Avp, Aml, Strategic Insights, Reporting and - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Anti Money Laundering

Pay Details:

Job Description:

Associate Vice President Profile:
Associate Vice Presidents (AVPs) at TD Bank Group contribute significantly to the overall reputation of TD.

As executives, AVPs set the ethical, organizational and performance standards for the teams they lead and exemplify how an effective performance and development culture functions day to day.

An AVP is expected to guide his/her team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.

AVPs promote adherence to TDBG's vision and purpose to be the better bank, and enrich the lives of customers, communities and colleagues.

As part of the general management of their function, AVPs are accountable to deliver against TD's five shared commitments:

Think like a customer; provide legendary experiences and trusted advice
Act like an owner; lead with integrity to drive business results and contribute to communities
Execute with speed and impact; only take risks we can understand and manage
Innovate with purpose; simplify the way we work
Develop our colleagues; embrace diversity and respect one another

Department Overview

The Global AML department (GAML) is accountable for establishing TD's Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure that all TD businesses adhere with AML regulatory expectations in all jurisdictions where TD operates.

This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting periodic enterprise-wide AML risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening TD customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise-wide and specialized AML training of employees; and independent AML testing.

Job Description:

The AVP, AML, Strategic Insights, Reporting and Transformation reports to the VP, AML, Governance, Business Management and Reporting.

Individual Accountabilities:

Strategic Insights- Monitors the internal and external environment for trends, themes and emerging risks.- Utilizes insights from trends, themes and emerging risks (including collaboration with stakeholders) to drive and inform strategic priorities and support the CAMLO and GAML to manage risks and meet regulatory expectations.- Provides thought leadership for innovation and automation across the function including continuous improvement initiatives to deliver sustainable and scalable improvements across the function- Leads all strategic planning for GAML including recommendations for new projects and transformative activities.- Owns the business planning process including the roadmap and project/change planning.

Partners with appropriate stakeholders to support management of the financial plan- Drives a culture of change to advance the program

Board Reporting- Prepares all reporting for the Board and Bank executive committees, Enterprise Risk Management, Non-Financial Risk Management Command Centre, Global Financial Crimes Committee as well as the AML oversight Committee and other committees as directed by the Deputy Head of AML.

- Partners with appropriate stakeholders to prepare reporting and associated speaking notes for the Chief Risk Officer (CRO) and CAMLO- Compiles other adhoc reporting as required

Oversight- Develops, in collaboration with stakeholders, business and performance reporting, analytics & insights to enable effective oversight of GAML including the Canadian Financial Intelligence Unit- Monitors and reports on delivery of strategic projects and or transformational activities.

- Maintains oversight of AML subcommittee mandates, authorities and responsibilities- Leads and or participates in various GAML oversight committees- Through oversight activities and collaboration with appropriate stakeholders owns the escalation / reporting of all AML/Sanctions/Anti bribery Anti corruption risk matters to the Global AML leadership team and the CRO

Job Requirements- Expert in AML regulations, strategies, and risk management;- Possesses and demonstrates expertise in the AML advisory, policy, change management, project management and operations- Excellent, executive-level communication and presentation skills, including public speaking / presentation skills and well developed listening and negotiation skills- Strategic thinker; has excellent judgment and the ability to anticipate emerging trends- 10+ years of relevant industry and management experience- Highest personal and professional integrity and standards to advance TD's vision and protect the brand- Ability to work i