VP, Business, Regulatory

Description

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Position Summary:

Business Context

BRSM is responsible for helping TD Securities' Global Markets businesses achieve sustainable strategies, operating practices, and governance aligned with bank policies and risk appetite. BRSM works directly with the TDGF Trading, Sales and DCM providing support in the following areas:

• Business management

• Front Office Supervision

• Business Regulatory Requirements

TDGF BRSM is a key business partner and Front Office delegate for all local Global Markets initiatives. The function also manages a number of supervisory and business regulatory requirement accountabilities. Since the establishment of BRSM in Dublin in 2019, TDGF has grown at a rapid rate. To support current and future growth within TDGF, in particular as TDGF expands to become a Bank jointly supervised by the CBI and the ECB, this newly created role is key to supporting regional business management as well as supporting the oversight and control requirements of TDGF's business as it continues to expand.

Position Overview

The successful candidate will report directly to the TDGF BRSM Head and will have a hands-on role in supporting the banking license project and broader European Strategy. In particular, the individual will be directly involved in the planning, execution and integration of the additional TDGF business opportunities arising. These business opportunities will include a mix of new products and the expansion of existing activities.

This role is an exciting opportunity for an individual to develop both a broad understanding across several areas, including global markets, business regulatory requirements, infrastructure and risk. Coming into the role, the individual should have a good understanding of Global Markets and MiFID II regulatory requirements. The individual should be familiar with new product processes and their governance requirements. They will be expected to stay current on regulatory and corporate developments which impact TDGF business activities. The candidate should be a self-starter with strong collaboration skills who will act as a key liaison point and partner for the business, as well as for senior executives, the broader BRSM function and teams in other regions. These relationships are pivotal to driving initiatives through to completion.

Specific Responsibilities:

Business Management:

Support the TDGF BRSM Head in planning and implementing local business initiatives, new products and other key changes impacting TDGF Global Markets. Provide support and management to TDGF Global Markets with respect to their priorities and initiatives, which may cover the following areas: product development and implementation, financial management, capital management and e-trading capabilities. Stay abreast of all Global Markets initiatives impacting TDGF and ensure regional considerations are taken into account where initiatives are managed globally. Communicate local requirements and coordinate with infrastructure teams to implement new products and other change initiatives across business lines. Be the local contact and facilitator of information sharing across several Global Business Managers who have global business responsibilities including Dublin, given our matrix accountability model. Identify, prioritise and facilitate the implementation of Bank practices and related enhancements to achieve process and cost efficiencies across the business. Participate in working groups to update regional management and other Leads on implementation progress. 

Supervision :

Perform monthly review of TDGF Supervision Dashboard and any breach or indicator activities. Provide monthly pack and supporting metrics to the TDGF CEO and Head of Compliance with appropriate commentary. Prepare monthly materials for the TDGF Conduct Risk Committee with appropriate commentary. Ensure TDGF personnel have local/functional supervisors as appropriate to their roles.

BRSM Team Support – Support the TDGF BRSM team in the delivery of the following ongoing accountabilities:

Outsourcing:Support the monthly Inter-Affiliate outsourcing review of the services provided from TD Affiliates to Dublin for Front Office & BRSM.Support the periodic review process and documentation of changes as the framework evolves in tandem with business growth or regulatory changes. TDGF Best Execution Framework:Support the team in monthly reviews of TDGF Best Ex alerts and preparation for the quarterly TDGF Best Execution Forum.Support the review of any developments within the regulatory or internal control environment which impact TDGF's Best Execution Framework. Desk Support Oversight & Monitoring:Support the BRSM team in ensuring ongoing adherence to local control requirements as provided within the TDGF Front Office Control Procedures. 

Risk Management Responsibilities:

Responsible for identifying and reporting Operational Risk Events in accordance with policy Responsible, along with all colleagues, to contribute in a positive way to TDGF's reputation and the management of Reputational Risk. Every employee is expected and required to follow ethical practices at all times, including compliance with applicable policies, legislation and regulations and support positive interactions with TDGF's stakeholders including clients, industry bodies, industry participants, public bodies, regulators and vendors. Responsible for good conduct and for contributing to the identification and management of Conduct Risk within their team and function

Regulatory Requirements:

You must observe proper standards of market conduct. It is your responsibility to demonstrate that you take reasonable steps to be fully aware of, understand and comply with all regulatory requirements from all regulatory bodies that are applicable to your business. You will promptly report to your supervisor(s) or manager(s) any instances in which you are aware of any violation or possible violation of such regulatory requirements by yourself or others.

In particular, as a Controlled Function for the purposes of the CBI's Fitness and Probity Regime ( F&P ), you must be aware of and comply with your obligations under the regime.

The F&P Standards require that a person must be:

Competent and capable; Act honestly, ethically and with integrity; and Be financially sound.

Central Bank of Ireland Conduct Standards

In addition to the responsibilities set out in this job description, as well as TD’s own policies and procedures (see below), you required to comply at all times with the CBI Conduct Standards. The following Conduct Standards apply to you:

Common Conduct Standards:

Acting with Honesty and Integrity Acting with Due Care and Diligence Co-operating in Good Faith and Without Delay Acting in the Best Interests of Customers and Treating Them Fairly and Professionally Operating in Compliance with Standards of Market Conduct and Trading Venue Rules​

TD Policy Requirements:

It is your responsibility to demonstrate that you are fully aware of and adhere to internal TD Policies that relate to you, your business or other businesses for which you have any level of responsibility.

It is your responsibility to read, understand and comply with TD's Code of Conduct and Ethics (Code) and corresponding regulations. The Code establishes the standards that govern the way we deal with each other, our customers, shareholders, governments, regulators, suppliers, competitors, the media and the public at large. You will be notified of changes to policies in a timely manner through announcements and/or intranet updates.

You must act with integrity and due skill, care and diligence in carrying out your duties. Your actions should always be able to satisfy high standards of scrutiny.

Management should be kept fully informed at all times of all Regulatory and Compliance issues. You must deal with TD Management, Compliance, regulators and all control functions in an open and cooperative way and must disclose appropriately any information which TD Management, Compliance, regulators or control functions would reasonably expect to know.

You must ensure that you are fully aware of your management reporting lines and escalation procedures.

If you are a Manager/Supervisor you are also responsible for ongoing and effective supervision of the employees under your direction and ensure their adherence to regulatory requirements. You will promptly report to TD Management and Compliance any violation or possible violation of such regulatory requirements identified as part of your supervisory responsibilities.

You must take reasonable steps to demonstrate that you exercise due skill, care and diligence in managing and/or delegating your responsibilities outlined, appropriately.

It is your responsibility to be fully aware of:

The scope of your management responsibilities. The TD Policies and regulatory requirements pertaining to the business/activities you are managing. The competence level of the staff, if any, reporting to you. The control limits and your ability, if any, to delegate them within your business. Demonstrate that you receive adequate and appropriate management reporting.

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

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 

If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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