Work Location:New York, New York, United States of America
Hours:40
Pay Details:$115,440 - $186,160 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 leads, develops, and oversees a team of professionals who design and maintain frameworks, policies, standards, and provide oversight, expert policy and regulatory guidance, and advice related to TD's Sanctions and Anti-Bribery/Anti-Corruption (ABAC) compliance programs. Delivers specialized project support and services in both domains.
Provides strategic and day-to-day direction on a broad range of complex sanctions and ABAC program activities, including assigning workflow, providing governance and support, and addressing and escalating sanctions and ABAC-related issues.
Oversees the timely execution of periodic and event-driven reviews using a risk-based approach to ensure alignment with sanctions and ABAC policy and regulatory requirements.
Serves as the primary escalation point for significant sanctions and ABAC matters or exceptions. Identifies and implements risk mitigation strategies for findings from risk assessments, audit findings, regulatory exams, and potential violations of law.
Coordinates with internal and external stakeholders (such as auditors and regulators) to provide necessary documentation and support during audits and examinations related to sanctions and ABAC compliance.
Depth & Scope:- Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
- Oversees and leads a highly complex, and/or diverse function for an area of significant risk, or scope
- Strategic partner to leadership team on the management of the portfolio and financials, with deep industry, external/internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management/enterprise areas
- Facilitates key strategic discussions and provide thought leadership to executive audience (output may include strategic roadmap and/or deliverables/frameworks/short to long term goals etc.)
- Sets operational team direction and collaborate with others to execute on common goals
- Focuses on longer-range planning for functional area
Education & Experience:- Undergraduate Degree
- Advanced degree, professional accreditation, and/or 10+ years relevant industry experience
Customer Accountabilities:- Oversees a function of professionals within the enterprise Financial Crimes Risk Management (FCRM) Program, providing oversight and control-related advisory services to partners in both sanctions and Anti-Bribery/Anti-Corruption (ABAC) compliance
- Provides strategic direction on a broad and diverse range of complex global sanctions and ABAC program activities
- Develop enterprise-wide sanctions and ABAC frameworks, policies, standards, and procedures in coordination with management, in line with TD's FCRM Program
- Works with the executive team and senior business management/partners to develop proactive strategies, tactics, policies, and programs to effectively manage sanctions and ABAC regulatory and compliance issues
- Contributes to the development and implementation of enterprise programs related to all aspects of sanctions and ABAC legislation
- Meets with business partners and leaders to determine sanctions and ABAC strategies and foster a strong compliance culture
- Takes corrective action and recommends or implements changes to procedures for sanctions and ABAC compliance, as required
- Leads in managing and responding to periodic exams, audits, and various regulatory bodies regarding sanctions and ABAC accountabilities
- Participates in or leads enterprise-wide or sanctions and ABAC-focused special projects
- Oversees research, development, and implementation of new processes, technologies, or operating models for sanctions and ABAC compliance
- Works autonomously as the leader of the team, assisting with the development of group policies and approval of procedures in coordination with the leadership team and colleagues; promote and monitor staff adherence to approved internal sanctions and ABAC policies, procedures, standards, and guidelines, in addition to those federally mandated
- Provides guidance, leadership, coaching, and development to ensure operational results and professional/personal development objectives are achieved for sanctions and ABAC compliance functions
Shareholder Accountabilities:- Protects the interests of the organization - identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
- Works closely with executive management team to support the development of business plans, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale
- Works closely with key business leaders to develop business plans, ensuring the optimal use of resources and leverage TD's operating model to maximize efficiency, effectiveness and scale
- Plans and executes on strategic activities, reviews and communicates results, and adjusts tactics accordingly
- May manage overall budget, revenue and expenditures, meets business objectives while increasing efficiency and effectiveness
- Provides mentorship to direct reports; and assume responsibility to minimize operational and regulatory risk by complying with Bank Code of Conduct
- Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
- Maintain knowledge of end-to-end processes and internal/external partners and regulatory requirements
- Provides inputs into the development, implementation, and monitoring of operating plans and expense budgets for the area, consistent with TD Bank strategies and objectives
- Prepares detailed reports and presentations for senior management and regulatory authorities, covering the effectiveness of processes and controls, and recommendations for necessary enhancements
- Contributes to the development of the business plan and operationalize the plan and delivers on assigned service or functionality
- Works closely with leaders to develop and operational the business plan and deliver on FCRM programs across the enterprise
- Plans and executes on strategic activities, reviews and communicates results and adjusts tactics accordingly
- Proactively identifies key business opportunities, researches and recommends enhancements/modifications, develops strategies to achieve recommendations
- Understands TDBG issues/parameters and guides others to protect the reputation and interest of TDBG by adhering to operating standards and processes related to FCRM
- Ensures employees are building and enhancing their FCRM knowledge and expertise; and employees assume responsibility in minimizing operational and regulatory risk by complying with Bank policy and Code of Conduct
- Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
- Leads relationships with corporate and/or functions to ensure alignment with enterprise and/or regulatory requirements
- Leads or contribute to cross-functional/enterprise initiatives as an organizational or subject matter expert helping to identify risk/provides guidance for complex situations
- Coordinates and supports team and business (FCRM) partner FCRM related activities, as necessary
Employee/Team Accountabilities:- Responsible for management of the overall team providing both leadership and guidance
- Contributes to the development of FCRM functional strategic priorities within their operational area or field of specialty
- Develops annual and/or long-term plans for own area and influences plans well beyond area managed
- Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit
- Grows team expertise to align with FCRM/enterprise demand and direction; assesses team skills and capabilities and continually look for ways to provide and enhance the value delivered
- Leads and develops a high performing team of professional FCRM resources through talent acquisition, coaching/development and recognition; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
- Creates and fosters a cohesive team and promotes a positive work environment. Leads and follows up on action plans to improve employee experience
- Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner
- Manages employees in compliance with all human resources policies, procedures and guidelines of conduct
- Shares knowledge, information, skills, and subject matter expertise among the team and ensures the timely communication of issues and encourages good working relationships with other functions and teams
- Supports an environment where the team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes
- Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
- Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
- Acts as a brand ambassador 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.
