Financial Crime Risk Oversight Specialist, Global Transaction Banking

Location: New York

** Position:
** Financial Crime Risk Oversight Specialist, Global Transaction Banking
* Design, implement, enhance and maintain the TDS U.S. FCRM program.
* Advise TDS Operations and other 1st line support functions on interpretation of and compliance with applicable financial crime laws, regulations, and guidance.
* Provide oversight of, and credible challenge to, the first line of defense.
* Provide customized training and to ensure that employees remain informed about changes in financial crime regulations and emerging money laundering typologies.
* Assess and opine on financial crime risks of new products and mandates.
* Demonstrate governance, control and risk management behaviors aligned with TD policies and practices.
* Provide advisory and oversight support to the Global Transaction Business, including for new products and initiatives, and customer and transaction escalations and inquiries.
* Provide advice to the business on AML requirements across customers, products and transactions.
* Provide quality evaluations and enhancements of exception reports when needed.
* Where required, support investigations into potentially suspicious activity, drafting SARs as well as documenting cases that did not result in the filing of a SAR.
* Participate in the annual enterprise-wide AML/BSA/Sanctions/ABAC risk assessment process.
* Conduct targeted AML/OFAC training, as appropriate.
* Conduct periodic testing of AML functions as mandated by the Periodic AML Testing Program.
* Participate in special projects, including assisting with adherence to enterprise-wide initiatives including global policies and governance.
* Assist with regulatory and audit requests.
* Provide backup to general AML compliance functions such as surveillance reviews, section 312 reviews and TD affiliates due diligence reviews.
* Complete all tasks within required time frames.
* Bachelor’s degree required (exceptional candidates demonstrating an equivalent combination of relevant education and experience will be considered).
* 7 to 10 years of knowledge and experience in AML compliance, preferably with a large financial institution or payments business.
* Excellent verbal and written communicator with detailed oriented nature.
* Must have strong subject matter knowledge of financial crime risks and controls relating to payments and transaction banking.
* Ability to identify and evaluate potential risks to the Firm and escalate accordingly.
* Strong project management and strategic thinking skills.
* Proficiency with Microsoft Word, Excel and PowerPoint.
* Senior specialist with AML/ATF/Sanctions/ABAC expertise, works independently and is accountable for managing a specialized AML/ATF/Sanctions/ABAC function or area
* Provides comprehensive coverage for a significant business or functional area across all legal entities and jurisdictions where TD operates
* Provides AML/ATF/Sanctions/ABAC advice to a business as FCRM representative on a complex project or change initiative
* Provides advanced analysis and/or specialized reporting to support business partners, functional areas, or centers 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/ATF/ Sanctions/ABAC area and business requirements
* Contact 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
* Undergraduate degree or equivalent work experience
* 7+ years experience
* Provides expert/specialized regulatory compliance and prudential risk management guidance on AML/ATF/Sanctions/ABAC matters affecting covered TD businesses
* 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…