Financial Crime Risk Business Oversight Specialist (4910)

TD•Toronto, ON

5d•Onsite

About The Position

This role provides expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters affecting covered TD businesses. The specialist will proactively advise businesses of new and changed regulatory and/or policy requirements, articulate their impact, and contribute to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs. They will guide and partner with businesses through the development, implementation, oversight, and management of effective compliance programs, escalate and manage significant issues, and represent FCRM on relevant committees. The role also involves delivering subject matter expertise and guidance to business management, including developing and maintaining management reporting and analysis.

Requirements

Undergraduate degree
3+ years of second or Third Line (AML, Compliance, Audit or Risk) experience in Tokenized Deposits, Virtual Currency, and Payments would be preferred
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.
Provide advanced analysis and/or specialized reporting to support business partners, functional areas, or centres of expertise
Provide 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
Manage / assist with regulatory reviews including inquiries, audits, and exams
Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines
Identify and lead problem resolution for project/program complex requirements related issues at all levels
Generally reports to a Senior Manager

Nice To Haves

3+ years of second or Third Line (AML, Compliance, Audit or Risk) experience in Tokenized Deposits, Virtual Currency, and Payments would be preferred

Responsibilities

Provide expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF /Sanctions/ABAC matters affecting covered TD businesses
Proactively advise covered TD businesses of new and changed AML/ATF/ Sanctions/ABAC regulatory and/or policy requirements and articulate the impact to their processes and controls
Contribute to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
Guide and partner with covered TD businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs
Escalate and manage to resolution significant issues and events
Deliver subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
Actively assist in developing and overseeing implementation of business line policies and procedures
Collaborate with subject matter experts to develop and enhance methodologies for analyzing risk exposures of covered TD businesses
Ensure respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Protect the interests of the organization – identify and manage risks, and ensure the prompt and thorough resolution of escalated non-standard, high-risk issues
Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
Keep current on emerging issues, trends, and evolving regulatory requirements to and assess potential impacts
Handle inquiries/requests from Internal Audit and regulators
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
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
Provide thought leadership and/or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business
Participate in personal performance management and development activities, including cross training within own team
Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive, and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally