What are the responsibilities and job description for the AML Advisor position at TD Bank?
Company Overview
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.
We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.
Job Description
The AML Advisor provides expert/specialize advice to portfolios, businesses and functions on development and maintenance of all aspects of AML/ATF compliance programs in line with the Bank's risk philosophy and strategic direction.
Requirements
Provides comprehensive coverage for a significant business or functional area across all legal entities and jurisdictions where TD operates
Provides AML/Sanctions/ABAC advice to a business as GAML representative on a complex project or change initiative.
Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centres of expertise
Provides guidance and support to analysts on matters related to portfolio and speciality
Expert knowledge of the business and operational functions supported
Typically a subject matter expert for a key functional AML area and business requirements
Contacts for business management, external/internal auditors, dealing with non-routine information
Manages / assists with regulatory reviews including inquiries, audits, and exams
Deep knowledge and understanding of businesses / technology, and organizational practices/ disciplines
Identifies and leads problem resolution for project/program complex requirements related issues at all levels
Provides specialized advice on AML/ATF matters (both regulatory compliance and prudential risk management) affecting the business including, but not limited to, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing
Proactively advises the business of new and changed AML regulatory and/or policy changes and articulate the impact to their processes and controls
Contributes to the development and implementation of AML Compliance programs related to all aspects of AML and ATF laws
Guides and partners with the business through the development, implementation, oversight and management of effective AML Compliance Programs
Escalates and manages to resolution significant AML issues and events; liaises with the AML Shared Services group to coordinate the delivery of applicable AML services which cross with Deputy GAMLO accountabilities
Represents AML on internal or external committees relating to designated business activities as required
Delivers relevant subject matter expertise and AML/ATF advice to business management
Maintains oversight (via review and approval) of all functions and accountabilities related to management reporting and analysis
Actively assists in developing and overseeing implementation of business line policies and DGAMLO Team procedures
Acts as departmental subject matter expert for methodologies for analyzing risk exposures, and liaise with counterparts in other GAML and business teams to continue to refine and enhance the methodologies
Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
Partners with PT&G to develop annual awareness training
Protects the interests of the organization – identify and manage risks, and ensure the prompt and thorough resolution of escalated non-standard, high risk issues
Actively manages relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
Keeps current on emerging issues, trends, and evolving regulatory requirements to and assess potential impacts
Handles inquiries/requests from Internal Audit and regulators
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Participates fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
Provides thought leadership and/ or industry knowledge
Qualifications
- Undergraduate degree
- 7 years relevant experience
- Advanced knowledge of anti-money laundering disciplines, strategy development, consulting principles, lines of businesses supported, banking industry, and product/customer markets
- Knowledge of current and emerging competitor and market trends
- Knowledge of risk management environment, standards and regulations
- Ability to manage a budget and work within the constraints of that budget
- Ability to contribute to strategic direction of the function and provide advice to senior leadership
- Skill in mentoring and coaching
- Ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
- Ability to exercise sound judgement in making decisions
- Ability to make an impact, influence and achieve results with effective negotiation, problem-solving and communication skills
- Ability to work collaboratively and build relationships across teams and functions
- Skill in using analytical software tools, data analysis methods and reporting techniques
- Skill in using computer applications including MS Office
- Ability to analyze, organize and prioritize work while meeting multiple deadlines
- Ability to work successfully as a member of a team and independently
- Ability to handle confidential information with discretion
Hours
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 in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Salary : $98,200 - $124,000
