Note: The job is a remote job and is open to candidates in USA. TD Bank, N.A. is one of the world's leading global financial institutions and is committed to providing fair and equitable compensation opportunities. The Financial Crime Risk Business Oversight Specialist will act as a key business oversight lead, providing expert guidance on AML/ATF/Sanctions/ABAC compliance programs and managing a specialized function within the financial crime risk management area.
Responsibilities
- Acts as key business oversight lead and provides expert/specialized business guidance and 2nd line challenge and oversight to portfolios, businesses and functions on development, maintenance, and implementation of all aspects of AML/ATF/Sanctions/ABAC compliance programs in line with the Bank's risk appetite and strategic direction
- Works independently and is accountable for managing a specialized AML/ATF/Sanctions/ABAC function or area
- Provides comprehensive coverage for a significant business or functional area across all legal entities and jurisdictions where TD operates
- Provides AML/ATF/Sanctions/ABAC advice to a business as FCRM representative on a complex project or change initiative
- Provides advanced analysis and/or specialized reporting to support business partners, functional areas, or centers of expertise
- Provides guidance and support to analysts on matters related to portfolio and speciality
- Typically a subject matter expert for a key functional AML/ATF/Sanctions/ABAC area and business requirements
- Contact for business management, external/internal auditors, dealing with non-routine information
- Manages/assists with regulatory reviews including inquiries, audits, and exams
- Identifies and leads problem resolution for project/program complex requirements related issues at all levels
- Provides expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters affecting covered TD businesses
- Proactively advises covered TD businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulates the impact to their processes and controls
- Contributes to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
- Guides and partners with covered TD businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs
- Escalates and manages to resolution significant issues and events
- Represents FCRM on internal or external committees relating to designated business activities as required
- Delivers subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
- Actively assists in developing and overseeing implementation of business line policies and procedures
- Collaborates with subject matter experts to develop and enhance methodologies for analyzing risk exposures of covered TD businesses
- Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
- Consistently exercises discretion in managing correspondence, information, and all matters of confidentiality; escalates issues where appropriate
- Supports the development of annual awareness training
- Protects the interests of the organization – identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
- Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
- Keeps current on emerging issues, trends, and evolving regulatory requirements to and assesses potential impacts
- Handles inquiries/requests from Internal Audit and regulators
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
- Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensures timely communication of issues/points of interest
- Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business
- Participates in personal performance management and development activities, including cross training within own team
- Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
- Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
- Contributes to a fair, positive, and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
Skills
- Undergraduate degree or equivalent work experience
- 7+ years experience
- Senior specialist with AML/ATF/Sanctions/ABAC expertise
- Provides comprehensive coverage for a significant business or functional area across all legal entities and jurisdictions where TD operates
- Provides AML/ATF/Sanctions/ABAC advice to a business as FCRM representative on a complex project or change initiative
- Provides advanced analysis and/or specialized reporting to support business partners, functional areas, or centers of expertise
- Provides guidance and support to analysts on matters related to portfolio and speciality
- Expert knowledge of the business and operational functions supported
- Typically a subject matter expert for a key functional AML/ATF/ Sanctions/ABAC area and business requirements
- Contact for business management, external/internal auditors, dealing with non-routine information
- Manages/assists with regulatory reviews including inquiries, audits, and exams
- Deep knowledge and understanding of businesses/technology, and organizational practices/disciplines
- Identifies and leads problem resolution for project/program complex requirements related issues at all levels
- Provides expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters affecting covered TD businesses
- Proactively advises covered TD businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulates the impact to their processes and controls
- Contributes to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
- Guides and partners with covered TD businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs
- Escalates and manages to resolution significant issues and events
- Represents FCRM on internal or external committees relating to designated business activities as required
- Delivers subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
- Actively assists in developing and overseeing implementation of business line policies and procedures
- Collaborates with subject matter experts to develop and enhance methodologies for analyzing risk exposures of covered TD businesses
- Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
- Consistently exercises discretion in managing correspondence, information, and all matters of confidentiality; escalates issues where appropriate
- Supports the development of annual awareness training
- Protects the interests of the organization – identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
- Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
- Keeps current on emerging issues, trends, and evolving regulatory requirements to and assesses potential impacts
- Handles inquiries/requests from Internal Audit and regulators
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
- Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensures timely communication of issues/points of interest
- Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business
- Participates in personal performance management and development activities, including cross training within own team
- Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
- Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
- Contributes to a fair, positive, and equitable environment that supports a diverse workforce
- Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally
Benefits
- 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
- Reward and recognition
- Regular career, development, and performance conversations with your manager
- Access to an online learning platform
- A variety of mentoring programs
- Training and onboarding sessions
- Accommodations to complete the application process for applicants with a disability
Company Overview
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD). It was founded in 1852, and is headquartered in Wilmington, Delaware, USA, with a workforce of 10001+ employees. Its website is https://www.td.com.