Understanding the Role of Compliance Officer in TD Securities
TD Securities, a leading financial institution with its headquarters in New York, United States, is on a mission to redefine banking for its clients, colleagues, and communities. With a robust workforce exceeding 6,500 professionals across 40 cities around the globe, the firm offers a wide range of capital market services to its corporate, government, and institutional clients. However, the key to their success lies in their dedication to compliance and maintaining regulatory standards. This is where the role of a Compliance Officer comes into play.
Compliance Officer: A Key Player in TD Securities
A Compliance Officer at TD Securities is a vital member of the Compliance Regulatory Initiatives Team and the U.S. Wholesale Compliance Group. They play a crucial role in program development, remediation, and enhancement within TD Securities. They work with various stakeholders to build out, maintain, and enhance the bank’s regulatory compliance program for TD Securities’ wholesale business.
But the responsibilities of a Compliance Officer go beyond just maintaining compliance programs. They are expected to provide stakeholders with real-time interpretive guidance on the application of OCC and FRB regulations. They represent the second line of defense in activities involving TD’s New York Branch, developing and implementing monitoring protocols and other second line controls.
Skills and Experience Required for a Compliance Officer
Given the importance of the role, a Compliance Officer at TD Securities needs to possess a specific set of skills and experience. A BA/BS degree or a similar qualification is required, with a Juris Doctor degree being desirable but not mandatory. The ideal candidate should have a strong understanding of FRB and OCC regulations and guidance and their application across diverse businesses and products.
They should have 8 to 10 years of experience with a registered US broker-dealer, swap dealer, or Global Systematically Important Bank (GSIB) or associated regulator. In-depth knowledge of financial product rules and regulatory landscape, excellent interpersonal, organizational, leadership, and communication skills, and proficiency in Excel, Word, PowerPoint, and SharePoint are also necessary for the role.
TD Securities: A Place for Growth and Development
At TD Securities, the firm believes in fair and equitable compensation opportunities for all colleagues. They offer an attractive pay range between $180,000 – $225,000 USD for the role of Compliance Officer. But the rewards at TD Securities go beyond just financial compensation.
They offer a total rewards package that includes health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. The firm is committed to providing regular development conversations, training programs, and a variety of mentoring programs to help employees unlock future opportunities.
TD Securities is an equal opportunity employer and is committed to fostering a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and employees can unlock their full potential to achieve their career goals.
For more specific details about this role, you can find out more Here.
