Work Location:New York, New York, United States of America
Hours:40
Pay Details:$72,280 - $117,520 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:Department Overview: The Senior Financial Crime Risk Analyst must have experience with regulatory, audit, testing, exam management, or related engagements. Experience with issue management is preferred. Consulting backgrounds or candidates with experience across different areas of BMO are strongly preferred as well. The successful applicant will have comfort with the role's mix of regulatory work, testing, issue management, and project management.
The Senior Financial Crime Risk Analyst - Sanctions contributes to the development, oversight, and implementation of TD's sanctions compliance programs, including frameworks, methodologies, policies, standards, procedures, awareness and specialized training, monitoring, management reporting, and escalation of sanctions-related issues.
Conducts periodic and event-driven reviews for sanctions risks of customers and transactions, including targeted assessments. Supports management in delivering initiatives related to sanctions risk assessment, regulatory exam preparation, and internal/external audit support.
Depth & Scope:- Works independently as the senior analyst/subject matter expert in sanctions compliance and coaches and educates others on regulatory requirements and best practices
- Oversees and/or independently performs end-to-end sanctions screening and escalation processes, ensuring adherence to global standards
- Applies expert knowledge of sanctions regulations, business operations, products, services, and operating standards to drive unit or team performance and mitigate risk
- Executes on more complex and/or non-standard sanctions-related requests, including high-risk reviews and regulatory reporting
- Researches and investigates a range of sanctions alerts, operational issues, and process gaps, ensuring timely resolution and compliance
- Recommends and implements solutions within own area of responsibility to strengthen sanctions controls and governance frameworks
- Coordinates and integrates work with other areas such as AML, FCRM, and Legal as needed to ensure holistic risk management
- Provides advanced analysis and/or specialized reporting on sanctions metrics, trends, and regulatory adherence to support business partners and centers of expertise
- Requires advanced technical and regulatory knowledge of global sanctions regimes and screening systems for discipline supported
- Manages high complexity in operational, reporting, and process analysis functions with a medium- to longer-term focus on sanctions compliance enhancements
- Represents the group as the lead or subject matter expert on sanctions-related projects, regulatory initiatives, and cross-border governance meetings
Education & Experience:- Undergraduate Degree
- Advanced degree, professional accreditation, and/or 5+ years
Customer Accountabilities:- Develops and implements team procedures and governance processes for sanctions compliance and analyzes and advises stakeholders and teams of changes and enhancements to enterprise sanctions programs and requirements, including their impact across the organization
- Collaborates with and influences partners and senior stakeholders in related groups (such as Compliance, Legal, and Risk) to support the creation of documentation and reports required by external regulatory bodies and TD internal groups for sanctions compliance
- Leads research and assessment of sanctions risks and controls and contributes to a specialized team of sanctions compliance professionals, interacting with key stakeholders
- Provides governance oversight through management of sanctions policy and training exemption governance and reporting processes to the Senior Executive Team and related sub-committees
- Provides strategic guidance to team members in the use of issues and events systems for tracking and reporting sanctions-related matters
- Prepares summaries, presentations, briefing notes, and other documentation to effectively report on the status of the sanctions compliance program
- Delivers relevant subject matter expertise and sanctions compliance advice to business partners
- Interacts with control functions within the organization to ensure effective sanctions oversight
- Develops and delivers sanctions training programs for applicable employees across the Bank
- Conducts meaningful research, analysis, and assessment of sanctions program activities at the functional level, using results to draw conclusions, make recommendations, and assess the effectiveness of enterprise sanctions programs
- Prepares research, analysis, updates tools, and supports training activities specific to sanctions risk assessment
- Contributes to the development of processes, procedures, and guidance relevant to sanctions compliance
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 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 and providing 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 and providing 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 and function
- Grows knowledge of the business, related tools, and techniques
- Participates in personal performance management and development activities, including cross-training within own team
- Keeps others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
- Contributes to the success of the team by willingly assisting others in the completion and performance of work activities, providing guidance as appropriate
- Contributes to a fair, positive, and equitable environment that supports a diverse workforce
- Acts as a brand champion for the function and the bank, both internally and/or externally
Physical Requirements:Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel - Occasional
- International Travel - Never
- Performing sedentary work - Continuous
- Performing multiple tasks - Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds - Occasional
- Sitting - Continuous
- Standing - Occasional
- Walking - Occasional
- Moving safely in confined spaces - Occasional
- Lifting/Carrying (under 25 lbs.) - Occasional
- Lifting/Carrying (over 25 lbs.) - Never
- Squatting - Occasional
- Bending - Occasional
- Kneeling - Never
- Crawling - Never
- Climbing - Never
- Reaching overhead - Never
- Reaching forward - Occasional
- Pushing - Never
- Pulling - Never
- Twisting - Never
- Concentrating for long periods of time - Continuous
- Applying common sense to deal with problems involving standardized situations - Continuous
- Reading, writing and comprehending instructions - Continuous
- Adding, subtracting, multiplying and dividing - Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
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