Senior Compliance Analyst - Mt Laurel, United States - TD Bank

Description

Work Location:
Mount Laurel, New Jersey


Hours:
40


Pay Details:
$68,640 - $112,320 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions.

The base pay actually offered may vary based upon candidates skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs.

As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

Department Overview:
The compliance department provides compliance oversight and independent guidance for consumer banking products and supporting business lines.

This role will provide compliance regulatory guidance and oversight for Deposit Product, Fraud and Retail and will be responsible for the following:

Regulatory guidance and independent challenge/oversight for new products, projects, regulatory change

Subject matter expertise in Consumer Banking regulations, for example: Reg CC, Reg DD, Reg E, Reg Z, E-Sign, FCRA, FDIC

Conducting regulatory research

Reviewing business line policies and procedures for adherence to applicable regulations

Incident and issue management to determine regulatory impact and appropriate remediation

Compliance risk assessments and control effectiveness reviews

Supporting regulatory reviews including inquiries, audits, and exams

Performing independent compliance reviews to test adherence to federal and state regulations

Below details are general outline of the role in addition to the above department specific overview


Job Description:

The Senior Compliance Business Oversight Analyst provides objective guidance, support and advice to assigned portfolio, business or function to promote strong Compliance controls and processes are in effect to mitigate inherent associated risks.

This role contributes to the development and implementation of Compliance programs related to all aspects of Compliance laws.


Depth & Scope:

Expected to exercise sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to significant regulatory compliance risk matters.

Empowered to make prudent professional decisions in rendering advice and counsel to business lines or assigned areas, on compliance matters and regulatory risks which may impact performance of the business and overall enterprise strategies and objectives.

Expert level professional role requiring in-depth knowledge/expertise in Compliance and working knowledge of broader related areas

Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise

Research, review and maintain expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws

Acts as the primary subject matter expert for regulations applicable to business partners and provides guidance, consultation and expert advice with respect to the business partners compliance with such regulations directly related to the operations of the business

Creates training content and may train business partners on regulatory requirements

Advises the business with respect to the implementation of new and amended regulatory requirements

Independently reviews and utilizes discretion, judgement and specialized expertise in approving the documentation for business line use: disclosures; forms; customer-facing correspondence; operating procedures; and policies

Independently performs targeted and periodic monitoring of business activities for compliance with regulatory requirements and regulator expectation

Identifies and communicates areas of non-compliance and/or material control weaknesses

Responsible for the oversight of business partners remediation of regulatory issues, including exercising discretion and independent judgment in reviewing and approving remediation action plans

Responsible for assessing regulatory risk associated with new products, services and other initiatives that have significant operational or financial impact

Integrates the broader organizational context into advice and solutions within the Compliance area

Understands the industry, competition and the factors that differentiate the organization

Leads projects of moderately to complex risks and resource requirements; may lead end-to-end processes or functional programs

Contact for business management, external/internal auditors, dealing with non-routine information

Recommends and implements solutions within own area of responsibility

May need to coordinate/integrate work with other areas as needed

Identifies and leads problem resolution for complex requirements related issues at all levels


Education & Experience:
Undergraduate degree preferred or equivalent work experience

5+ years relevant experience

Relevant professional designations and/or certifications as required

Proficient knowledge of a variety of products and services, systems, and compliance advisory standards, procedures, laws, rules, regulations and controls

Knowledge of risk management environment, standards and regulations

Knowledge of current and emerging trends

Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques

Skill in using computer applications including MS Office

Ability to communicate effectively in both oral and written form

Ability to work collaboratively and build relationships

Ability to work successfully as a member of a team and independently

Ability to exercise sound judgment in making decisions

Ability to analyze, organize and prioritize work while meeting multiple deadlines

Ability to handle confidential information with discretion


Customer Accountabilities:
Assists in the development and implementation of appropriate Compliance policies, processes and controls

Facilitates the periodic Compliance risk and self-assessment activities for designated business using TD's Enterprise Compliance Risk Assessment Framework

Monitors that assessments (monitoring, risk assessment etc.) are completed and communicated in a continuous and timely fashion

Guides and complements the assigned portfolio in terms of financial, regulatory and risk management requirements

Interacts with control functions within the organization

Develops analysis and insights, prepares and delivers management reporting necessary to promote accurate and thorough measurement of the risk factors present in various products


Shareholder Accountabilities:
Updates business line policies and Compliance Team procedures

Analyzes Compliance requirements and establishes they are properly written into requirements for business projects and approved at the appropriate levels

Works directly with business management, and with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations Keeps abreast of emerging issues, trends, and evolving regulatory requirements in the Compliance industry and assesses potential impacts

Coordinates with other Compliance partners and business governance and control partners to promote consistency in the application of Compliance programs and standards across the enterprise

Supports in determining risk exposure, mitigation, and controls for new products, marketing campaigns, and expansion of existing programs

Conducts enterprise wide annual risk assessment for all TD businesses

Supports the business lines with compliance/risk controls and periodically evaluates risk mitigation efforts to adjust as risk/department influences change

Protects the interests of the organization – identifies and manages risks, and promotes the prompt and thorough resolution of escalated non-standard, high risk issues


Employee/Team Accountabilities:
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and promotes timely communication of issues/points of interest

Provides thought leadership and or industry knowledge for own area of expertise and participates in knowledge transfer within the team and business

Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques

Participates in personal performance management and development activities, including cross training within own team

Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities

Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices

Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships.

Contributes to a fair, positive and equitable environment that supports a diverse workforce

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.


Who We Are:

TD is one of the worlds 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 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

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

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.