Senior Compliance Business Oversight Analyst (3584)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Compliance

Pay Details:
$76,800 - $115,200 CAD

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.

Job Description:

Department Overview

The mandate of the TD Compliance Department is to foster a culture of integrity, ethics, and compliance and deliver independent risk management and oversight of regulatory compliance risk and conduct risk throughout the Toronto-Dominion Bank and its subsidiaries, to protect our reputation and operate within our risk appetite and is designed to support sustained trust and confidence in TD by our consumers, employees, regulators, investors and markets.

• Track and communicate regulatory changes to assist TD in the management of regulatory risk
• Oversee and assist TD in complying with applicable rules and regulations
• Reporting support to other Compliance Units (CU), subsidiary boards, risk committee, ERMC and ACoB (and appropriate escalation)
• Regulatory filings with support from CU
• Business oversight of compliance with requirements
• Regulatory identification and inventory of regulatory requirements
• Regulatory change notification and support for impact assessment (together with CU) and implementation (together with CU)
• Regulatory engagement and examination support/advice
• Control mapping: guidance and challenge
• Training for first line and ETC
• Implement an effective independent monitoring process using a risk-based approach
• Ensure that key day-to-day controls are adequate and executed in a timely manner
• Escalate material or significant issues to Senior Management, Audit Committee and/or Board of Directors, as appropriate
• Provide guidance to TDI on day-to-day matters (e.g. scripts, job aids, quality monitoring, proper procedures, licensing, training material, etc.) in addition to unique regulatory advice for projects and other one-off situations

• Assist in the development and implementation of appropriate Compliance policies, processes and controls
• Facilitate the periodic Compliance risk and self-assessment activities for designated business using TD's Enterprise Compliance Risk Assessment Framework
• Monitor that assessments (monitoring, risk assessment etc.) are completed and communicated in a continuous and timely fashion
• Guide and complement the assigned portfolio in terms of financial, regulatory and risk management requirements
• Interact with control functions within the organization
• Develop analysis and insights, prepare and deliver management reporting necessary to promote accurate and thorough measurement of the risk factors present in various products
• Update business line policies and Compliance Team procedures
• Analyze Compliance requirements and establish they are properly written into requirements for business projects and approved at the appropriate levels
• Work with business management, and with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations
• Keep abreast of emerging issues, trends, and evolving regulatory requirements in the Compliance industry and assess potential impacts
• Coordinate with other Compliance partners and business governance and control partners to promote consistency in the application of Compliance programs and standards across the enterprise
• Support in determining risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs
• Conduct enterprise-wide annual risk assessment for all TD businesses
• Support the business lines with compliance/risk controls and periodically evaluates
• risk mitigation efforts to make adjustments as risk/department influences change
• Protect the interests of the organization - identify and manage risks, and promote the prompt and thorough resolution of escalated nonstandard, high risk issues
• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and promote timely communication of issues/ points of interest
• Provide thought leadership and/ or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up to-date about the status /progress of projects and / or all relevant or useful information related to day-today activities
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
• Expert level professional role requiring in-depth knowledge / expertise in Compliance and working knowledge of broader related areas
• Provide advanced analysis and/or specialized reporting to support business partners, functional areas or centres of expertise
• Integrate the broader organizational context into advice and solutions within the Compliance area
• Understand the industry, competition and the factors that differentiate the organization
• Lead 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
• Recommend and implement solutions within own area of responsibility
• May need to coordinate / integrate work with other areas as needed
• Identify and lead problem resolution for complex requirements related issues at all levels

• French and English spoken and written considered an asset
• Undergraduate degree
• Relevant professional designations and/or certifications as required
• 5+ years relevant experience
• Proficient knowledge of a variety of products and services, systems, and compliance advisory standards, procedures, laws, rules, regulations and controls
• Knowledge of risk management environment, standards and regulations
• Knowledge of current and emerging trends
• Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques
• Skill in using computer applications including MS Office
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgment in making decisions
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to handle confidential information with discretion