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

TD Bank

29d ago

Job
Full-time
Expert Level
Government & Politics
Banking & Finance
Dublin

AI generated summary

You must uphold market conduct standards, comply with regulatory obligations, act with integrity, and ensure proper oversight and reporting within your management scope.
You will support local business initiatives, manage product implementations, oversee regulatory compliance, and ensure adherence to controls while promoting operational efficiency across teams.

Requirements

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.
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:
Common Conduct Standards:
Acting with Honesty and Integrity
Acting with Due Care and Diligence
Co-operating in Good Faith and Without Delay
Acting in the Best Interests of Customers and Treating Them Fairly and Professionally
Operating in Compliance with Standards of Market Conduct and Trading Venue Rules
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.

Responsibilities

Support the TDGF BRSM Head in planning and implementing local business initiatives, new products and other key changes impacting TDGF Global Markets.
Provide support and management to TDGF Global Markets with respect to their priorities and initiatives, which may cover the following areas: product development and implementation, financial management, capital management and e-trading capabilities.
Stay abreast of all Global Markets initiatives impacting TDGF and ensure regional considerations are taken into account where initiatives are managed globally.
Communicate local requirements and coordinate with infrastructure teams to implement new products and other change initiatives across business lines.
Be the local contact and facilitator of information sharing across several Global Business Managers who have global business responsibilities including Dublin, given our matrix accountability model.
Identify, prioritise and facilitate the implementation of Bank practices and related enhancements to achieve process and cost efficiencies across the business.
Participate in working groups to update regional management and other Leads on implementation progress.
Perform monthly review of TDGF Supervision Dashboard and any breach or indicator activities. Provide monthly pack and supporting metrics to the TDGF CEO and Head of Compliance with appropriate commentary.
Prepare monthly materials for the TDGF Conduct Risk Committee with appropriate commentary.
Ensure TDGF personnel have local/functional supervisors as appropriate to their roles.
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.
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.
Support the BRSM team in ensuring ongoing adherence to local control requirements as provided within the TDGF Front Office Control Procedures.
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 act in accordance with 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.
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.
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.
You must be fully aware of the TD Policies and regulatory requirements pertaining to the business/activities you are managing.
You must be aware of the competence level of the staff, if any, reporting to you.
You must understand the control limits and your ability, if any, to delegate them within your business.
Demonstrate that you receive adequate and appropriate management reporting.

FAQs

What is the primary location for this role?

The primary work location for this role is Dublin, Ireland.

What are the working hours for this position?

The working hours for this position are 35 hours per week.

What is the line of business for this job?

The line of business for this job is TD Securities.

How does TD Securities handle compensation for this role?

TD Securities is committed to providing fair and equitable compensation and encourages candidates to discuss compensation-related questions with a member of the HR Team.

What key responsibilities does the VP, BRSM have regarding business management?

The VP, BRSM will support the TDGF BRSM Head in planning and implementing business initiatives, new products, and changes impacting TDGF Global Markets.

What qualifications are expected from the candidate for this position?

The candidate should have a good understanding of Global Markets and MiFID II regulatory requirements, as well as familiarity with new product processes and their governance requirements.

Is there a focus on regulatory compliance for this role?

Yes, the role places a strong emphasis on understanding and compliance with regulatory requirements from relevant authorities, as well as internal policies.

What types of initiatives will the successful candidate be involved in?

The successful candidate will be involved in planning, execution, and integration of new business opportunities including product development and expansion of existing activities.

What personal qualities are desired in a candidate for this position?

A self-starter with strong collaboration skills who can act as a liaison among various stakeholders is desired for this position.

Are there support structures in place for employee development?

Yes, TD offers regular development conversations, training programs, and mentoring opportunities to support employee growth.

What can potential candidates expect during the onboarding process?

Candidates can expect training and onboarding sessions to ensure they have everything needed to succeed in their new role.

What approach does TD take towards employee well-being?

TD's Total Rewards package reflects their investment in colleagues' well-being, including health and well-being benefits, paid time off, and career development opportunities.

How does TD support workplace diversity and inclusion?

TD is committed to creating an inclusive environment and encourages individuals from diverse backgrounds to apply and thrive at the company.

What does the phrase "Best Execution Framework" refer to in this role?

The Best Execution Framework refers to the procedures and policies ensuring trades are executed in the best interest of clients, aligning with regulatory and internal standards.

What is the role of the VP, BRSM in risk management?

The VP, BRSM is responsible for identifying and reporting Operational Risk Events in line with policy, contributing positively to TDGF's reputation, and managing Conduct Risk within their team.

Will there be opportunities for communication with senior executives?

Yes, the successful candidate will act as a key liaison point and partner for senior executives, facilitating communication and collaboration across teams.

TD Bank

Finance

Industry

10,001+

Employees

Mission & Purpose

Headquartered in Toronto, Canada, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD had CDN$1.9 trillion in assets on July 31, 2023. TD also ranks among the world’s leading online financial services firms, with more than 16 million active online and mobile customers. TD offers a full range of financial products and services to over 27.5 million customers worldwide through four key business lines: - Canadian Personal and Commercial Banking including TD Canada Trust, Business Banking, and MBNA - U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in Schwab - Wealth Management & Insurance including TD Wealth (Canada), TD Direct Investing, and TD Insurance - Wholesale Banking including TD Securities and TD Cowen