Compliance Director, TD Private Client Wealth (US)
About the position The position involves providing people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork, and handling any disciplinary actions as required. The role supports the Chief Compliance Officer (CCO) of the broker-dealer by hiring, rebuilding, and managing a US-based team of compliance officers dedicated to the broker-dealer/registered investment adviser. It includes developing, implementing, enforcing, maintaining, and overseeing BD/RIA Compliance Programs, ensuring compliance with all applicable rules, regulations, laws, and compliance policies. The position also assists in regulatory examinations, coordinates internal audits, advises management on emerging compliance trends, and oversees compliance testing and monitoring functions. Additionally, it involves maintaining open dialogue with the Head of Supervision regarding policies and procedures, providing solutions to compliance issues, and leading risk assessment initiatives for the broker-dealer/registered investment adviser. Responsibilities • 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. • Supports the CCO of the broker-dealer by hiring, rebuilding/building and managing a US based team of compliance officers dedicated to the broker-dealer/registered investment adviser. • Develops, implements, enforces, maintains and oversees BD/RIA Compliance Programs including specific policies and procedures applicable to the institution. • Assists in regulatory examinations, including logistical needs of on-site examination teams. • Helps coordinate internal audits related to the broker-dealer/registered investment adviser. • Advises management on emerging examination and compliance trends. • Represents the compliance function as a member of the institutions management committee. • Maintains daily regulatory tracking database and prepares compliance reporting. • Oversees compliance testing and monitoring function. • Provides advice on FINRA and SEC regulations to business and logistical functions. • Maintains open dialogue with Head of Supervision regarding policies and procedures. • Assists in providing solutions to potential problems or issues involving compliance or regulatory risk. • Coordinates with relevant business line personnel to identify and prevent potential conflicts. • Responsible for the second line-of-defense Compliance testing function. • Oversees the development and sustainability of an evolving risk-based approach to optimize testing coverage. • Leads risk assessment initiative for the broker-dealer/registered investment adviser. • Monitors and communicates legal and regulatory developments in the securities, broker-dealer, investment advisory, and insurance industries. • Develops a strategic roadmap to address emerging regulatory trends. • Engages and builds a high-caliber team, training and developing the team, ensuring a strong bench, mentoring and developing junior talent. Requirements • JD Preferred. • FINRA Licenses 7, 24 required. • 10+ years experience. • Prior experience at dual registered BD/RIA required. • Leadership experience required. • Strong knowledge of regulatory frameworks, including SEC, FINRA, and other relevant bodies. • Exceptional project management, analytical, and communication skills. Benefits • Base salary and variable compensation/incentive awards. • 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 opportunities. • Reward and recognition programs. Apply tot his job