Senior Manager, Financial Crime Risk Management
Work Location : Mount Laurel, New Jersey, United States Of America Hours : 40 Pay Details : $110,760 - $178,880 USD 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 : Financial Crime Risk Management
Job Description : The Senior Manager, Financial Crime Risk Management role leads, develops and oversees the work of a dynamic team of professionals who develop FCRM frameworks, policies, standards and provides oversight, expert policy / regulatory guidance and advice related to specialized domains of TD's AML / ATF / Sanctions / ABAC programs. This role provides specialized project support or services. This role provides strategic and day to day direction on a broad and diverse range of complex FCRM program activities, including assigning workflow, providing governance and support, and addressing and escalating issues. This role also oversees the timely execution of periodic and / or event driven reviews using a risk-based approach to align with policy and regulatory requirements. This role serve as primary escalation point for significant matters / exceptions. This role identifies and implements risk mitigation strategies for findings from risk assessment, audit findings, regulatory exams, potential violations of law, etc. Additionally, this role coordinates with internal and external stakeholders (e.g., auditors, regulators) to provide necessary documentation and support during audits and examinations.
Depth & Scope :
- Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any / all disciplinary actions, as required
- Oversees and leads a highly complex, and / or diverse function for an area of significant risk, or scope
- Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizes and anticipates emerging trends and identifies operational efficiencies and opportunities with other business management / enterprise areas
- Facilitates key strategic discussions and provides thought leadership to executive audience (output may include strategic roadmap and / or deliverables / frameworks / short to long term goals etc.)
- Sets operational team direction and collaborates with others to execute on common goals
- Focuses on longer-range planning for functional area
Education & Experience :
Undergraduate degree or equivalent work experience10+ years experiencePreferred Skills : ACAMs, CAMs CertifiedStrong Written and Communication SkillsCustomer Accountabilities :
Oversees a function of enterprise FCRM Program professionals providing oversight and control related advisory services to FCRM partnersProvides strategic direction on a broad and diverse range of complex global FCRM program activitiesDevelops FCRM enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's FCRM ProgramWorks with executive team, senior business management / partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory / compliance issuesContributes to the development and implementation of enterprise FCRM programs related to all aspects of FCRM legislationMeets with business (FCRM) partners and leaders to determine FCRM strategies and compliance cultureTakes corrective action and recommends or implements changes to procedures, as requiredLeads role in managing and in responding to periodic exams / audits and various regulatory bodies related to accountabilitiesParticipates in / leads enterprise-wide or FCRM-focused special projectsOversees research, development and implementation of new processes, technologies or operating modelsWorks autonomously as the leader of the team and assists with development of group policies and approval of procedures in coordination with leadership team and colleagues; and promotes and monitors staff adherence to approved internal FCRM policies, procedures, standards and guidelines, in addition to those federally mandatedProvides guidance, leadership, coaching and development to ensure operational results and professional / personal development objectives are achievedShareholder Accountabilities :
Protects the interests of the organization identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issuesWorks closely with executive management team to support the development of business plans, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scalePlans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordinglyMay manage overall budget, revenue and expenditures, meet business objectives while increasing efficiency and effectivenessProvides mentorship to direct reports; and assumes responsibility to minimize operational and regulatory risk by complying with Bank Code of ConductKeeps abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impactsMaintain knowledge of end-to-end processes and internal / external partners and regulatory requirementsProvides input into the development, implementation, and monitoring of operating plans and expense budgets for the area, consistent with TD Bank strategies and objectivesPrepares detailed reports and presentations for senior management and regulatory authorities, covering the effectiveness of processes and controls, and recommendations for necessary enhancementsContributes to the development of the business plan and operationalize the plan and deliver on assigned service or functionalityWorks closely with leaders to develop and operational the business plan and deliver on FCRM programs across the enterprisePlans and executes on strategic activities, reviews and communicates results and adjust tactics accordinglyProactively identifies key business opportunities, researches and recommends enhancements / modifications, develops strategies to achieve recommendationsUnderstands TDBG issues / parameters and guide others to protect the reputation and interest of TDBG by adhering to operating standards and processes related to FCRMEnsures employees are building and enhancing their FCRM knowledge and expertise; and employees assume responsibility in minimizing operational and regulatory risk by complying with Bank policy and Code of ConductMaintains a culture of risk management and control, supported by effective processes in alignment with risk appetiteLeads relationships with corporate and / or functions to ensure alignment with enterprise and / or regulatory requirementsLeads or contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situationsCoordinates and supports team and business (FCRM) partner FCRM related activities, as necessaryEmployee / Team Accountabilities :
Responsible for management of the overall team providing both leadership and guidanceContributes to the development of FCRM functional strategic priorities within their operational area or field of specialtyDevelops annual and / or long-term plans for own area and influences plans well beyond area managedProvides thought leadership and / or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unitGrows team expertise to align with FCRM / enterprise demand and direction; assesses team skills and capabilities and continually looks for ways to provide and enhance the value deliveredLeads and develops a high performing team of professional FCRM resources through talent acquisition, coaching / development and recognition; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employeesCreates and fosters a cohesive team and promotes a positive work environment. Leads and follows up on action plans to improve employee experienceLeads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and / or rewards performance in a timely mannerManages employees in compliance with all human resources policies, procedures and guidelines of conductShares knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourages good working relationships with other functions and teamsSupports an environment where the team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successesRecruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives