Vice President Compliance-Model Data and Governance

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Compliance

Pay Detail:

150,000 - 180,000 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.

Job Description:

Preferred Qualifications:

The VP, Compliance – Model and Data Governance is responsible for ensuring AI and data usage within TDS Compliance aligns with enterprise strategy and governance principles.  The role also involves monitoring the performance of AI models and agents to ensure effective and sound implementation.  In addition, the role will work closely with data scientists and data analysts within the Compliance Intelligence Unit, as well as the broader TDS Compliance and Compliance Technology towards effective and timely implementation of the TDS Compliance AI and data strategy.

The Global Compliance Department oversees regulatory compliance across TDBG in accordance with the Global Compliance Operating Framework. The department promotes regulatory compliance by developing and maintaining compliance programs, identifying and disseminating regulatory developments to supported businesses, maintaining Compliance policies, managing complaints and regulatory filings, providing relevant training, carrying out independent monitoring and oversight activities, reporting on the state of compliance to the Board, UDP and senior management, as needed, and providing advice and support, as required.

Role Scope

·    Work with the rest of the Compliance Intelligence Unit as a senior Compliance professional focused on data, AI integration, enterprise governance, and  program enhancement.

·    Ensure Compliance data accessibility and quality, and adherence to enterprise data and AI usage standards.

·    Operate as a leader of change and a culture-carrier for excellence and continuous improvement across Compliance program enhancement activities.

·    Execute the role in support of a highly effective, efficient, focused, embedded and sustainable surveillance program.

Functional Accountabilities

AI, Advanced Analytics and Compliance Data

·    Monitor performance of AI models and agents.

·    Build and maintain business intelligence dashboards.

·    Evaluate AI usage within Compliance to ensure impact, scalability, safety and sustainability.

·    Define requirements for ingestion and integration of data in the Compliance Data Repository.

·    Define requirements for data quality across all data used in Compliance, including completeness, timeliness, accuracy and lineage.

·    Ensure AI and data usage within Compliance adheres to enterprise standards and governance.

Program Enhancement and Regulatory Alignment

·    Lead reviews of the current program and work with Advisory Compliance, Technology, and first line of defense business and risk and control partners to enhance the program consistent with regulatory expectations.

·    Align program enhancement activities to expectations of relevant regulatory authorities, including SEC, CFTC, Federal Reserve, OCC, Financial Conduct Authority, MAS, HKMA and UK PRA.

·    Support strategic focus and actively work with IT, Communications Surveillance leadership and Trade Surveillance leadership to produce a highly effective, efficient, focused, embedded and sustainable surveillance program.

·    Coordinate and participate in vendor and client roundtable forums and industry conferences or events focused on surveillance.

·    Support the documentation and enhancement of policies and procedures to ensure the program is documented and evidenced consistent with firm and regulatory requirements.

Shared Governance and Leadership Accountabilities

·    With business and other Risk partners, promote a strong governance and control environment with periodic assessments against industry practices.

·    With Risk, ensure the Bank operates within the compliance risk appetite and that operational risk from a Compliance standpoint is effectively mitigated, assessed and managed.

·    Remain current on emerging risks, trends and evolving regulatory requirements for Compliance and the QM and QAR teams.

·    Build a positive, diverse and open work environment by continually improving efficiency, sharing deep knowledge and skills, and encouraging the team to deliver results.

·    Attract, develop and retain talent, and maintain an active talent pipeline.

·    Advance TD’s leadership development, colleague experience and diversity agenda.

Required Experience and Technical Competencies

Markets, Compliance and Surveillance Experience

·    Minimum of 5 years of bank/broker-dealer compliance or related experience, or first line business risk and controls experience.

·    Strong product knowledge of equities, options, futures, FX, rates, currencies and fixed income products.

·    Familiarity with leading surveillance vendors.

·    Deep understanding of global market conduct and market abuse laws, rules and regulations, as well as compliance strategies and risk management methodologies for measuring, monitoring and reporting conduct and market manipulation risk.

Data, Quantitative and AI Competencies

·    Strong quantitative skills and ability to program or prototype surveillance patterns and models.

·    Deep understanding of Compliance data requirements, data quality tooling, data quality reporting and governance.

·    Outstanding leadership and technical skills.

·    Innovative, creative and collaborative approach to change management.

Operating Model Experience

·    Demonstrated expertise in change management, project management and surveillance operations, including remediation, ongoing monitoring of surveillance operations, data defects and data remediation.

·    Demonstrated ability to execute project deliverables in a timely and high-quality manner.

·    Demonstrated ability to collaborate with diverse stakeholders and functions, including first line business partners, Risk, Technology and Audit, and to build effective working relationships with those stakeholders and constituents.

General Description:

The VP Compliance TDS oversees/leads a team(s) of specialists/professionals providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk.

Depth & Scope:

Works independently and is accountable for managing a specialized compliance area, business or function and leads a team of specialists

Subject matter expert for a functional area

Key contact for business management, regulators and external/internal auditors, dealing with non-routine information

Focuses on short to mid- range planning (e.g. 6-12 months)

Manages regulatory reviews including inquiries, audits, and exams

Education & Experience:

Bachelors degree or progressive work experience

5-7 Years of related experience

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 Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

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 [email protected].  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.