Compliance Business Oversight Manager - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Compliance Business Oversight Manager:

BR

Job Category - Primary

Anti-Money Laundering / Compliance & Regulatory Relations

Work Location

TD Centre
South 79 Wellington Street West

Employment Type

Regular

City

Toronto

Time Type

Full Time

Province/State

Ontario

Hours

37.5

Workplace Model

Hybrid

Pay Details

Department Overview

The Global Compliance Department is responsible for overseeing Regulatory Compliance across TDBG in accordance with the Global Compliance Department Mandate, Framework and Standards. This includes independently assessing the adequacy, adherence and effectiveness of regulatory compliance management programs and controls in the business. The department also delivers objective guidance and independent challenge to the business, proactively managing regulatory change and providing trusted and reliable reporting, advice and opinion to senior leadership and the Board on the state of regulatory compliance risks, controls and outcomes.
As part of the Global Regulatory Change and Library Governance, the team provides daytoday support to various areas Oversight Functions. As a second line of defense, Global Regulatory Change and Library Governance Team is responsible for the oversight and monitoring of TD Regulatory Library and Regulatory Feeds; driving a consistent, adaptable and effective process across the organization.

The role of Global Regulatory Change and Library Governance Manger is to:

Provide oversight and monitoring of the Regulatory Library and Regulatory Change Management.
Develop and communicate enterprise governance and control related to TD's regulatory inventory and regulatory change.
Oversee and report issues associated with the inventories and regulatory change feeds.
Develop and deliver specialized/ad hoc training, as required.

Job Details

Reporting to the Senior Manager, the Manager will support the Enterprise Compliance Program, including Regulatory Library and Regulatory Change program, technology and processes.

The incumbent will work with Oversight Functions and Risk Owners across TD.
This is an exciting opportunity for individuals with expertise in the field of governance, risk and controls.

Specific accountabilities include the following:

Perform a leadership role in the ongoing execution of the MERLIN Regulatory Library/Feed and the Regulatory Change Management Feed with Oversight Functions Regulatory Change Leads.
Facilitate enterprisewide oversight and governance of the global regulatory library process, ensuring that all Law, Rules and Regulation mapping is complete or adequate rationale is provided if incomplete.
Perform reconciliation against regulatory library for manual intake items, and execution of manual updates to library.
Provide oversight to ensure Key Controls are implemented correctly and occurring effectively.
Support the Oversight Functions Executive in attesting to the completeness and accuracy of the regulatory library on a periodic basis.
Monitor and report on compliance with the Standard
Perform review and challenge of Oversight Functions Regulatory Change Management procedure for alignment against the Standard
Establish strong relationships with Regulatory Change Leads acting as a primary contact for TD's centralized inventory for law, rules and regulations and the regulatory change workflow.

Job Requirements

Knowledge of relevant legislation, regulations, and industry standards, as it applies to privacy, banking, payments, wealth management and insurance
Ability to work independently, think critically and make decisions
Ability to manage high volumes of work in a fastpaced environment and manage multiple priorities
Highly organized and flexible in prioritizing various work demands
Able to work collaborative and as part of a team
Ability to influence people and deal with conflicting points of view
Ability to deal with all levels of staff within the enterprise
Strong verbal and written communication skills
Welldeveloped organizational awareness and business acumen
Strong relationship management skills
Able to accept and manage conflicting points of view and work collaboratively
Ability to think "out of the box" to effect creative and responsive solutions
Professional experience in Corporate Office Areas
Professional experience in a governance related field (e.g. Compliance, Risk Management, AML, Legal, Audit)

Additional Information

Undergraduate degree
Relevant professional designations and/or certifications as required
7+ years relevant experience

Company Overview

Our Values

At TD we're guided by our purpose is to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior.

In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Imp