Associate Vice President, Wealth Compliance, Regulatory Strategy and Innovation & Chief Complia

Work Location

Toronto, Ontario, Canada

37.5

Compliance

$155,000 - $215,000 CAD

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  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.

Accountabilities adhere to the TD Compliance Department Mandate, follow the executive mandate for the role and are executed in accordance with key Compliance Program elements and processes established in the Enterprise Regulatory Compliance Management Framework.

• Act as Chief Compliance Officer (CCO) for TCTC, focusing on providing compliance oversight over Private Trust and Wealth registered plans activities
• Assess the adequacy of, adherence to, and effectiveness of day‑to‑day RCM controls applicable to TCTC and TD Wealth trust activities, TD Wealth Private Banking, TD Wealth Insurance Services, and TD Wealth Advisory Services based on independent monitoring and testing conducted and other data sources and indicators, using a risk‑based approach.
• Lead and maintain the Compliance Program and conduct risk program for in‑scope businesses to assist the businesses in upholding a strong culture of compliance and provide independent oversight of the management of compliance with applicable laws, regulations and guidelines using a risk‑based approach
• Oversee second line monitoring and testing of in‑scope businesses
• Share early indications of significant regulatory issues that could materially impact earnings or reputational risk with Business Segment leaders of in‑scope businesses
• Provide compliance and applicable regulatory reporting, including actual or potential non‑compliance including emerging trends and risks.
• Represent Compliance on applicable committees and forums for in‑scope businesses.

• Oversee, and manage regulatory risk across Wealth business lines and in‑scope businesses by providing executive ownership of Compliance assessments of Wealth's risk management environment as well as Wealth self‑assessment and Compliance's policy development & maintenance to ensure adherence and alignment to Enterprise standards as well as timely, effective and efficient issues identification, management reporting to ACoB, ERMC, Wealth Risk Committee and Wealth and Compliance business leaders.
• Provide trusted, independent and objective guidance and strategic insights to Wealth business leaders on identifying and managing regulatory compliance.
• Lead TD's strategic engagement and relationship management with regulators of in‑scope business, as well as Wealth and non‑Wealth regulators with support from the TD Wealth legal entity CCOs, and/or industry associations on regulatory changes, trends, emerging risks, and business priorities. Maintain positive, honest, transparent and constructive relationships with in‑scope regulators.
• As determined by CSET, provide Wealth Compliance Department Regulatory Compliance Management (RCM) Assessment to support the CCO Opinion which assesses effectiveness based on the degree of maturity in implementing, executing and evidencing each key element and process of the Enterprise RCM Framework.
• Lead enhancement of the Compliance program to effectively respond to changing/increasing Compliance oversight mandate and ensure alignment with the evolving Enterprise RCM Program and Standards.
• Assess the governance, procedures and reporting that support and facilitate the execution of the Enterprise RCM Framework elements and processes and fulfillment of the TD Compliance Department's mandate.
• Maintain practices and procedures to communicate regulatory…