Financial Crime Risk Business Oversight Specialist (US)

TD Bank•Laurel, MD

8d•Onsite

About The Position

The Financial Crime Risk Business Oversight Specialist acts as key business oversight lead and provides expert/specialized business guidance and 2nd line challenge and oversight to portfolios, businesses and functions on development, maintenance, and implementation of all aspects of AML/ATF/Sanctions/ABAC compliance programs in line with the Bank's risk appetite and strategic direction. As a Financial Crime Risk Business Oversight Specialist, you will act as a key business oversight lead and provide expert/specialized AML guidance across TD's consumer credit cards and unsecured lending businesses. You will actively assist in developing and overseeing the implementation of AML policies and procedures. This role ensures that TD's AML framework remains robust and is aligned with regulatory expectations. You will be influencing business decisions, collaborating with business partners, taking ownership, and making recommendations related to client, product, geographical risk.

Requirements

Undergraduate degree or equivalent work experience
7+ years experience
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
Provides advanced analysis and/or specialized reporting to support business partners, functional areas, or centers of expertise
Provides 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
Manages/assists with regulatory reviews including inquiries, audits, and exams
Deep knowledge and understanding of businesses/technology, and organizational practices/disciplines
Identifies and leads problem resolution for project/program complex requirements related issues at all levels
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - Continuous
Sitting – Continuous
Concentrating for long periods of time – Continuous
Applying common sense to deal with problems involving standardized situations – Continuous
Reading, writing and comprehending instructions – Continuous
Adding, subtracting, multiplying and dividing – Continuous

Nice To Haves

7+ years of progressive financial crimes/AML experience, preferably in a compliance or oversight function
Ability to develop and maintain strong relationships with business partners and broader teams
Strong project management and/or ability to create roadmaps that facilitate business decisions
Excellent verbal and written communication skills, and interpersonal skills; ability to communicate effectively with Executive and line of business managers
ACAMS or CAMS certification preferred or other risk management experience
Occasional Domestic Travel
Responding quickly to sounds – Occasional
Standing – Occasional
Walking – Occasional
Moving safely in confined spaces – Occasional
Lifting/Carrying (under 25 lbs.) – Occasional
Squatting – Occasional
Bending – Occasional
Reaching forward – Occasional

Responsibilities

Provides expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters affecting covered TD businesses
Proactively advises covered TD businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulates the impact to their processes and controls
Contributes to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
Guides and partners with covered TD businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs
Escalates and manages to resolution significant issues and events
Represents FCRM on internal or external committees relating to designated business activities as required
Delivers subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
Actively assists in developing and overseeing implementation of business line policies and procedures
Collaborates with subject matter experts to develop and enhance methodologies for analyzing risk exposures of covered TD businesses
Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Consistently exercises discretion in managing correspondence, information, and all matters of confidentiality; escalates issues where appropriate
Supports the development of annual awareness training
Protects the interests of the organization – identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
Keeps current on emerging issues, trends, and evolving regulatory requirements to and assesses potential impacts
Handles inquiries/requests from Internal Audit and regulators
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
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
Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business
Participates in personal performance management and development activities, including cross training within own team
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices
Leads, motivates and develops relationships with internal and external business partners/stakeholders to develop productive working relationships
Contributes to a fair, positive, and equitable environment that supports a diverse workforce
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally