TD
Senior Manager, Financial Crime Risk Oversight - Emerging Risk
TD, New York, New York, us, 10261
Senior Manager, Financial Crime Risk Oversight - Emerging Risk
Location: New York, New York, United States of America
Hours: 40
Pay: $110,760 - $178,880 USD
Line Of Business Financial Crime Risk Management
Job Description The Senior Manager, Financial Crime Risk Business Oversight oversees the team and leads 2nd-line oversight activities and monitoring of the AML/ATF/Sanctions/ABAC compliance programs for covered TD businesses and legal entities, including managing critical program initiatives and handling complex/high-risk matters and escalations.
Department Introduction The Emerging Risk team, as part of the Business Oversight team provides horizontal support for activities within the purview of business oversight. The incumbent will help support review of all new business initiatives, regulatory change management and emerging risk identification. Additionally the incumbent will be part of a team that serves as the Program Risk function within Business Oversight.
Depth & Scope
Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance, supporting compensation decisions, promoting teamwork, and handling disciplinary actions, as required
Supports the development of a high-performance business oversight team as a member of the Leadership team
Oversees and leads a large and/or highly complex and diverse AML/ATF/Sanctions/ABAC function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
Provides oversight to programs for an assigned portfolio of complex and dynamic TD businesses and legal entities
Maintains highly specialized expertise and in-depth knowledge to manage AML/ATF/Sanctions/ABAC programs for multiple, significant complex businesses, functional areas and/or global business lines
Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
Manages and oversees the overall discipline and strategy for the AML/ATF/Sanctions/ABAC area while aligning to the enterprise best practices
Position typically deals with senior/executive management
Key contact for business management, regulators, and external/internal auditors, dealing with a broad range of issues including non-routine information
Focuses on longer-range planning for functional area (e.g., 12 months or greater)
May manage and prioritize multiple projects at a given time
Acts as highest point of team escalation for resolution and provides direction to resolve issues or elevate
Education & Experience
Undergraduate degree or equivalent work experience
10+ years experience
Preferred Skills
7 years of experience within the financial industry
2 years of experience interpreting data and drawing conclusions from various data sources
Familiarity with the Microsoft Suite
Experience in Excel
Strong communication skills and executive presence
Customer Accountabilities
Leads and manages a high performing team on delivery of AML/ATF/Sanctions/ABAC compliance programs and culture
Provides guidance, leadership, coaching and development to direct reports to ensure operational results and professional/personal development objectives are achieved
Provides strategic direction on a broad and diverse range of complex AML/ATF/ Sanctions/ABAC program activities
Proactively advises covered TD businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulates the impact to their processes and controls
Contributes to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
Works with senior business unit management/partners to develop proactive strategies, tactics, policies, and programs to effectively manage regulatory/compliance issues
Provides insight, guidance, and recommendations and acts as a specialized resource to other departments based on subject matter expertise including, but not limited to, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing
Manages and provides oversight on day-to-day operations of the department and participates in enterprise wide or Customer focused special projects on behalf of FCRM
Delivers subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
Coordinated and managed the team’s participation in regulatory examinations and internal/external audits, reviewing, packaging, and tracking and providing information for department executive
Shareholder Accountabilities
Develops and oversees the implementation of business line policies and procedures
Works closely with leaders to develop and operationalize the business plan and deliver on AML/ATL/Sanctions/ABAC programs across the enterprise
Plans and executes on strategic activities, reviews, and communicates results, and adjusts tactics accordingly
Proactively identifies key business opportunities, research, and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement
Understands TDBG issues/parameters and guides others to protect the reputation and interest of TDBG by adhering to operating standards and processes related to AML/ATF/ Sanctions/ABAC
Provides oversight on risk assessment processes as required
Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions/activities as necessary
Keeps current on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Liaises with regulatory and law enforcement agencies on AML/ATF/Sanctions/ABAC examinations and related inquiries
Ensures employees are building and enhancing their knowledge and expertise; and employees assume responsibility in minimizing operational and regulatory risk by complying with Bank policy and Code of Conduct
Employee/Team Accountabilities
Responsible for management of the overall team providing both leadership and guidance
Contributes to the development of business line and/or enterprise functional strategic priorities within their operational area or field of specialty
Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
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 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 your business area/function and the bank, both internally and/or externally
Physical Requirements Domestic Travel – Occasional International Travel – Never Performing sedentary work – Continuous Performing multiple tasks – Continuous Operating standard office equipment - Continuous Responding quickly to sounds – Occasional
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Line Of Business Financial Crime Risk Management
Job Description The Senior Manager, Financial Crime Risk Business Oversight oversees the team and leads 2nd-line oversight activities and monitoring of the AML/ATF/Sanctions/ABAC compliance programs for covered TD businesses and legal entities, including managing critical program initiatives and handling complex/high-risk matters and escalations.
Department Introduction The Emerging Risk team, as part of the Business Oversight team provides horizontal support for activities within the purview of business oversight. The incumbent will help support review of all new business initiatives, regulatory change management and emerging risk identification. Additionally the incumbent will be part of a team that serves as the Program Risk function within Business Oversight.
Depth & Scope
Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance, supporting compensation decisions, promoting teamwork, and handling disciplinary actions, as required
Supports the development of a high-performance business oversight team as a member of the Leadership team
Oversees and leads a large and/or highly complex and diverse AML/ATF/Sanctions/ABAC function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
Provides oversight to programs for an assigned portfolio of complex and dynamic TD businesses and legal entities
Maintains highly specialized expertise and in-depth knowledge to manage AML/ATF/Sanctions/ABAC programs for multiple, significant complex businesses, functional areas and/or global business lines
Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
Manages and oversees the overall discipline and strategy for the AML/ATF/Sanctions/ABAC area while aligning to the enterprise best practices
Position typically deals with senior/executive management
Key contact for business management, regulators, and external/internal auditors, dealing with a broad range of issues including non-routine information
Focuses on longer-range planning for functional area (e.g., 12 months or greater)
May manage and prioritize multiple projects at a given time
Acts as highest point of team escalation for resolution and provides direction to resolve issues or elevate
Education & Experience
Undergraduate degree or equivalent work experience
10+ years experience
Preferred Skills
7 years of experience within the financial industry
2 years of experience interpreting data and drawing conclusions from various data sources
Familiarity with the Microsoft Suite
Experience in Excel
Strong communication skills and executive presence
Customer Accountabilities
Leads and manages a high performing team on delivery of AML/ATF/Sanctions/ABAC compliance programs and culture
Provides guidance, leadership, coaching and development to direct reports to ensure operational results and professional/personal development objectives are achieved
Provides strategic direction on a broad and diverse range of complex AML/ATF/ Sanctions/ABAC program activities
Proactively advises covered TD businesses of new and changed AML/ATF/Sanctions/ABAC regulatory and/or policy requirements and articulates the impact to their processes and controls
Contributes to the development and implementation of AML/ATF/Sanctions/ABAC Compliance programs
Works with senior business unit management/partners to develop proactive strategies, tactics, policies, and programs to effectively manage regulatory/compliance issues
Provides insight, guidance, and recommendations and acts as a specialized resource to other departments based on subject matter expertise including, but not limited to, customer identification and due diligence, enhanced due diligence, policy, governance, training and/or compliance assurance and testing
Manages and provides oversight on day-to-day operations of the department and participates in enterprise wide or Customer focused special projects on behalf of FCRM
Delivers subject matter expertise and AML/ATF/Sanctions/ABAC guidance to business management, including developing and maintaining management reporting and analysis
Coordinated and managed the team’s participation in regulatory examinations and internal/external audits, reviewing, packaging, and tracking and providing information for department executive
Shareholder Accountabilities
Develops and oversees the implementation of business line policies and procedures
Works closely with leaders to develop and operationalize the business plan and deliver on AML/ATL/Sanctions/ABAC programs across the enterprise
Plans and executes on strategic activities, reviews, and communicates results, and adjusts tactics accordingly
Proactively identifies key business opportunities, research, and recommends enhancements/modifications, develops strategies to achieve recommendations and works closely with team to execute and implement
Understands TDBG issues/parameters and guides others to protect the reputation and interest of TDBG by adhering to operating standards and processes related to AML/ATF/ Sanctions/ABAC
Provides oversight on risk assessment processes as required
Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions/activities as necessary
Keeps current on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Liaises with regulatory and law enforcement agencies on AML/ATF/Sanctions/ABAC examinations and related inquiries
Ensures employees are building and enhancing their knowledge and expertise; and employees assume responsibility in minimizing operational and regulatory risk by complying with Bank policy and Code of Conduct
Employee/Team Accountabilities
Responsible for management of the overall team providing both leadership and guidance
Contributes to the development of business line and/or enterprise functional strategic priorities within their operational area or field of specialty
Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
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 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 your business area/function and the bank, both internally and/or externally
Physical Requirements Domestic Travel – Occasional International Travel – Never Performing sedentary work – Continuous Performing multiple tasks – Continuous Operating standard office equipment - Continuous Responding quickly to sounds – Occasional
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