Compliance, Business Oversight Manager - RCM Controls

Work Location

Toronto, Ontario, Canada

37.5

Compliance

$96,900 - $136,800 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job‑related knowledge, geographic location, and other specific business and organizational needs.

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The Global Compliance Business Transformation Enablement team supports the effective and sustainable execution of the Enterprise Regulatory Compliance Management (RCM) Controls Standard. The Enterprise RCM Framework operationalizes OSFI Guideline E‑13 Regulatory Compliance Management (Guideline E‑13) and provides an overview of the Bank’s risk‑based RCM Program to manage applicable regulatory compliance risk. The RCM Controls program sets out the processes and key program elements through which Risk Owners and Oversight Functions globally are expected to manage and mitigate regulatory compliance risk inherent in their business or corporate segment activities.

Compliance Business Oversight Manager role reports to the Senior Manager, responsible for RCM Control program oversight.

Most RCM processes produce data on the adequacy, adherence to and effectiveness of the day‑to‑day controls, which is used to determine whether the bank is in compliance with applicable regulatory requirements enterprise wide. Therefore, as part of its mandate, the Compliance RCM controls team is responsible for supporting the data quality management by implementing and maintaining the governance oversight routines, executing reporting and conducting data analysis against program metrics, including trends, forecasting and root cause analysis.

We are looking for a self‑starter with deep understanding of the RCM framework who can embrace a broad range of tasks associated with program oversight. This includes coordinating intakes, maintaining governance routines – including Quality Assurance, conducting analysis of data from various sources and forecasting/coordinating work effort in support of the health of the controls program.

• Support end‑to‑end oversight of Compliance RCM Controls program
• Support ad hoc projects in connection with the RCM Controls program: active involvement throughout the various stages of the project delivery cycles, from intake and prioritization, to analysis, requirement clarification, requirement documentation, planning and production implementation
• As a member of the Compliance Transformation Office, participate in the definition and enablement of Compliance business capabilities through a build and execution of a multi‑year strategy and roadmap
• Participate in identification of opportunities to automate business processes or testing large sets of data and improve the quality of analytics and reporting for Compliance
• Escalate issues and impediments accordingly to effectively drive oversight
• May entail opportunities to rotate onto other initiatives within Compliance Road to Strong function, as business priorities and demands arise
• Facilitate communication between Compliance and other business units to ensure alignment on compliance initiatives and objectives
• Identify opportunities for process improvements within the compliance framework and file ingestion procedures
• Stay up‑to‑date on industry best practices and regulatory changes impacting RCM control functions
• Facilitate training as required to various stakeholders

• Undergraduate degree required; a graduate degree is preferred
• 7+ years of diverse experience in combination of control program oversight, requirement gathering role, project execution and governance. Expertise with data…