Chief Compliance Officer, The Canada Trust Company and Wealth Compliance Head of Registered Plans, PT, PB, WISI, WAS (4909)

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 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:

Accountabilities

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 (RCM) Framework.

These include:

As Senior Business Oversight Manager, Wealth Compliance and CCO for The Canada Trust Company (TCTC) and providing second line compliance oversight for Registered Plans, 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 Regulatory Compliance Management (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

• Support independent monitoring and testing of the in-scope Wealth business lines.

• Proactively manage regulatory change by supporting the identifying, interpreting and assessing the impact of new regulatory requirements on the in-scope businesses as well as assisting the business in implementation

• 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.

• Maintain practices and procedures to communicate regulatory compliance requirements and standards and to manage regulatory risks

• Provide trusted, independent and objective guidance to business lines on identifying and managing various business risks with particular focus on compliance risk and conduct risk.

• Act as primary regulatory contact for securities regulators with respect to in-scope Wealth businesses and maintain positive, honest, transparent and constructive relationships with regulators

• Act as a thought leader across Compliance in addressing significant challenges and issues.

• Represent Compliance on applicable committees and forums for in-scope businesses.

Responsibilities

• With 1st Line Business – provide guidance and challenge to the 1st line's ongoing development of regulatory compliance management program and culture to strengthen its ability to detect and mitigate compliance risk across all Wealth businesses.

• With Legal and Risk Management– provide trusted, objective advice to help the business manage regulatory change and address regulatory risks. Provide practical guidance on business and operational elements, based on expertise, to assist in arriving at actionable solutions.

• With HR – coordination with respect to training, investigations and disciplinary matters

• With Canadian Banking Compliance (“CBC”) - CBC oversees banking related regulatory compliance risk for TCTC and Private Banking

• Lead relationships with applicable regulators for in-scope businesses

• Lead relationships with industry associations to support regulatory change

• With Compliance executive members, support, lead, set the Compliance culture, people development and training

• As CCO, TCTC, providing second line compliance oversight of TCTC and TD Wealth trust activities

• Provide second line compliance oversight for TD Wealth Private Banking, TD Wealth Insurance Services, and TD Wealth Advisory Services; support in-scope businesses to assess and provide products and services to external customers in compliance with applicable laws, managing reputational risks and strengthen customer trust in TD

• Compliance representation in TD committees and forums applicable to TCTC and TD Wealth Trust activities, TD Wealth Private Banking, TD Wealth Insurance Services and TD Wealth Advisory Services

CCO, TCTC and compliance oversight for TD Wealth Private Banking, TD Wealth Insurance Services and TD Wealth Advisory Services:

• Effectiveness of day-to-day business RCM controls and Compliance program for in-scope businesses

• Operate within TD's risk appetite and the Compliance risk appetite

• Obtain satisfactory ratings on regulatory examinations and internal audits

• Oversee/support monitoring and testing plan in accordance with targets

Skills, Education & Experience

• 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 TD's 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 world's 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 95,000 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:
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.

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 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
Your accessibility is important to us. Please let us know if you’d 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):