Senior Manager, Business Compliance Oversight – TD Asset Management (5767)

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Department Overview

TD Wealth Compliance is part of TD Compliance Department, a second line oversight function. It provides regulatory compliance oversight over multiple TD Wealth lines of business. TD Wealth Compliance has an immediate need for a Senior Manager, Business Compliance Oversight to provide compliance advisory and second line oversight of TD Asset Management (TDAM) activities in Canada and international jurisdictions (UK, EU, APAC, Caribbean).

Job Details

Reporting to Chief Compliance Officer, TD Asset Management Inc. & AVP, Wealth Compliance, the Senior Manager, Business Compliance Oversight provides compliance advisory and second line oversight of TDAM. This role will engage with various stakeholders and advise on delivering effective compliance with changing laws and regulations to help ensure strong compliance controls and processes to mitigate regulatory compliance risks.  

The Senior Manager accountabilities will include, but not limited to:

• Provide compliance advisory on TDAM activities in Canada and international jurisdictions (UK, EU, APAC, Caribbean), including business initiatives, compliance or regulatory matters, regulatory change, regulatory and other audits, issues resolution and/or other assigned projects
• Lead and execute Regulatory Compliance Management (RCM) activities as assigned, which may include but not limited to regulatory change management program oversight, risk assessment, review and challenge of regulatory inventory & controls, monitoring and testing, training, regulatory relationship management
• Act as subject matter expert on applicable regulatory change, emerging regulatory risks, trends, best practices, industry or market developments to ensure that anticipated regulatory changes are considered in business activities, strategic plans, policies and processes, and reporting
• Act as the Compliance lead, working with the business and 1B, in response to assigned regulatory examination, investigations, inquiries, questionnaires, field reviews, internal and external audits, and client complaints.
• Assist CCO in meeting various compliance reporting requirements, both internally within compliance as well as to the businesses and regulators
• Assess, review and challenge, recommend, develop, draft and/or implement policies, procedures, compliance manuals, processes, controls and/or actions to address regulatory requirements, initiatives, issues
• Lead or participate in internal, industry or regulatory committees or working groups to represent Wealth Compliance, as assigned, on compliance and policy matters
• Collaborate with stakeholders to gather and assess requirements; consider alignment cross platform or functions; identify, assess and address risks, issues and escalations; and provide compliance advice that aligns with Compliance strategy and objectives and regulatory requirements
• Ensure effective and customized compliance oversight program for TDAM to detect and mitigate regulatory violations and breaches of internal policies and procedures relating to applicable regulatory requirements, using a risk based approach, aligned with RCM requirements
• Provide compliance guidance, challenge and oversight for business projects and initiatives
• Perform periodic or targeted monitoring activities
• May lead, coach and/or manage a high performing team on delivery of Compliance programs or assigned matters

Experience & Education

• Undergraduate degree
• Canadian securities industry courses
• 10+ years relevant Asset Management experience. Regulatory, compliance, legal or risk management experience is highly desirable
• Significant expertise in PM, EMD, IFM, institutional clients in Canada and International
• Strong influence skills, with the ability to work collaboratively across multiple management teams
• Proven ability to develop collaborative business relationships
• Ability to work independently and proactively, with support of the AVP on key issues
• Demonstrated excellence in business presentation skills including verbally, in writing and in management reporting
• Detail-oriented, highly organized, and able to work in a dynamic environment
• Ability to make sound business decisions

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.