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Td Bank MD TDS Global Compliance Initiatives Lead United States, New York, New York 184192194
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Depth & Scope:
• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Responsible for the development, maintenance and continuous enhancement of programs designed to provide effective, independent regulatory compliance risk management and oversight of business line(s) supported
• Maintains accountability for anticipating, managing, and directing the response to regulatory and corporate-related compliance issues impacting the bank across a wide range of business lines, financial services products and applicable laws, regulations, and standards of ethical business conduct
• Develops a program that promotes a culture of compliance utilizing a consultative approach to educate and interpret various inaugural laws and rules
• Provides expert advice and counsel for executive business partners as they pertain to compliance for new business initiatives and compliance issue resolution
• Develops and enhances a scalable compliance program with effective program elements that mitigate areas of compliance risk and establish sustainable controls commensurate with the risk appetite and growth of the Bank and its relevant subsidiaries
• Acts as a Compliance executive lead on various projects, overseeing and/or coordinating a diverse group of compliance professionals, project managers, analysts, business and corporate function specialists, risk and control partners, and other stakeholders
• Coordinates with regulators from the Office of the Comptroller of the Currency (OCC), Federal Reserve Bank (Fed), Consumer Financial Protection Bureau (CFPB), Office of Supervision of Financial Institutions (OSFI) and internal audit to ensure compliance
• Provides expert objective advice and independent challenge for business leaders, including interpreting and applying laws and regulations to business operations
• Develops and enhances scalable compliance programs designed to support the Bank in achieving and maintaining compliance with laws and regulations and operating within the Bank's Risk Appetite
• Structures programs to support all elements of an effective Bank-wide Compliance Management System
• Develops processes to report and escalate material compliance issues, breaches and other events to senior management and regulators and delivers extensive management reporting summarizing group activity and regulatory compliance issues and events
• Develops and implements remediation strategies to correct identified issues
• Maintains comprehensive understanding of regulatory trends, changes and emerging risk areas, existing regulations and guidelines and the full range of Company products and services; possesses experience and understanding to respond to complex regulatory issues
• Reviews and interprets new or pending laws and regulations which potentially affect existing business practices
• Shares important industry trends and changes in regulations with staff
• Develops and maintains strong business relationships with other related Company departments, including parent company, executive management, legal, audit, loan review, other risk departments and others to ensure productive partnerships and coordinate efforts
• Serves on executive committees to provide guidance, oversight, and formal approval for regulatory related projects
• Maintains external engagement with industry forums and promotes a positive brand for TD Bank
• Bachelor's degree or progressive work experience in addition to experience below
• 20+ years related experience required
• Certified Regulatory Compliance Manager (CRCM), law degree, regulatory, or risk management experience a plus
• Extensive Operational knowledge as pertains to implementation of regulatory requirements
• In-depth knowledge of financial services regulatory industry practices
• Strong management experience leading regulatory compliance activities
• Strong Management skills in the development and mentoring of employees
• Experience establishing and implementing effective regulatory strategies, policies and plans that support ongoing Company business
• Strong management, organizational and evaluative process skills. Ability to analyze complex organizational and process issues to isolate regulatory risk exposure.
• Demonstrated ability to develop and maintain productive business relationships with internal partners and external regulators
• Solid understanding of technology's role in the business and compliance controls
• Effective negotiation and influencing skills with experience in conveying complex information to general audiences through training materials, written communications, and other means
• Strong analytical skills and ability to exercise sound judgment in development and selection of compliance solutions
• Strong collaborative skills and experience leading and working in a matrix environment and on cross-functional teams
• Excellent verbal and written communications skills, including the ability to persuade and influence a broad spectrum of constituents at all levels
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.
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