Financial Crime Risk Business Oversight Specialist (US)

TD Bank•Greenville, NY

23h•Onsite

About The Position

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

Authorization to work in the United States without current or future need for TD sponsorship.
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.
Ability to work well with others, particularly in cross-team efforts.
Familiarity with the use of case management and investigations software platforms such as Oracle, ComplyAdvantage, or similar platforms.
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.
Undergraduate degree or equivalent work experience.
Experience with financial products in the payment space, particularly cross-border transfers, and familiarity with controls in that space 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.
Performing sedentary work – Continuous
Performing multiple tasks – Continuous
Operating standard office equipment - 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

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, product/service offerings, and new initiatives related to digital assets.
Advising and assisting in the development, drafting, and implementation of policies, procedures, and controls for the bank's digital assets strategy.
Participating on project steering committees and advisory committees.
Maintaining and updating senior leadership on developments in the digital asset ecosystem, including new laws, rules, and regulations.
Managing client onboarding within the DAP workflow.
Conducting risk assessments for new products, services, and initiatives across all TD entities.
Providing data points for transaction monitoring, screening, and audit.
Developing 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 AML/ATF/Sanctions/ABAC compliance programs.
Providing comprehensive coverage for significant business or functional areas across all legal entities and jurisdictions where TD operates.
Advising businesses as FCRM representative on complex projects or change initiatives.
Providing advanced analysis and specialized reporting to support business partners, functional areas, or centers of expertise.
Guiding and supporting analysts on matters related to portfolios and specialties.
Acting as a subject matter expert for key functional AML/ATF/Sanctions/ABAC areas and business requirements.
Managing correspondence, information, and confidentiality.
Assisting with regulatory reviews, including inquiries, audits, and exams.
Identifying and leading problem resolution for complex project/program requirements issues.
Providing expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters.
Proactively advising businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulating the impact.
Contributing to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs.
Guiding and partnering with businesses through the development, implementation, oversight, and management of effective AML/ATF/Sanctions/ABAC Compliance Programs.
Escalating and managing to resolution significant issues and events.
Representing FCRM on internal or external committees relating to designated business activities.
Delivering subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management.
Developing and maintaining management reporting and analysis.
Collaborating with subject matter experts to develop and enhance methodologies for analyzing risk exposures.
Ensuring programs/policies/practices are well managed, meet business needs, comply with requirements, and align with business priorities.
Supporting the development of annual awareness training.
Identifying and managing risks, and ensuring prompt and thorough resolution of escalated non-standard, high-risk issues.
Managing relationships within and across various business lines, corporate and/or control functions.
Keeping current on emerging issues, trends, and evolving regulatory requirements.
Handling inquiries/requests from Internal Audit and regulators.
Maintaining a culture of risk management and control.
Participating fully as a member of the team, supporting a positive work environment.
Providing thought leadership and/or industry knowledge for own area of expertise.
Participating in knowledge transfer within the team and business.
Participating in personal performance management and development activities.
Contributing to team development of skills and capabilities through mentorship, knowledge sharing, and leveraging best practices.
Leading, motivating, and developing relationships with internal and external business partners/stakeholders.
Contributing to a fair, positive, and equitable environment.
Acting as a brand ambassador for your business area/function and the bank.

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
Regular development conversations
Training programs
Competitive benefits plan
Online learning platform
Mentoring programs