Senior Analyst, AML Risk Assessment

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 :
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.
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.
If you want to be a brand ambassador who can help strive efficiencies for the Bank, then join our team and make an impactful contribution to TD and your
own success.
Job Description :
The Analyst, GAML Risk Assessment, position reports directly to the Manager, GAML Risk Assessment, and supports the GAML Risk Assessment team with their technology, methodology execution, and relationship management accountabilities. The Analyst, GAML Risk Assessment, is responsible for supporting and maintaining the technology used for the enterprise-wide Money Laundering (ML), Terrorist Financing (TF), Anti-Bribery/ Anti-Corruption (ABAC), and Sanctions Risk Assessment program and framework in accordance with regulatory and internal requirements, and for providing oversight and support for ML-TF, ABAC, and Sanctions risk assessments for business units/ entities across TD Bank Group (TDBG). In addition, the Analyst, GAML Risk Assessment, is responsible for contributing specialized expertise towards the development, deployment, and support of the overall ML-TF, ABAC, and Sanctions risk assessment processes across TDBG.

Roles and Responsibilities:

• Support management with End User Computing (EUCs) Access databases and Excel-based tool used to drive GAML Risk Assessments, including: development and ongoing administration and maintenance of the tools (e.g. reconfiguration, access management, problem resolution); technical testing; documentation of procedures or manuals; creating and delivering training to support change management activities. Manage the relationship with relevant teams to ensure technology compliance of databases developed to TD EUC, regulatory, and Internal Audit requirements.
• Document requirements for ML-TF, ABAC, and Sanctions risk assessment tools and tool strategy, as assigned.
• Interact routinely with GAML teams/ areas, and Risk Assessment management and staff, in the evaluation, development, deployment, and support of the ML-TF, ABAC, and Sanctions risk assessment processes.
• Share standardized requirements and format to the Advisory teams for business-generated data and support the collection and distribution of centralized data. Support data strategies to produce results based on consistent, reproducible data with clear data lineage.
• Supports the quality assurance (QA) and quality control (QC) within the Risk Assessment team as well as QA and QC completed for the Risk Assessment cycle. This can include running analytic-based QC checks on submitted data.
• Support GAML Risk Assessment team in reporting responsibilities, including development of reports, data extraction, transformation, and analysis, as well as maintain shared repositories of supporting documentation.
• Support the Manager, GAML Risk Assessment, to ensure the enterprise-wide ML-TF, ABAC, and Sanctions risk assessment program is effective, consistently deployed and maintained, and understand risk identification, risk analysis and risk mitigation according to the regulatory requirements and best business practices.
• Work with the GAML Risk Assessment team to refine processes and active involvement in the recalibration process.
• Monitor ML-TF, ABAC, and Sanctions industry developments and maintain knowledge of new and amended ML-TF, ABAC, and Sanctions laws and regulations pertaining to risk assessments.
• Escalate issues/challenges by the GAML Risk Assessment staff, GAML Teams, Global Sanctions & ABAC Centre of Excellence and respective staff and reports them in a timely manner to management.

Job Requirements :

• Undergraduate degree or progressive work experience (5+ years relevant experience).
• ACAMS certification is considered an asset.
• Work experience in a second line compliance / risk management function is considered an asset.
• An understanding of ML-TF, ABAC, and Sanctions risk assessment (customer, product, geography, delivery channels) best practices is considered an asset.
• Understanding of global best practices and global AML-TF, ABAC, and Sanctions regimes and emerging trends.
• Working experience with relational database concepts (SQL programming).
• Knowledge of and experience with MS Access and databases.
• Proficiency with MS Office (e.g., Excel, PowerPoint, TEAMs, and Word).
• Strong analytical and organizational skills; ability to organize and bring to order data and information, drawing conclusions and making appropriate recommendations.
• Strong communication skills with the ability to synthesize information, distill and communicate complex information (written and oral), adapting to the needs of the audience (including executives and stakeholders) draft reports, procedures, presentations, and business correspondence, as well as present information and respond to questions/requests for information from peers, senior management, and business groups within and across GAML.
• Good interpersonal skills and ability to work in a cross-functional team environment to assist with the interaction of risk assessment stakeholders for the execution of the TDBG’s overall ML-TF, ABAC, and Sanctions risk assessment program.
• Flexible with the ability to adapt to change and take initiative to complete job requirements while balancing competing workload requirements.
• Strong process improvement and development skills to automate and refine manual processes.
• Ability to work independently, apply critical thinking, and to exercise sound judgement in making decisions and escalating, as appropriate.
• Ability to work in a fast-paced, deadline focused environment and manage deadlines while multi-tasking between different projects.
• Ability to challenge and influence others’ actions and decisions without express authority.
• Ability to handle confidential information with discretion.
• Excellent attention to detail.
• Ability to identify and recommend process improvements and/or automation opportunities to enhance the productivity and operational efficiency of the team.
• Organized, self starter with a high degree of personal initiative and integrity.
• Project management, interpersonal, and problem-solving skills with a proven ability to develop, coordinate, and implement projects plans and activities to completion.

Additional Information :

• Contribute to a positive, ethical, respectful, inclusive working environment and communicate openly with others.
• This position provides marked support to the Manager, GAML Risk Assessment, and may coach and guide other GAML Risk Assessment team members.
• Participate in / support enterprise-wide or GAML focused projects, as needed.
• Represent GAML Risk Assessment on projects/initiatives, as required, in the context of the risk assessment methodology/process, as assigned.
• Support the GAML Risk Assessment team in regulatory examinations and external/internal audits with respect to request for information, reviewing, packaging, submitting information to the requesting party.
• Support the review and update of the methodologies – maintain repository of feedback and prepare for executive review.
• Draft and facilitate stakeholder communications, reporting and presentations (e.g., GAML Risk Assessment Working Group and training sessions).
• Support integration of new acquisitions into the GAML Risk Assessment process.
• Support Manager, GAML Risk Assessment in growing the team’s expertise to align with enterprise demand and direction by sharing knowledge, information, skills, and subject matter expertise.
• Support Manager, GAML Risk Assessment, in fostering a cohesive team and the promotion of a positive work environment.
• Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes. Proactively identify matters that require additional attention, a change in status, or further escalation or review, and liaise with the appropriate partner to rectify same.
• Act as a brand ambassador for risk assessment, GAML and the bank, both internally and/or externally, as needed.
• Other duties, as assigned.

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.

• Support management with End User Computing (EUCs) Access databases and Excel-based tool used to drive GAML Risk Assessments, including: development and ongoing administration and maintenance of the tools (e.g. reconfiguration, access management, problem resolution); technical testing; documentation of procedures or manuals; creating and delivering training to support change management activities. Manage the relationship with relevant teams to ensure technology compliance of databases developed to TD EUC, regulatory, and Internal Audit requirements.
• Document requirements for ML-TF, ABAC, and Sanctions risk assessment tools and tool strategy, as assigned.
• Interact routinely with GAML teams/ areas, and Risk Assessment management and staff, in the evaluation, development, deployment, and support of the ML-TF, ABAC, and Sanctions risk assessment processes.
• Share standardized requirements and format to the Advisory teams for business-generated data and support the collection and distribution of centralized data. Support data strategies to produce results based on consistent, reproducible data with clear data lineage.
• Supports the quality assurance (QA) and quality control (QC) within the Risk Assessment team as well as QA and QC completed for the Risk Assessment cycle. This can include running analytic-based QC checks on submitted data.
• Support GAML Risk Assessment team in reporting responsibilities, including development of reports, data extraction, transformation, and analysis, as well as maintain shared repositories of supporting documentation.
• Support the Manager, GAML Risk Assessment, to ensure the enterprise-wide ML-TF, ABAC, and Sanctions risk assessment program is effective, consistently deployed and maintained, and understand risk identification, risk analysis and risk mitigation according to the regulatory requirements and best business practices.
• Work with the GAML Risk Assessment team to refine processes and active involvement in the recalibration process.
• Monitor ML-TF, ABAC, and Sanctions industry developments and maintain knowledge of new and amended ML-TF, ABAC, and Sanctions laws and regulations pertaining to risk assessments.
• Escalate issues/challenges by the GAML Risk Assessment staff, GAML Teams, Global Sanctions & ABAC Centre of Excellence and respective staff and reports them in a timely manner to management