AML Financial Crime Risk Oversight Specialist (1872)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Financial Crime Risk Management

Pay Details:
$ 91,200 - $ 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 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:

Job Description Summary:

We are seeking a detail-oriented and analytical professional to join as Financial Crime Risk Oversight Specialist within TDS FCRM Business Oversight function. The incumbent is responsible for the Oversight of the AML/Sanctions and ABAC programs for TDS Canada and Corporate Segments, leading the Enterprise Risk Assessment and Regulatory Compliance Management processes for TDS Canada, AML Specialized Training program delivery and development, and ensuring compliance across Canadian TDS business segments with external and internal AML/ATF, Sanctions, and ABAC standards.

The ideal candidate will have a strong understanding of risk management principles, excellent analytical and communication skills, and experience in delivering high-quality results for executive audiences and TD Securities stakeholders. This role is critical to maintaining effective risk controls, identifying process efficiencies, and ensuring operational integrity across the organization.

KEY ACCOUNTABILITIES

• Lead the Enterprise Risk Assessments (ML/TF and ABAC) process by providing effective review and challenge to TD Securities business segments and Corporate Functions, which includes Inherent Risk and Controls Assessments
• Lead the Regulatory Compliance Management (RCM) process by providing effective review and challenge to TD Securities business segments and Corporate Functions, which include Inherent Risk, Program Effectiveness and Control Effectiveness Assessments
• Act as a subject matter expert by overseeing and providing guidance to TD Securities business segments throughout the life cycle of the client relationship with TDS, which includes Prime Brokerage, Corporate Investment Banking, and Global Markets
• Review and challenge New Business Product initiatives and Change Initiatives from TDS business segments and technology stakeholders to assess impacts to AML/Sanctions/ABAC controls
• Provide expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF /Sanctions/ABAC matters affecting covered TD businesses
• Supports the development of annual specialized training for TDS business segments
• Oversee demarket decisions, case investigations, watchlist / negative news management by FCRM teams that support TDS
• Escalate and manage to resolution significant issues and events
• Represent FCRM on internal or external committees/inquiries relating to designated business activities as required
• Deliver subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
• Act as key liaison with partners and external groups and provide subject matter expertise at the department level
• Guide and partner with covered TD businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs

SHAREHOLDER

• Actively assist in developing and overseeing implementation of business line policies and procedures
• Act as a subject matter expert to develop and enhance methodologies for analyzing risk exposures of covered TD businesses
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Stay up to date on current on emerging issues, trends, and evolving regulatory requirements in the AML/ATF/ Sanctions/ABAC industry and assesses potential impacts.
• Coordinate with other AML/ATF/Sanctions/ABAC partners and business compliance partners to ensure consistency in the application of AML/ATF/Sanctions/ABAC programs and standards across the enterprise.
• Protect the interests of the organization - identify and manage risks, and ensure the prompt analysis and escalation of non-standard, high-risk issues, monitoring to thorough resolution.
• Acquire and apply expertise in the AML/ATF/Sanctions/ABAC disciplines, providing basic guidance and direction to business and other business oversight partners.
• Work with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations.
• Provide feedback and effective challenge on business line policies and procedures and make recommendations for enhancements based on changes to regulatory requirements or business processes.
• Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality, escalating issues where appropriate.

EMPLOYEE / TEAM

• Contribute to the success of the TDS FCRM Business Oversight team by promoting a positive and inclusive work environment.
• Foster strong relationships with stakeholders across lines of business and support functions, providing high-quality service and timely execution of responsibilities within established SLAs.
• Demonstrate eagerness to learn and grow within the Business Oversight function by participating in professional development and training opportunities.
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Act as a brand ambassador for TDS FCRM Business Oversight and the bank, both internally and/or externally

BREADTH & DEPTH

• Maintain knowledge/expertise on a broad range of subject areas related to the job function and industry standards. This includes AML/ATF/Sanctions/ABAC and knowledge in TD Securities product and service offerings
• Strong knowledge of Canadian AML/ATF regulations and global financial crime compliance frameworks (e.g., FATF)
• Provide advice and guidance for moderately complex projects with continued support from stakeholders and management and act as a point of contact for non-routine information.
• Identify and lead problem resolution for project/program complex requirements related issues at all levels
• Recommend and implement solutions within own area of responsibility and actively seek out ways to improve collaboration with other work areas as needed.
• Generally reports to a Senior Manager

EXPERIENCE & EDUCATION

• Advanced degree, professional accreditation, and/or 8+ years relevant industry experience
• Knowledge of global markets, securities and capital market products is required.

• Understanding of TD Securities products and services offered are an asset, such as Prime Brokerage, Global Markets and Corporate Investment Banking

• Undergraduate Degree
• CAMS designation considered 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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.

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):
Sans Objet