Senior FCRM Compliance Officer - Prime Brokerage Oversight

Work Location

New York, New York, United States of America

40

Compliance

$100,000 - $115,000 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  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.

Senior FCRM Compliance Officer

Director, Financial Crime Risk Oversight, TD Securities, US

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 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.

• 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 Senior FCRM Compliance Officer is responsible for supporting the firm’s FCRM program and plays a key role within U.S. FCRM TDS Business Oversight.

• Demonstrate governance, control and risk management behaviors aligned with TD policies and practices.
• Support oversight activities for the US Prime Brokerage business, including new business and product initiatives, customers and transactions.
• Develop working relationships with line of business and operational support partners by providing oversight guidance on various issues.
• Timely recognition of issues or concerns requiring escalation.
• Assist with onboarding inquiries for prospective US Prime Brokerage customers.
• Where required, advise Investigations' reviews of potentially suspicious activity, providing subject‑matter knowledge to support the investigations process.
• Gain working knowledge of other business lines within the TDS space.
• Participate in the annual enterprise‑wide AML/BSA/Sanctions/ABAC risk assessment process, as required.
• Conduct targeted AML/OFAC training, as appropriate.
• Conduct periodic testing of AML functions as mandated by the Periodic AML Testing Program.
• Participate in special projects, including assisting with adherence to enterprise‑wide initiatives including global policies and governance.
• Assist with regulatory and audit requests.
• Provide backup to general AML compliance functions such as surveillance reviews, section 312 reviews and TD affiliates due diligence reviews.
• Complete all tasks within required time frames.

• Bachelor’s degree required (exceptional candidates demonstrating an equivalent combination of relevant education and experience will be considered).
• 5 to 7 years of knowledge and experience in FCRM compliance, preferably within the prime brokerage division of a large financial institution.
• Strong verbal and written communicator with detailed oriented nature.
• Strong subject matter knowledge of compliance risks and controls for a financial institution; focus on…