Group Manager I, Aml Operations - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

416174BR

Anti-Money Laundering / Compliance & Regulatory Relations

Toronto, ON

August 8, 2023

Hours

37.5

Workplace Model

Hybrid

Pay Details

Department Overview

Global Anti-Money Laundering at TD

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

Do you believe the best defense is a good offence? At TD, we're committed to detect and deter anyone from using TD products or services for money laundering and terrorist financing activity.

Our dedication is upheld and deployed through four key team functions - Policy, Testing, Advisory and Operations - that together build our Global Anti-Money Laundering (GAML) Program and professional community.

Ready to join us? We have a new opportunity to grow your career in AML (Anti-Money Laundering) Operations.

AML Operations establishes processes to identify unusual and suspicious activities and transactions at the Bank, enterprise-wide. The centralized team manages the daily activities related to Anti-Money Laundering, Bank Secrecy, Enhanced Due Diligence, Sanctions and Anti-Bribery/Anti-Corruption. Roles help to support compliance in these areas and other legislation in each jurisdiction where TD operates.

Job Details

This Group Manager role has accountability for leading and overseeing complex money laundering/ terrorist financing investigations.

The role requires significant knowledge of current ML/TF trends, typologies and red flags and a comprehensive understanding of the anti-money laundering/anti-terrorist financing regulatory regime governing this sector.

The Group Manager has people management accountabilities that include the provision of guidance, leadership, coaching and development of multiple teams of analysts.

The Group Manager is required to develop and maintain effective relationships with internal and external partners.

KEY ACCOUNTABILITIES

CUSTOMER

Manage a group of AML professionals providing operational support to partners
Key escalation point for significant risk/exceptions
Monitor service and control standards against, overall business / department objectives
Develop and maintain effective working relationships with internal and external partners for the purposes of delivering optimal customer service
Coach to ensure operational problems are handled appropriately, and participate in the negotiation and resolution of complex and/or escalated issues where necessary

SHAREHOLDER

Contribute to the development of the business plan and operationalize the plan and deliver on assigned service or functionality
Work closely with key business leaders to develop business plan, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale
Monitor and communicate the effectiveness of strategies, programs, and practices related to own area of expertise
Set the standards for operations and manageability across the business / function ensuring services are built from the ground up
Proactively identify key business opportunities, research and recommend enhancements / modifications, develop strategies to achieve recommendations
Ensure department operates in compliance with applicable internal and external requirements
Ensure appropriate reporting and escalation of issues based on risk profile
Follow and ensure employees are knowledgeable of and comply with Bank and industry codes of conduct

EMPLOYEE / TEAM

Set targets and objectives for the teams, and deliver results
Grow team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivery
Support an environment where teams freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes
Recruit for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
Establish and foster cohesive teams; promote a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

BREADTH & DEPTH

Oversee one team with functional diversity and complexity where activities involve multiple step transactions, multiple systems and jurisdictions, higher volumes and/or medium to high complexity
Work focus time horizon is generally medium to long term with moderate to high focus on strategic planning
Oversee management of team requiring workforce to decision on acceptable level of risk
Moderate to High risk potential (loss/reputational) for functional area
Act as highest point of team escalation for resolution and provides direction to resolve issues or escalate

Job Requirements

What can you bring to TD? Tell us about your most relevant experience, credentials and knowl