Manager, AML Advisory

at  TD Bank

Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Anti Money Laundering
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:
Department Overview :
At TD Global Anti-Money Laundering, 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.
Anti-Money Laundering (AML) Advisory is the team that acts as the primary contact providing counsel on AML and anti-terrorist financing policies and standards. AML Advisory ensures that program activities align with TD’s risk philosophy and strategic direction.
The Global Transaction Banking (GTB) AML Advisory team, which is part of TD Securities (TDS) Wholesale Banking AML Advisory, is responsible for providing AML and Sanctions advisory support and oversight for Correspondent Banking, Trade Finance, Corporate Cash Management and Export Agency Finance business lines within Global Transaction Banking in TDS.
Job Description :
The Manager, AML Advisory oversees responsibility for the maintaining of AML/ATF (Anti-Terrorist Financing)/Sanctions/ABAC (Anti-Bribery/Anti-Corruption) compliance programs for TD businesses and legal entities across the Bank, including full coverage for global TD businesses where applicable. This role manages all high-risk initiatives and critical issues.

In addition, you will:

• Proactively advise the business of new and changed AML regulatory and/or policy changes and articulate the impact to their processes and controls
• Contribute to the development and implementation of AML Compliance programs related to all aspects of AML and ATF laws
• Work with senior business unit management/partners to develop proactive strategies, tactics, policies and programs to effectively manage regulatory / compliance issues
• Keep current on 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
• Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams
• Manage and prioritize multiple projects at a given time

Specific responsibilities include:

• Provide oversight to programs for an assigned portfolio of complex and dynamic TDS businesses and legal entities;
• Provide AML and sanctions advice to GTB Front Office and Operations teams on transaction escalations, new products, complex clients and/or transactions, changes to AML and sanctions processes/controls and business initiatives and projects with AML or sanctions impact;
• Manage and oversee the quarterly review of payment reports to identify and follow-up on travel rule exceptions;
• Responsible for development and delivery of specialized AML and sanctions training for Correspondent Banking and Trade Finance businesses;
• Review Requests for Information (RFIs) to be sent to Correspondent Banking clients, based on findings from payment reviews and/or ad hoc investigations and assess RFI responses;
• Prepare the AML/KYC and sanctions questionnaires or inquiries from Correspondent Banking clients;
• Review Trade Finance irregular transaction escalations to ensure they are actioned appropriately;
• Review the enhanced due diligence and transaction monitoring escalations to the TDS AML Advisory Team;
• Participate as an AML SME in projects and initiatives led by the business and/or Global AML;
• Develop and generate MI/BI reports to analyze Correspondent Banking and Trade Finance activity to provide monthly and quarterly reports to senior executives;
• Review complex payment analysis on Correspondent Banking clients on incoming SWIFT payments
• Lead Enterprise-wide annual risk assessment process for GTB
• Provide direct support for any inquiries and interviews from internal audit examinations or/and regulatory examinations
• Undertake periodic update of internal team procedures
• Perform periodic monitoring and reporting on effectiveness of AML/ATF controls

Job Requirements :

• University degree/college diploma or equivalent
• years of relevant experience
• Advanced knowledge of variety of wholesale banking products, services, systems, standards, procedures, laws, rules and regulations, preferably in Correspondent Banking, Trade Finance and Payments
• Familiar with the capability of analytical software tools, data analysis methods and reporting techniques
• Ability to establish goals and objectives that support the strategic plan while leading, planning, implementing and evaluating program/project activities to ensure completion
• Ability to work collaboratively and build relationships across teams and functions
• Potential to handle confidential information with discretion
• Strong communication skills with the ability to pay high attention to detail

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
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:
Ce poste n’exige pas la maîtrise d’une langue autre que le français./ This position does not require proficiency in a language other than French.

• Provide oversight to programs for an assigned portfolio of complex and dynamic TDS businesses and legal entities;
• Provide AML and sanctions advice to GTB Front Office and Operations teams on transaction escalations, new products, complex clients and/or transactions, changes to AML and sanctions processes/controls and business initiatives and projects with AML or sanctions impact;
• Manage and oversee the quarterly review of payment reports to identify and follow-up on travel rule exceptions;
• Responsible for development and delivery of specialized AML and sanctions training for Correspondent Banking and Trade Finance businesses;
• Review Requests for Information (RFIs) to be sent to Correspondent Banking clients, based on findings from payment reviews and/or ad hoc investigations and assess RFI responses;
• Prepare the AML/KYC and sanctions questionnaires or inquiries from Correspondent Banking clients;
• Review Trade Finance irregular transaction escalations to ensure they are actioned appropriately;
• Review the enhanced due diligence and transaction monitoring escalations to the TDS AML Advisory Team;
• Participate as an AML SME in projects and initiatives led by the business and/or Global AML;
• Develop and generate MI/BI reports to analyze Correspondent Banking and Trade Finance activity to provide monthly and quarterly reports to senior executives;
• Review complex payment analysis on Correspondent Banking clients on incoming SWIFT payments
• Lead Enterprise-wide annual risk assessment process for GTB
• Provide direct support for any inquiries and interviews from internal audit examinations or/and regulatory examinations
• Undertake periodic update of internal team procedures
• Perform periodic monitoring and reporting on effectiveness of AML/ATF control