Director – Senior AML Financial Crime Risk Oversight Specialist - Prime Brokerage

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$175,000 - $195,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

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:

Preferred Qualifications:

The Director – TDS, Senior AML Financial Crime Risk Oversight Specialist will provide AML compliance support for all aspects of the TD Prime Services business, Prime Brokerage ("PB"), which include but are not limited to client on-boarding, enhanced due diligence review, stock deposit documentation review and transaction monitoring.  The role supports a high-profile regulation and requires interaction with members of the PB business, Financial Crime Risk Management Group, Market Compliance, PB Operations and Governance and Control to ensure compliance with AML mandates and regulatory requirements.

Primary responsibilities are as follows: 

• Manage AML/sanctions risk ensuring appropriate controls are in place and update procedures, as applicable.
• Provide guidance to the PB business and Operations relating to client on-boarding issues.
• Review customers' enhanced due diligence reports and escalate any concerns to the Head of AML.
• Conduct on-going enhanced due diligence reviews for high-risk clients.
• Conduct in-depth review of stocks requested for deposits and provide recommendation accordingly.
• Monitor customer transactions for unusual activities; and
• Draft Suspicious Activity Reports.

• Participate in global projects, including assisting the Head of AML with adherence to enterprise-wide global initiatives including global policies and governance.
• Assist with regulatory and audit requests.

Qualifications/Competencies/Accreditation:

• 4 years college/university Degree.
• Minimum of 10 years+ AML experience in the Prime Brokerage space.
• Strong working knowledge of Bank Secrecy, Anti-money Laundering, USA Patriot Act and OFAC regulations.
• Strong regulatory research background and verbal and writing skills; and
• Experience with automated surveillance system Actimize a plus.

The AML Advisory job family consists of Global Anti-Money Laundering (GAML) teams that act as trusted advisors to assigned Business Lines and Corporate Office areas. These teams also act as the primary contact providing ongoing counsel and support on Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) matters. The Advisory team supports the AML compliance framework by providing guidance to, and oversight of, the Business’ implementation of current Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) polices and standards. The GAML teams ensure that Business Lines’ AML/ATF program activities align with TD’s corporate risk philosophy and strategic direction.

Depth & Scope:

• Helps to oversee and lead a large and/or highly complex and diverse AML/ATF function for an area of significant risk, complexity or scope while helping to grow talent and develop skills and capabilities to achieve career goals, support project/initiative success and achieve business results
• Provides oversight of 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 programs for multiple, significant complex businesses, functional areas and/or global business lines
• Provides coaching, mentorship and guidance to practitioners, business and executives within area of expertise
• Helps to oversee the overall discipline and strategy for the AML/ATF area while aligning to the enterprise best practices
• Frequently interacts with senior/executive management
• Acts as a 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 g