VP, Business, Regulatory & Supervisory Management ("BRSM")

at  TD Bank

JOB DESCRIPTION:

Position Summary: (Overview of key purpose and accountability of the role)

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.

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: (CF role holders)
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:

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.

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 Requirement

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 functio