VP Compliance Manager, Trade Surveillance Quality Assurance - TD Securities (US)

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

Compliance

Pay Detail:

$150,000 - $185,000 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.

Job Description:

Our TD Securities Compliance team is seeking a VP Compliance Manager for the brand new Trade Surveillance Quality Assurance team to develop and build out a global Surveillance QA program.

The Surveillance Quality Assurance Manager will contribute to and help lead a specialized function responsible for evaluating the effectiveness of the firm's surveillance framework across trade and communications monitoring. The incumbent will report to the Director of Surveillance Quality Assurance and will be part of the broader Surveillance Intelligence Unit, comprised of the Surveillance Data Quality Team, Surveillance Quantitative Analysis Team, and Surveillance Quality Assurance Team.  The SIU in turn reports to the Global Head of Surveillance. This incumbent will ensure that surveillance alerts related to trading activities of firm employees (sales and trading) and clients, and employee electronic communications alert, are reviewed appropriately, with accurate dispositions and appropriate close-out commentary (rationale).

Leveraging data-driven methodologies, including Natural Language Processing (NLP) and advanced surveillance tooling, the incumbent will work to enhance the existing surveillance quality assurance (QA) program and continue to drive accuracy, consistency, and compliance with departmental review procedures. The incumbent will collaborate closely with Trade Surveillance and Communications Surveillance Team leads, who are responsible for identifying and escalating potential market abuse alerts to Advisory Compliance and business supervisors. The incumbent will be responsible for assuring that alert review processes align with firm requirements and global regulatory expectations.

Department Overview:
Our team of trusted Surveillance Compliance professionals engages with key stakeholders across TD Securities, including Markets sales and trading leaders, Technology, Advisory Compliance, and Risk functions. The incumbent provides strategic guidance and independent oversight of the surveillance output and analyst dispositions of alerts, and suggested enhancements to the program. Through due diligence, and with a strong sense of integrity, we help mitigate potential risks to the surveillance program, and ultimately the global Markets business, by delivering and comprehensive and effective second-line compliance surveillance function.  Safeguarding the reputation of Compliance's good governance depends on us.

Key Responsibilities:

The incumbent will assist the Director of Quality Assurance with providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk. The Surveillance Quality Assurance Manager will work with the Director of Surveillance Quality Assurance to:

• Evaluate and enhance the design and operational effectiveness of TDS's existing Surveillance QA function. 

• Implement enhancements to Surveillance QA processes, alert review standards, and technology infrastructure (e.g., case management system) to optimize the efficiency and accuracy of analyst alert reviews.

•  Lead Quality Assurance reviews and drive Improvement.

• Conduct regular reviews of surveillance alerts across FX, Fixed Income, Commodities, Exchange-Traded Products, and Electronic Communications surveillance alerts.

• Provide feedback to surveillance analysts and surveillance product heads (i.e., FX, FICC, Equities, and Communications Surveillance lead) to improve the accuracy, consistency, and completeness of alert reviews and alert dispositions.

• Document review findings, highlighting emerging risks, process inefficiencies, and opportunities for process enhancement.

• Partner with Surveillance Data Quants and Compliance Technology teams to refine the tooling and methodology for conducting surveillance QA reviews using advanced