Senior Manager, AML Financial Crime Risk Management

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Senior Manager, AML Financial Crime Risk Management

Apply remote type Hybrid locations Toronto, Ontario time type Full time posted on Posted 2 Days Ago time left to apply End Date: October 4, 2024 (12 days left to apply) job requisition id R_1369564

Work Location:

Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Job Description

The Senior Manager, Specialized Financial Crimes Risk Management , position reports directly to the Associate Vice President, Financial Crimes Risk Management (FCRM) , Risk Assessment (RA), and supports the Enterprise RA Team with methodology execution, relationship management, technology, and program enhancement accountabilities. The Senior Manager, Specialized Financial Crimes Risk Management , is responsible for providing oversight and support for the Money Laundering (ML), Terrorist Financing (TF), Sanctions, and Anti-Bribery/ Anti-Corruption (ABAC) RA across TD Bank Group (TDBG). In addition, the Senior Manager, Specialized Financial Crimes Risk Management , is responsible for contributing specialized expertise towards the development and deployment of the overall ML-TF, Sanctions, and ABAC processes across TDBG.

Roles and Responsibilities

• This position provides marked support to the Associate Vice President, Financial Crimes Risk Management , RA, and leads, develops and oversees the work of a dynamic team of professionals who oversee and execute the risk assessment methodologies across the TDBG.
• Work autonomously as the leader of the team and assist with development and approval of procedures in coordination with leadership team and colleagues; and promote and monitor staff adherence to approved internal AML policies, procedures, standards and guidelines, etc. 
• Interact routinely with and manage relationships with FCRM teams/ areas, and RA management and staff, in the evaluation, development, deployment, and support of the ML-TF, Sanctions, and ABAC RA processes, including acting as the ad-hoc problem resolution contact for these stakeholders.
• Represent Enterprise RA on projects/initiatives, as required, in the context of the RA methodology/process, as assigned.
• Supports review and feedback of the enterprise-wide risk assessment methodologies, as assigned.
• Provide standardized requirements and format to the Advisory teams for business-generated data and support the collection and distribution of centralized data. Support data strategies to produce results based on consistent, reproducible data with clear data lineage.
• Support quality assurance and control activities within the Enterprise RA Team as well as quality assurance and control exercises completed for the RA cycle. This can include running analytic-based quality assurance and control checks on submitted data.
• Support the Enterprise RA Team in reporting responsibilities, including development of reports, data extraction, transformation, and analysis, as well as maintain shared repositories of supporting documentation.
• Support the Associate Vice President, Financial Crimes Risk Management , RA, to ensure the enterprise-wide ML-TF, Sanctions, and ABAC RA program is effective, consistently deployed and maintained, and understand risk identification, analysis and mitigation according to the regulatory requirements and best business practices.
• Support the Enterprise RA Team in regulatory examinations and external/internal audits with respect to requests for information, reviewing, packaging, submitting information to the requesting party.
• Work with the Enterprise RA Team to refine processes and active involvement in the recalibration process.
• Monitor ML-TF, Sanctions, and ABAC industry developments and maintain knowledge of new and amended ML-TF, Sanctions, and ABAC laws and regulations pertaining to RA.
• Escalate issues/challenges by the Enterprise RA Team, FCRM Teams, Global Sanctions & ABAC Centre of Excellence, and respective staff and report them in a timely manner to management.
• Contribute to a positive, ethical, respectful, inclusive working environment and communicate openly with others.
• Participate in / support enterprise-wide or FCRM-focused projects, as needed.
• Support the review and update of the methodologies – maintain repository of feedback and prepare for executive review.
• Draft and facilitate stakeholder communications, reporting, training and presentations to stakeholders, as needed.
• Support integration of new acquisitions into the FCRM RA process.
• Support Associate Vice President, Financial Crimes Risk Management , RA, in growing the team's expertise to align with enterprise demand and direction by sharing knowledge, information, skills, and subject matter expertise.
• Support Associate Vice President, Financial Crimes Risk Management , RA, in fostering a cohesive team and the promotion of a positive work environment.
• Serve as primary escalation point for significant matters/exceptions. Identify and implement risk mitigation strategies for findings from risk assessment, audit findings, regulatory exams, potential violations of law, etc
• Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes. Proactively identify matters that require additional attention, a change in status, or further escalation or review, and liaise with the appropriate partner to rectify same.
• Act as a brand ambassador for RA, FCRM and the bank, both internally and/or externally, as needed.
• Other duties, as assigned.

Job Requirements Qualifications/Skills:

• Undergraduate degree or progressive work experience (10+ years relevant experience).
• ACAMS certification is considered an asset.
• Work experience in a second line compliance / risk management function is considered an asset.
• Expert understanding of ML-TF, Sanctions, and ABAC RA best practices is considered an asset.
• Broad understanding of global best practices and global AML-TF, Sanctions, and ABAC regimes and emerging trends.
• Strong proficiency with MS Office (e.g., Excel, PowerPoint, Teams, and Word).
• Strong analytical and organizational skills; ability to organize and bring to order data and information, drawing conclusions and making appropriate recommendations.
• Strong communication skills with the ability to synthesize information, distill and communicate complex information (written and oral), adapting to the needs of the audience (including executives and stakeholders) draft reports, procedures, presentations, and business correspondence, as well as present information and respond to questions/requests for information from peers, senior management, and business groups within and across FCRM.
• Strong interpersonal skills and ability to work in a cross-functional team environment to assist with the interaction of RA stakeholders for the execution of the TDBG’s overall ML-TF, Sanctions, and ABAC RA program.
• Flexible with the ability to adapt to change and take initiative to complete job requirements while balancing competing workload requirements.
• Strong ability to work independently, apply critical thinking, and to exercise sound judgement in making decisions and escalating, as appropriate.
• Ability to work in a fast-paced, deadline focused environment and manage deadlines while multi-tasking between different projects.
• Ability to challenge and influence others' actions and decisions without express authority.
• Ability to handle confidential information with discretion.
• Excellent attention to detail.
• Ability to identify, recommend and implement process improvements and/or automation opportunities to enhance the productivity and operational efficiency of the team. 
• Organized, self starter with a high degree of personal initiative and integrity. 
• Well-developed project management, interpersonal, and problem-solving skills with a proven ability to lead, develop, coordinate, and implement projects plans and activities to completion.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.