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TD · 2 hours ago

Head of Compliance, Real Estate Lending and TD Auto Finance

New York, NY

Full-time

Onsite

Director/Executive

$200K/yr - $280K/yr

10+ years exp

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches. The Head of Compliance will support the development and implementation of a regulatory compliance program while providing oversight for Auto Financing and Real Estate Secured Lending operations.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

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

Supports the development, maintenance and continuous enhancement of programs designed to provide effective, independent regulatory compliance risk management and oversight of business line(s) supported

Manages regulatory change and provide trusted and reliable reporting, advice and opinion to senior leadership and the Boards on the state of regulatory compliance risks, controls and outcomes

Works closely with business leaders to develop and operationalize the business plan and deliver on Compliance programs across the bank, additionally provides oversight on risk assessment process

Grows team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually looks for ways to provide and enhance the value delivered

Acts as a Compliance executive lead on various projects, overseeing and/or coordinating a diverse group of compliance professionals, project managers, analysts, business and corporate function specialists, risk and control partners, and other stakeholders

Coordinates with regulators from the Office of the Comptroller of the Currency (OCC), Federal Reserve Bank (Fed), Consumer Financial Protection Bureau (CFPB), Office of Supervision of Financial Institutions (OSFI) and internal audit to ensure compliance

Aids in development and enhances a scalable compliance program with effective program elements that mitigate areas of compliance risk and establish sustainable controls commensurate with the risk appetite and growth of the Bank and its relevant subsidiaries

Provides seasoned advice and counsel for executive business partners as they pertain to compliance for new business initiatives and compliance issue resolution

Serves as Compliance owner or resource on projects involving most critical and complex laws and regulations that have a significant impact on the operations or strategy of assigned LOBs

Oversees the development of internal processes to identify and manage compliance risks

Manages the review of trend analyses of RIMS, Implementation, and self-monitoring reports for assigned teams to ensure department standards are met

Oversees the planning, creation and maintenance of Corporate compliance database(s) to collect, manage and report information required by management

Oversees the resolution of compliance-related problems encountered by various areas of the Company as related to the most critical laws and regulations

Represents Department or Chairs various Company Committees to address activities that are impacted by compliance laws and regulations

Qualification

Regulatory Compliance ManagementRisk ManagementFinancial Services KnowledgePeople ManagementRegulatory Strategy DevelopmentAnalytical SkillsNegotiation SkillsCommunication SkillsCollaboration SkillsOrganizational Skills

Required

Bachelor's degree or progressive work experience in addition to experience below

10+ years related experience required

Certified Regulatory Compliance Manager (CRCM), law degree, regulatory, or risk management experience a plus

Extensive Operational knowledge as pertains to implementation of regulatory requirements

In-depth knowledge of financial services regulatory industry practices

Strong management experience leading regulatory compliance activities in the Real Estate Secured Lending and Auto Finance spaces

Strong Management skills in the development and mentoring of employees

Experience establishing and implementing effective regulatory strategies, policies and plans that support ongoing Company business

Strong management, organizational and evaluative process skills. Ability to analyze complex organizational and process issues to isolate regulatory risk exposure

Demonstrated ability to develop and maintain productive business relationships with internal partners and external regulators

Solid understanding of technology's role in the business and compliance controls

Effective negotiation and influencing skills

Strong analytical skills and ability to exercise sound judgment in development and selection of compliance solutions

Strong collaborative skills and experience leading and working in a matrix environment and on cross-functional teams

Excellent verbal and written communications skills, including the ability to persuade and influence a broad spectrum of constituents at all levels