Financial Crime Risk Oversight Specialist

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Hours:

Line of Business:

Pay Details:

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 at TD. Our 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.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

The Canadian FCRM Business Oversight team is seeking a candidate interested in a role focused on governance, oversight, and management reporting. The Financial Crime Business Oversight Specialist will support the team's mandate to strengthen AML/ATF risk management across TD's Canadian businesses. Provide expert/specialize advice to portfolios, businesses and functions on development and maintenance of all aspects of AML/ATF compliance programs in line with the Bank's risk philosophy and strategic direction.

CUSTOMER

• Provide specialized advice on AML/ATF matters (both regulatory compliance and prudential risk management) affecting the business including, but not limited to, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing
• Proactively advise the business of new and changed AML regulatory and/or policy changes and articulate the impact to their processes and controls
• Contribute to the development and implementation of AML Compliance programs related to all aspects of AML and ATF laws
• Guide and partner with the business through the development, implementation, oversight and management of effective AML Compliance Programs
• Escalate and manage to resolution significant AML issues and events
• Represent AML on internal or external committees relating to designated business activities as required
• Deliver relevant subject matter expertise and AML/ATF advice to business management
• Maintain oversight (via review and facilitation of executive approval) of all functions and accountabilities related to management reporting and analysis

SHAREHOLDER

• Actively assist in developing and overseeing implementation of business line policies and FCRM Team procedures
• Act as departmental subject matter expert for methodologies for analyzing risk exposures, and liaise with counterparts in other FCRM and business teams to continue to refine and enhance the methodologies
• Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
• Protect the interests of the organization – identify and manage risks, and ensure the prompt and thorough resolution of escalated non-standard, high risk issues
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
• Keep current on emerging issues, trends, and evolving regulatory requirements to and assess potential impacts
• Handle inquiries/requests from Internal Audit and regulators
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

EMPLOYEE/TEAM

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business
• Participate in personal performance management and development activities, including cross training within own team
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce

BREADTH & DEPTH

• Senior specialist with AML expertise, works independently and is accountable for managing a specialized AML function or area
• Provides AML advice to a business as FCRM representative on a complex project or change initiative.
• Provide advanced analysis and/or specialized reporting to support business partners, functional areas or centres of expertise
• Provide 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 area and business requirements
• Contact for business management, external/internal auditors, dealing with non-routine information
• Manage / assist with regulatory reviews including inquiries, audits, and exams
• Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines
• Identify and lead problem resolution for project/program complex requirements related issues at all levels
• Generally reports to a Senior Manager role

JOB REQUIREMENTS

• Advanced knowledge of variety of products and services, systems, standards, procedures, laws, rules and regulations
• 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 Business Oversight function and provide advice to senior leadership
• Skills in creating appropriate analysis and specialized reporting
• Skill in using analytical software tools, data analysis methods and 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

EXPERIENCE & EDUCATION

• 7+ years relevant experience in Second or Third Line (AML, Compliance, Audit, or Risk) functions.
• Professional designation CPA and CIA would be an asset

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

Our Total Rewards Package
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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):