Senior Manager, Financial Crime Risk Oversight

TD Bank

4.1

(21)

Toronto, Canada

Why you should apply for a job to TD Bank:

  • 4.1/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 81% say women are treated fairly and equally to men
  • 76% would recommend this company to other women
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • We offer flexible working options to help you manage the critical roles you play in your personal life as well as your professional one
  • We emphasize a culture of diversity, empower employees with diverse abilities & ensure they have the tools & support they need to thrive
  • We encourage our employees’ volunteer efforts and actively look to support community initiatives that can involve the TD team
  • #R_1344405

    Position summary

    at together build our Global Anti-Money Laundering (GAML) Program and professional community.

    Anti-Money Laundering (AML) Financial Crime Risk Oversight is the team that acts as the primary contact providing counsel on AML and anti-terrorist financing policies and standards. AML Financial Crime Risk Oversight ensures that program activities align with TD's risk philosophy and strategic direction.

    If you want to be a brand ambassador who can help strive efficiencies for the Bank, then join our team and make an impactful contribution to TD and your own success.

    Job Description:

    The Canadian Banking AML Financial Crime Risk Oversight team is looking for a Senior Manager to provide specialized end to end support in a highly complex, and diverse function for an area of significant risk, complexity and scope (transaction monitoring and customer risk rating strategies) for Canadian Banking.

    The Senior Manager is a subject matter expert and provides insight, guidance, and recommendation on AML subject matter, regulatory and industry issues and acts as a specialized resource to other teams based on expertise including, but not limited to, risk typologies, risk coverage, transaction monitoring, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing.

    Other key responsibilities include:

    • Oversee and lead a highly complex, and diverse function for an area of significant risk, complexity or scope (transaction monitoring and customer risk rating strategies for Canadian Banking)

    • Provide strategic direction on a broad and diverse range of complex global AML/ATF program activities

    • Provide insight, guidance, and recommendation on AML subject matter, regulatory and industry issues and acts as a specialized resource to other teams based on subject matter expertise including, but not limited to, risk typologies, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing

    • Keep current on emerging issues, trends, and evolving regulatory requirements and assess potential impacts to AML/ATF and Sanctions regulatory compliance and risk management strategies, focusing on regulatory reporting applications, transaction monitoring and customer risk rating approaches

    • Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

    • Liaise with regulatory and law enforcement agencies on AML examinations and related inquiries, as appropriate

    • Participate in the development of GAML enterprise-wide frameworks, policies, standards, procedures in coordination with management in line with TD's AML/ATF Program

    • Work with executive team, senior business management/ partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory compliance and risk management obligations

    • Meet with business (GAML) partners and leaders to determine AML strategies and compliance culture

    • Primary escalation point for significant matters relating to GAML applications and regulatory reporting processes

    • Work closely with executive management team to support the development of the Financial Crime Risk Oversight team's business plan, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale

    • Plan and execute on strategic activities, review and communicate results, and adjust tactics accordingly develop and operational the business plan and deliver on AML/ATF programs across the enterprise.

    • Proactively identify key business opportunities, research and recommend enhancements / modifications, develop strategies to achieve recommendations related to GAML applications and regulatory reporting processes

    • Strategic partner to leadership team on the management of the portfolio, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas

    • Facilitate key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/ frameworks/ short to long term goals, etc.)

    • Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams

    • Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes

    • Act as a brand ambassador for the GAML Financial Crime Risk Oversight function and the bank, both internally and/or externally

    • Participate in enterprise wide or GAML focused special projects

    • Oversee research, development and implementation of new processes, technologies or operating models for transaction monitoring and customer risk rating for the Canadian Banking portfolio

    • Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

    • Maintain knowledge of end-to-end processes and internal / external partners and regulatory requirements

    • Contributes to the development of business segment and/or enterprise functional strategic priorities within their operational area or field of specialty

    Job Requirements:

    • 10+ years relevant experience

    • Advanced knowledge of risk management environment, standards, regulations and mitigation

    • Knowledge of current and emerging AML/ATF and Sanctions trends

    • Skill in mentoring, coaching and performance management

    • Skill in using analytical software tools, data analysis methods and reporting techniques

    • Skill in using computer applications including MS Office

    • Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion

    • Ability to communicate effectively in both oral and written form

    • Ability to work collaboratively and build relationships across teams and functions

    • Ability to work successfully as a member of a team and independently

    • Ability to exercise sound judgement in making decisions

    • Ability to analyze, organize and prioritize work while meeting multiple deadlines

    • Ability to process and handle confidential information with discretion

    • Ability to establish goals and objectives that support the strategic plan

    • Ability to contribute to strategic direction of the AML strategic initiatives and projects and provide advice to senior leadership

    Education and Accreditation:

    • An undergraduate or technical certificate

    • Professional designation (CAMS, CFE etc.) would be 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.

    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:
    N/A.

    Why you should apply for a job to TD Bank:

  • 4.1/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 81% say women are treated fairly and equally to men
  • 76% would recommend this company to other women
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • We offer flexible working options to help you manage the critical roles you play in your personal life as well as your professional one
  • We emphasize a culture of diversity, empower employees with diverse abilities & ensure they have the tools & support they need to thrive
  • We encourage our employees’ volunteer efforts and actively look to support community initiatives that can involve the TD team