Senior Financial Crime Risk Oversight Analyst (2066)

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Financial Crime Risk Management

Pay Details:
$76,800 - $115,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Job description summary:

We are seeking a detail-oriented and analytical professional to join as Senior Analyst, Business Oversight, within TD Securities, Financial Crime Risk Management Oversight function. The incumbent is responsible for conducting monitoring and testing, performing risk assessments for third-party vendor relationships, and ensuring compliance with external and internal AML/ATF, Sanctions, and ABAC standards. Among other responsibilities, the incumbent is also involved in the development and enhancement of processes and procedures to strengthen risk management framework.

The ideal candidate will have a strong understanding of risk management principles, excellent analytical and communication skills, and experience in producing and delivering high-quality reports for executive audiences. This role is critical to maintaining effective controls and ensuring operational integrity across the organization.

KEY ACCOUNTABILITIES

• Champion the Third-Party Risk Management (TPRM) process by providing effective AML risk review and challenge of vendor relationships.
• Develop and enhance the AML risk assessment process for TPRM, including governance, processes, procedures, and reporting tools.
• Carry out effective Quality Assurance testing for the operational and design effectiveness of processes and controls utilized by assessable units, including within the FCRM function.
• Support the creation of the FCRM Oversight testing plan, including the determination of assessable units, testing engagements, and obtaining necessary approvals.
• Execute on end-to-end testing engagements with high attention to detail for adherence to prescribed policies and procedures.
• Apply knowledge of capital markets, fixed income, currencies and commodities, and equities products for effective quality assurance testing of transaction monitoring alerts adjudication.
• Possess knowledge red flag indicators for unusual activity for various products and services offered by the organization.
• Analyze results of testing for areas of improvement and non-compliance.
• Prepare reports for testing engagements containing detailed analysis of results, assigning a rating per the testing methodology.
• Review processes for assessable units to provide insight and recommendations for improving their effectiveness and adherence to Policies and Standards.
• Identify the root cause of issues and support the development of action plans for remediation.
• Track issues to completion, ensuring corrective actions are taken as necessary.
• Ensure testing engagements are completed within the timelines governed by the annual testing plan.
• Prepare and deliver reports and memoranda to executive audiences, often coordinating with multiple stakeholders and senior leadership.
• Maintain effective governance procedures for the preparation of reports, including sources for KRIs, records retention, and obtaining approvals.
• 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 stakeholders to resolve.

SHAREHOLDER

• Provide feedback and effective challenge on business line policies and procedures and make recommendations for enhancements based on changes to regulatory requirements or business processes.
• Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality, escalating issues where appropriate.
• Work with internal and external business partners (e.g., Internal Audit, external consultants) to respond to regulatory requests, findings, audits and/or examinations.
• Stay up to date on current on emerging issues, trends, and evolving regulatory requirements in the AML/ATF/ Sanctions/ABAC industry and assesses 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 business oversight partners.

EMPLOYEE / TEAM

• Contribute to the success of the TD Securities Business oversight team by promoting a positive and inclusive work environment.
• Foster strong relationships with stakeholders across lines of business and support functions, providing high-quality service and timely execution of responsibilities within established SLAs.
• Demonstrate eagerness to learn and grow within the Business Oversight function by participating in professional development and training opportunities.
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

BREADTH & DEPTH

• Maintain knowledge/expertise on a broad range of subject areas related to the job function and industry standards.
• Provide advice and guidance for moderately complex projects with continued support from stakeholders and management and act as a point of contact for non-routine information.
• Recommend and implement solutions within own area of responsibility and actively seek out ways to improve collaboration with other work areas as needed.
• Generally, report to a Senior Manager

EXPERIENCE & EDUCATION

• Knowledge of capital market products considered an asset.
• Undergraduate Degree
• Advanced degree, professional accreditation, and/or 5+ years relevant industry experience
• CAMS designation considered an asset

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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 (Quebec only):
Sans Objet