedures and regulatory expectations.

• Coach and educate new joiners to drive compliance training, leveraging various tools such as recent regulatory fines to using complex exceptions that required further investigation

• Execute on more complex and non-standard requests and escalations

• Engage in consultation for calibration and bringing ideas or proof of concept that can improve the reviews

• Support audit related activities by providing documentation and relevant subject matter expertise

• Participate in surveillance projects that are critical to the department and pertaining to Communications Surveillance

• Participate and contribute to Surveillance department meetings, monthly touchpoints, bi-weekly Supervision and Surveillance meetings

• Work closely with the other stakeholders, such as Advisory Compliance, the Trading desks and Technology.

• Provide support in enhancing the surveillance system through the Surveillance departments calibration process, including reviewing alerts, risk scoring of alerts, and possible parameter changes

• Provide support to the regional Compliance teams by ensuring they have all the pertinent information to address their remediation of regulatory risk specific to their region

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

Preferred Qualifications:

• 5-10 years of experience in surveillance in Communications.

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.

awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

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.