Monitoring Coverage & Capabilities Issue and Exam Management Financial Crime Risk Specialist – TDS US

TD•Mount Laurel Township, NJ

2d•Onsite

About The Position

U.S. Financial Crime Risk Management Monitoring Coverage & Capabilities (MCC) Issue and Exam Management plays a critical role in supporting the organization's compliance with regulatory requirements, specifically regarding the detection of money laundering risks. This position acts as a central point of coordination to comprehensively manage audits, regulatory examinations, and other internal or external reviews related to TD Securities AML transaction monitoring. This individual will also promote timely and accurate responses to requests for information (RFIs) from examiners and auditors; coordinate with subject matter experts to develop and credibly challenge responses to RFIs; and support the lifecycle (i.e., issuance through to closure) of issues from internal and external reviews as well as self-identified issues. The Financial Crime Risk Specialist role develops and maintains TD’s AML/ATF/Sanctions/ABAC programs, including frameworks, methodologies, policies, standards, procedures, awareness and specialized training, monitoring, management reporting and/or escalation of issues. This role conducts periodic and event driven reviews of customers, including targeted reviews to assess risks. Additionally, this role supports management in delivery of initiatives related to risk assessment, internal/external exam support, etc. This is a highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas. It involves integrating knowledge of the sub-functions overarching strategy in developing solutions across multiple functions or operations, interpreting internal / external business challenges and the industry environment, recommending course of action and best practices to improve products, processes or services. The role acts as a technical expert / lead integrating cross-function understanding within their own field of specialty, leading cross-functional teams or projects with significant resource requirements, risk and/or complexity. The individual independently manages end-to-end functional programs, solves or may lead others to solve complex problems, and leads efforts or partners with others to develop new solutions. The role uses sophisticated analytical thought to exercise judgement and identify solutions, impacting the achievement of sub-function or business line objectives within the area of accountability. Work is guided by policies and industry standards/methods, and involves communicating difficult concepts, converting information to compelling business context and advice, and influencing and gaining alignment across increasingly senior stakeholders. The role works autonomously as the lead and guides others within area of expertise.

Requirements

Undergraduate degree or equivalent work experience
7+ years experience

Nice To Haves

Bachelor's degree and 5+ years of relevant experience (in lieu of an undergraduate degree and 7+ years of experience)
Minimum of 2+ years of experience in Markets and Securities
CAMS Certified
Investment Banking/Markets Product experience preferred
Consistently demonstrates clear and concise written and verbal communication skills
Ability to work independently to proactively identify and analyze issues and provide credible challenge, yet work collaboratively to support subject matter experts from a risk management perspective
Prior Risk Management or Issue Management experience preferred

Responsibilities

Leads the development of team procedures and governance processes and advises FCRM stakeholders and teams of changes and enhancements to enterprise FCRM programs and requirements and where they may impact in the organization.
Works 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.
Conducts research, assesses FCRM risks and controls, and otherwise contributes to a specialized team of FCRM compliance professionals, interacting with key stakeholders.
Provides 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).
Prepares summaries, presentations, briefing notes, and any other required documentation to effectively report on the status of the FCRM program.
Represents FCRM as a specialist on internal or external committees as well as on enterprise-wide Regulatory Change Management initiatives, as required.
Delivers relevant subject matter expertise and FCRM advice to business / FCRM partners.
Interacts with control functions within the organization.
Develops and delivers training programs for applicable employees across the Bank.
Conducts 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.
Prepares research, analysis, updates tools and/or supports training activities specific to risk assessment.
Leads development of processes, procedures and guidance relevant to own specific FCRM function of expertise.
Provides high quality service and advice to key business (FCRM) partners and monitors progress of initiatives, action plans, or similar activities.
Protects the interests of the organization – identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues.
Leads new or revised product initiatives, advises businesses on FCRM compliance requirements and ensures that those requirements are properly written into requirements for business projects.
Participates in FCRM level projects as needed, to facilitate and oversee changes to FCRM processes, systems, or practices.
Coordinates with other FCRM partners and business compliance partners to ensure consistency in the application of FCRM programs and standards across the enterprise.
Ensures relevant FCRM programs align with TD corporate philosophy and strategic direction.
Monitors FCRM industry developments and maintains strong knowledge of evolving regulatory requirements and assesses potential impacts.
Proactively identifies key business opportunities, researches and recommends enhancements / modifications, develops strategies to achieve recommendations.
Leads relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements.
Leads or contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk/ provide guidance for complex situations.
Complies 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.
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participates in responding to periodic exams/audits by regulatory bodies and Internal Audit, to determine level of BSA/FCRM compliance.
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure 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 unit.
Shares knowledge of the business, related tools and techniques.
Leads or participates in personal performance management and development activities, including cross training within own team.
Keeps 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.
Contributes to the success of the team by assisting others in the completion and performance of work activities, provides coaching and/or guidance as appropriate.
Contributes to a fair, positive and equitable environment that supports a diverse workforce.
Acts as a brand champion for the 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
Regular development conversations
Training programs
Competitive benefits plan
Access to an online learning platform
Variety of mentoring programs