Td Bank Short Term Assignment - VP Regulatory Supervisory Management TD Securities United States, New York, New York 899534633
Short Term Assignment - 12 Month Duration
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.
Depth & Scope:
Leads and manages the Trader business management functional area and overall operation of a diverse group in an area of moderate risk, complexity or scope
Ensures an integrated approach with other business management areas, broader organization, and enterprise as appropriate
Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines
Focuses on short to medium-term issues (e.g. 6-12 months)
Generally reports to a Senior Manager or above
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.
Education & Experience:
Undergraduate degree in Business (Accounting or Finance) orMathematics/Economics
Series 7 and 63
5-7 Years of related experience
Sound to advanced knowledge of external competition, industry and/or market trends in relation to own function / business
Ability to provide guidance on Business Management matters and respond to inquiries from business unit staff
Must be detail oriented and possess problem-solving skills
Must be able to work independently with minimal supervision and establish priorities
Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management
Preferred Qualifications:
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.
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.
משרות נוספות שיכולות לעניין אותך
