Financial Crime Risk Business Oversight Specialist (US)

TD • Fort Lauderdale, FL

2d • $91,000 - $145,600 • Onsite

About The Position

This role is not eligible for TD work visa support or sponsorship (e.g., H-1B, F-1 OPT/STEM OPT, TN or other work visa authorizations). Applicants must have authorization to work in the United States without current or future need for TD sponsorship. The Digital Assets Program team sits within FCRM Business Oversight and is responsible for identifying emerging financial crime risks for new client relationships, the offering of products and services, and new initiatives related to digital assets enterprise wide. The DAP team is responsible for advising and assisting in the development, drafting, and effective implementation of policies, procedures, and controls specific to the bank's digital assets strategy. DAP team members also participate on project steering committees, advisory committees, and are responsible for maintaining and updating senior leadership on developments in the digital asset ecosystem, such as new laws, rules, and regulations germane to financial crimes risk. The role of business analyst will be report to the Senior Manager for the DAP, and will be responsible for items in the DAP workflow, including client on-boarding, conducting risk assessments for new products and services and initiatives across all TD entities, and providing specific data points for transaction monitoring, screening, and audit, to develop controls and testing benchmarks within the digital asset space. 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.

Requirements

• 7 years of experience working in AML/CFT/KYC/EDD in the financial services industry, or in a consulting or law firm advising companies on the same.
• Familiarity with AML/ CFT/Sanctions monitoring procedures as mandated by the BSA (FinCEN), OFAC, FINTRAC, Wolfsberg Group, Basel Institute, FATF, and other like entities.
• Familiarity with specific red flag money laundering typologies and standard controls for these areas.
• Highly organized and comfortable working on emerging issues/ issues of first impression, with limited guidance.
• Experience in implementing policies and procedures for new products and initiatives.
• Comfortable reporting findings and solutions to senior management.
• Able to work well with others, particularly in cross-team efforts.
• Familiar with the use of case management and investigations software platforms such as Oracle, ComplyAdvantage, or similar platforms.
• 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.
• 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.
• Undergraduate degree or equivalent work experience.
• Must have authorization to work in the United States without current or future need for TD sponsorship.

Nice To Haves

• Experience with financial products in the payment space, particularly cross-border transfers, and familiarity with controls in that space is a plus.
• A knowledge of digital assets and blockchain technology is preferred but not required.
• Experience tracing digital assets on the blockchain is a plus.
• ACAMS, CFCS, or a like certificate, and/or an advanced degree in business, statistics, accounting, law, or a like field is preferred but not required.

Responsibilities

• Identifying emerging financial crime risks for new client relationships, the offering of products and services, and new initiatives related to digital assets enterprise wide.
• Advising and assisting in the development, drafting, and effective implementation of policies, procedures, and controls specific to the bank's digital assets strategy.
• Participating on project steering committees, advisory committees, and maintaining and updating senior leadership on developments in the digital asset ecosystem.
• Client on-boarding, conducting risk assessments for new products and services and initiatives across all TD entities.
• Providing specific data points for transaction monitoring, screening, and audit, to develop controls and testing benchmarks within the digital asset space.
• Providing 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.
• 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.
• Manages/assists with regulatory reviews including inquiries, audits, and exams.
• 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.
• 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.
• 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.

Benefits

• Base salary
• Variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development
• Reward and recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree