Job Information
TD Bank Senior AML Financial Crime Investigator (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer) in Toronto, Ontario
Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Financial Crime Risk Management
Pay Details:
We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.
Job Description:
Senior AML Financial Crime Investigator (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer)
Department Overview:
Global Anti-Money Laundering at TD
Pick up a newspaper, turn on the TV or stream a video and the topic of money crime is everywhere, because it is a threat across the world. Do you believe the best defense is a good offence? At TD, we're committed to detect and deter anyone from using TD products or services for money laundering and terrorist financing activity. Our dedication is upheld and deployed through four key team functions – Policy, Testing, Advisory and Operations – that together build our Global Anti-Money Laundering (GAML) Program and professional community. Ready to join us? We have a new opportunity to grow your career in AML (Anti-Money Laundering) Operations.
High Risk Investigations (HRI) conducts investigations of complex and sensitive cases to determine potential suspicious activities. Within the HRI team, there is a specialized unit consisting of subject matter experts and investigators with accountabilities for conducting initial and periodic Enhanced Due Diligence (EDD) reviews and investigations of TD Securities (TDS) clients' that are deemed higher risk relating to financial crime including money laundering, terrorist financing, sanctions, fraud, anti-bribery, and anti-corruption associated.
Job Description
The Senior AML Financial Crime Risk Investigator (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer) reports to the Group Manager AML Financial Crime Investigations (TD Securities Enhanced Due Diligence, High Risk Customer Program)
The Senior AML Financial Crime Risk Investigator (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer) is responsible for:
Conducting end to end AML investigations and quality review of initial and periodic enhanced due diligence investigations specifically relating to Correspondent Banking products and capital markets offerings as well as other referrals. Includes authority in applying reasonable grounds to suspect money laundering, terrorist financing and other financial crimes.
Provide support to the Group Manager AML Financial Crime Investigations (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer) and feedback/coaching where required.
The Senior AML Financial Crime Risk Investigator (TD Securities Enhanced Due Diligence, High Risk Customer Program, Quality Reviewer) conducts end to end AML Investigations, and quality reviews of initial and periodic review enhance due diligence and investigation conducted for high risk customers of TD Securities while partnering with internal and external stakeholders including sanctions, Global Transaction Banking, capital markets and compliance stakeholders as well as working with other people managers and investigators to ensure the controls are designed and operating effectively to mitigate the risk and compliance with regulatory requirements as well as the Bank's systems of internal controls.
The Senior AML Financial Crime Risk Investigator (TD Securities Enhance Due Diligence, High Risk Customer Program, Quality Reviewer) assists with the oversight of the Correspondent banking and capital markets alerts while partnering with internal and external stakeholders including Global Transaction Banking and regional capital markets stakeholders, working with other group managers and investigators to ensure the controls are designed and operating effectively to mitigate the risk and compliance with regulatory requirements as well as the Bank's systems of internal controls.
The role requires extensive knowledge of a range of products, services and customer types including, but not limited to, Wholesale Banking, Capital Markets, Corporate Cash Management, Correspondent Banking, Trade Finance, Foreign Exchange, Derivatives, FX Options and a deep understanding of the anti-money laundering/anti-terrorist financing regulatory regime governing this sector. The role also helps to support compliance in these areas and other legislations in each jurisdiction where TD operates.
CUSTOMER
Conduct quality reviews of initial and periodic enhance due diligence as well as investigations, including review of investigation that resulted in no Suspicious Transaction Reports (STRs) as well as investigation that resulted in STRs and other regulatory reporting and risk mitigation (e.g demarket etc).
Assist with reviewing and investigating Production Orders and Grid alerts issued by law enforcement agencies related to criminal actions.
Ensure the regulatory reporting is conducted in a timely manner and/or without delay while adhering to regulatory requirements and internal controls.
Apply sound methodologies to collect, preserve, and analyze evidence while staying current on global emerging risks and technology threats.
Assess and prioritize files and investigate assigned cases ensuring proper protocols are in place and effectively applied.
Work effectively with internal and external stakeholders at other financial institutions, law enforcement agencies, and others in government within prescribed protocols to maximize opportunities for information sharing and to reduce TDBFG exposure.
Conduct investigations in a professional and timely manner.
Identify and communicate procedural weaknesses to businesses.
Identify industry and typologies risk and trends for respective program areas and share knowledge with appropriate stakeholders.
Maintain and establish working relationships with internal partners (e.g., HR, Legal, corporate security, etc.) for investigative purposes.
Investigative analysis by collecting, assessing, and collating case file information for AML, Sanctions/ABAC & Financial Crime investigations.
SHAREHOLDER
Develop and maintain effective partnerships with key stakeholders including Corporate Security, Legal, Human Resources.
Patriciate in forums, working groups and other established task force while representing the HRI to ensure information is shared among various stakeholders in a timely, concise, and accurate manner.
Lead work streams by acting as a project lead for large or complex projects / initiatives in accordance with project management methodologies.
Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate.
Evaluate the effectiveness of processes/services and recommend/champion possible enhancements.
Recommend improvements to escalation processes within the investigative unit and a feedback mechanism to relevant stakeholders.
Plan and deliver efficient and cost-effective processes that support and promote the implementation of programs.
Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience.
Monitor service, productivity and assess efficiency levels within own function and implement continuous process/performance improvements where opportunities exist.
Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate.
Protect the interests of the organization – identify and manage risks and ensure the prompt and thorough resolution of escalated non-standard, high-risk issues.
Run analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices.
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
EMPLOYEE / TEAM
Participate 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
Share industry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participate in personal performance management and development activities, including cross training within own team
Keep 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
Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
BREADTH & DEPTH:
Investigates criminal cases ranging from simple to complex in nature
Sound knowledge of Bank products, systems, policies and procedures
Strong knowledge of criminal investigative techniques, related laws governing collection of evidence, court proceedings and financial/criminal trends
Manages programs/projects/ initiatives of low to moderate scope and complexity
Expert level professional role requiring in-depth knowledge/ expertise in own field of specialty and working knowledge of broader related areas
Integrates the broader organizational context into advice and solutions within own area
Understands the industry, competition and the factors that differentiate the organization
Impacts a range of functional programs across own and related teams
Interprets guidelines, standards, policies, and results of analysis to inform decision making at senior levels
Builds stakeholder alignment in leading projects and activities
Works independently as the senior technical lead and guides others within area of expertise
Identifies and leads problem resolution for complex issues at all levels
Generally, reports to a Group Manager/Senior Manager
EXPERIENCE AND / OR EDUCATION
Undergraduate degree or equivalent work experience.
5+ years relevant experience in AML, Wealth Surveillance or Compliance functions.
Canadian Securities Institute Designations: PDO, DFC, OLC, OPSC would be an asset.
Capital Market Surveillance experience an asset.
Proficient knowledge of Wholesale Banking and Capital Market products and services, systems, standards, procedures, laws, rules and regulations.
Certified Anti-Money Laundering Specialist (CAMS)/Certified Financial Crime Specialist (CFCS) certifications an asset.
Strong knowledge of Canadian AML legislation, requirements and guidance including by not limiting to Financial Transactions Report Analysis Centre of Canada (FINTRAC), Officer of the Superintendent of Financial Institutions (OSFI), Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and the Criminal Code of Canada, BSA and US Patriot Act requirements, FinCEN (Finance Crimes Enforcement Network) requirements, Monetary Authority of Singapore (MAS) requirements, as well as FCA (Financial Conduct Agency) of the United Kingdom requirements.
Strong knowledge of quality control testing and audit.
Strong knowledge and experience with investigating complex and sensitive ML/TF and sanctions cases including reasonable ground to suspect (RGS).
Strong knowledge and experience interacting with law enforcement, corporate security, and other investigative groups.
Excellent oral and written communication skills.
Ability to delegate work to others, work well independently and ability to collaborate and build positive relationships.
Strong decision-making, critical thinking, follow-through ability, analytical skills.
Ability to respond to shifting priorities quickly and managing competing priorities.
Proficiency in using computer applications including MS Office.
Ability to exercise sound judgement in making decisions.
Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)
Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement:
N/A.
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