Aml Advisory Analyst I - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

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Description

TD Description
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Department Overview

The Global Transaction Banking (GTB) AML Advisory team, which is part of TD Securities (TDS) Wholesale Banking AML Advisory, is responsible for providing AML and Sanctions advisory support and oversight for Correspondent Banking, Trade Finance and Corporate Cash Management business lines within Global Transaction Banking in TDS.

Additionally, this team is also responsible for developing and generating data analytics and Management Information (MI)/Business Intelligence (BI) reports with respect to the business.

In addition, you will:

Provide AML research, operational reporting and/or analytical support accurately and on time
Support the analysis of AML impacts on customers, partners and processes through data analytics
Provide support with responding to regulatory requests
Assist with the design and effectiveness assessment of the Quality Controls in place within AML and perform direct testing of internal controls if required
Execute processes as assigned, including those in support of regulatory and risk management
Analyze risk exposure characteristics for assigned portfolio through data analytics of wire payments
Be accountable for own work and effective coordination of processes and information across related teams
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and partnership
Tackle problems for issues that have been raised and/or bring up issues as required for further clarity and ensure timely communication of issues and points of interest
Gain and grow a fundamental understanding of complex GTB product and services, processes, procedures, systems and concepts within an area of specialty;

Specific responsibilities include:

Develop and generate MI/BI reports to analyze Correspondent Banking and Trade Finance activity;
Provide AML and sanctions advice to Correspondent Banking and Trade Finance Front Office and Operations teams on transaction escalations, new products, complex clients and/or transactions, changes to AML and sanctions processes/controls and business initiatives and projects with AML or sanctions impact;
Assist with review and updates to the AML policies and business unit procedures with respect to Correspondent Banking and Trade Finance;
Manage and oversee the quarterly review of payment reports to identify and followup on travel rule exceptions;
Conduct indepth payment reviews/analysis and adhoc investigations relating to Correspondent Banking activity and summarize the analysis and findings;
Assist with the development and delivery of specialized AML and sanctions training for Correspondent Banking and Trade Finance businesses;
Prepare Requests for Information (RFIs) to be sent to Correspondent Banking clients, based on findings from payment reviews and/or ad hoc investigations and assess RFI responses;
Respond to AML/KYC and sanctions questionnaires or inquiries from Correspondent Banking clients;
Oversee the Trade Finance irregular transaction escalations to ensure they are actioned appropriately;
Participate as an AML SME in projects and initiatives led by the business and/or Global AML;
Provide enhance due diligence and transaction monitoring investigation support to the Wholesale AML Advisory Team;
Provide research, analytical and/or operational process support to the Senior Manager AML Advisory, as needed.

Job Requirements

University degree/college diploma or equivalent
Two (2) or more years of relevant experience
Proficient in MS Excel including running and creating functions, pivot tables, and charts
Experience in data analytical software tools (e.g. Tableau & Alteryx), data analysis methods and reporting techniques is preferred; strong willingness to learn is mandatory
Ability to work well independently, with colleagues and build relationships with stakeholders
Ability to handle confidential and restricted information with discretion
Strong communication skills with ability to pay high attention to details
Fundamental knowledge of variety of banking products, services, systems preferably in Correspondent Banking and Payments
Strong interest in learning AML, Sanctions & ABAC related standards, procedures, laws, rules and regulations

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.

If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.

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