Director, Corporate & Investment Banking Oversight

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$160,000 - $190,000 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.

Job Description:

Position:               Director, Corporate & Investment Banking Oversight, US FCRM TDS Business Oversight

Reports to:           AVP, Head of FCRM Oversight, TD Securities, US

Position Summary

The U.S. FCRM TDS Business Oversight team supports TD Securities in developing, implementing, and maintaining a robust financial crime risk management ("FCRM") program that meets regulatory requirements and mitigates financial crime risk. This involves providing guidance on regulatory compliance, close partnership with business and legal, and operationalizing requirements and regulations for the Wholesale business. The team provides oversight and advice across the full spectrum of TDS customers, products, transactions, and FCRM-related processes. The team mandate includes regulatory compliance, program remediation, risk management, and program development. Key components are:

• Design, implement, enhance and maintain the TDS U.S. FCRM program.

• Advise TDS Operations and other 1st line support functions on interpretation of and compliance with applicable financial crime laws, regulations, and guidance.

• Provide oversight of, and credible challenge to, the first line of defense.

• Provide customized training and to ensure that employees remain informed about changes in financial crime regulations and emerging money laundering typologies.

• Assess and opine on financial crime risks of new products and mandates.

The Director, Corporate & Investment Banking Oversight, is responsible for supporting the firm’s FCRM program and plays a key role within U.S. FCRM TDS Business Oversight. 

Primary duties include:

• Demonstrate governance, control and risk management behaviors aligned with TD policies and practices.

• Lead US FCRM TDS Business Oversight efforts, providing advisory and oversight for the Corporate & Investment Banking business within TD Securities, US.

• Support the AVP, Head of TDS US FCRM in assessing financial crimes-related risks within the US CIB business, considering the people, process, data, system and policy impacts.

• Provide advice to the business on AML requirements across customers, products and transactions.

• Provide oversight and challenge to first-line financial crime-related activities.

• Coordinate with other US and global FCRM teams, business and operations stakeholders, and risk and audit partners to ensure successful delivery of program requirements.

• Assist with regulatory and audit requests.

• Provide backup to general AML compliance functions as needed.

Qualifications/Skills/Experience

• Excellent verbal and written communicator with detailed oriented nature and strong editing skills.

• Bachelor’s degree required (exceptional candidates demonstrating an equivalent combination of relevant education and experience will be considered).

• Graduate level study preferred.

• 10 or more years of knowledge and experience in AML compliance including within Wholesale financial services, preferably with a large financial institution.

• Must have strong subject matter knowledge of financial crime risks and controls relating to corporate and investment banking, with a preference for candidates also displaying this knowledge through transformation or other change initiatives.

• Demonstrated knowledge of and experience overseeing transaction banking products is highly desirable.

• Ability to identify and evaluate potential risks to the Firm and escalate accordingly.

• Strong project management and strategic thinking skills.

• Proficiency with Microsoft Word,