VP - Regulatory and Supervisory Management

Work location: New York, New York, United States of America. Hours: 40 per week. Line of Business: TD Securities. Pay range: $200,000 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 a myriad of controls and acts as a delegate on select activities. This role will focus on the development and maintenance of Supervisory programs, policies, and procedures to manage global markets sales, trading, and origination activities.

The Vice President - Regulatory and Supervisory Management provides leadership with information, reporting, and support to ensure Trading operational risks are appropriately managed and adherence to internal policies, procedures, and applicable regulatory guidelines is effective. This position collaborates with management and control function partners (e.g., Risk, Legal, Compliance, AML, and Audit) to assess risks, develop, and implement proactive strategies, tactics, and programs to effectively manage regulatory and governance issues for the Trader environment.

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 development and maintenance of Written Supervisory Procedures (WSPs), supervisory evidence, and control documentation.
• Contribute to committee materials and senior management reporting related to regulatory risk, supervisory oversight, and control effectiveness.
• Participate in internal or external business meetings/forums/committees as needed.

Requirements

• Undergraduate degree in Business (Accounting or Finance) or Mathematics/Economics.
• Series 7 and 63 licenses.
• 5-7 years of related experience.
• Sound to advanced knowledge of external competition, industry, and/or market trends in relation to own function/business.
• Ability to provide guidance on Business Management matters and respond to inquiries from business unit staff.
• Detail-oriented with strong problem-solving skills.
• Able to work independently with minimal supervision and establish priorities.
• Proficient in interpersonal communication (both oral and written) and ability to communicate effectively with all levels of staff and management.

Preferred Qualifications

• 5+ 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 such as Bloomberg TOMS and ION, and surveillance tools such as Behavox, Smarsh, Social Patrol, etc.
• Experience with TRACE and MSRB reporting requirements and associated supervisory controls.
• 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 collaborating with business, infrastructure support, and control contacts to achieve strategic and tactical objectives.
• Enjoys 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 ability to influence and achieve results through effective negotiation and problem-solving.
• Excellent written and verbal communication skills.
• Regulatory licenses are 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.

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) 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.