AVP, FCRM, Policy & Regulatory Change, Canada

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

$155,000 - $215,000 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:

The AVP, Policy and Regulatory Change is responsible for the strategic development, governance and lifecycle management of Canadian financial crime risk management policies and standards. This role ensure alignment with TDBG global frameworks, the Bank's risk appetite, and all applicable Canadian laws, rules and regulations.

The AVP will lead policy governance activities end-to-end – from environment scanning and emerging regulatory trend analysis, through definition and documentation of requirements, to implementation oversight. The role serves as a key liaison between Canadian business and global FCRM functions, regulators, and industry associations, representing the Bank's interest and advocating for sound regulatory and industry practices.

Job Profile Summary:

• Leads the development, maintenance and governance of Canadian financial crime risk management (FCRM) policies and standards, ensuring alignment with global policies and the Bank's enterprise risk and compliance frameworks, and compliance with Canadian laws, rules and regulations.
• Oversees the policy lifecycle in Canada, including drafting, consultation, approval, and implementation of policies and standards.
• Translates global standards and risk appetite into Canadian-specific policy requirements that reflect local laws, regulations and business realities.
• Monitors and assesses the external regulatory environment to identify and evaluate regulatory developments.
• Leads or supports advocacy efforts with Canadian government agencies, regulators, and industry associations to help shape effective and pragmatic financial crime regulations.
• Serves as a trusted point of contact for inquiries on regulations and requests relating to policy frameworks.
• Oversees the regulatory change management process for FCRM Canada, ensuring timely assessment of new or amended regulatory requirements and effective implementation across impacted business units.
• Effectively and appropriately partners with Canadian business segments and financial crime risk management teams to assess impacts of new or amended policies and standards, define control requirements, and ensure appropriate execution and governance.
• Provides subject matter expertise and credible challenge to business and functional partners on policy interpretation and application.

• Leads a team of professionals responsible for policy governance, regulatory analysis and standards development, determining the resources / skills / capabilities to effectively execute the end-to-end policy lifecycle. 
• Assesses team core competencies on an ongoing basis and supplements with appropriate expertise where needed.
• Builds strong relationships across global and Canadian teams to drive alignment, clarity and effective implementation of policy requirements.
• Maintains relationships with regulators as required and appropriate.
• Remains current on industry rules, regulations, and best practices to help ensure FCRM Policies and Standards meet regulatory standards.
• Actively pursues effective and efficient operations of their respective areas in accordance with TD Bank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/Sanctions and Conduct risk.
• Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the TD’s risk profile and control environment.

Education & Experience:

• Bachelor's or Master's degree strongly preferred.
• CAMS certification is an asset - certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license.
• 10+ years' experience in financial crime risk management, compliance, legal or regulatory affairs within a major financial institution.
• Deep understanding of Canadian financial crime legislation and regulatory frameworks.
• Proven experience in policy development, governance and regulatory change management.
• Financial crime compliance experience in the financial services industry.
• Experience engaging with regulators and industry associations on legislative and regulatory matters.
• Experience industry with respect to processes/controls to evaluate Financial Crime risk.
• Experience in managing / leading high performing staff.
• Detail-oriented and organized with the ability to maintain attention to detail.
• Strong strategic thinking, analytical, critical reasoning and communication skills; able to distill complex regulatory requirements into practical, risk-based policy.
• Proficient in MS Office.
• Excellent written and oral communication skills.
• Creative problem-solver with high level of learning agility and initiative.
• Proactive, curious and adaptive leader who anticipates change and drives continuous improvement.
• Deep commitment to maintaining the highest standards of ethics and integrity.
• Strong leadership qualities with the ability to assess and develop individual skills of team members by providing timely constructive feedback.
• Excellent interpersonal skills and ability to work effectively with colleagues across regions and business units.

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 (Quebec only):

Sans Objet