Work Location:

Canada

Hours:

37.5

Line of Business:

Governance & Control

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

ABOUT TD WEALTH

TD Wealth offers a full range of competitive wealth and asset management solutions to retail and institutional clients. We help individual and institutional clients protect, grow and successfully transition their wealth. There are five unique lines of business:

• Advice: Our fastest growing division which includes financial planning, full-service brokerage and private client groups.  

• Direct Investing: Canada's largest direct investing brokerage, provides a full set of offerings to retail clients in Canada.

• TD Asset Management (TDAM): A leading North American investment management company comprised of both retail and institutional clients.

• US Wealth: Leverages the branches in TD's US retail arm to offer a suite of products and services to American customers.

• Wealth Shared Services: National back-office support function serving all market-facing businesses across strategic editorial content, business management, business architecture, wealth product, analytics and reporting, and operations.

• Wealth Governance & Control: National 1B team, advising and supporting the management of the overall risk, control and governance portfolio for TD Wealth.

G&C OVERVIEW  

TD Wealth's Governance & Control (G&C) team partners with the Wealth businesses to design, implement, maintain and monitor effective internal controls and ensure business activities remain within TD Bank's risk appetite and comply with external regulatory requirements. 

The team is responsible for ensuring timely and consistent implementation – across all Wealth businesses – of all risk, control and governance programs, initiatives, policies and strategic business projects.  The Wealth Governance & Control team acts as the primary contact for the Wealth businesses, working closely with subject matter experts from each Wealth business line. The team works together with the business leaders to implement Wealth-wide Governance & Control methodologies, policy frameworks, standards and practices and are key members of enterprise projects / programs requiring Wealth representation.

OVERVIEW OF THE ROLE & THE WEALTH REGULATORY AFFAIRS TEAM

The role of Senior Manager, Regulatory Exams and Reporting will be responsible for the management of the Regulatory Exam team providing both leadership, guidance, and expertise as it relates regulatory examinations working closely with line of business owners and control partners across TD Wealth

The Regulatory Affairs team is made up of four pillars:

• Business Risk Oversight & Privacy

• Regulatory Change

• Tax Advisory & Oversight

• Regulatory Exam Management

JOB DESCRIPTION

The Senior Manager, Regulatory Exams and Reporting role reports to the AVP, Regulatory Affairs providing leadership in managing a team, supporting regulatory examination process for TD Wealth, working closely with partners across the organization including senior executives in the various Wealth lines of business, as well as Compliance, Legal, Risk Management, AML, Products, Credit, Tax, Operations, Technology/Delivery, among others. The role's mandate is to help promote a sustained culture of best practices and compliance through the timely collection, coordination and analysis of information. We are looking for a self-motivated and innovative individual who excels in a fast paced deadline driven environment. 

PRIMARY RESPONSIBILITIES

Stakeholder Engagement  

• Act as an ongoing resource and central reference for internal business partners regarding regulatory Examinations and provide guidance when required.

• Build effective relationships with internal stakeholders, capable of collaborating and fostering relationships within the Business and with cross-functional working groups.

• Provide direction on emerging and new/existing regulatory examinations in terms of operational implications.

• Working with internal legal counsel, team members and other stakeholders to ensure content is accurate and compliant with applicable laws, rules and governing regulatory bodies.

• Leverage your expertise as a business advisor on regulatory examinations, compliance matters,  and internal controls to help the business understand and comply with providing regulatory responses.

• Participate and represent TD Wealth in regulatory/compliance related committees and project working groups.

Regulatory Reporting & Operations

• Prepare and present regulatory materials to executives across Wealth on emerging, new, and existing regulatory changes that impact TD Wealth

• Proactively keep management informed of regulatory activities, issues, status updates, KPI's and potential risk to Wealth with clear and concise impact assessments on potential exposures and compliance timelines.  

• Conducting industry research and staying current on best practices, securities products, and emerging risks and technologies.

• Consolidates regulatory information, summarizes issues, analyzes trends and provides regular reporting to senior management and lines of business partners using digitalization and visualization

• Promote strong regulatory change management practices and principles across the business unit and Wealth lines of business, while identifying opportunities for improvement and recommend appropriate solutions

People Leadership

• Responsible for management of the overall team providing both leadership, guidance, and expertise; ensures team adheres to enterprise frameworks and methodologies

•  Support team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank

• Lead a high performing team; provide on-going feedback and performance reviews, coach and develop employees and ensure performance management activities are undertaken and completed for all employees

• Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes

• Recruit for all hires to ensure a highly diverse, qualified workforce to achieve business objectives

• Establish and foster a cohesive team; promote a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives

JOB REQUIREMENTS

Qualifications/Skills/Experience

• 10 years' experience in regulatory change, compliance,  or consultant/advisory experience

• People management experience, in terms of hiring, goal setting, coaching staff, and setting overall direction and strategy of the team.

• Deep industry and compliance knowledge and expertise in securities & non-securities regulations, i.e. CIRO, CSA, OSC, OSFI, AMF, etc.

• Strong analytical, critical thinking, and proactive problem management skills.

• Excellent communication skills (oral and written) to communicate clearly at all levels, including ability to prepare executive level decks, memos and reports

• Excellent organization skills and ability to consume large volumes of information and summarize it in a meaningful way for stakeholders.

• Ability to take initiative, work independently and handle multiple tasks.

• Ability to build strong relationships and influence senior stakeholders.

• Ability to manage work under tight timelines and changing priorities.

Technical Knowledge/Skills

• Advanced skills with Microsoft product suite (Excel, PowerPoint, Visio etc), in particular powerpoint is essential.

Education

• Completion of a University degree, post graduate degree (e.g. MBA) and/or equivalent work experience

• Professional designations in law with a focus on securities, accounting, or compliance are an asset.

Who We Are:

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development
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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.