Financial Crime Risk Analyst II

TD; Toronto; On-site; CAD 70,000 - 98,000; Full time

Job summary

TD in Toronto, Ontario, is seeking a customer-focused FCRM professional to provide research, evaluation, and analytical support to the business’s strengthening control functions.

The role requires experience with Enhanced Due Diligence, regulatory requirements, and collaboration with multiple FCRM partners; strong communication and data-analysis skills are essential for timely reporting and risk mitigation.

Qualifications

• Minimum 3+ years of EDD reviews for High-Risk Customers (HRC) including PEPs.
• Experience in Capital Markets, Correspondent Banking or Wholesale Banking is a strong asset.
• Experience in Quality Assurance, Quality Control, Audit or second-line testing is an asset.
• Understanding of STR regulatory requirements and RGS thresholds; assess investigative conclusions.
• Undergraduate degree or equivalent work experience.
• CAMS, CFCS or equivalent financial crime certifications are assets.

Responsibilities

• Provide FCRM research, evaluation, operational, reporting and/or analytical support to FCRM partners.
• Coordinate requests to and from FCRM partners.
• Assist in preparing summaries, reports and presentations for management and regulators.
• Recommend responses to enterprise FCRM program questions and elevate sensitive issues.
• Analyze data and draw conclusions for program health reporting.
• Analyze regulatory trends and provide recommendations to rectify gaps.
• Identify matters requiring additional review and liaise with staff to resolve.
• Coordinate tracking and reporting of FCRM initiatives and programs.

Skills

EDD reviews

Regulatory requirements

Quality Assurance

CAMS/CFCS certs

Data analysis

Education

Undergraduate degree or equivalent

CAMS/CFCS certifications asset

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

$69,700 - $98,400 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

CUSTOMER

• Provide FCRM research, evaluation, operational, reporting and/or analytical support in oversight, advisory services and control function to business (FCRM) partners, in a timely manner
• Co-ordinate requests to and from, business (FCRM) partners
• Assist in the preparation of summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders
• Recommend responses to enterprise FCRM Program questions and immediately elevate any sensitive issues according to departmental procedures
• Analyze data and draw conclusions to meet program health reporting requirements
• Analyze emerging trends pertaining to regulatory changes, reporting or other departmental functions and provide recommendations to enhance or rectify FCRM related gaps, issues and enhancements
• Proactively identify matters requiring additional review, escalation, and liaise with appropriate staff to resolve, as appropriate
• Coordinate tracking and reporting of FCRM function initiatives and programs

SHAREHOLDER

• Prioritize and manage own workload to meet SLA requirements for service and productivity
• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; elevate issues where appropriate
• Protect the interests of the organization - identify and manage risks, and elevate non-standard, high-risk transactions / activities as necessary
• Acquire and apply expertise in the FCRM discipline, provide guidance, assistance and direction to other FCRM partners
• Identify, recommend and effectively execute standard practices applicable to the FCRM discipline
• Keep abreast of emerging issues, trends, and evolving regulatory requirements
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Adhere to internal policies/procedures and applicable regulatory guidelines
• Coordinate with other FCRM partners and compliance partners to ensure consistence in the application of FCRM

EMPLOYEE / TEAM

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including cross training within own team
• Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand champion for your function and the bank, both internally and/or externally
• Grow knowledge of the business, related tools and techniques

BREADTH & DEPTH

• Experienced professional role providing specialized guidance/ assistance/support to functions/FCRM teams
• Independently perform activities from end to end
• Require advanced understanding of a range of product and services, processes, procedures, systems and concepts within their own area of specialty and integration points with related areas
• Manage ambiguity, and apply judgement to identify, troubleshoot and resolve ongoing business and operational issues
• Interpret and administer policies, adopts and implements business process improvements
• Guided by practices, procedures and operating plans, makes process and capacity management decisions to ensure ongoing operations
• Moderate level of complexity in operational / reporting / process and/or analysis function requiring a short to medium term focus
• Generally, reports to a Manager, FCRM Quality Assurance

EXPERIENCE & EDUCATION

• Minimum 3+ years of experience conducting Enhanced Due Diligence (EDD) reviews for High-Risk Customers (HRC), including Politically Exposed Persons (PEPs) and high-risk industries
• Experience performing EDD/AML reviews within Capital Markets, Correspondent Banking, and/or Wholesale Banking environments is considered a strong asset
• Experience in Quality Assurance, Quality Control, Audit or second-line testing functions is an asset
• Understanding of Suspicious Transaction Report (STR) regulatory requirements and Reasonable Grounds to Suspect (RGS) thresholds, including experience assessing investigative conclusions and regulatory reporting decisions.
• Undergraduate degree or equivalent work experience
• Professional certifications such as CAMS, CFCS, or equivalent financial crime certifications are considered an asset

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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.

If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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.

Language Requirement (Quebec only)

Sans Objet