Senior Financial Crime Risk Business Oversight Analyst (4771)

TD•Toronto, ON

1d•Onsite

About The Position

The portfolio this role will be supporting is focused on TD Auto Finance as well as Business Credit Cards (in addition to broader Canadian Business Banking). The role involves providing guidance on day-to-day AML/ATF/Sanctions/ABAC matters, conducting research and analysis, assisting in policy development, and facilitating risk assessments. It also includes handling escalated matters, preparing management reporting, and presenting opinions on the adequacy of AML/ATF/Sanctions/ABAC processes and controls. The role requires analyzing risk exposure, responding to regulatory requests, and staying current on industry trends and regulatory requirements. It also involves coordinating with other AML/ATF/Sanctions/ABAC partners to ensure enterprise-wide consistency and protecting the organization's interests by managing risks and escalating issues. The role provides basic guidance and direction to business and FCRM partners, and requires expertise in AML/ATF/Sanctions/ABAC disciplines. It involves providing advanced analysis and specialized reporting, offering AML/ATF/Sanctions/ABAC advice as an FCRM representative on projects, and understanding the industry, competition, and organizational differentiators. The role leads projects of moderate to complex risks, acts as a contact for business management and auditors, recommends and implements solutions, and coordinates work with other areas as needed. It identifies and leads problem resolution for complex requirements-related issues at all levels and generally reports to a Senior Manager.

Requirements

Undergraduate degree or equivalent work experience
5+ years experience

Responsibilities

Provide guidance on day-to-day AML/ATF/ Sanctions/ABAC matters affecting the business based on regulatory compliance requirements and industry best practice, including, but not limited to, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing
Provide/Execute skilled AML/ATF/ Sanctions/ABAC research, risk assessment, reporting and/or analytical support in a timely manner
Assist/Partner in the development and implementation of appropriate AML/ATF/ Sanctions/ABAC policies, processes, and controls
Support the facilitation of periodic AML/ATF/ Sanctions/ABAC risk and self-assessment activities for designated business using TD’s enterprise AML/ATF/ Sanctions/ABAC risk assessment framework
Ensure that assessments (monitoring, risk assessment etc.) are completed and communicated in a dynamic and timely fashion
Handle matters escalated for the identification of suspicious activity, or identified through the Enhanced Due Diligence process in accordance with established processes and protocols, and assist in ensuring that the business takes appropriate steps to address those activities and customers
Work collaboratively with business and control partners within the organization
Prepare and deliver management reporting necessary to ensure accurate and thorough measurement of the risk factors present in various products
Proactively identify matters which require additional attention and present objective and independent opinion on the adequacy of AML/ATF/ Sanctions/ABAC processes and controls and opportunities to enhance those controls
Present objective and independent opinions on the adequacy of AML/ATF/ Sanctions/ABAC processes and controls in accordance with regulatory and internal requirements, and liaise with the appropriate FCRM and business partners to resolve
Review and provide feedback on business line policies and procedures
Analyze AML/ATF/ Sanctions/ABAC compliance requirements and ensure they are properly written into requirements for business projects and approved at the appropriate levels
Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate
Analyze risk exposure characteristics for assigned portfolio in accordance with established processes or procedures, making recommendations for enhancements or changes based on changes in the regulatory environment or business processes
Work with business management, and with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations
Keep current on emerging issues, trends, and evolving regulatory requirements in the AML/ATF/ Sanctions/ABAC industry and assess potential impacts
Coordinate with other AML/ATF/ Sanctions/ABAC partners and business compliance partners to ensure consistency in the application of AML/ATF/ Sanctions/ABAC programs and standards across the enterprise
Protect the interests of the organization – identify and manage risks, and ensure the prompt analysis and escalation of non-standard, high-risk issues, monitoring to thorough resolution
Acquire and apply expertise in the AML/ATF/ Sanctions/ABAC disciplines, providing basic guidance and direction to business and other FCRM partners
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
Participate in personal performance management and development activities, including cross training within own team
Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive, and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
Provide advanced analysis and/or specialized reporting to support business partners, functional areas, or centres of expertise
Provide AML/ATF/ Sanctions/ABAC advice to a business as FCRM representative on a straightforward project or change initiative
Integrate the broader organizational context into advice and solutions within the AML/ATF/ Sanctions/ABAC area
Understand the industry, competition and the factors that differentiate the organization
Lead projects of moderately to complex risks and resource requirements; may lead end-to-end processes or functional programs
Contact for business management, external/internal auditors, dealing with non-routine information
Recommend and implement solutions within own area of responsibility
May need to coordinate / integrate work with other areas as needed
Identify and lead problem resolution for complex requirements related issues at all levels