Director of Payment Product Risk

Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$135,000 - $225,000 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:

TD Securities (TDS) is one of the world's leading financial institutions. It provides a full suite of products and services to corporate, retail, and institutional clients. TD employees are unique individuals whose varied talents and experiences bring value to the way they deliver for the franchise. Whether you are analytical or creative, business savvy or a people person, TD provides an ideal opportunity to succeed.
The Payment and Data Product Excellence team, part of the Global Operations and Business Services unit, is responsible for the strategy and execution of Global Payments, with a focus on initiatives that create business value while building toward our Payments Platform target state vision. The team is charged with ownership of the Payments Platform and associated capabilities that can be leveraged across all lines of business, in all of the markets that TD participates in (Global Markets, Corporate and Investment Banking, Global Transaction Banking, Commercial and Business Banking, and Retail Banking).  

We are seeking a highly experienced, innovative Payments Risk Product Owner. You will drive efforts related to both improving and developing AML and compliance processes for Payments products to address gaps/risks identified across all Payments Compliance area. You will work closely with senior leadership, manage multiple workstreams, and employ your expertise in ensuring that our Payments platform is effective and efficient and able to achieve business results while also staying at the highest levels of compliance. You will work with other TD groups to help build innovative scalable AML/compliance systems, policies and internal controls. 

Job Requirements :

• Drive end-to-end requirement to comply with Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Legislation, Sanctions.
• Support new product launches and cross-functional initiatives driven by Regulatory requirements and payment platform initiatives, by: i) Understanding product risks and regulatory requirements ii) Defining controls requirements to mitigate the risk ii) Driving the controls implementation through collaboration with partners across product, tech, QA, Compliance, Data and Operations teams to build effective AML process/rules across payments products.
• Own the strategy to leverage various detection and deterrent tactics for sanctions screening, rules orchestration, alerts, regulatory reporting, ex-ante and ex-post techniques to minimize the bank’s exposure.
• End-to-end business analysis over project lifecycle, developing user stories, acceptance and exit criteria, test cases, business capability maps and implementation roadmaps
• Identify and document stakeholder requirements to meet or exceed critical product SLAs while meeting our rigorous risk and compliance standards.
• Clearly summarize, document, and communicate findings and recommended action items in a timely manner to compliance management and/or other internal stakeholders when appropriate.
• Maintains a culture of risk management and control, supported by effective processes and sound infrastructure an in alignment with risk appetite.
• Work closely with subject matter experts, engineering, and additional stakeholders to own the Sanctions and AML products beginning to end: vision, rollout, and backlog.
• Partner with multiple teams in an agile delivery environment, including Channels, Payments, Core Banking, and Data product teams.
• Manage engagement of key stakeholders and drive adoption of recommendations and solutions
• Deliver quality deliverables and manage to aggressive timelines, managing concurrent priorities and projects.
• Be part of a high performing team and drive successful implementations.

Additional Information :

• Bachelor's degree or work experience equivalent to Bac