Financial Crime Risk Analyst II, KYC

TD•Fort Lauderdale, FL

1d•Onsite

About The Position

The Financial Crime Risk Analyst II role provides a range of analytical, research and assessment support to the development of and enhancements to the enterprises FCRM programs and processes. This role may interact with key stakeholders and third-party service providers to deliver AML/ATF/Sanctions/ABAC programs that satisfy regulatory requirements. Additionally, this role assists in reviewing higher risk customer or transactional information. The Financial Crimes Risk Management (FCRM) Know Your Customer (KYC) Program Team is responsible for the establishment and ongoing oversight of an effective KYC Program for TD Bank US Holdings. The KYC Program Team is tasked with setting consistent requirements for the bank to reasonably 'know its customers' and evaluate the risks associated with a customer relationship throughout the customer lifecycle. The primary responsibility of the KYC High Risk Reviews team is to execute enhanced due diligence (EDD) reviews for high-risk customers at the bank. The team is responsible for managing procedures and escalations related to high-risk customers, including analysis of customer behavior and activity of concern, in compliance with KYC policy and regulatory requirements. The team engages with the 1st line of defense on the outcomes of EDD reviews, management of issues, and guidance related to high-risk customer types and associated activity.

Requirements

Undergraduate degree or equivalent work experience
3+ years experience

Nice To Haves

ACAMS certification
Strong knowledge of AML, KYC and EDD processes and regulations
1-2 years of experience within a AML, KYC, EDD or CDD role

Responsibilities

Provides FCRM research, evaluation, operational, reporting and/or analytical support in oversight, advisory services and control function to business (FCRM) partners, in a timely manner
Co-ordinates requests to and from, business (FCRM) partners
Assists in the preparation of summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders
Recommends responses to enterprise FCRM Program questions and immediately escalates any sensitive issues according to departmental procedures
Analyzes data and draws conclusions to meet program health reporting requirements
Analyzes emerging trends pertaining to regulatory changes, reporting or other departmental functions and provides recommendations to enhance or rectify FCRM- related gaps, issues and enhancements
Proactively identifies matters requiring additional review, escalation, and liaises with appropriate staff to resolve, as appropriate
Coordinates tracking and reporting of FCRM function initiatives and programs
Prioritizes and manages own workload to meet SLA requirements for service and productivity
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions / activities as necessary
Acquires and applies expertise in the FCRM discipline, provides guidance, assistance and direction to other FCRM partners
Identifies, recommends and effectively executes standard practices applicable to the FCRM discipline
Keeps abreast of emerging issues, trends, and evolving regulatory requirements
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Adheres to internal policies / procedures and applicable regulatory guidelines
Coordinates with other FCRM partners and compliance partners to ensure consistence in the application of FCRM
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
Supports the team by continuously enhancing knowledge / expertise in own area and participates in knowledge transfer within the team and business unit
Keeps current on emerging trends / developments and grows knowledge of the business, related tools and techniques
Participates in personal performance management and development activities, including cross training within own team
Keeps others informed and up to date about the status / progress of projects and/or all relevant or useful information related to day-to-day activities
Contributes to the success of the team by willingly assisting others in the completion and performance of work activities; provides training, coaching and/or guidance as appropriate
Contributes to a fair, positive and equitable environment that supports a diverse workforce
Acts as a brand champion for your function and the bank, both internally and/or externally
Grows knowledge of the business, related tools and techniques