Compliance Director, Fair and Responsible Banking Data, Analytics, & Governance (US)

Work Location:
New York, New York, United States of America

Hours:
40

Pay Details:
$200,000 - $280,000 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.

Line of Business:
Compliance
Job Description:

This role leads a specialized team of data professionals who are responsible for applying data science techniques, statistics, and various advanced analytics to conduct 2Line fair banking monitoring and testing for compliance with relevant laws, rules, and regulations. As such this role is responsible for setting and implementing priorities for the use of data analytics to proactively monitor risk across various lines of U.S. business, banking offices, and operating departments. This role also leads and acts as the governance program owner and foremost subject matter expert in the development and implementation of fair and responsible banking and Community Reinvestment Act compliance management system programs, including design, development, deployment, monitoring, reporting, and resolution.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Leads the Fair Banking & Compliance Analytics team of data professionals to provide second line of defense risk-based oversight through the deployment of data models, data mining, and analytic techniques
• Oversees the creation and execution of strategy, standards, and objectives for the U.S. Fair and Responsible Banking Data & Analytics program
• Designs the Fair and Responsible Banking Data & Analytics program elements to meet relevant regulatory requirements, standards, and expectations as well as internal compliance policies
• Develops and delivers reporting that clearly conveys the meaning of results to decision-makers and stakeholders at every level of technical understanding by visualizing insights from the data
• Employs techniques and theories drawn on many fields within the broad areas of mathematics and statistics that may be applied across a variety of products, services, and business lines
• Leads the CRA, Fair & Responsible Banking Governance to conduct governance activities for all 2LOD Community Reinvestment Act and Fair & Responsible Banking compliance programs, in accordance with TD Global Compliance and US Compliance program expectations, including risk assessment coordination, issue management reporting, executive committee and Board reporting, maintaining the content and governance of the document inventory, coordinating the monitoring and testing plan development, related reporting and escalation, training creation and updates, and control reporting
• Manages regulatory exams and internal audit engagements and remediation plan execution
• Communicates high-risk findings to business and Bank leadership and guides the development of corrective action plans
• Executes on Bank Initiatives in accordance with the TD Global Compliance Department Mandate and the Regulatory Compliance Management Program
• Facilitates the support of strategy for the team by supporting design and implementation programs and projects to support strategic team objectives
• Leads the strategy and long-term enablement and capabilities planning for Compliance programs by anticipating emerging issues and translating business and organizational challenges into sustainable strategies to meet regulatory expectations and be appropriately aligned with industry practices of peer institutions
• Accountable for team engagement with the Enterprise Governance, Risk, and Compliance (EGRC) program and delivery governance and input into EGRC related frameworks, policies, processes and procedures
• Along with Compliance and Risk partners, promotes a strong governance environment with periodic assessments against industry practices
• Serves as Compliance owner or resource on projects involving business activities that have a significant impact on the operations or strategy of the Bank
• Identifies new analytical trends/data needs to improve repeatable analytic solutions
• Leads analytics and reporting for Fair and Responsible Banking compliance risk
• Facilitates key strategic discussions and provides thought leadership to executive audience
• Represents the Bank in engagements with regulators and industry trade associations
• Provides expert advice to senior and executive management on complex analytical issues

• Bachelor's degree or equivalent experience required
• 10+ Years of related experience
• In-depth knowledge of the financial services industry and applicable laws, regulations and industry practices
• Strong management experience leading regulatory compliance and risk activities
• Demonstrated experience leading a complex analytical function for an area of significant risk, complexity, or scope
• Experience establishing and implementing effective regulatory and risk strategies, policies and plans that support ongoing Bank business
• Ability to analyze complex organizational and process issues to isolate regulatory risk exposure
• Proven ability to develop project plans and independently coordinate and complete projects
• Effective negotiation and influencing skills with experience in conveying complex information to general audiences through training materials, written communications and other means
• Excellent written and verbal communication skills, including a demonstrated ability to provide reports that accurately and clearly summarize issues and solutions in an understandable and logical manner
• Proven ability to influence others' actions and decisions without express authority
• Demonstrated ability to develop and maintain productive business relationships with internal and external stakeholders
• Strong analytical, process, and program solving skills are required to interpret data, draw conclusions and report/escalate as required
• Strong analytical skills and ability to exercise sound judgment in development and selection of compliance solutions
• Prior leadership experience or progressively responsible Department/Large Bank experience
• Strong management skills in the development and coaching of employees
• Strong ability to successfully balance competing priorities in a fast-paced environment

• Domestic Travel - Occasional
• International Travel - Occasional (Canada)
• Performing sedentary work - Continuous
• Performing multiple tasks - Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds - Occasional
• Sitting - Continuous
• Standing - Occasional
• Walking - Occasional
• Moving safely in confined spaces - Occasional
• Lifting/Carrying (under 25 lbs.) - Occasional
• Lifting/Carrying (over 25 lbs.) - Never
• Squatting - Occasional
• Bending - Occasional
• Kneeling - Never
• Crawling - Never
• Climbing - Never
• Reaching overhead - Never
• Reaching forward - Occasional
• Pushing - Never
• Pulling - Never
• Twisting - Never
• Concentrating for long periods of time - Continuous
• Applying common sense to deal with problems involving standardized situations - Continuous
• Reading, writing and comprehending instructions - Continuous
• Adding, subtracting, multiplying and dividing - Continuous