Hours
40
Pay Range
$108,160 – $175,760 annually
Department Overview
The Fair Lending Center of Excellence is an AMCB-wide initiative, supported at the Management Committee level, that will further solidify our pledge to offer services and products – across all lines of business – to better serve a more diverse customer base.• Serves as the first point of contact for fair lending subject matter related questions from the consumer product business groups, with support from the Fair Lending Senior Manager and FLCoE Head, as needed.• In coordination with the consumer product business units and Fair Banking Compliance (FBC), provides fair lending subject matter support to the consumer product business units to support the identification, assessment, and mitigation of fair lending risks. Coordinate with FBC to ensure that guidance is accurate and consistent.• Manage a Centralized FLCoE Outlook Mailbox, monitor inbox for fair lending inquiries, and track progress of aged inquiries.• Monitor and track the varying subject matter inquiries received by the FLCoE to identity trends, common themes and/or frequently asked questions, and volume of inquiries.• Responsible for drafting quarterly FLCoE FAQs and/or hot topics, and facilitating quarterly discussions with Fair Lending Oversight Committees (FLOCs) to review FAQs and/or hot topics.• Collaborates closely with Retail and Commercial LOB and second line Fair Lending advisors to help identify, assess, aggregate and report on Fair Lending compliance risks.• Collaborates with the Consumer Products business units, in order for the business units to mitigate fair lending risks across the enterprise including during the proposed change or implementation of new products, services or process changes.• Supports the development and maintenance of the 1st line Fair Lending compliance program and policies by understanding the regulation, analysis of regulatory changes, and various business changes.• Reviews and evaluates LOB alleged discrimination complaints no less than quarterly to assess resolution, response and trends to determine if actions or enhancements are recommended.• Reviews Fair Lending Risks Assessments, including evaluation of inherent risk as well as the sufficiency of business unit controls to detect and prevent fair lending risk.• Supports the development and updating of fair lending 1LOD aggregated reporting requirements.• Collaborates with second line fair lending subject matter experts regarding data analyses as well as LOB testing and make practical recommendations in response to the results of such analytics and collaborate to track and implement control enhancements.• Interprets and communicates results of 1st line fair lending quantitative analyses reports and risk assessments.• Escalates fair lending risks to Fair Lending Senior Manager, FLCoE Head, executive leadership, Senior Management, FBC, and other specific product owners, as required.• Assists in identifying training needs as warranted and ensure the LOB specific training is delivered.
Job Details
• Recognized as top level expert within the company and requires significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas• Senior specialist providing advisory services to executives, business segment leaders and governs the requirements for own work• Integrates knowledge of the enterprise function’s or business segment’s overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise• Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements• Serves as a source of expert advice to senior management in field of specialty• Advises on execution strategy and leads the development and deployment of functional programs or initiatives within their own field or across multiple specialties• Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of their own field• Requires innovative thinking to develop new solutions• Impacts the technical or functional direction and resource allocation of part of an enterprise function or business segment• Works within general policies and industry guidelines• Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader organizational context• Provides leadership guidance, makes recommendations and collaborates with business to facilitate that solutions meet the business needs on a complex project or program• Identifies and leads problem resolution for project/program complex requirements related issues at all levels
Job Requirements
• Undergraduate degree required• 10+ years relevant experience• Relevant professional designations and/or certifications as required• Advanced knowledge of a variety of products and services, systems, and compliance advisory standards, procedures, laws, rules and regulations to deliver objective guidance and independent challenge on initiatives• Knowledge of risk management environment, standards and regulations• Knowledge of current and emerging trends• Ability to lead, plan, implement and evaluate program/project activities to ensure completion• Ability to contribute to strategic direction of the Compliance advisory function and provide advice to senior leadership• Skill in mentoring and coaching• Skill in using advanced analytical software tools, data analysis methods and specialized reporting techniques• Skill in using computer applications including MS Office• Ability to communicate effectively in both oral and written form• Ability to work collaboratively and build relationships across teams and functions• Ability to work successfully as a member of a team and independently• Ability to exercise sound judgement in making decisions• Ability to analyze, organize and prioritize work while meeting multiple deadlines• Ability to handle confidential information with discretion
Company Overview
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us . Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US .
TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com .
We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.
Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.