Financial Crime Risk Specialist Audit Coordination

Job description

**Work Location:**

New York, New York, United States of America

**Hours:**

40

**Pay Details:**

$86,840 - $139,360 USD

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.

**Line of Business:**

Financial Crime Risk Management
**Job Description:**

The Financial Crime Risk Specialist role develops and maintains 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.

The FCRM Audit Oversight team oversees engagements with the internal audit teams in the FCRM space.

Our remit is to ensure a well-organized, consistent, and effective preparation, organization, and response process related to audit activities.

We operate as the central point of coordination for internal audit engagements by facilitating preparation, communication, tracking deliverables, and helping to ensure timely and accurate responses from the business.

The team works in close partnership with the FCRM organization and Regulatory Program Management (RPM) team to ensure strong governance, transparency, and readiness across all engagements.

We serve as a liaison between the business, compliance legal and oversight functions reducing risk and promoting accountability in how the organization responds to both internal and external reviews.

**Depth & Scope:**

+ Highly seasoned professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
+ Integrates knowledge of the sub-functions overarching strategy in developing solutions across multiple functions or operations
+ Interprets internal / external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
+ Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty
+ Leads cross-functional teams or projects with significant resource requirements, risk and/or complexity
+ Independently manages end-to-end functional programs
+ Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
+ Uses sophisticated analytical thought to exercise judgement and identify solutions
+ Impacts the achievement of sub-function or business line objectives within the area they are accountable for
+ Work is guided by policies and industry standards/methods
+ Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
+ Works autonomously as the lead and guides others within area of expertise

**Education & Experience:**

+ Undergraduate degree or equivalent work experience
+ 7+ years experience

**Preferred Skills:**

+ 3 years of AML experience including KYC transaction monitoring and governance
+ Experience in Audit Coordination and Regulatory Exam preferred
+ Proven experience in a multi tasking environment

**Customer Accountabilities:**

+ Leads the development of team procedures and governance processes and advises FCRM stakeholders and teams of changes and enhancements to enterprise FCRM programs and requirements and where they may impact in the organization.
+ Works with FCRM 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 FCRM risks and controls, and otherwise contributes to a specialized team of FCRM compliance professionals, interacting with key stakeholders
+ Provides governance oversight through management of the policy and training exemption governance and reporting processes to the FCRM Senior Executive Team (and related FCRM Sub-Committees)
+ Prepares summaries, presentations, briefing notes, and any other required documentation to effectively report on the status of the FCRM program
+ Represents FCRM as a specialist on internal or external committees as well as on enterprise-wide Regulatory Change Management initiatives, as required
+ Delivers relevant subject matter expertise and FCRM advice to business / FCRM 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 FCRM program activities at the functional level using results to draw conclusions, make recommendations, assess the effectiveness of enterprise FCRM programs
+ Prepares research, analysis, updates tools and/or supports training activities specific to risk assessment
+ Leads development of processes, procedures and guidance relevant to own specific FCRM function of expertise

**Shareholder Accountabilities:**

+ Provides high quality service and advice to key business (FCRM) 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 FCRM advice to business (FCRM) partners
+ Leads new or revised product initiatives, advises businesses on FCRM compliance requirements and ensures that those requirements are properly written into requirements for business projects
+ Participates in FCRM level projects as needed, to facilitate and oversee changes to FCRM processes, systems, or practices
+ Coordinates with other FCRM partners and business compliance partners to ensure consistency in the application of FCRM programs and standards across the enterprise
+ Ensures relevant FCRM programs align with TD corporate philosophy and strategic direction
+ Monitors FCRM industry developments and maintains strong knowledge of evolving regulatory requirements and assesses potential impacts
+ Proactively identifies key business opportunities, researches and recommends enhancements / modifications, develops strategies to achieve recommendations
+ Leads relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
+ Leads or 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/FCRM compliance

**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 ensure timely communication of issues / points of interest
+ Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
+ Shares knowledge of the business, related tools and techniques
+ Leads or 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 assisting others in the completion and performance of work activities, provides coaching and/or 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

**Physical Requirements:**

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

+ Domestic Travel – Occasional
+ International Travel – Never
+ Performing sedentary work – Continuous
+ Performing multiple tasks – Continuous
+ Operating standard office equipment - Continuous
+ Responding quickly to sounds – Occasional
+ Sitting – Continuous
+ Standing – Occasional
+ Walking – Occasional
+ Moving safely in confined spaces – Occasional
+ Lifting/Carrying (under 25 lbs.) – Occasional
+ Lifting/Carrying (over 25 lbs.) – Never
+ Squatting – Occasional
+ Bending – Occasional
+ Kneeling – Never
+ Crawling – Never
+ Climbing – Never
+ Reaching overhead – Never
+ Reaching forward – Occasional
+ Pushing – Never
+ Pulling – Never
+ Twisting – Never
+ Concentrating for long periods of time – Continuous
+ Applying common sense to deal with problems involving standardized situations – Continuous
+ Reading, writing and comprehending instructions – Continuous
+ Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.

They are not intended to be an exhaustive list of all responsibilities, duties and skills required.

The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

**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 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**

TD Bank is an equal opportunity employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

Required Skill Profession

Other General