AML Financial Crime Risk Oversight Specialist - Business Oversight - Retail

Financial Crime Risk Business Oversight Specialist

Work Location : Mount Laurel, New Jersey, United States of America Hours : 40 Pay Details : $86,840 - $139,360 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

Financial Crime Risk Management Business Oversight Retail coordinates with other FCRM groups such as Sanctions, Control groups, and various Retail banking business groups. Act as trusted advisor, identify business segment FCRM product, customer, geographic, operational, and strategic risks, mitigants, and control improvements, provide effective challenge, manage remediation of regulatory findings, and perform targeted risk reviews of products / services, customers, and operations. 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 Qualifications : Seeking an experienced professional with technical knowledge of BSA / AML, risks and controls, and experience in the Banking industry. Experience in performing targeted risk reviews of products / services, customers, and operations. Excellent leadership, project management and stakeholder communication skills. Financial crimes industry certifications such as Certified Anti-Money Laundering Specialist (CAMS), or Certified Financial Crime Specialist (CFCS)

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 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 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.

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