Senior Analyst, AML Risk Assessment

Department Overview:

Pick up a newspaper, turn on the TV or stream a video and the topic of financial crime is everywhere, because it is a threat across the world.

At TD Financial Crime Risk Management, we're committed to detecting and deterring anyone from using TD products or services for money laundering (ML), terrorist financing (TF), bribery, corruption, of sanctions evasion activity. Our dedication is upheld and deployed through four key team functions - Policy, Testing, Advisory and Operations - that together build our Financial Crime Risk Management (FCRM) Program and professional community.

If you want to be a brand ambassador who can help drive efficiencies for TD, then join our team and make an impactful contribution.

Job Description:

The Senior Analyst, FCRM Risk Assessment, position reports directly to the Manager, FCRM Risk Assessment, and supports the FCRM Risk Assessment team with their technology, methodology execution, and relationship management accountabilities. The Senior Analyst, FCRM Risk Assessment, is responsible for supporting and maintaining the technology used for the enterprise-wide ML- TF, Anti-Bribery/ Anti-Corruption (ABAC), and Sanctions Risk Assessment program and framework in accordance with regulatory/internal requirements and industry expectations, 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 Senior Analyst, FCRM Risk Assessment, 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 documentation of procedures or manuals; creating and delivering training to support change management activities.
• Managing the relationship with relevant stakeholders to ensure compliance with regulatory, and Internal Audit requirements.
• Interact routinely with FCRM 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.
• Share standardized requirements and format with the Advisory teams for business-generated data and support the collection 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) activities within the FCRM Risk Assessment team/cycle. This can include running analytic-based QC checks on submitted data.
• Support the FCRM 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 Manager, FCRM Risk Assessment, 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 FCRM Risk Assessment team to refine processes and be actively involved 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 FCRM Teams, Global Sanctions & ABAC Centre of Excellence and respective staff and report them in a timely manner to management.

Job Requirements:

• Undergraduate degree or progressive work experience (5+ years relevant experience).
• ACAMS certification is considered an asset.
• Work experience in a second line compliance / risk management function is considered an asset.
• An understanding of ML-TF, ABAC, and Sanctions Risk Assessment (customer, product, geography, delivery channels) best practices is considered an asset.
• Understanding of global best practices and global AML-TF, ABAC, and Sanctions regimes and emerging trends.
• Proficiency with MS Office (e.g., Excel, Power BI, 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.
• 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.
• Ability to work independently, apply critical thinking, and 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.
• Project management, interpersonal, and problem-solving skills with a proven ability to develop, coordinate, and implement projects plans and activities to completion.

Additional Information:

• Contribute to a positive, ethical, respectful, inclusive working environment and communicate openly with others.
• This position provides marked support to the Manager, FCRM Risk Assessment, and may coach and guide other FCRM Risk Assessment team members.
• Participate in / support enterprise wide or FCRM focused projects, as needed.
• Represent FCRM Risk Assessment on projects/initiatives, as required, in the context of the Risk Assessment methodology/process, as assigned.
• Support the FCRM 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., FCRM Risk Assessment Working Group and training sessions).
• Support integration of new acquisitions into the FCRM Risk Assessment process.
• Support Manager, FCRM Risk Assessment in growing the team's expertise to align with enterprise demand and direction by sharing knowledge, information, skills, and subject matter expertise.
• Support Manager, FCRM Risk Assessment, in fostering a cohesive team and the promotion of a positive work environment.
• Support an environment where the FCRM Risk Assessment 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, FCRM and the bank, both internally and/or externally, as needed.
• Other duties, as assigned.