Business Management Specialist - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

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Description

TD Description
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Department Overview

The TDBG Global AML (TDBG GAML) Compliance Department is accountable for establishing TDBG's Global Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Program to ensure that all TDBG businesses remain compliant with AML/ATF regulatory expectations in all jurisdictions where TDBG operates.

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

The Risk Monitoring and Optimization (RMO) team is one of the core pillars of the Strategies, Solutions, and Transformation (SST) group at TDBG GAML.

RMO focuses on AML/ATF model performance monitoring, periodic model reviews, identifying opportunities to innovate and streamline existing processes, and coordinating model-related activities such as implementation, enhancements, and validation with other stakeholders across TDBG's GAML team.

We are looking for a
Business Management Specialist to join the RMO team, directly reporting to RMO's Senior Manager.

As a Business Management Specialist at RMO, you will:

Collaborate with RMO and GAML stakeholders to optimize the solutions supporting TD's customer and transaction monitoring obligations such as customer risk rating, transaction monitoring, name screening, and reporting
Support the Management in developing reports and presenting monitoring/analysis results to the Executive team, Auditors, Model Validation, and other stakeholders
Contribute to the development, periodic reviews, and enhancements of risk methodologies and procedures
Perform periodic reviews (Qualitative and Quantitative) of existing centralized surveillance monitoring for transaction monitoring, customer risk rating, and name screening
Identify opportunities to optimize centralized automated surveillance systems
Identify opportunities to streamline and improve any of the existing RMO monitoring and reporting processes
Contribute to RMO activities to ensure compliance with TD's Model Risk Management requirements
Keep current on emerging ML/TF trends and regulatory requirement changes
Identify and assess internal and external changes/risks that could impact the models
Effectively collaborate with internal and external business partners including AML Operations, AML Advisory, Data & Analytics, Technology, Model Risk Management, and Internal Audit across a broad spectrum of initiatives and functional domains
Contribute to the development of annual RMO plans, team building and training initiatives
Take ownership of assigned tasks; provide regular status updates, escalate key issues appropriately, and propose solutions and remediation plans

Job Requirements

What can you bring to TD? Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention.

It helps if you have:

Familiar with AML and ATF area and the applicable regulations, policies, and industry best practices
Familiarity with AML transaction monitoring and customer risk rating
CAMS certificate is an asset
Strong research and analytical skills, ability to review/analyze data and information, draw conclusions, and make appropriate recommendations
Strong communication, writing, and presentation skills
Strong storytelling, slide development, and report writing skills
Demonstrated time management, project management, and stakeholder management skills
Undergraduate degree or higher
5+ years of AML compliance experience in the financial services industry or equivalent
Familiarity with Tableau dashboard development and SQL coding is an asset
Highly organized and diligent individual with the ability to work independently and manage multiple initiatives
Ability to work effectively in a fastpaced environment while demonstrating flexibility to adjust to changing work priorities

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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