Senior Financial Crime Risk Analyst - Sanctions Screening Quality Assurance

Work Location:

Wilmington, Delaware, United States of America

Hours:

40

Pay Details:

$34.75 - $56.50 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 Senior 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.

The Financial Crime Risk Management (FCRM) Sanctions Screening 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 screening operations, OFAC and OSFI regulations, and possess a challenge mindset with good interpersonal and communication skills.

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 work experience
• •5+ years experience

Preferred Qualifications:

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 and OSFI Regulatory requirements, with particular focus on transactions/payments and name screening processes.

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
• •Certified Anti-Money Laundering Specialist (CAMs), and/or Certified Global Sanctions Specialist (CGSS)

Proficiency with standard computer applications including Word, Excel, and PowerPoint

Customer Accountabilities:

• •Contributes to 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)
• •Assists FCRM 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 FCRM program
• •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
• •Contributes to the development of processes, procedures and guidance relevant to own specific FCRM 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 (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
• •Participates as assigned in 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
• •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
• •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