Financial Crime Risk Specialist, RCM (4470)

TD•Toronto, ON

1d•CA$96,900 - CA$136,800•Onsite

About The Position

Reporting to the Senior Manager, FCRM Regulatory Compliance Management, the Specialist supports the ongoing development, implementation and maintenance of the regulatory compliance management (RCM) program in FCRM, which is based upon OSFI's E-13 Guideline. The Specialist also supports a diverse governance and control function, ensuring an integrated approach with other business governance and control areas, the broader organization, and enterprise control functions.

Requirements

Undergraduate degree or equivalent work experience.
7+ years experience.
Strong experience and knowledge in OSFI E-13 RCM program in a financial institution.
Strong risk, controls, and governance experience.
Proven background in risk management, particularly in understanding the development and implementation of risk initiatives, and providing oversight (Example: Regulatory Compliance Management, and Operational Risk Management, etc.).
Proven leadership skills, demonstrating the ability to act as a catalyst for change.
Strong collaborator who engages colleagues, business partners, external stakeholders, and employees.
Strong presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with all levels, including senior management.
Skillful communication (written and verbal), negotiation and partnership skills to balance stakeholder input but remain objective to reach the right outcome - ability to stay resilient under pressure.
Robust organizational skills with the ability to work in a fast-paced environment and manage multiple deadlines and priorities.
Excellent analytical skills in assessing risk, issues and challenging the status quo.
Comfortable navigating a space that is not well defined, ambiguous, and complex at times.

Responsibilities

Lead development of team procedures and governance processes and advise FCRM stakeholders and teams of changes and enhancements to enterprise FCRM programs and requirements and where they may impact in the organization.
Work with FCRM partners and other related groups (such as Compliance, Legal and Risk etc.) to support creation of documentation and reports required by external regulatory bodies and TD internal groups.
Conduct research, assess FCRM risks and controls, and otherwise contribute to a specialized team of FCRM compliance professionals, interacting with key stakeholders.
Provide governance oversight through management of the policy and training exemption governance and reporting processes to the FCRM Senior Executive Team (and related FCRM Sub-Committees).
Prepare summaries, presentations, briefing notes, and any other required documentation to effectively report on the status of the FCRM program.
Represent FCRM as a specialist on internal or external committees as well as on enterprise-wide Regulatory Change Management initiatives, as required.
Deliver relevant subject matter expertise and FCRM advice to business / FCRM partners.
Interact with control functions within the organization.
Develop and deliver training programs for applicable employees across the Bank.
Conduct meaningful research, analysis, and assessment of FCRM program activities at the functional level using results to draw conclusions, make recommendations, assess the effectiveness of enterprise FCRM programs.
Prepare research, analysis, update tools and/or support training activities specific to risk assessment.
Lead development of processes, procedures and guidance relevant to own specific FCRM function of expertise.
Provide high quality service and advice to key business (FCRM) partners and monitor progress of initiatives, action plans, or similar activities.
Protect the interests of the organization – identify and manage risks, and ensure the prompt and thorough resolution of escalated non-standard, high-risk issues.
Lead new or revised product initiatives, advise businesses on FCRM compliance requirements and ensure that those requirements are properly written into requirements for business projects.
Participate in FCRM level projects as needed, to facilitate and oversee changes to FCRM processes, systems, or practices.
Coordinate with other FCRM partners and business compliance partners to ensure consistency in the application of FCRM programs and standards across the enterprise.
Ensure relevant FCRM programs align with TD corporate philosophy and strategic direction.
Monitor FCRM industry developments and maintain strong knowledge of evolving regulatory requirements and assess potential impacts.
Proactively identify key business opportunities, research and recommend enhancements / modifications, develop strategies to achieve recommendations.
Lead relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements.
Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk/ provide guidance for complex situations.
Comply with applicable internal and external audit and regulatory requirements and may actively provide support during Audit and Regulatory Reviews, providing recommendations and guidance as required.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participate in responding to periodic exams/audits by regulatory bodies and Internal Audit, to determine level of BSA/FCRM compliance.
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 unit.
Share knowledge of the business, related tools and techniques.
Lead or 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 assisting others in the completion and performance of work activities, providing 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 the function and the bank, both internally and/or externally.