Associate Vice President, Wealth Compliance, Regulatory Strategy and Innovation & Chief Compliance Officer, The Canada Trust Company

Work Location:

Hours:

Line of Business:

Pay Details:

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 candidates 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:

Job Description:

Accountabilities adhere to the TD Compliance Department Mandate follow the executive mandate for the role and are executed in accordance with key Compliance Program elements and processes established in the Enterprise Regulatory Compliance Management Framework.

Depth and Scope:

As AVP Wealth Compliance and CCO for The Canada Trust Company (TCTC) and providing second line compliance oversight for TD Wealth Private Banking TD Wealth Insurance Services and TD Wealth Advisory Services:

• Act as Chief Compliance Officer (CCO) for TCTC focusing on providing compliance oversight over Private Trust and Wealth registered plans activities
• Assess the adequacy of adherence to and effectiveness of day-to-day RCM controls applicable to TCTC and TD Wealth trust activities TD Wealth Private Banking TD Wealth Insurance Services and TD Wealth Advisory Services based on independent monitoring and testing conducted and other data sources and indicators using a risk-based approach.
• Lead and maintain the Compliance Program and conduct risk program for in-scope businesses to assist the businesses in upholding a strong culture of compliance and provide independent oversight of the management of compliance with applicable laws regulations and guidelines using a risk-based approach
• Oversee second line monitoring and testing of in-scope businesses
• Share early indications of significant regulatory issues that could materially impact earnings or reputational risk with Business Segment leaders of in-scope businesses
• Provide compliance and applicable regulatory reporting including actual or potential non-compliance including emerging trends and risks.
• Represent Compliance on applicable committees and forums for in-scope businesses.

As AVP Wealth Compliance:

• Oversee and manage regulatory risk across Wealth business lines and in-scope businesses by providing executive ownership of Compliance assessments of Wealths risk management environment as well as Wealth self-assessment and Compliances policy development & maintenance to ensure adherence and alignment to Enterprise standards as well as timely effective and efficient issues identification management reporting to ACoB ERMC Wealth Risk Committee and Wealth and Compliance business leaders.
• Provide trusted independent and objective guidance and strategic insights to Wealth business leaders on identifying and managing regulatory compliance.
• Lead TD strategic engagement and relationship management with regulators of in-scope business as well as Wealth and non-Wealth regulators with support from the TD Wealth legal entity CCOs and/or industry associations on regulatory changes trends emerging risks and business priorities. Maintain positive honest transparent and constructive relationships with in-scope regulators.
• As determined by CSET provide Wealth Compliance Department Regulatory Compliance Management (RCM) Assessment to support the CCO Opinion which assesses effectiveness based on the degree of maturity in implementing executing and evidencing each key element and process of the Enterprise RCM Framework.
• Lead enhancement of the Compliance program to effectively respond to changing/increasing Compliance oversight mandate and ensure alignment with the evolving Enterprise RCM Program and Standards.
• Assess the governance procedures and reporting that support and facilitate the execution of the Enterprise RCM Framework elements and processes and fulfillment of the TD Compliance Departments mandate.
• Maintain practices and procedures to communicate regulatory compliance requirements and standards and to manage regulatory risks
• Provide executive leadership to drive efficiency and effectiveness improvements in Wealth Compliance by accelerating technology enablement business process improvement and the use of collaboration tools enhanced data analytics automation and machine learning to advance the Wealth Compliance programs leveraging TD expertise.
• Act as a thought leader across Compliance in addressing significant challenges and issues.
• Develop and maintain robust relationships between Senior Business Management across TD.
• Where assigned lead assess and/or facilitate execution of remediation activities to address issues or matters impacting Wealth Compliance and/or other Compliance Units

Experience and Skills:

• 10 years relevant work experience

• University degree required: Post Graduate degree preferred;
• Relevant training and industry certifications including registration as Chief Compliance Officer (accreditations proficiencies and course completions e.g. Canadian Securities Course)
• Regulatory experience and experience in compliance or risk management programs is highly-desirable with preference for candidates who can demonstrate development of program elements and/or implementation of regulatory change management

• Deep regulatory financial industry and operational knowledge and proficiencies
• Ability to assess compliance risk to prioritize issues.
• Strong Control/Risk Management mindset.
• Forward looking and able to drive and implement change
• Data fluency & leveraging technology to drive productivity and effectiveness improvements
• Strong people leader which facilitates the Carrying out TDs People Strategies to attract retain develop and engage a highly qualified team
• Ability to manage large number of complex issues and priorities effectively at the same time and juggle priorities as demands warrant.

Who We Are:

TD is one of the worlds 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 95000 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 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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 youre 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.

Were 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 youve got everything you need to succeed in your new role.

Interview Process
Well 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 youd 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):