Manager, AML Financial Crime Risk Management

Manager, AML Financial Crime Risk Management page is loaded Manager, AML Financial Crime Risk Management Apply remote type Hybrid locations TD Centre - South - 79 Wellington Street West time type Full time posted on Posted 2 Days Ago job requisition id R_1353275

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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:

L10 - Manager, AML Financial Crime Risk Management

Job Description

The Manager, AML Financial Crime Risk Management, position reports directly to the Senior Manager, Specialized Financial Crimes Risk Management, and supports the Enterprise Risk Assessment Team with their technology, methodology execution, and relationship management accountabilities. The Manager, AML Financial Crime Risk Management, is responsible for establishing and actively maintaining the technology used for the enterprise-wide Money Laundering (ML), Terrorist Financing (TF), Anti-Bribery/ Anti-Corruption (ABAC), and Sanctions Risk Assessment program and framework in accordance with regulatory and internal requirements, and for providing oversight and support for ML-TF, ABAC, and Sanctions risk assessments for units/ entities across TD Bank Group (TDBG). In addition, the Manager, AML Financial Crime Risk Management, is responsible for contributing specialized expertise towards the development, deployment, and support of the overall ML-TF, ABAC, and Sanctions risk assessment processes across TDBG.

Roles and Responsibilities

• Support management with End User Computing (EUCs) databases used to drive risk assessments, including: development and ongoing administration and maintenance of the tools (e.g., reconfiguration, access management, problem resolution); technical testing; documentation of procedures or manuals; creating and delivering training to support change management activities. Manage the relationship with relevant teams to ensure technology compliance of databases developed to TD EUC, regulatory, and Internal Audit requirements.
• Document requirements for ML-TF, ABAC, and Sanctions risk assessment tools and tool strategy, as assigned.
• Interact routinely with and manage relationships with AML teams/ areas, and risk assessment management and staff, in the evaluation, development, deployment, and support of the ML-TF, ABAC, and Sanctions risk assessment processes, including acting as the ad-hoc problem resolution contact for these stakeholders.
• 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.
• Supports the quality assurance (QA) and quality control (QC) within the Enterprise Risk Assessment Team as well as QA and QC completed for the risk assessment cycle. This can include running analytic-based QC checks on submitted data.
• Support Enterprise Risk Assessment Team in reporting responsibilities, including development of reports, data extraction, transformation, and analysis, as well as maintain shared repositories of supporting documentation.
• Support the Senior Manager, Specialized Financial Crimes Risk Management, to ensure the enterprise-wide ML-TF, ABAC, and Sanctions risk assessment program is effective, consistently deployed and maintained, and understand risk identification, risk analysis and risk mitigation according to the regulatory requirements and best business practices.
• Work with the Enterprise Risk Assessment Team to refine processes and active involvement in the recalibration process.
• Monitor ML-TF, ABAC, and Sanctions industry developments and maintain knowledge of new and amended ML-TF, ABAC, and Sanctions laws and regulations pertaining to risk assessments.
• Escalate issues/challenges by the Enterprise Risk Assessment Team, AML 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.
• This position provides marked support to the Senior Manager, Specialized Financial Crimes Risk Management, and may coach and guide other Enterprise Risk Assessment Team members.
• Participate in / support enterprise-wide or AML focused projects, as needed.
• Represent Enterprise Risk Assessment on projects/initiatives, as required, in the context of the risk assessment methodology/process, as assigned.
• Support the Enterprise Risk Assessment Team in regulatory examinations and external/internal audits with respect to request for information, reviewing, packaging, submitting information to the requesting party.
• Support the review and update of the methodologies – maintain repository of feedback and prepare for executive review.
• Draft and facilitate stakeholder communications, reporting and presentations (e.g., AML Risk Assessment Working Group and training sessions).
• Support integration of new acquisitions into the AML Risk Assessment process.
• Support Senior Manager, Specialized Financial Crimes Risk Management, in growing the team's expertise to align with enterprise demand and direction by sharing knowledge, information, skills, and subject matter expertise.
• Support Senior Manager, Specialized Financial Crimes Risk Management, in fostering a cohesive team and the promotion of a positive work environment.
• 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 risk assessment, AML and the bank, both internally and/or externally, as needed.
• Other duties, as assigned.

Job Requirements

Qualifications/Skills:

• Undergraduate degree or progressive work experience (7+ years relevant experience).
• ACAMS certification is considered an asset.
• Work experience in a second line compliance / risk management function is considered an asset.
• A deep understanding of ML-TF, ABAC, and Sanctions risk assessment (customer, product, geography, delivery channels) best practices is considered an asset.
• Broad understanding of global best practices and global AML-TF, ABAC, and Sanctions 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 AML.
• Good interpersonal skills and ability to work in a cross-functional team environment to assist with the interaction of risk assessment stakeholders for the execution of the TDBG’s overall ML-TF, ABAC, and Sanctions risk assessment program.
• Flexible with the ability to adapt to change and take initiative to complete job requirements while balancing competing workload requirements.
• Strong process improvement and development skills to automate and refine manual processes.
• 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 and recommend 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:

Our Values
At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care. No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture.

Our Commitment to Diversity, Equity, and Inclusion
At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported. We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve.

Helping to Make an Impact in Communities – TD Ready Commitment
TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future. That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health. It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more: Canada | US | Europe & Asia Pacific