Senior Manager KYC High Risk Reviews

TD Bank Group; New York (NY); On-site; USD 115,000 - 186,000; Full time

Job summary

TD Bank Group in New York, NY invites applications for the Senior Manager, KYC High Risk Reviews role within the FCRM Know Your Customer program. You will lead the high-risk review team, oversee enhanced due diligence, and coordinate with frontline and risk partners to ensure regulatory compliance across the customer lifecycle.

Responsibilities include setting governance, monitoring metrics, coaching staff, and communicating findings to senior management.

Qualifications

• 10+ years experience in a related risk/compliance function.
• ACAMS preferred.
• Strong knowledge of KYC and Enhanced Due Diligence (EDD) processes and regulations.
• Ability to manage timelines, multiple projects and priorities.
• Ability to develop and generate effective presentations, metrics and reporting.

Responsibilities

• Leads and manages a high performing AML/KYC team delivering high risk reviews.
• Oversees 2nd-line oversight activities and monitoring of compliance programs.
• Provides governance, reporting and escalation for complex risk areas.
• Interacts with business management, regulators, and auditors on risk matters.
• Senior leadership focus with longer-range planning for the function.

Skills

KYC knowledge

EDD processes

Regulatory knowledge

Education

Undergraduate degree or equivalent

Job description

Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$115,440 - $186,160 USD

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.

Line of Business:

The Financial Crimes Risk Management (FCRM) Know Your Customer (KYC) Program Team is responsible for the establishment and ongoing oversight of an effective KYC Program for TD Bank US Holdings. The KYC Program Team is tasked with setting consistent requirements for the bank to reasonably 'know its customers' and evaluate the risks associated with a customer relationship throughout the customer lifecycle.

The primary responsibility of the KYC High Risk Reviews team is to execute enhanced due diligence (EDD) reviews for high-risk customers at the bank. The team is responsible for managing procedures and escalations related to high-risk customers, including analysis of customer behavior and activity of concern, in compliance with KYC policy and regulatory requirements. The team engages with the 1st line of defense on the outcomes of EDD reviews, QA validation, management of issues, and guidance related to high-risk customer types and associated activity. The team is also responsible for establishing the governance, reporting, and monitoring routines necessary to adequately execute the KYC High Risk Reviews program.

The Senior Manager, KYC High Risk Reviews oversees the team and leads 2nd-line oversight activities and monitoring of the AML/ATF/Sanctions/ABAC compliance programs for covered TD businesses and legal entities, including managing critical program initiatives and handling complex/high-risk matters and escalations.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance, supporting compensation decisions, promoting teamwork, and handling disciplinary actions, as required
• Supports the development of a high-performance business oversight team as a member of the Leadership team
• Oversees and leads a large and/or highly complex and diverse AML/ATF/Sanctions/ABAC function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, support project/initiative success and achieve business results
• Provides oversight to programs for an assigned portfolio of complex and dynamic TD businesses and legal entities
• Maintains highly specialized expertise and in-depth knowledge to manage AML/ATF/Sanctions/ABAC programs for multiple, significant complex businesses, functional areas and/or global business lines
• Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
• Manages and oversees the overall discipline and strategy for the AML/ATF/Sanctions/ABAC area while aligning to the enterprise best practices
• Position typically deals with senior/executive management
• Key contact for business management, regulators, and external/internal auditors, dealing with a broad range of issues including non-routine information
• Focuses on longer-range planning for functional area (e.g., 12 months or greater)
• May manage and prioritize multiple projects at a given time
• Acts as highest point of team escalation for resolution and provides direction to resolve issues or elevate

Education & Experience:

• Undergraduate degree or equivalent work experience
• 10+ years experience

Preferred Qualifications :

• ACAMS preferred
• Experience working in a challenge (QA/Testing) or advisory/oversight function with direct exposure to Customer Risk/ Know Your Customer (KYC) Processes.
• Strong knowledge of KYC and Enhanced Due Diligence (EDD) processes and regulations
• Ability to manage timelines/deadlines, multiple projects and prioritize tasks
• Ability to develop and generate effective and accurate presentations, metrics and reporting

Customer Accountabilities:

• Leads and manages a high performing team on delivery of AML/ATF/Sanctions/ABAC compliance programs and culture
• Provides guidance, leadership, coaching and development to direct reports to ensure operational results and professional/personal development objectives are achieved
• Provides strategic direction on a broad and diverse range of complex AML/ATF/ Sanctions/ABAC program activities
• Proactively advises covered TD busi