Financial Crime Risk Oversight Specialist, Global Markets

Work Location :

New York, New York, United States of America

Hours : 40

Line of Business :

Financial Crime Risk Management

Pay Detail :

$128,000 - $165,000 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.

Job Description :

Position : Financial Crime Risk Oversight Specialist, Global Markets

Reports to : Director, Financial Crime Risk Oversight, TD Securities, US

Position Summary

The U.S. FCRM TDS Business Oversight team supports TD Securities in developing, implementing, and maintaining a robust financial crime risk management ("FCRM") program that meets regulatory requirements and mitigates financial crime risk. This involves providing guidance on regulatory compliance, close partnership with business and legal, and operationalizing requirements and regulations for the Wholesale business. The team provides advice across the full spectrum of TDS customers, products, transactions, and FCRM-related processes. The team mandate includes regulatory compliance, program remediation, risk management, and program development. Key components are :

Design, implement, enhance and maintain the TDS U.S. FCRM program.

Advise TDS Operations and other 1st line support functions on interpretation of and compliance with applicable financial crime laws, regulations, and guidance.

Provide oversight of, and credible challenge to, the first line of defense.

Provide customized training and ensure that employees remain informed about changes in financial crime regulations and emerging money laundering typologies.

Assess and opine on financial crime risks of new products and mandates.

The Financial Crime Risk Oversight Specialist is responsible for supporting the firm's FCRM program and plays a key role within U.S. FCRM TDS Business Oversight.

Primary duties include :

Demonstrate governance, control and risk management behaviors aligned with TD policies and practices.

Provide advisory and oversight support to the TDS US business, especially Global Markets.

Provide advice to the business on requirements, including supporting remediation and enhancement activities.

Provide quality evaluations and enhancements of exception reports when needed.

Participate in the annual enterprise-wide AML / BSA / Sanctions / ABAC risk assessment process.

Conduct targeted AML / OFAC training, as appropriate.

Conduct periodic testing of AML functions as mandated by the Periodic AML Testing Program.

Participate in special projects, including assisting with adherence to enterprise-wide initiatives including global policies and governance.

Assist with regulatory and audit requests.

Provide backup to general AML compliance functions such as surveillance reviews, section 312 reviews and TD affiliates due diligence reviews.

Complete all tasks within required timeframes.

Qualifications / Skills / Experience

Bachelor's degree required (exceptional candidates demonstrating an equivalent combination of relevant education and experience will be considered).

7 to 10 years of knowledge and experience in AML compliance including within Wholesale financial services, preferably with a major US financial institution.

Excellent verbal and written communicator with detailed oriented nature.

Must have strong subject matter knowledge of financial crime risks and controls across a range of Global Markets activity, to include equities, fixed income, foreign exchange, commodities, and derivatives.

Ability to identify and evaluate potential risks to the Firm and escalate accordingly.

Strong project management and strategic thinking skills.

Proficiency with Microsoft Word, Excel and PowerPoint.

The Financial Crime Risk 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

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 Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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. 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

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 USWAPTDO@td.com . Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.