US Head of Business Compliance COE (1B)

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$220,000 - $280,000 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:

Governance & Control

Job Description:

The Head of Business Compliance is accountable for leading / managing the overall operational effectiveness, in support of the function's own first line of defense accountabilities, and 1B oversight for Compliance matters across all AMCB lines of businesses. The Head of Business Compliance leads the implementation of regulatory change management and provides guidance to the team in the development and / or integrated implementation of policies / procedures / changes across multiple business / functional areas.  The Head of Business Compliance coordinates with AMCB business unit leaders / partners, and various control / enabling groups across TD to ensure consistency and compliance with Laws Rules and Regulations when implementing programs, initiatives, policies and standards. The Head of Business Compliance oversees / leads a Center of Excellence for Governance and Control for all of AMCB lines of businesses. This is the first point of contact for all compliance related matters that need attention in the 1st Line of Defense, support 1st Line execution of various 2nd Line Program requirements, regulatory and audit concerns, Privacy issues, Compliance Regulatory Management, UDAAP and Fair Banking compliance support for the 1st Line.

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
• Develops, communicates, and implements a holistic governance and control strategy for 1B oversight for all Compliance matters across all AMCB lines of businesses in support of and integrated with the overall business strategy
• Leads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies / procedures / changes across multiple business / functional areas
• Accountable for executive oversight and leadership for the effective execution of compliance risk frameworks across AMCB LOBs
• Consults and if applicable reports on non-program compliance; Reviews and challenges program results and conducts independent assessments as necessary
• Manages AMCB LOB oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed 
• Responsible for HMDA/CRA reporting
• Works closely with AMCB LOBs and 2nd line control partners to monitor and respond to regulatory changes 
• Collaborates with other controls groups to provide support to the 1B pillars as well as the AMCB LOBs as it relates to understanding and adhering to the frameworks required
• Development of risk and control resources and talent across AMCB LOBs
• Compliance oversight of the following businesses within the Consumer Bank, Commercial Bank, Chief Operating Office and Corporate Functions, including: 
• 1) TD Auto Finance; 2) Credit Card; 3) Deposits; 4) Residential Lending; 5) Retail Branches; 6) Unsecured Lending ; 7) Wealth;  8) Corporate Products & Services; 9) Small Business Banking; 10) Commercial Banking; and 11) Consumer and Commercial Operations.

Education & Experience:

• Bachelor’s degree required; advanced degree (CRCM/Law Degree ) preferred
• 15+ years of related experience in Compliance with focus on: Credit Risk Policy and Process, Issue Remediation, Regulatory Risk, Consumer Laws, Rules, Regs Compliance, Operational Risk Management and/or Quality Assurance , Audit, Risk Management and/or similar experience preferred
• Management and employee development experience and skills  required
• PC Skills/Experience with MS Office Suite
• Demonstrated ability to oversee/manage m