Job Description

Job Description

Candidate will take an active part in developing and implementing TD Bank's new security-based swap dealer SEC compliance program, as well as in maintaining the existing CFTC compliance program for TD Bank's provisionally-registered swap dealer. Reporting to the Director, Operations & Swap Dealer Compliance, Candidate must have experience in performing regulatory analysis and in developing and implementing compliance programs in environments that embrace the Three Lines of Defense approach.

Serving as a Vice President on the TD Securities U.S. Markets Compliance Advisory Team, Candidate must develop strong relationships with change delivery, project management, governance & control, operations, and business partners to identify and analyze complex regulatory requirements to ultimately provide key stakeholders with actionable guidance, advice, implementation support, issue-spotting, and effective challenge in a fast-paced, delivery-oriented, and diverse environment. Candidate will also provide support for Volcker, QFC, transaction reporting (e.g., reporting to swap data repository and security-based swap data repository), and priority regulatory change initiatives.

Requirements

Provide stakeholders with real-time interpretive guidance on applicable regulatory requirements, industry trends, and best practices.
Analyze new regulations and participate in business impact assessments and working sessions to help support and drive critical regulatory implementations.
Analyze regulatory changes and developments that impact in-scope areas. Advise stakeholders regarding impacts to business-as-usual activities, as well as net new regulatory requirements.
Draft interpretive memoranda and implement, and maintain relevant policies and procedures, including applicable compliance manuals.
Develop, maintain, and deliver electronic and live regulatory compliance training.
Assist the business with implementing and documenting various supervisory control mechanisms.
Provide a high level of customer service to our internal clients and stakeholders, acting as a key point of contact for internal inquiries.
Participate in internal investigations, respond to regulatory inquiries, draft responses to regulatory examination questions, guide stakeholders through exam-related remediations, and coordinate internal and external audits and management responses.
Develop and implement compliance monitoring and testing activities for covered business areas.
Evaluate regulatory guidance and recent enforcement activity to help foster line-of-business awareness, as well as shape compliance resource allocation and strategic direction.
Participate in compliance risk assessments to help confirm effective business control framework.
Provide ongoing reporting to senior management.
Develop and deliver proactive strategies and tactics that support compliance and business objectives.
Explore and delivery process improvements to drive efficiency and streamline existing workflows.

Qualifications

5-8 years of relevant compliance advisory experience. Similar experience with a regulator or law firm will be considered
Strong knowledge of derivatives with a particular focus on swaps, security-based swaps, and mixed swaps. Knowledge of the Volcker Rule and Qualified Financial Contract (QFC) Resolution Stay Regulations and QFC Recordkeeping requirements a plus
Specific experience in providing legal, regulatory, or compliance advice to SEC and/or CFTC regulated entities
Knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact. Specifically, SEC, CFTC, FED, OCC, FINRA, NFA, FDIC
Excellent oral and written communication skills
Meticulous attention to detail and due diligence
Ability to make, support and defend difficult and complex regulatory and compliance decisions in a fast-paced and delivery-focused environment
Ability to project confidence and professionalism in dealings with senior business personnel
Knowledge of risk management, audits, technology infrastructure, and global booking models preferred
Ability to work on multiple projects in a fast-paced environment
Ability to work effectively in a global environment; leveraging and sharing best practices and insights with colleagues globally
JD strongly preferred

Hours

40

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.