Director - Regulatory & Supervisory Management, E-Trading Supervision, TD Securities

Director Trading Business Management Tds

Global Markets Supervision (GMS) is accountable for establishing the programs and frameworks required to satisfy regulatory obligations and manage employee conduct and behaviors to ensure compliance. GMS maintains strong relationships with registered Supervisors to oversee a myriad of controls and acts as a delegate on select activities. Development and maintenance of Supervisory programs, policies and procedures to manage global markets sales, trading and origination activities is a core competency.

The Director Trading Business Management TDS is responsible for the planning, direction, and coordination of trading operations within the bank. This position is also responsible for overseeing the development of policies and procedures.

Key Responsibilities:

• Manage key relationships with 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, working in close coordination with Compliance stakeholders.
• Perform Delegated Supervisory Tasks on behalf of the businesses' heads and keep them up to date on pertinent supervisory matters within their business.
• Develop and maintain WSPs and Desk Operating Procedures for your related Business lines
• Driving projects improving and maintaining tools supporting the electronic trading control framework
• Assist in the onboarding of new automated trading activities
• Assist in risk assessment and market abuse risk assessments for approvals
• Assist in the investigation of e-trading related Operational Risk Events
• Work with Supervisors on a day-to-day basis to analyze key metrics/trends and review market/business conduct escalations; follow up on any action items or take-aways
• Support the ongoing management and enhancement of comprehensive written supervisory procedures and desk operating procedures customized to e-trading/algo trading business activities
• Provide Global Markets Supervisors with interpretive guidance and best practices relating to key metrics and business conduct issues
• Liaison with other Divisions, such as Compliance, Legal, Risk and Internal Audit as well as support regulatory interactions
• Contributing metrics to Conduct Risk Committees and Vice Chair/EMD supervision meetings
• Key stakeholders on Global Markets regulatory initiatives related to your businesses; participate in business initiatives to conduct supervision operational readiness assessments
• Participate in local committees, 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

Depth & Scope:

• Oversees the development and execution of strategic planning for unit
• Oversees program and project level forecasting and tracking
• Directs the communication of financial policies and procedures
• Manages monthly forecasting and client chargeback process
• Oversees the annual budget process
• Manages the headcount / resource process
• Leads and oversees the end-to-end delivery of requirements throughout the lifecycle of large scale/complex projects or programs requiring a cohesive approach to broad business solutions with full traceability to realize project benefits
• Provides advisory support, leadership direction and guidance to assigned Business Analyst resources, stakeholders and executives of the projects and/or program across multiple Lines of Business (LoB)

Education & Experience:

• Bachelors degree or progressive work experience in addition to experience below
• 7+ Years of related experience
• Strong project management skills
• Strong leadership, interpersonal and relationship-building skills are required
• Excellent analytical skills
• Excellent Microsoft Office skills in particular Excel
• Presentation skills required
• Strong team player and who can work in cross-organization situations
• Highly effective written and oral communication skills; excellent organizational skills

Preferred Qualifications:

• 15+ years of experience in the capital markets industry with strong subject matter expertise in financial markets, regulatory requirements, industry best practices, and related systems and infrastructure processes
• 15+ years compliance and regulatory experience along with a deep understanding of how an Electronic Trading Business Operates. Scope of Supervision accountabilities will be covering e-trading and Algorithmic (Algo) trading desks across Global Markets business lines, including FX, FI, and Equities.
• FINRA Series 7 & 24 licenses required
• Deep knowledge of US Broker Dealer regulation; more specifically FINRA and MSRB rules & regulations, industry best practices and supervisory requirements
• Strong ability to work with Compliance, Legal or Risk partners to interpret regulation or policy and assess applicability to business activities and controls
• Strong conceptual, analytical and problem-solving skills; have an eye for detail; initiative to follow up on items or quickly determine steps for timely resolution
• Able to understand detailed and technical issues, can distill and summarize the problems, and recommend solutions to senior management
• A self-starter who can think critically and make decisions independently, while also able to collaborate with business, infrastructure support and control contacts to achieve strategic and tactical objectives
• Enjoys working in a fast-paced environment, able to manage competing and ever-changing priorities while under pressure, adapts well to changing priorities
• Team player with ability to influence and achieve results through effective negotiation, and problem solving
• Excellent written and verbal communication skills.

Physical Requirements:

• 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.

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Our Total Rewards Package:

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive 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,