Financial Crime Risk Business Oversight Specialist (US)

Work Location:

Hours:

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.

Line of Business:

Job Description:

This role is not eligible for TD work visa support or sponsorship (e.g., H-1B, F-1 OPT/STEM OPT, TN or other work visa authorizations).  Applicants must have authorization to work in the United States without current or future need for TD sponsorship.

The Digital Assets Program team sits within FCRM Business Oversight and is responsible for identifying emerging financial crime risks for new client relationships, the offering of products and services, and new initiatives related to digital assets enterprise wide.  The DAP team is responsible for advising and assisting in the development, drafting, and effective implementation of policies, procedures, and controls specific to the bank's digital assets strategy.  DAP team members also participate on project steering committees, advisory committees, and are responsible for maintaining and updating senior leadership on developments in the digital asset ecosystem, such as new laws, rules, and regulations germane to financial crimes risk.

The role of business analyst will be report to the Senior Manager for the DAP, and will be responsible for items in the DAP workflow, including client on-boarding, conducting risk assessments for new products and services and initiatives across all TD entities, and providing specific data points for transaction monitoring, screening, and audit, to develop controls and testing benchmarks within the digital asset space.    

The ideal candidate will have 7 years of experience working in AML/CFT/KYC/EDD in the financial services industry, or in a consulting or law firm advising companies on the same.  They must have familiarity with AML/ CFT/Sanctions monitoring procedures as mandated by the BSA (FinCEN), OFAC, FINTRAC, Wolfsberg Group, Basel Institute, FATF, and other like entities, and be familiar with specific red flag money laundering typologies and standard controls for these areas; they must be highly organized and comfortable working on emerging issues/ issues of first impression, with limited guidance; will have experience in implementing policies and procedures for new products and initiatives, and are comfortable reporting findings and solutions to senior management, be able to work well with others, particularly in cross-team efforts, and are familiar with the use of case management and investigations software platforms such as Oracle, ComplyAdvantage, or similar platforms. 

The Financial Crime Risk Business Oversight Specialist 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.

Depth & Scope:

• Senior specialist with AML/ATF/Sanctions/ABAC expertise, 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
• 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

Education & Experience:

• Undergraduate degree or equivalent work experience 
• 7+ years experience

Preferred Skills:

• Experience with financial products in the payment space, particularly cross-border transfers, and familiarity with controls in that space is a plus.
• A knowledge of digital assets and blockchain technology is preferred but not required.  Experience tracing digital assets on the blockchain is a plus.
• ACAMS, CFCS, or a like certificate, and/or an advanced degree in business, statistics, accounting, law, or a like field is preferred but not required. 

Customer Accountabilities:

• 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

Shareholder Accountabilities:

• 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

Employee/Team Accountabilities:

• 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

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition. 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.
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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [email protected].  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.