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:This role is not eligible for TD work visa support or sponsorship (e.g., H-1B, F-1 OPT/STEM OPT, TN or other work visa authorizations). Applicants must have authorization to work in the United States without current or future need for TD sponsorship.
The Senior Financial Crime Risk Management Analyst, KYC High Risk Reviews performs second line Enhanced Due Diligence (EDD) reviews for high-risk customers. This role is responsible for identifying, assessing, and mitigating financial crime risks, ensuring compliance with regulatory requirements, and providing expert recommendations on complex matters. This role requires discretion, independent judgment, and specialized knowledge of anti-money laundering (AML) regulations and financial crime risk management practices.
The Financial Crimes Risk Management (FCRM) Know Your Customer (KYC) Program Team is responsible for the establishment and ongoing oversight of an effective KYC Program for TD Bank US Holdings. The KYC Program Team is tasked with setting consistent requirements for the bank to reasonably 'know its customers' and evaluate the risks associated with a customer relationship throughout the customer lifecycle.
The primary responsibility of the KYC High Risk Reviews team is to execute enhanced due diligence (EDD) reviews for high-risk customers at the bank. The team is responsible for managing procedures and escalations related to high-risk customers, including analysis of customer behavior and activity of concern, in compliance with KYC policy and regulatory requirements. The team engages with the 1st line of defense on the outcomes of EDD reviews, management of issues, and guidance related to high-risk customer types and associated activity.
To be successful in this role, you will need to know the difference between investigations, EDD and CDD and have conducted complicated EDD in your current or past roles. This role is more focused on EDD experience rather than an investigative role.
Depth & Scope:- Performs holistic Enhanced Due Diligence (EDD) reviews on high-risk customers at onboarding, periodic review, and event driven reviews, ensuring compliance with internal policies and external regulations
- Reviews customer risk factors/indicators, and acts as a subject matter expert to understand and assess the identified customer risk and how it relates to the Bank products/services to further determine if those risks can be mitigated
- Responsible for documenting the assessment and providing a recommendation based on the independent analysis to maintain and/or onboard the customer
- Evaluates and assesses customers' source of funds, business activities, ownership structures, and other risk factors
- Reviews, assesses, and analyzes customer transactional activity to determine if customer's activity is aligned to the customer KYC profile and expected use of customer's accounts
- Engages with the 1st line of defense on the outcomes of EDD reviews and guidance related to high-risk customer types and associated activity
- Ensures adherence to AML regulations, the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) requirements, and other applicable laws
- Proactively identifies trends and emerging risks in high-risk customer profiles, escalates issues and recommends controls or mitigation measures
- Maintains up-to-date knowledge of regulatory changes and industry best practices, applying this expertise to enhance the KYC program
- Prepares detailed, well-documented EDD risk assessment narratives and provide risk recommendations to support decision-making for senior management and regulators
- Provides data-driven insights and recommendations for process improvements, ensuring the effectiveness of the high-risk customer review process
- Collaborates with internal stakeholders to address gaps or deficiencies in KYC or financial crime risk management frameworks
- Serves as a subject matter expert (SME) on KYC and EDD processes for high-risk customer reviews, providing training and guidance to junior analysts or team members
- Represents the Financial Crime Risk Management team during internal and external audits or regulatory examinations
- Leads projects or initiatives focused on enhancing the bank's high-risk customer review processes and risk mitigation strategies
- Utilizes independent judgment to develop and implement policies, procedures, and best practices for high-risk customer management
- Supports the Group Manager by assisting with day to day tasks and acting as a delegate as needed
Education & Experience:- Bachelor's degree in Business, Finance, Law, Criminal Justice, or related field
- Advanced certifications such as CAMS, or equivalent are strongly preferred
- 5+ years of experience in KYC, EDD, or AML within a financial institution
- Demonstrated expertise in high-risk customer reviews and regulatory compliance
- Strong analytical, problem-solving, and decision-making skills
- Excellent written and verbal communication skills, with the ability to present complex findings to stakeholders
- Proficiency in AML software and tools, as well as Microsoft Office Suite
- Ability to exercise significant discretion and independent judgment in assessing and managing risks
- Ability to manage multiple high-priority tasks and deliver results under tight deadlines
- Demonstrated leadership or project management experience preferred
Preferred Skills:- Successful candidates should possess a strong understanding of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), including how these functions differ from AML Transaction Monitoring and Investigations.
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.
