Senior Compliance Business Oversight Analyst. TD Private Client Wealth

Senior Compliance Business Oversight Analyst

At TD Bank US Compliance, we're on a mission to build a more resilient and scalable compliance risk management function. As part of our team, you'll play a key role in reshaping compliance structures and processes, driving innovation at every level. Here, each team member has a chance to make a tangible impact both in day-to-day operations and in the design of a future-focused compliance program. This not just about implementing a new program it's about creating a culture of compliance that will cascade throughout the organization.

The ideal candidate will thrive in a fast-paced, start-up-like setting as we build a new compliance structure that aligns with the bank's size, complexity, and risk profile. In this role, you'll need to be strategic, tactical, collaborative and creative in your approach. You will manage day-to-day operations while also helping design and implement a forward-thinking compliance program for the future.

Most importantly, the right candidate is seeking an intellectual challenge, has a desire to learn, and is committed to building something impactful from the ground up. At TD Bank, you'll have the unique opportunity to help shape the future of the bank while collaborating with a team of enthusiastic colleagues dedicated to setting new industry standards. Management areas, broader organization, and enterprise as appropriate.

U.S. Wealth Compliance acts as an independent regulatory compliance and conduct risk management and oversight function as described in the U.S. Compliance Operating Framework (COF) including:

• Compliance-wide frameworks, guidelines and standards for testing, monitoring, risk assessment, reporting and other activities.
• Internal audit, regulatory exam, and ongoing supervision management, finding tracking, and remediation oversight.
• Foster a culture of integrity, ethics and compliance across the organization to manage and mitigate regulatory compliance and conduct risks.
• Contribute to growth, innovation and efficiency, within risk appetite, through expert objective guidance and independent challenge.

The Senior Compliance Business Oversight Analyst provides objective guidance, support and advice to assigned portfolio, business or function to promote strong compliance controls and processes are in effect to mitigate inherent associated risks. This role contributes to the development and implementation of compliance programs related to all aspects of compliance laws.

Depth & scope:

• Expected to exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the bank with respect to significant regulatory compliance risk matters.
• Empowered to make prudent professional decisions in rendering advice and counsel to business lines or assigned areas, on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives.
• Expert level professional role requiring in-depth knowledge/expertise in compliance and working knowledge of broader related areas.
• Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise.
• Research, review and maintain expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws.
• Acts as the primary subject matter expert for regulations applicable to business partners and provides guidance, consultation and expert advice with respect to the business partners' compliance with such regulations directly related to the operations of the business.
• Creates training content and may train business partners on regulatory requirements.
• Advises the business with respect to the implementation of new and amended regulatory requirements.
• Independently reviews and utilizes discretion, judgement and specialized expertise in approving the documentation for business line use: disclosures; forms; customer-facing correspondence; operating procedures; and policies.
• Independently performs targeted and periodic monitoring of business activities for compliance with regulatory requirements and regulator expectation.
• Identifies and communicates areas of non-compliance and/or material control weaknesses.
• Responsible for the oversight of business partners' remediation of regulatory issues, including exercising discretion and independent judgment in reviewing and approving remediation action plans.
• Responsible for assessing regulatory risk associated with new products, services and other initiatives that have significant operational or financial impact.
• Integrates the broader organizational context into advice and solutions within the compliance area.
• Understands the industry, competition and the factors that differentiate the organization.
• Leads projects of moderately to complex risks and resource requirements; may lead end-to-end processes or functional programs.
• Contact for business management, external/internal auditors, dealing with non-routine information.
• Recommends and implements solutions within own area of responsibility.
• May need to coordinate/integrate work with other areas as needed.
• Identifies and leads problem resolution for complex requirements related issues at all levels.

Education & experience:

• Undergraduate degree or equivalent work experience.
• 5+ years of experience.

Preferred background & experience:

• FINRA Series 7, 63 and 24.
• FINRA Series 55, 65 or 66 and 4 or ability to obtain within 9-18 months.
• Experience with testing and branch examination of registered/licensed personnel to ensure compliance with procedures and regulations.
• Demonstrated experience with a branch examination program including documenting annual program, ensure all required inspections are completed and reports generated in the required timeframe.
• Ability to independently identify, assess, and escalate issues requiring senior management attention.
• Experience working in an integrated wealth business as a bank subsidiary, a focus on securities investment management and fiduciary activities, state insurance regulatory requirements and securities regulatory requirements for activities involving the recommendation or sale of non-deposit investment products (NDIP) to retail bank customer.
• Knowledge and experience within compliance or audit, legal and regulatory environment, enterprise governance framework, products and services, policies, standards, systems, reporting and training requirements.
• Knowledge of current and emerging trends, including regulatory expectations and standards for effective compliance management systems.
• Ability to research, interpret and summarize relevant regulatory expectations, laws, regulations and impacts to compliance program elements.
• Skill in using computer applications including MS Office Suite.

Customer accountabilities:

• Assists in the development and implementation of appropriate compliance policies, processes and controls.
• Facilitates the periodic compliance risk and self-assessment activities for designated business using TD's Enterprise Compliance Risk Assessment Framework.
• Monitors that assessments (monitoring, risk assessment etc.) are completed and communicated in a continuous and timely fashion.
• Guides and complements the assigned portfolio in terms of financial, regulatory and risk management requirements.
• Interacts with control functions within the organization.
• Develops analysis and insights, prepares and delivers management reporting necessary to promote accurate and thorough measurement of the risk factors present in various products.

Shareholder accountabilities:

• Updates business line policies and compliance team procedures.
• Analyzes compliance requirements and establishes they are properly written into requirements for business projects and approved at the appropriate levels.
• Works directly with business management, and with internal and external business partners (e.g., internal audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations. Keeps abreast of emerging issues, trends, and evolving regulatory requirements in the compliance industry and assesses potential impacts.
• Coordinates with other compliance partners and business governance and control partners to promote consistency in the application of compliance programs and standards across the enterprise.
• Supports in determining risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs.
• Conducts enterprise wide annual risk assessment for all TD businesses.
• Supports the business lines with compliance/risk controls and periodically evaluates risk mitigation efforts to adjust as risk/department influences change.
• Protects the interests of the organization identifies and manages risks, and promotes the prompt and thorough resolution of escalated non-standard, high risk issues.

Employee/team accountabilities:

• Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and promotes timely communication of issues/points of interest.
• Provides thought leadership and or industry knowledge for own area of expertise and participates in knowledge transfer within the team and business.
• Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques.
• Participates in personal performance management and development activities, including cross training within own team.
• Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to