Compliance Specialist – Deposit Product, Fraud & Retail Regulations

Work Location:

Mount Laurel, New Jersey

Hours:

40

Pay Details:

$68,640 - $112,320 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

Compliance

Job Description:

Department Overview:

The compliance department provides compliance oversight and independent guidance for consumer banking products and supporting business lines.

• This role will provide compliance regulatory guidance and oversight for Deposit Product, Fraud and Retail and will be responsible for the following:
• Regulatory guidance and independent challenge/oversight for new products, projects, regulatory change
• Subject matter expertise in Consumer Banking regulations, for example: Reg CC, Reg DD, Reg E, Reg Z, E-Sign, FCRA, FDIC
• Conducting regulatory research
• Reviewing business line policies and procedures for adherence to applicable regulations
• Incident and issue management to determine regulatory impact and appropriate remediation
• Compliance risk assessments and control effectiveness reviews
• Supporting regulatory reviews including inquiries, audits, and exams
• Performing independent compliance reviews to test adherence to federal and state regulations

Below details are general outline of the role in addition to the above department specific overview

Job Description:

The Senior Compliance Business Oversight Analyst provides objective guidance, support and advice to assigned portfolio, business or function to promote strong Compliance controls and processes are in effect to mitigate inherent associated risks. This role contributes to the development and implementation of Compliance programs related to all aspects of Compliance laws.

Depth & Scope:

• Expected to exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to significant regulatory compliance risk matters.
• Empowered to make prudent professional decisions in rendering advice and counsel to business lines or assigned areas, on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives.
• Expert level professional role requiring in-depth knowledge/expertise in Compliance and working knowledge of broader related areas
• Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise
• Research, review and maintain expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws
• Acts as the primary subject matter expert for regulations applicable to business partners and provides guidance, consultation and expert advice with respect to the business partners' compliance with such regulations directly related to the operations of the business
• Creates training content and may train business partners on regulatory requirements
• Advises the business with respect to the implementation of new and amended regulatory requirements
• Independently reviews and utilizes discretion, judgement and specialized expertise in approving the documentation for business line use: disclosures; forms; customer-facing correspondence; operating procedures; and policies
• Independently performs targeted and periodic monitoring of business activities for compliance with regulatory requirements and regulator expectation
• Identifies and communicates areas of non-compliance and/or material control weaknesses
• Responsible for the oversight of business partners' remediation of regulatory issues, including exercising discretion and independent judgment in reviewing and appr