FCRM BSA/AML Risk Assessment Quality Assurance- Senior Analyst

Work Location:

United States of America

Hours:

40

Pay Details:

$33.00 – $54.00 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidates skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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.

Line of Business:

Financial Crime Risk Management

Job Description:

Department Overview:

The Financial Crime Risk Management (FCRM) BSA/AML Risk Assessment Quality Assurance (QA) Senior Analyst is responsible for the execution of the QA program as directed by QA Management in line with the standards set forth by the Head of FCRM Quality Assurance. To be successful in this role, a candidate should possess strong knowledge/understanding of BSA/AML Risk Assessment process, including one or more of its components (e.g. Inherent Risk & Controls Assessment, Residual Risk), a challenge mindset, and good interpersonal and communication skills.

The above details are specific to the role which is outlined in the general description below.

Job Description:

The Senior AML Financial Crime Risk Analyst role contributes to the development and maintenance of 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.

Depth & Scope:

Works independently as the senior analyst / subject matter expert and may coach and educate others

Oversees and/or independently performs tasks from end-to-end

Applies expert knowledge of business operations, products, services, methods and operating standards to drive unit or team performance

Executes on more complex and/or non-standard requests

Researches and investigates a range of operational / reporting / process issues

Recommends and implements solutions within own area of responsibility

May need to coordinate / integrate work with other areas as needed

Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centres of expertise

Requires advanced technical / business / function knowledge for discipline supported

High level of complexity in operational / reporting / process and/or analysis function requiring medium to longer term focus

Represents the group as the lead or subject matter expert on projects / initiatives and/or at meetings across the organization

Education & Experience:

Undergraduate Degree or equivalent professional work experience

5 years of experience

Preferred Skills:

2 years experience working in a challenge or advisory function (e.g., Internal Audit, ORM, Risk Oversight) within the financial services industry.

Skilled knowledge and familiarity with BSA/AML, OFAC Sanctions Regulatory requirements, with particular focus on the Risk Assessment process

Strong analytical skills, multi-tasking, working against tight deadlines, and active hands-on management of work

Challenge mindset and attention to detail to complex issues

Customer Accountabilities:

Contributes to the development of team procedures and governance processes and advises GAML stakeholders and teams of changes and enhancements to enterprise AML programs and requirements and where they may impact in the organization.

Works with GAML 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 AML risks and controls, and otherwise contributes to a specialized team of AML compliance professionals, interacting with key stakeholders

Provides governance oversight through management of the policy and training exemption governance and reporting processes to the GAML Senior Executive Team (and related AML Sub-Committees)

Assists GAML team members in the use of Issues and Events system for tracking and reporting

Prepares summaries, presentations, briefing notes, and any other required documentation to effectively report on the status of the AML program

Delivers relevant subject matter expertise and AML advice to business / GAML 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 AML program activities at the functional level using results to draw conclusions, make recommendations, assess the effectiveness of enterprise AML programs

Prepares research, analysis, updates tools and/or supports training activities specific to risk assessment

Contributes to the development of processes, procedures and guidance relevant to own specific GAML function of expertise

Shareholder Accountabilities:

Prioritizes and manages own workload to meet SLA requirements for service and productivity

Provides high quality service and advice to key business (GAML) 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

Delivers relevant subject matter expertise and AML advice to business (GAML) partners

Participates as assigned in new or revised product initiatives, advises businesses on AML compliance requirements and ensures that those requirements are properly written into requirements for business projects

Participates in GAML level projects as needed, to facilitate and oversee changes to AML processes, systems, or practices

Coordinates with other AML partners and business compliance partners to ensure consistency in the application of AML programs and standards across the enterprise

Ensures relevant AML programs align with TD corporate philosophy and strategic direction

Monitors AML industry developments and maintains strong knowledge of evolving regulatory requirements and assesses potential impacts

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/AML compliance

Contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations

Employee/Team Accountabilities:

Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues / points of interest

Shares industry knowledge for own area of expertise and participates in knowledge transfer within the team and function

Grows knowledge of the business, related tools and techniques

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 willingly assisting others in the completion and performance of work activities, providing 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

Who We Are:

TD is one of the worlds 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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition. Learn more (http://hrportal.ehr.com/tdtotalrewards)

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

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.