Financial Crime Risk Analyst II - KYC

TD Bank•Mount Laurel, NJ

5h•Onsite

About The Position

This role provides a range of analytical, research, and assessment support to the development and enhancement of the enterprise's Financial Crime Risk Management (FCRM) programs and processes. The role may interact with key stakeholders and third-party service providers to deliver Anti-Money Laundering (AML)/Anti-Terrorist Financing (ATF)/Sanctions/Anti-Bribery and Corruption (ABAC) programs that satisfy regulatory requirements. Additionally, this role assists in reviewing higher risk customer or transactional information. The 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. To be successful in this role, you will need to know the difference between investigations, EDD and CDD and have conducted complicated EDD in your current or past roles. This role is more focused on EDD experience rather than an investigative role. This is an experienced professional role providing specialized guidance/assistance/support to functions/FCRM teams. It requires independently performing activities from end-to-end and an advanced understanding of a range of products and services, processes, procedures, systems, and concepts within their own area of specialty and integration points with related areas. The role involves managing ambiguity and applying judgment to identify, troubleshoot, and resolve ongoing business and operational issues. It requires interpreting and administering policies, adopting and implementing business process improvements, and making process and capacity management decisions to ensure ongoing operations, with a moderate level of complexity in operational/reporting/process and/or analysis functions requiring a short to medium-term focus.

Requirements

Undergraduate degree or equivalent work experience
3+ years experience
Must have conducted complicated EDD in current or past roles
This is not an investigative role, this is an EDD role and experience in this area is preferred
Strong written and verbal communication skills
Applicants must have authorization to work in the United States without current or future need for TD sponsorship.

Nice To Haves

ACAMS preferred
Strong knowledge of AML KYC and Enhanced Due Diligence (EDD) processes and regulations

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 consistency 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.