Director - Trading Business Management, TD Securities

Director Trading Business Management Tds

The role will be part of TD Securities Business Regulatory Initiatives (BRI) team which plays a lead role in coordinating the approach to regulation and good practice principles for all jurisdictions in which TD Securities operates.

BRI is a first line (1A) team which reports into the Business.

BRI's portfolio of work covers General Securities Regulations, G20 OTC Derivatives Reform, Global Codes of Conduct Principles, FMSB Standards, Cross Border activities, Regulatory Compliance Management (RCM), Regulatory Exams, Audits & Testing and Examination Enforcement remediation.

BRI's involvement in these regulatory initiatives includes intake, business impact assessment and gap analysis, deliver requirements, control design, audit and remediation. In addition, BRI supports the 6 pillar self-assessment framework (policies and procedures; internal controls; training; management framework; independent testing; recordkeeping), by advising, advocating and working closely with Desk Heads, Business Management, Supervision, Transaction Management, Operations, Middle Office, Governance and Control, and 2nd line corporate teams.

As a Director on the BRI team, you will stay on the forefront of the ever-evolving global and complex regulatory landscape, providing a holistic view to maximize achievable scale and efficiencies for the Business, allowing the Business to grow and evolve and "get to yes" faster.

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:

• Undertake detailed business impact assessments, provide recommendations to diverse group of stakeholders and influence the final position to be taken by the firm
• Perform current state reviews over existing regulatory and supervisory BAU processes upon request and proactive benchmarking against industry best practices and enforcement patterns
• Contribute to the strategic direction of Global Markets, Business Management, help drive efficiency across teams and processes
• Participate in advocacy efforts in matters of importance to GM
• Develop content for Business sponsored targeted training / guidance
• Draft procedures and advise on procedures for sales and trading; map against compliance policies and RCM criteria
• Identify controls / drafting control descriptions for laws, rules, regulations impacting sales and trading

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 an 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:

• Candidate should have 15 + years compliance and regulatory experience along with a deep understanding of how a Global Markets Sales & Trading business operates.
• Background building out and delivering regulatory programs and experience with Laws, Rules, and Regulatory mapping and control alignment.
• Preference for candidate to have knowledge of SEC, CFTC, FINRA, NFA, MIFID, MAS, Future exchange rules and have an understanding of conduct and market abuse scenarios.
• Knowledge of regulatory landscape in the following jurisdictions, US, Canada, UK, Europe, Asia Pacific
• Understanding of financial products, trading and trade lifecycle for the following asset classes: FX, Rates, Equity, Commodities, Credit
• Strong problem-solving skills and the ability to proactively identify risks/issues and recommend solutions.
• Strategic, collaborative, tactical and creative in your approach
• Able to build relationships and influence with cross-functional / cross-jurisdictional partners at various levels of the organization.
• Comfortable working in often ambiguous environments and can takes initiative to build something impactful from the ground up.
• Seeks intellectual challenge, desire to learn and committed to design and build impactful and scalable solutions
• Excellent written and verbal communication skills.

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