Central Supervision Team Lead - Cherry Hill, NJ

Work Location:

Cherry Hill, New Jersey, United States of America

Hours:

40

Pay Details:

$86,840 - $130,000 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.

Line of Business:

TD Wealth

Job Description:

The Central Supervision Team Lead is a FINRA and SEC regulatory supervisory principal position with the Central Office of Supervisory Jurisdiction (OSJ). This role assists in the regulatory oversight for TD Private Client Wealth, (TDPCW), a US registered Investment Advisory Service and a US Broker Dealer and TD Wealth Management Services Inc. (TDWMSI).

The Central Supervision Department performs essential trade surveillance and electronic communications monitoring functions. The Central Supervision Team Lead maintains all essential platforms used to perform these monitoring functions, including launching, and maintaining system configurations and applicable rules engines. This role leads a team of Central Supervisory Analysts performing additional duties to oversee the effectiveness and accuracy of the performed activities, monitor SLAs, and report on various key metrics. 
This role works closely with the supervision, operations, compliance, and risk departments of the US Wealth organization.

Depth & Scope:             

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork, and handling any/all disciplinary actions, as required
• Serves as a team leader, leading the Central Supervision Analysts on a day-to-day basis, including monitoring adherence to established SLAs and maintaining appropriate staffing levels
• Calibrates the FIS Supervision Compliance Manager (FIS SCM) automated surveillance system to ensure proper line of sight of activity including identifying trades, patterns, and trends
• Maintains and develops platforms and system configurations used to monitor various forms of electronic communications, including onboarding new vendors/technology, as needed
• Maintains and develops systems used to monitor employee trade monitoring and other supervisory functions delegated to the centralized supervisory unit
• Prepares various trend reporting used by the field supervision team in their oversight of Firm business to help identify trends areas of concern
• Responds to inquiries, both internal and external, to produce various evidence of performed activities, as needed
• Assists with the development and maintenance of the department's written supervisory and desktop procedures
• Oversees overall end-to-end trade surveillance and other applicable workflows, including identification and execution of process efficiencies and enhancements
• Proactively identifies areas for process improvement and/or enhanced risk identification
• Performs necessary reviews and activities, as a player/coach, when appropriate

The Central Supervision Unit

• Performs various monitoring activities including trade and electronic communication reviews on a day-to-day basis, adhering to established SLAs
• Reviews and dispositions flagged trades, trends and patterns identified by the FIS Supervision Compliance Manager automated surveillance system and escalates matters to the field supervision team
• Reviews and dispositions identified electronic communications, including email, texting, and social media and escalates matters to the field supervision team
• Performs employee trade monitoring and other supervisory functions delegated to the centralized supervisory unit

Education & Experience:

• College degree or equivalent experience required
• 7+ years of Brokerage industry experience
• FINRA Series 7 Required
• FINRA Series 24 Required (or FINRA Series 9/10) (Required or ability to obtain within scheduled time)
• State Life & Health Insurance License (Preferred)
• FINRA Series 65 or 66 (Preferred)
• FINRA Series 63 (Preferred)
• Computer skills: In addition to MS Office software, experienc