TD Bank
Head of US Compliance Monitoring and Testing
TD Bank, Fort Lauderdale, Florida, us, 33336
Work Location:
États-Unis d'Amérique
Hours:
40
Pay Details:
$250,000 - $370,000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.
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:
Conformité
Job Description:
The Head of US Compliance Monitoring and Testing provides thought leadership into the strategic vision for our approach to perform oversight testing and monitoring throughout first- and second-lines of defense, including the appropriate organization structure and staffing to achieve the strategy. This role is responsible for developing and implementing the target operating model for Compliance testing capability with a focus on optimizing controls, streamlining and standardizing testing execution and improving testing effectiveness and efficiency.
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
Develops and owns the methodology for monitoring and testing by 2nd line including compliance risk and controls
Works with other second and third line functions, builds the compliance monitoring and testing operating framework
Develops a coordinated and ultimately consolidated testing calendar for the 2nd line functions to maximize the efficiency of the first line
Works in conjunction with the 1st and 3rd lines develop a reliance model that leverages testing and monitoring performed by other teams and is acceptable to the local regulators
Drives the use of RPA and artificial intelligence by the testing functions
Develops and enforces standards for an effective risk-mediation process (for example, root-cause analysis and performance tracking) to ensure it addresses root causes of compliance issues rather than just "treating the symptoms"
Determines, with other partners, the technology solution for monitoring and testing files and working paper retention
Provides thought leadership and input into the strategic vision for the Bank's approach to perform oversight testing and monitoring throughout the first and second lines of defense, including the appropriate organization structure and staffing to achieve the strategy
Leads second line of defense coordination for testing and monitoring by working in close partnership with other second line stakeholders (e.g. Risk, AML, HR)
Develops Board reporting on monitoring and testing trends, key issues and action plans
Cultivates strong relationships with senior management across TD.
Participates on executive committees as appropriate to effectively guide strategic direction and decision making
Develops and maintains constructive relationships between the Senior Management across TD and the Senior Compliance Leaders to build and maintain trust in TD by our regulators and our business partners
Provides routine and regular reporting of activities, issues and events, through appropriate channels
Maintains positive, honest, transparent, and constructive relationships with regulators
Ensures that Compliance Department strategic initiatives and directives are carried out effectively and that those strategic initiatives and directives comply with all relevant regulatory requirements, standards and expectations, as well as internal compliance policies.
Leads the builds of the US monitoring and testing framework
Sets and maintains compliance testing standards in consultation with control groups
Executes compliance testing over the businesses and control functions to oversee each business/control function
Ensures that testing execution is in compliance with the enterprise testing standards and is executed by individuals who are independent of the control design
Education & Experience:
Bachelor's degree required
10+ years related experience required
In-depth knowledge of financial services, regulatory industry practices
Strong management experience leading regulatory compliance activities
Regulatory, industry and operational knowledge with respect to testing and monitoring
Ability to operationally manage a complex team that has a wide variety of skill sets
Strong Control/Risk Management mindset
Negotiation skills and forward looking with an ability to drive and implement change and solve problems
Focus on developing and strengthening robust relationships with senior leaders and key stakeholders
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.
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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
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.
Colleague DevelopmentIf 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.
Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview ProcessWe’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.
AccommodationIf you are an applicant with a disability and need accommodations 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.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
À la TD, nous avons pour objectif d’enrichir la vie de nos clients, de nos collectivités et de nos collègues, et nous avons en commun un ensemble de valeurs qui façonnent notre culture et guident nos comportements. En échange de l’engagement quotidien de nos collègues à aider la TD à réussir, nous nous engageons à leur offrir une expérience de travail qui repose sur l’impact, la croissance et la culture de bienveillance.
Notre engagement à l’égard de la diversité, de l’équité et de l’inclusionÀ la TD, nous nous engageons à créer un milieu où les collègues peuvent être eux-mêmes au travail, avoir des possibilités équitables et se sentir respectés et soutenus. Nous avons à cœur de réunir un effectif inclusif qui reflète la diversité de notre clientèle et des collectivités où nous vivons et que nous servons.
Aider à changer les choses dans nos collectivités – La promesse TD Prêts à agirÀ la TD, nous avons un engagement de longue date à bâtir un avenir plus inclusif et durable. C’est la raison pour laquelle nous avons lancé en 2018 La promesse TD Prêts à agir, qui est maintenant un projet nord-américain pluriannuel.
#J-18808-Ljbffr
États-Unis d'Amérique
Hours:
40
Pay Details:
$250,000 - $370,000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.
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:
Conformité
Job Description:
The Head of US Compliance Monitoring and Testing provides thought leadership into the strategic vision for our approach to perform oversight testing and monitoring throughout first- and second-lines of defense, including the appropriate organization structure and staffing to achieve the strategy. This role is responsible for developing and implementing the target operating model for Compliance testing capability with a focus on optimizing controls, streamlining and standardizing testing execution and improving testing effectiveness and efficiency.
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
Develops and owns the methodology for monitoring and testing by 2nd line including compliance risk and controls
Works with other second and third line functions, builds the compliance monitoring and testing operating framework
Develops a coordinated and ultimately consolidated testing calendar for the 2nd line functions to maximize the efficiency of the first line
Works in conjunction with the 1st and 3rd lines develop a reliance model that leverages testing and monitoring performed by other teams and is acceptable to the local regulators
Drives the use of RPA and artificial intelligence by the testing functions
Develops and enforces standards for an effective risk-mediation process (for example, root-cause analysis and performance tracking) to ensure it addresses root causes of compliance issues rather than just "treating the symptoms"
Determines, with other partners, the technology solution for monitoring and testing files and working paper retention
Provides thought leadership and input into the strategic vision for the Bank's approach to perform oversight testing and monitoring throughout the first and second lines of defense, including the appropriate organization structure and staffing to achieve the strategy
Leads second line of defense coordination for testing and monitoring by working in close partnership with other second line stakeholders (e.g. Risk, AML, HR)
Develops Board reporting on monitoring and testing trends, key issues and action plans
Cultivates strong relationships with senior management across TD.
Participates on executive committees as appropriate to effectively guide strategic direction and decision making
Develops and maintains constructive relationships between the Senior Management across TD and the Senior Compliance Leaders to build and maintain trust in TD by our regulators and our business partners
Provides routine and regular reporting of activities, issues and events, through appropriate channels
Maintains positive, honest, transparent, and constructive relationships with regulators
Ensures that Compliance Department strategic initiatives and directives are carried out effectively and that those strategic initiatives and directives comply with all relevant regulatory requirements, standards and expectations, as well as internal compliance policies.
Leads the builds of the US monitoring and testing framework
Sets and maintains compliance testing standards in consultation with control groups
Executes compliance testing over the businesses and control functions to oversee each business/control function
Ensures that testing execution is in compliance with the enterprise testing standards and is executed by individuals who are independent of the control design
Education & Experience:
Bachelor's degree required
10+ years related experience required
In-depth knowledge of financial services, regulatory industry practices
Strong management experience leading regulatory compliance activities
Regulatory, industry and operational knowledge with respect to testing and monitoring
Ability to operationally manage a complex team that has a wide variety of skill sets
Strong Control/Risk Management mindset
Negotiation skills and forward looking with an ability to drive and implement change and solve problems
Focus on developing and strengthening robust relationships with senior leaders and key stakeholders
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.
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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
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.
Colleague DevelopmentIf 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.
Training & OnboardingWe will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview ProcessWe’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.
AccommodationIf you are an applicant with a disability and need accommodations 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.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
À la TD, nous avons pour objectif d’enrichir la vie de nos clients, de nos collectivités et de nos collègues, et nous avons en commun un ensemble de valeurs qui façonnent notre culture et guident nos comportements. En échange de l’engagement quotidien de nos collègues à aider la TD à réussir, nous nous engageons à leur offrir une expérience de travail qui repose sur l’impact, la croissance et la culture de bienveillance.
Notre engagement à l’égard de la diversité, de l’équité et de l’inclusionÀ la TD, nous nous engageons à créer un milieu où les collègues peuvent être eux-mêmes au travail, avoir des possibilités équitables et se sentir respectés et soutenus. Nous avons à cœur de réunir un effectif inclusif qui reflète la diversité de notre clientèle et des collectivités où nous vivons et que nous servons.
Aider à changer les choses dans nos collectivités – La promesse TD Prêts à agirÀ la TD, nous avons un engagement de longue date à bâtir un avenir plus inclusif et durable. C’est la raison pour laquelle nous avons lancé en 2018 La promesse TD Prêts à agir, qui est maintenant un projet nord-américain pluriannuel.
#J-18808-Ljbffr