Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$250,000 - $250,000 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:

The role will be part of TD Securities Business Regulatory Initiatives (BRI) team which plays a lead role in coordinating the approach to regulation and good practice principles for all jurisdictions in which TD Securities operates.

BRI is a first line (1A) team which reports into the Business.

BRI's portfolio of work covers General Securities Regulations, G20 OTC Derivatives Reform, Global Codes of Conduct Principles, FMSB Standards, Cross Border activities, Regulatory Compliance Management (RCM), Regulatory Exams, Audits & Testing and Examination Enforcement remediation.  

BRI's involvement in these regulatory initiatives includes intake, business impact assessment and gap analysis, deliver requirements, control design, audit and remediation.   In addition, BRI supports the 6 pillar self-assessment framework (policies and procedures; internal controls; training; management framework; independent testing; recordkeeping), by advising, advocating and working closely with Desk Heads, Business Management, Supervision, Transaction Management, Operations, Middle Office, Governance and Control, and 2nd  line corporate teams.  

As a Director on the BRI team, you will stay on the forefront of the ever-evolving global and complex regulatory landscape, providing a holistic view to maximize achievable scale and efficiencies for the Business, allowing the Business to grow and evolve and "get to yes" faster. 

The Director Trading Business Management TDS is responsible for the planning, direction, and coordination of trading operations within The Bank. This position is also responsible for overseeing the development of policies and procedures.

Key Responsibilities:

Undertake detailed business impact assessments, provide recommendations to diverse group of stakeholders and influence the final position to be taken by the firm

Perform current state reviews over existing regulatory and supervisory BAU processes upon request and proactive benchmarking against industry best practices and enforcement patterns

Contribute to the strategic direction of Global Markets, Business Management,  Supervision;  help drive efficiency across teams  and processes

Participate in advocacy efforts in matters of importance to GM

Develop content for Business sponsored targeted training / guidance

Draft procedures and advise on procedures for sales and trading;  map against compliance policies and RCM criteria

Identify controls / drafting control descriptions for laws, rules, regulations impacting sales and trading

Depth & Scope:

Oversees the development and execution of strategic planning for unit

Oversees program and project level forecasting and tracking

Directs the communication of financial policies and procedures

Manages monthly forecasting and client chargeback process

Oversees the annual budget process

Manages the headcount / resource process

Leads and oversees the end-to-end delivery of requirements throughout the lifecycle of large scale/complex projects or programs requiring a cohesive approach to broad business solutions with full traceability to realize project benefits

Provides advisory support, leadership direction and guidance to assigned Business Analyst resources, stakeholders an executives of the projects and/or program across multiple Lines of Business (LoB)

Education & Experience:

Bachelors degree or progressive work experience in addition to experience below

7+ Years of related experience

Strong project management skills

Strong leadership, interpersonal and relationship-building skills are required

Excellent analytical skills

Excellent Microsoft Office skills in particular Excel

Presentation skills required

Strong team player and who can work in cross-organization situations

Highly effective written and oral communication skills; excellent organizational skills

Preferred Qualifications:

Candidate should have 15 + years compliance and regulatory experience along with a deep understanding of how a Global Markets Sales & Trading business operates. 

Background building out and delivering regulatory programs and experience with Laws, Rules, and Regulatory mapping and control alignment. 

Preference for candidate to have knowledge of SEC, CFTC, FINRA, NFA, MIFID, MAS, Future exchange rules and have an understanding of conduct and market abuse scenarios.

Knowledge of regulatory landscape in the following jurisdictions, US, Canada, UK, Europe, Asia Pacific

Understanding of financial products, trading and trade lifecycle for the following asset classes:  FX, Rates, Equity, Commodities, Credit

Strong problem-solving skills and the ability to proactively identify risks/issues and recommend solutions.

Strategic, collaborative, tactical and creative in your approach

Able to build relationships and influence with cross-functional / cross-jurisdictional partners at various levels of the organization.  

Comfortable working in often ambiguous environments and can takes initiative to build something impactful from the ground up.

Seeks intellectual challenge, desire to learn and committed to design and build impactful and scalable solutions

Excellent written and verbal communication skills. 

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.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

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.