US Head of Business Compliance COE (1B)

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$220,000 - $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:

Governance & Control

Job Description:

The Head of Business Compliance is accountable for leading / managing the overall operational effectiveness, in support of the function's own first line of defense accountabilities, and 1B oversight for Compliance matters across all AMCB lines of businesses. The Head of Business Compliance leads the implementation of regulatory change management and provides guidance to the team in the development and / or integrated implementation of policies / procedures / changes across multiple business / functional areas.  The Head of Business Compliance coordinates with AMCB business unit leaders / partners, and various control / enabling groups across TD to ensure consistency and compliance with Laws Rules and Regulations when implementing programs, initiatives, policies and standards. The Head of Business Compliance oversees / leads a Center of Excellence for Governance and Control for all of AMCB lines of businesses. This is the first point of contact for all compliance related matters that need attention in the 1st Line of Defense, support 1st Line execution of various 2nd Line Program requirements, regulatory and audit concerns, Privacy issues, Compliance Regulatory Management, UDAAP and Fair Banking compliance support for the 1st Line.

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, communicates, and implements a holistic governance and control strategy for 1B oversight for all Compliance matters across all AMCB lines of businesses in support of and integrated with the overall business strategy
• Leads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies / procedures / changes across multiple business / functional areas
• Accountable for executive oversight and leadership for the effective execution of compliance risk frameworks across AMCB LOBs
• Consults and if applicable reports on non-program compliance; Reviews and challenges program results and conducts independent assessments as necessary
• Manages AMCB LOB oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed 
• Responsible for HMDA/CRA reporting
• Works closely with AMCB LOBs and 2nd line control partners to monitor and respond to regulatory changes 
• Collaborates with other controls groups to provide support to the 1B pillars as well as the AMCB LOBs as it relates to understanding and adhering to the frameworks required
• Development of risk and control resources and talent across AMCB LOBs
• Compliance oversight of the following businesses within the Consumer Bank, Commercial Bank, Chief Operating Office and Corporate Functions, including: 
• 1) TD Auto Finance; 2) Credit Card; 3) Deposits; 4) Residential Lending; 5) Retail Branches; 6) Unsecured Lending ; 7) Wealth;  8) Corporate Products & Services; 9) Small Business Banking; 10) Commercial Banking; and 11) Consumer and Commercial Operations.

Education & Experience:

• Bachelor’s degree required; advanced degree (CRCM/Law Degree ) preferred
• 15+ years of related experience in Compliance with focus on: Credit Risk Policy and Process, Issue Remediation, Regulatory Risk, Consumer Laws, Rules, Regs Compliance, Operational Risk Management and/or Quality Assurance , Audit, Risk Management and/or similar experience preferred
• Management and employee development experience and skills  required
• PC Skills/Experience with MS Office Suite
• Demonstrated ability to oversee/manage multiple initiatives, projects or tasks that are often spread over a lengthy time continuum and/or are complex and multi-faceted
• Must be skilled in scheduling/delegating activities and prioritizing accountabilities, projects and tasks to ensure proper resourcing to satisfy  established deadlines
• Must possess high level analytical skills and the ability to think strategically as well as tactically
• Excellent relationship management skills required, including the ability to mediate in difficult situations and influence outcomes in a respectful, professional and effective manner
• Exhibits strong decision making abilities and follows through on assigned tasks
• Must possess excellent communication and presentation skills
• Must be willing to travel throughout company footprint

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• 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

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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. 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.

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.

 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.