Associate, Regulatory and Supervisory Management

Work Location: New York, New York, United States of America

Hours: 40 per week

Pay: $150,000 USD

About the role

Regulatory and Supervisory Management (RSM) proactively supports TD Securities' Global Markets sales, trading, and origination businesses. This group is responsible for performing the supervision of sales, trading, and origination activities by conducting reviews, documenting findings, and escalating exceptions in accordance with TD Securities policies and procedures. RSM maintains strong relationships with registered Supervisors to oversee controls and acts as a delegate on select activities. Development and maintenance of Supervisory programs, policies, and procedures to manage global markets sales, trading, and origination activities is a core competency.

The Associate is responsible for helping TD Securities trading businesses achieve best-in-class strategies, operating processes, controls, and infrastructure. This position supports the trading/sales managers and business heads at the Dealer, providing them with business management support, management information, desk-based supervision support, supplemental trading supervision, and project support.

Responsibilities

• Support supervisory reviews related to market conduct, communications, best execution, and regulatory reporting obligations across multiple asset classes while validating exception reporting to identify trends, emerging risks, and control gaps.
• Prepare Monthly Supervision packs for Global Markets supervisors of assigned businesses; lead meetings and document conclusions/actions taken; and confirm evidentiary documentation for supervisory accountabilities performed.
• Coordinate with Compliance, Operations, Global Markets supervisors, and other RSM teams to respond to regulatory inquiries and Audit requests.
• Escalate potential regulatory, conduct, trading, or supervisory concerns in accordance with established procedures.
• Support special projects related to regulatory initiatives, technology implementations, and supervisory framework enhancements.
• Support the review and maintenance of Written Supervisory Procedures (WSPs), supervisory evidence, and control documentation.
• Participate in internal or external business meetings/forums/committees as needed.
• Facilitate the surveillance of Trading and Sales activities to ensure alignment with regulatory rules and industry standard practices.
• Perform supervisory reviews as described by the firm and Written Supervisory Procedures.
• Document Regulatory Reviews and escalations of issues.
• Work with Legal and Compliance Departments to implement various required supervisory reviews and/or update existing reviews.
• Facilitate Trading Management’s control, governance, and adherence to all policies, procedures, and regulations.
• Review electronic and voice communications for assigned businesses.
• Assist in exception reporting reviews and reporting reviews for assigned businesses.
• Report all questionable emails including but not limited to customer complaints, unapproved outside business activities, indications of use of unauthorized domains, unapproved sales literature, or correspondence.
• Report correspondence that may be deemed inappropriate, false, deceptive, or misleading in a timely manner.
• Summarize all reviews for formal presentation to Senior Management.

Requirements

• Bachelor's degree required.
• 3+ years of related experience.

Preferred Qualifications

• 2-3+ years of experience in the capital markets industry with strong subject matter expertise in financial markets, regulatory requirements, industry best practices, and related systems and infrastructure processes.
• Knowledge of US Broker Dealer regulation related to communications surveillance and record retention.
• Familiarity with front-office trading systems and surveillance tools such as Behavox, Smarsh, Social Patrol, etc.
• Experience interacting with regulators, compliance testing teams, and auditors.
• Strong ability to work with Technology, Compliance, Legal, or Risk partners to deliver program requirements and ongoing upkeep of standards.
• Strong conceptual, analytical, and problem-solving skills; attention to detail; initiative to follow up on items or quickly determine steps for timely resolution.
• A self-starter who can think critically while also collaborating with business, infrastructure support, and control contacts to achieve strategic and tactical objectives.
• Enjoy working in a fast-paced environment, able to manage competing and ever-changing priorities while under pressure, and adapts well to changing priorities.
• Team player with the ability to influence and achieve results through effective negotiation and problem-solving.
• Excellent written and verbal communication skills.
• Regulatory licenses a plus.

Physical Requirements

• Domestic Travel: Occasional (1-33%)
• International Travel: Never (0%)
• Performing sedentary work: Continuous (67-100%)
• Performing multiple tasks: Continuous (67-100%)
• Operating standard office equipment: Continuous (67-100%)
• Responding quickly to sounds: Occasional (1-33%)
• Sitting: Continuous (67-100%)
• Standing: Occasional (1-33%)
• Walking: Occasional (1-33%)
• Moving safely in confined spaces: Occasional (1-33%)
• Lifting/Carrying (under 25 lbs.): Occasional (1-33%)
• Lifting/Carrying (over 25 lbs.): Never (0%)
• Squatting: Occasional (1-33%)
• Bending: Occasional (1-33%)
• Kneeling: Never (0%)
• Crawling: Never (0%)
• Climbing: Never (0%)
• Reaching overhead: Never (0%)
• Reaching forward: Occasional (1-33%)
• Pushing: Never (0%)
• Pulling: Never (0%)
• Twisting: Never (0%)
• Concentrating for long periods of time: Continuous (67-100%)
• Applying common sense to deal with problems involving standardized situations: Continuous (67-100%)
• Reading, writing, and comprehending instructions: Continuous (67-100%)
• Adding, subtracting, multiplying, and dividing: Continuous (67-100%)

About TD Securities

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product, and experience remarkably human and refreshingly simple. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. Together, we are reimagining what banking can be for our clients, colleagues, and communities.

Benefits

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).
• 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 programs.

Colleague Development

• Regular career, development, and performance conversations with your manager.
• Access to an online learning platform and a variety of mentoring programs to help unlock future opportunities.
• Diverse career paths where you can grow your expertise and make a meaningful impact.
• Training and onboarding sessions to ensure success in your new role.