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Manager, AML Financial Crime Risk Management

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TD Bank

Sep 25, 2024

  • Job
    Full-time
    Senior & Expert Level
  • Consulting
    Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You need strong risk management experience, leadership skills, strategic execution, collaboration, analytical abilities, and effective communication. A relevant degree and professional accreditation are preferred.
  • You will manage AML risk oversight, enhance reporting, develop risk culture, support initiatives, maintain stakeholder relationships, and ensure compliance with regulations and internal policies.

Requirements

  • Proven background in risk management, particularly in understanding the development of and implementation of risk initiatives. Experience in the various areas of Operational Risk Management (e.g. KIs, External Event, Third Party, Risk Acceptance, etc.) is an asset.
  • Proven background in using influencing skills and being comfortable with raising strategic ideas for change
  • Proven leadership skills, demonstrating the ability to act as a catalyst for change
  • Previous experience developing and executing on strategies and delivering superior results in both the short and long term
  • Proven ability in leveraging deep subject matter expertise to align teams to a central vision, while also listening and engaging others to provide input in the shaping of that vision
  • Strong collaborator who engages colleagues, business partners, external stakeholders, and employees
  • Strong presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with senior management at all levels
  • Skillful communication (written and verbal), negotiation and partnership skills to balance stakeholder input but remain objective to reach the right outcome - ability to stay resilient under pressure
  • Robust organizational skills with the ability to work in a fast-paced environment and manage multiple deadlines and priorities
  • Excellent analytical skills in assessing risk, issues and challenging the status quo
  • Comfortable navigating a space that is not well defined, ambiguous and complex at times.
  • Undergraduate degree required; Post Graduate degree preferred
  • Professional Accreditation such as CPA, CA would be an asset

Responsibilities

  • Experience with Process, Risk and Controls.
  • Providing sound, practical, timely advice to the AML business, AML leaders and COE partners to mitigate risk and enhance our risk culture
  • Developing and continuously enhancing the AML Risk Committee report including identifying opportunities to enhance data and analytics to gain deeper insights to allow committee members to make more informed and proactive decisions, while managing the AML Risk Committee including leading the meeting.
  • Evolving the maturity of the AML 1B program to align and comply with the 1B Mandate and 1B Standards
  • Evolve AML's Risk Culture
  • Lead oversight of risk and control activities while supporting the business in their initiative
  • Manage the oversight of AML change initiatives
  • Lead governance, issues management & reporting
  • Supporting AML to strong under TD's "road to strong" program
  • Developing and maintaining constructive relationships with control partners and key stakeholders. Responding to control partner requests in a timely and accurate manner
  • Partnering with US counterparts to evolve AML's risk oversight programs
  • Leading the AML regulatory compliance management program for AML's primary oversight accountabilities related to risk standards
  • Developing and implementing processes and reporting for the oversight of for the 1B governance program (example: Operational Risk activities, Regulatory Compliance Risk, Model Risk, Change and Delivery Risk)
  • Developing and maintaining internal policies/procedures as necessary for areas of responsibility. Look for opportunities to increase efficiency and effectiveness, eliminating redundant processes
  • Representing AML on various enterprise committee's or programs
  • Supporting TD’s enterprise-wide risk strategies and control function requirements

FAQs

What is the work location for this position?

The work location for this position is Canada.

What are the working hours for the Manager, AML Financial Crime Risk Management role?

The working hours for this role are 37.5 hours per week.

What line of business does this role fall under?

This role falls under the Financial Crime Risk Management line of business.

How is compensation determined for this position?

Compensation is determined through an open dialogue with a member of the HR Team, who can provide specific pay details for this role.

Who does the Manager, AML Financial Crime Risk Management report to?

The Manager reports to the Senior Manager, GAML Risk and Controls.

What are the main responsibilities of this position?

The main responsibilities include providing risk advice, overseeing governance and control functions, leading AML change initiatives, managing relationships with stakeholders, and supporting the AML regulatory compliance management program.

What qualifications are required for this position?

An undergraduate degree is required, with a postgraduate degree preferred. Professional accreditation such as CPA or CA would be an asset.

What skills are essential for success in this role?

Essential skills include strong leadership, collaboration, communication, analytical skills, and the ability to manage multiple deadlines in a fast-paced environment.

Is previous experience in risk management necessary for this role?

Yes, a proven background in risk management, particularly in understanding and implementing risk initiatives, is necessary.

What opportunities for professional development does TD offer?

TD offers regular development conversations, training programs, mentoring, and support to help colleagues achieve their career goals.

What is TD’s approach to total rewards for employees?

TD's Total Rewards package includes a base salary, variable compensation, health and well-being benefits, retirement programs, paid time off, and career development opportunities.

Will there be training and onboarding for this role?

Yes, training and onboarding sessions will be provided to ensure that you have everything you need to succeed in your new role.

How will candidates be informed about the interview process?

Candidates of interest will be contacted to schedule an interview, and TD aims to communicate outcomes to all applicants by email or phone call.

Are accommodations available during the interview process?

Yes, TD is committed to removing barriers and will provide accommodations as needed during the interview process.

Is there a language requirement for this position?

No, there is no specific language requirement indicated for this position.

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TD Bank

Finance
Industry
10,001+
Employees

Mission & Purpose

Headquartered in Toronto, Canada, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD had CDN$1.9 trillion in assets on July 31, 2023. TD also ranks among the world’s leading online financial services firms, with more than 16 million active online and mobile customers. TD offers a full range of financial products and services to over 27.5 million customers worldwide through four key business lines: - Canadian Personal and Commercial Banking including TD Canada Trust, Business Banking, and MBNA - U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in Schwab - Wealth Management & Insurance including TD Wealth (Canada), TD Direct Investing, and TD Insurance - Wholesale Banking including TD Securities and TD Cowen