TD Internship – Global Anti-Money Laundering (May 2024 to Dec 2024)

at  TD Bank

Work Location:
Singapore, Singapore
Hours:
40
Line of Business:
TD General
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:
TD Bank Group

Headquartered in Toronto, Canada, with approximately 95,000 employees around the world, the Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD offers a full range of financial products and services to over 26 million customers worldwide through three key business lines:

• Canadian Retail including TD Canada Trust, Business Banking, TD Auto Finance (Canada), TD Wealth (Canada), TD Direct Investing and TD Insurance
• U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in Schwab
• Wholesale Banking including TD Securities

TD had CDN$1.9 trillion in assets on July 31, 2023. TD also ranks among the world’s leading online financial services firms, with more than 16 million active online and mobile customers. The Toronto-Dominion Bank trades on the Toronto and New York stock exchanges under the symbol “TD”.
In Singapore, TD operates as The Toronto-Dominion Bank, Singapore Branch and Toronto Dominion (South East Asia) Limited, which are collectively known as “TD Singapore” since 1979. The key business in Singapore is TD Securities which is part of Wholesale Banking.
Internship Program
The Intern will gain a good understanding of the AML Compliance function and its vital role in handling the Anti-Money Laundering / Anti-Terrorist Financing (‘ATF’) regulatory risk for the Bank. In addition, the intern will also gain experience through interactions with business and support functions and operationalization of AML/CFT regulatory requirements.
Objectives

The Intern will seek to gain a strong understanding of the following:

• Using technology to extract and process client/account data for internal management reporting
• Understanding and assessing the impact of AML / ATF regulatory change on the Bank
• Assisting in the operationalization of AML regulatory change
• Involvement in AML compliance initiatives to appreciate AML /ATF regulatory and compliance obligations in the Asia-Pacific region
• Assisting in the review of AML/ATF reporting provided by Head Office as part of our oversight of controls performed for the region (e.g. Transaction Monitoring & Sanction Screening)
• Assisting in the ‘Enhanced Due Diligence’ reviews on high risk customer files for the Asia-Pacific business

Attributes

The person should possess the following attributes:

• Organized, diligent with an eye for details
• Outstanding written and oral communication skills
• Possess excellent time management and skills and comfortable with handling multiple deliverables at a time
• Proficient in Microsoft office suite of products (Word, Excel, PowerPoint)
• VBA/Python knowledge is not required but preferred
• Be able to build progressive relationships with stakeholders globally

Requirements

• Year 2 and Year 3 Undergraduates
• Full time internship commencing from May to December 2024

Inclusiveness
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve and creating an environment where every employee has the opportunity to reach their potential.
Who We Are
TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.
Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.
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 If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs

Please refer the Job description for details