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TD · 4 months ago

Senior Compliance Business Oversight Analyst

Greenville, South Carolina

Full-time

Onsite

Mid, Senior Level

$72K/yr - $118K/yr

5+ years exp

TD Bank is one of the world's leading global financial institutions, and they are seeking a Senior Compliance Business Oversight Analyst to promote strong compliance controls and processes. This role involves providing objective guidance and support to ensure compliance with regulatory requirements while managing day-to-day operations and contributing to the development of compliance programs.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

Assessing regulatory compliance risk and conduct risk within the U.S. Wealth businesses

Independently testing, monitoring and assessing the adequacy of, adherence to and effectiveness of Compliance Management System (CMS) programs and controls in the business units throughout U.S. Wealth businesses

Delivering independent challenge and objective guidance to business units

Proactively managing regulatory change

Establishing and maintaining, or providing oversight of and challenge to, policies designed to meet regulatory requirements and manage regulatory compliance risk and conduct risk

Provides objective guidance, support and advice to assigned portfolio, business or function to promote strong Compliance controls and processes are in effect to mitigate inherent associated risks

Expected to exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to significant regulatory compliance risk matters

Empowered to make prudent professional decisions in rendering advice and counsel to business lines or assigned areas, on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives

Expert level professional role requiring in-depth knowledge/expertise in Compliance and working knowledge of broader related areas

Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise

Research, review and maintain expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws

Acts as the primary subject matter expert for regulations applicable to business partners and provides guidance, consultation and expert advice with respect to the business partners' compliance with such regulations directly related to the operations of the business

Creates training content and may train business partners on regulatory requirements

Advises the business with respect to the implementation of new and amended regulatory requirements

Independently reviews and utilizes discretion, judgement and specialized expertise in approving the documentation for business line use: disclosures; forms; customer-facing correspondence; operating procedures; and policies

Independently performs targeted and periodic monitoring of business activities for compliance with regulatory requirements and regulator expectation

Identifies and communicates areas of non-compliance and/or material control weaknesses

Responsible for the oversight of business partners' remediation of regulatory issues, including exercising discretion and independent judgment in reviewing and approving remediation action plans

Responsible for assessing regulatory risk associated with new products, services and other initiatives that have significant operational or financial impact

Integrates the broader organizational context into advice and solutions within the Compliance area

Understands the industry, competition and the factors that differentiate the organization

Leads 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

Recommends and implements solutions within own area of responsibility

May need to coordinate/integrate work with other areas as needed

Identifies and leads problem resolution for complex requirements related issues at all levels

Qualification

Compliance expertiseRegulatory risk assessmentData analysisWealth management experienceProject managementAnalytical skillsEntrepreneurial mindsetTraining developmentAttention to detailTeam collaborationCommunication skillsProblem-solvingAdaptabilityCustomer focus

Required

Undergraduate degree or equivalent work experience

5+ years of experience

Preferred

Experience working in an integrated wealth business as a bank subsidiary, a focus on securities investment management and fiduciary activities, state insurance regulatory requirements and securities regulatory requirements for activities involving the recommendation or sale of non-deposit investment products (NDIP) to retail bank customers is preferred

Experience in leading initiatives that enhance processes for better resource management and performance

Ability to manage multiple competing deliverables and changing priorities

Experience in analyzing data to create trend reporting

Knowledge and experience within compliance or audit, legal and regulatory environment, enterprise governance framework, products and services, policies, standards, systems, reporting and training requirements a plus

Knowledge of current and emerging trends, including regulatory expectations and standards for effective compliance management systems

Ability to research, interpret and summarize relevant regulatory expectations, laws, regulations and impacts to Compliance Program elements

Skill in using computer applications including MS Office Suite

Ability to independently identify, assess, and escalate issues requiring senior management attention