Financial Crime Risk Analyst II (4846)

TD•Toronto, ON

2d•Onsite

About The Position

This is an experienced professional role providing specialized guidance, assistance, and support to functions and FCRM teams. The role involves independently performing activities from end to end and requires an advanced understanding of a range of products, services, processes, procedures, systems, and concepts within their area of specialty, as well as integration points with related areas. The Financial Crime Risk Analyst II manages ambiguity, applies judgment to identify, troubleshoot, and resolve ongoing business and operational issues, and interprets and administers policies. They adopt and implement business process improvements and, guided by practices, procedures, and operating plans, make process and capacity management decisions to ensure ongoing operations. This role typically involves a moderate level of complexity in operational, reporting, process, and/or analysis functions with a short to medium-term focus. Generally, this position reports to a Manager, FCRM Quality Assurance.

Requirements

Minimum 3+ years of experience conducting Enhanced Due Diligence (EDD) reviews for High‑Risk Customers (HRC), including Politically Exposed Persons (PEPs) and high‑risk industries.
Experience performing EDD/AML reviews within Capital Markets, Correspondent Banking, and/or Wholesale Banking environments is considered a strong asset.
Experience in Quality Assurance, Quality Control, Audit or second-line testing functions is an asset.
Understanding of Suspicious Transaction Report (STR) regulatory requirements and Reasonable Grounds to Suspect (RGS) thresholds, including experience assessing investigative conclusions and regulatory reporting decisions.
Undergraduate degree or equivalent work experience.

Nice To Haves

Professional certifications such as CAMS, CFCS, or equivalent financial crime certifications are considered an asset.

Responsibilities

Provide 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-ordinate requests to and from, business (FCRM) partners.
Assist in the preparation of summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders.
Recommend responses to enterprise FCRM Program questions and immediately escalate any sensitive issues according to departmental procedures.
Analyze data and draw conclusions to meet program health reporting requirements.
Analyze emerging trends pertaining to regulatory changes, reporting or other departmental functions and provide recommendations to enhance or rectify FCRM related gaps, issues and enhancements.
Proactively identify matters requiring additional review, escalation, and liaise with appropriate staff to resolve, as appropriate.
Coordinate tracking and reporting of FCRM function initiatives and programs.
Prioritize and manage own workload to meet SLA requirements for service and productivity.
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate.
Protect the interests of the organization – identify and manage risks, and escalate non-standard, high-risk transactions / activities as necessary.
Acquire and apply expertise in the FCRM discipline, provide guidance, assistance and direction to other FCRM partners.
Identify, recommend and effectively execute standard practices applicable to the FCRM discipline.
Keep abreast of emerging issues, trends, and evolving regulatory requirements.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Adhere to internal policies/procedures and applicable regulatory guidelines.
Coordinate with other FCRM partners and compliance partners to ensure consistency in the application of FCRM.
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit.
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques.
Participate in personal performance management and development activities, including cross training within own team.
Keep 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.
Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
Contribute to a fair, positive and equitable environment that supports a diverse workforce.
Act as a brand champion for your function and the bank, both internally and/or externally.
Grow knowledge of the business, related tools and techniques.