Senior Compliance Business Oversight Manager EPOCH (US)

Work Location: New York, New York, United States of America

Hours: 40

Pay Details: $124,280 - $186,160 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: Compliance Job Description:

Why Work with Us?

At TD Bank US Compliance, we're on a mission to build a more resilient and scalable compliance risk management function. As part of our team, you'll play a key role in reshaping compliance structures and processes, driving innovation at every level. Here, each team member has a chance to make a tangible impact – both in day-to-day operations and in the design of a future-focused compliance program. This not just about implementing a new program – it's about creating a culture of compliance that will cascade throughout the organization.

The Ideal Candidate

The ideal candidate will thrive in a fast-paced, start-up-like setting as we build a new compliance structure that aligns with the bank’s size, complexity, and risk profile. In this role, you’ll need to be strategic, tactical, collaborative and creative in your approach. You will manage day-to-day operations while also helping design and implement a forward-thinking compliance program for the future.

Beyond technical expertise, we’re looking for someone with an entrepreneurial mindset—someone who can "roll up their sleeves", takes the initiative and can anticipate needs before they arise. A comfort level with ambiguity and the ability to excel in a dynamic, evolving landscape are essential as the US Compliance team redefines the bank's compliance program and structure.

Most importantly, the right candidate is seeking an intellectual challenge, has a desire to learn, and is committed to building something impactful from the ground up. At TD Bank, you’ll have the unique opportunity to help shape the future of the bank while collaborating with a team of enthusiastic colleagues dedicated to setting new industry standards.

Core Required Capabilities

• Institutional RIA regulatory expertise. Demonstrates deep working knowledge of the Investment Advisers Act of 1940, SEC Rule 206(4)-7 compliance program expectations, fiduciary obligations, Form ADV requirements, books and records, code of ethics, personal trading, marketing, custody, valuation, proxy voting, best execution, and conflicts management as applied to an institutional asset management business.
• Independent compliance oversight and credible challenge. Provides objective guidance and independent challenge to business leaders, portfolio management, trading, operations, client service, technology, risk, and legal partners. Identifies when business practices, controls, disclosures, or governance require enhancement and can support conclusions with sound regulatory analysis.
• CCO delegate mindset with clear escalation discipline. Operates with a high degree of independence and can make well-reasoned compliance decisions within delegated authority, while keeping the CCO informed of material developments, emerging risks, regulatory matters, significant control gaps, and decisions that may require executive judgment.
• Compliance program ownership. Owns or materially leads key elements of the RIA compliance program, including policies and procedures, annual review support, monitoring and testing coordination, regulatory change impact assessment, issue identification and remediation oversight, training, reporting, and governance materials.
• Institutional investment adviser business fluency. Understands institutional asset management products, strategies, client types, investment guidelines, discretionary portfolio management, trade lifecycle, model and portfolio implementation processes, vendor and affiliate dependencies, and operational risks that may affect regulatory compliance.
• Risk assessment and control effectiveness judgment. Can assess inherent and residual compliance risk, evaluate the design and operating effectiveness of controls, identify root causes, distinguish isolated exceptions from systemic issues, and recommend practical, risk-based remediation actions.
• Regulatory exam and inquiry management. Has the judgment and organizational discipline to support or lead SEC examinations, regulatory inquiries, audit reviews, document productions, management responses, remediation plans, and regulator-facing narratives in a manner that is accurate, complete, well-controlled, and appropriately escalated.
• Enterprise risk and bank-owned RIA awareness. Understands the heightened governance, reporting, affiliate, and reputational considerations that arise when an investment adviser operates within a bank-owned environment, including coordination across enterprise compliance, operational risk, legal, audit, technology, and business governance forums.
• Governance, reporting, and executive communication. Produces clear, concise, and decision-useful reporting for the CCO, senior management, committees, boards, and control partners. Can translate complex regulatory issues into key risks, impacts, decisions needed, ownership, target dates, and evidence of remediation.
• Strategic execution and prioritization. Independently prioritizes competing regulatory, business, exam, and remediation demands. Develops practical roadmaps, sequences work based on risk, and delivers high-quality results under time-sensitive conditions.
• Professional judgment, integrity, and accountability. Demonstrates sound judgment, intellectual curiosity, discretion, courage, and a strong control mindset. Takes ownership of work product, raises concerns early, and protects the independence and credibility of the compliance function.

Expected Operating Model

• Acts as a senior day-to-day compliance lead for the institutional RIA program under the direct supervision of the legal entity CCO’s.
• Escalates material issues, regulatory concerns, significant control weaknesses, conflicts, policy exceptions, and reputational matters promptly and with recommended actions.
• Maintains regular, proactive communication with the CCO, including concise updates on key risks, workstream status, unresolved decisions, and upcoming regulatory or governance deadlines.
• Builds strong working relationships with business and control partners while maintaining appropriate independence and second-line challenge.
• Documents decisions, rationale, approvals, issue disposition, and remediation evidence in a manner that can withstand regulatory, audit, or board review.

Job Summary:

The Senior Compliance Business Oversight Manager provides advice, support and objective guidance to assigned portfolio, business or function on development and maintenance of all aspects of Compliance/Center of Excellence programs in line with the Bank's risk philosophy and strategic direction.

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

• Responsible for the timely execution of the Compliance testing plan

• Typically deals with senior/executive management in communicating Compliance testing results

• Leverages deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management/enterprise areas through testing engagements

• Provides guidance and clarity around priorities and goals for Compliance testing program and works with managers to ensure the goals cascade to all workers

• Guides talent identification and development processes

• Key contact for dealing with a range of complex issues, including non-routine information

• Manages and prioritizes the team to deliver on multiple reviews and projects at a given time

• Identifies and leads problem resolution for project/program complex requirements related issues at all levels

Education & Experience:

• Undergraduate degree or equivalent work experience
• 10+ years of experience

Desired Qualifications:

• Typically requires 10 or more years of relevant compliance, legal, audit, risk, or regulatory experience, with meaningful experience supporting registered investment advisers.
• Prior experience with an institutional asset manager or complex bank-owned RIA is strongly preferred.
• Experience with SEC examinations, annual compliance reviews, policies and procedures, regulatory change management, and compliance risk assessments is expected.
• Experience leading projects, influencing senior stakeholders, and mentoring or directing compliance professionals is strongly preferred.
• Relevant legal, compliance, securities, or investment management credentials may be additive, depending on the role scope and business needs.

Customer Accountabilities:

• Manages teams of compliance testing specialists and/or managers in the execution of Compliance Testing engagements and validation of action plans in accordance with established standards

• Conducts skilled analytical research and analysis as part of the testing engagement and initiatives

• Develops, implements, tracks, and reports on Compliance testing schedules

• Provides overall strategic direction to support the Compliance Testing Program, Procedures, and processes so that they stay current with established standards and regulatory expectations

• Acts as a subject matter expert and strategic advisor by providing guidance on Compliance issues to management, business units, and respective teams for area of specialization

• Reports on emerging trends, identifying risks and opportunities, and recommending action to senior management

• Understands risk identification, risk analysis, and risk mitigation according to the regulatory requirements and best business practices

• Supports relationships with key partners to effectively manage and clarify scope of accountabilities while influencing and aligning others as needed

• Provides functional/business level communications to stakeholders and/or leaders that are consistent, appropriate, and aligned with strategic direction

Shareholder Accountabilities:

• Works closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverages TD’s operating model to maximize efficiency, effectiveness and scale

• Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly

• Maintains extensive knowledge of business units and regulatory requirements/compliance issues within the Compliance area

• Provides subject matter expertise, complex analysis and advice to business partners/team and applies knowledge in following up on outcomes, investigating and/or enforcing policy

• Identifies and implements opportunities for continuous improvement in the Compliance Testing Program

• Leads relationships with business lines/corporate and/or control functions to promote alignment with enterprise and/or regulatory requirements

• Supports team and management in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank

• Assesses/identifies key issues and escalates to management where required

• Supports the facilitation of action/remediation plans as a result of an internal audit and/or regulator review of Compliance Testing Program

• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank

• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

• Responsible for management of the overall team providing both leadership and guidance

• Sets targets and objectives for the team, and delivers results

• Grows team expertise to align with business/enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value delivered

• Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees

• Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner

• Manages employees in compliance with all human resources policies, procedures and guidelines of conduct

• Shares knowledge, information, skills, and subject matter expertise among the team and promotes the timely communication of issues and encourages good working relationships with other functions and teams

• Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes

• Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives

• Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives

• Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional

• International Travel – Never

• Performing sedentary work – Continuous

• Performing multiple tasks – Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds – Occasional

• Sitting – Continuous

• Standing – Occasional

• Walking – Occasional

• Moving safely in confined spaces – Occasional

• Lifting/Carrying (under 25 lbs.) – Occasional

• Lifting/Carrying (over 25 lbs.) – Never

• Squatting – Occasional

• Bending – Occasional

• Kneeling – Never

• Crawling – Never

• Climbing – Never

• Reaching overhead – Never

• Reaching forward – Occasional

• Pushing – Never

• Pulling – Never

• Twisting – Never

• Concentrating for long periods of time – Continuous

• Applying common sense to deal with problems involving standardized situations – Continuous

• Reading, writing and comprehending instructions – Continuous

• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more

Additional Information: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.