Financial Crime Risk Analyst II - KYC

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$29.75 - $47.75 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.

Line of Business:

Financial Crime Risk Management

Job Description:

This role is not eligible for TD work visa support or sponsorship (e.g., H-1B, F-1 OPT/STEM OPT, TN or other work visa authorizations). Applicants must have authorization to work in the United States without current or future need for TD sponsorship.

The Financial Crime Risk Analyst II role provides a range of analytical, research and assessment support to the development of and enhancements to the enterprises FCRM programs and processes. This role may interact with key stakeholders and third-party service providers to deliver AML/ATF/Sanctions/ABAC programs that satisfy regulatory requirements. Additionally, this role assists in reviewing higher risk customer or transactional information.

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, management of issues, and guidance related to high-risk customer types and associated activity.

To be successful in this role, you will need to know the difference between investigations, EDD and CDD and have conducted complicated EDD in your current or past roles. This role is more focused on EDD experience rather than an investigative role.

Depth & Scope:

* Experienced professional role providing specialized guidance/assistance/support to functions/FCRM teams

* Independently performs activities from end-to-end

* Requires advanced understanding of a range of product and services, processes, procedures, systems and concepts within their own area of specialty and integration points with related areas

* Manages ambiguity, and applies judgement to identify, troubleshoot and resolve ongoing business and operational issues

* Interprets and administers policies, adopts and implements business process improvements

* Guided by practices, procedures and operating plans, makes process and capacity management decisions to ensure ongoing operations

* Moderate level of complexity in operational / reporting / process and/or analysis function requiring a short to medium term focus

Education & Experience:

* Undergraduate degree or equivalent work experience

* 3+ years experience

Preferred Qualifications:

* ACAMS preferred

* Strong knowledge of AML KYC and Enhanced Due Diligence (EDD) processes and regulations

* Must have conducted complicated EDD in current or past roles

* This is not an investigative role, this is an EDD role and experience in this area is preferred

* Strong written and verbal communication skills

Customer Accountabilities:

* Provides FCRM research, evaluation, operational, reporting and/or analytical support in oversight, advisory services and control function to business (FCRM) partners, in a timely manner

* Co-ordinates requests to and from, business (FCRM) partners

* Assists in the preparation of summaries, communications, reports and presentations for management, regulators, and other internal and external stakeholders

* Recommends responses to enterprise FCRM Program questions and immediately escalates any sensitive issues according to departmental procedures

* Analyzes data and draws conclusions to meet program health reporting requirements

* Analyzes emerging trends pertaining to regulatory changes, reporting or other departmental functions and provides recommendations to enhance or rectify FCRM- related gaps, issues and enhancements

* Proactively identifies matters requiring additional review, escalation, and liaises with appropriate staff to…