Work Location:
New York, New York, United States of America
Hours:
40
Line of Business:
Compliance
Pay Detail:
$225,000 - $250,000 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.
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Job Description:
We are looking for a Director, US Markets Compliance Advisory to join our team in New York City. The ideal candidate must have compliance experience in the investment banking space, preferably in an advisory capacity. The Director will primarily focus on the management of the firms compliance program supporting all corporate investment banking Functions including M&A, Debt and Equity Capital Markets.
The Director 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.
Responsibilities:
- Directs day-to-day activities of the Investment Banking Compliance team in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits. Communicates the Bank's risk culture and risk appetite statement throughout the Investment Banking Compliance team. Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Designs, develops, delivers and maintains best-in-class programs, policies and practices globally for Investment Banking Compliance within TD Securities (USA) LLC.
- Ensure comprehensive and robust policies and procedures (including written supervisory procedures) governing investment banking, securities underwriting, private placements.
- Provides strategic vision to the development and build out of a global Investment Banking Compliance program and Control Room across Canada, US, Europe and Asia Pacific. Leads the provision of expert guidance on function/business/product regulations on a real-time basis to manage compliance risk.
- Provides day-to-day strategic advice and guidance to front office and relevant control functions regarding (i) public and private offerings of equity and debt securities
- Oversees the monitoring and identification of regulatory developments, including enforcement actions, and new laws, regulations, rules, and interpretations or guidance relating to Investment Banking Compliance across all jurisdictions. Analyzing and scoping the impact of new and complex regulatory and compliance developments across senior function/business/product, including cross-border impact.
- Leading initiatives and managing high-impact special project work streams with a results-driven focus to deliver solutions, including the coordination of global implementations of new regulatory requirements.
- Participating in industry groups and trade association working groups or other forums.
- Accountable for the investigative process related to possible instances of non-compliance and ensures escalation to the appropriate teams/individuals for appropriate remediation or corrective actions as required.
- Assist with development and delivery of training program for front office personnel and relevant control personnel.
Depth & Scope
- Accountable for a significant area(s)/broad business units of Compliance that typically has enterprise wide impact or accountability.
- Position deals with senior/executive management.
- Key contact for business management, regulators and external/internal auditors, dealing with a broad range of issues including non-routine information.
- Focuses on longer-range planning for functional area (e.g. 12 months or greater).
- Manages and prioritizes multiple projects at a given time.
Education & Experience:
- Bachelors degree or progressive work experience
- 7-10 years related experience
Preferred Qualifications:
- 7-10 years related experience, ideally 10+ years of compliance advisory experience. Similar experience with a regulator or law firm will be considered.
- Experience in providing legal, regulatory or compliance advice to Markets sales and trading
- Knowledge Corporate Investment Banking and Capital Markets • Directs day-to-day activities of the Investment Banking Compliance team in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits. Communicates the Bank's risk culture and risk appetite statement throughout the Investment Banking Compliance team. Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Strong knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact. Specifically, FED, FINRA, SEC, CFTC, NYSE, and OCC including Securities Act, Reg M, SPAC Rules, Trade Reporting, Etc.
- Excellent oral and written communication skills.
- Ability to make, support and defend difficult and complex regulatory/compliance decisions in a fast-paced and high pressured environment.
- Ability to project confidence and professionalism in dealings with senior business personnel.
- Strong knowledge of technology infrastructure and global booking models
- Ability to work on multiple projects in a fast paced environment
- Ability to work effectively in a global environment; leveraging and sharing best practices and insights with colleagues globally;
- JD a plus
- Accountable for a significant area(s)/broad business units of Compliance that typically has enterprise wide impact or accountability.
- Position deals with senior/executive management.
- Key contact for business management, regulators and external/internal auditors, dealing with a broad range of issues including non-routine information.
- Focuses on longer-range planning for functional area (e.g. 12 months or greater).
- Manages and prioritizes multiple projects at a given time.
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 help clients meet their needs today and prepare for tomorrow. 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. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.
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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.
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
If you are an applicant with a disability and need accommodations to complete the application process, email the 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 application process.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.