Senior Compliance Business Oversight Analyst (Mt Laurel)

Job Title

Work Location : Mount Laurel, New Jersey, United States of America Hours : 40 Pay Details : $68,640 - $$123,320 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Why Work with Us?

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

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. Beyond technical expertise, we're looking for someone with an entrepreneurial mindsetsomeone who can roll up their sleeves, takes the initiative and can anticipate needs before they arise. A comfort level with ambiguity and the ability to excel in a dynamic, evolving landscape are essential as the US Compliance team redefines the bank's compliance program and structure. 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.

Department Overview

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

U.S. Wealth is a fully integrated wealth management business that provides products and services (designed for High-Net-Worth, Institutional and Mass Affluent clients of TD Bank, N.A. encompassing banking, custom credit, asset management, securities, investment advisory and insurance) through multiple legal entities (TD Bank N.A., TD Private Client Wealth LLC and TD Wealth Management Services Inc) with independent and complex regulatory regimes. The Financial Advisors, Relationship Managers, and Investment Advisors who are part of the client-facing Distribution teams are both securities-registered and insurance-licensed. Additionally, the Trust Advisors support both personal and corporate trust. The Wealth Mortgage Lending Officers (WMLO) and the Wealth Lending Advisors (WLA) support the lending activities of Wealth Banking.

In this position, the Compliance Specialist will be supporting the Wealth Banking, TD Wealth Management Services, Inc and Investment & Trust business lines ensuring employees are following procedures and complying with applicable regulations. The position requires an ability to work both individually and as a team, strong analytical skills, attention to detail and the ability to deliver quality work in a fast-paced environment. The position will build, run and maintain a sustainable U.S. Wealth Compliance function that effectively manages and oversees regulatory compliance risk and conduct risk in U.S. Wealth businesses by :

Job Summary

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 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 customers is preferred. Experience in leading initiatives that enhance processes for better resource management and performance Ability to manage multiple competing deliverables and changing priorities Experience in analyzing data to create trend reporting. Knowledge and experience within compliance or audit, legal and regulatory environment, enterprise governance framework, products and services, policies, standards, systems, reporting and training requirements a plus. 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 O