Financial Crime Risk Oversight Specialist - US Risk Assessment US

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.

Line of Business:

Financial Crime Risk Management

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.

Department Overview:

US Financial Crime Risk Management (FCRM) Risk Assessment Team is responsible for the governance, oversight, and execution of the ML/TF, Sanctions, and ABC risk assessments across the US units and segments, including identifying enhancements to the Risk Assessment Methodology and processes. The FCRM US Risk Assessment specialist contributes to the execution of the risk assessments through supporting the delivery of the team's business strategies and objectives in compliance with governing regulations, internal policies, and procedures and collaborating with stakeholder groups across the bank in both 1LoD and 2LoD functions, and business lines.

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

• 7+ years of experience

Preferred Skills:

• Experience in risk assessment execution providing credible challenge in response to stakeholder self-assessments and data validation; experience with targeted risk assessments is a plus.

• Experience developing processes and controls.

• Ability to coordinate across multiple management levels, jurisdictions, business lines and support functions to drive results and meet timely deadlines.

• Proficiency with standard computer applications including Word, Excel, and PowerPoint.

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 .