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TD Bank AVP, Financial Crimes - Governance & Controls in Toronto, Ontario

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Associate Vice President Profile:

Associate Vice Presidents (AVPs) at TD Bank Group contribute significantly to the overall reputation of TD. As executives, AVPs set the ethical, organizational and performance standards for the teams they lead and exemplify how an effective performance and development culture functions day to day. An AVP is expected to guide his/her team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.

AVPs promote adherence to TDBG’s vision and purpose to be the better bank, and enrich the lives of customers, communities and colleagues. As part of the general management of their function, AVPs are accountable to deliver against TD's five shared commitments:

  • Think like a customer; provide legendary experiences and trusted advice

  • Act like an owner; lead with integrity to drive business results and contribute to communities

  • Execute with speed and impact; only take risks we can understand and manage

  • Innovate with purpose; simplify the way we work

  • Develop our colleagues; embrace diversity and respect one another

Department / Position Overview:

The TD Global Financial Crimes Risk Management department is accountable for establishing TD's Global Anti-Money Laundering (AML), Anti-Terrorist Financing (ATF), Economic Sanctions and Anti-Bribery/Anti-Corruption (ABAC) (collectively, Financial Crimes Risk Management) program to ensure that all TD businesses adhere with AML/ATF/Sanctions/ABAC regulatory expectations in all jurisdictions where TD operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting periodic enterprise-wide AML/ATF/Sanctions/ABAC risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening TD customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise-wide and specialized AML training of employees; and independent AML testing.

Job Description / Accountabilities:

Reporting to the Deputy Global AML Officer, this AVP oversees the AML Governance & Controls Function.

The general accountabilities of this role include but are not limited to the following:

Governance & Controls

  • Owns, develops and matures the Enterprise Financial Crimes Risk Management Governance and Control program including all risk types applicable to Financial Crime Risk Management. Such risk types include but is not limited to Strategic risk, operational risk, model risk, reputational risk, privacy risk, regulatory compliance risk and change initiatives

  • Owns issues management including challenging action plans, monitoring timely completion of issues, reviewing and challenging solutioning and preparing complete and accurate reporting for various stakeholders.

  • Establishes and owns the governance and oversight model for GAML Canada

  • Nurtures a risk mindset within the team

  • Develops, owns and executes the program for ongoing monitoring over the Canadian Financial Intelligence Unit

  • Develops and owns the requirements for the oversight of AML / sanctions / ABAC by first line governance & control functions contained within the Banks Governance and Control Standard

  • Participates in new risk and control initiatives deployed by TD (such as risk acceptance, heightened standards etc.)

  • Represents Financial Crimes Risk Management at various enterprise Governance and Control committees and liaises with the enterprise and control functions to align and support on TD's strategy.

  • Contributes to the strategy and long-term planning activities for Financial Crimes Risk Management

  • Fosters a continuous improvement mindset and proposes enhancements to the program informed by industry trends and best practices.

  • Anticipates emerging obstacles and proactively removes barriers to successful achievement of the program

  • Prepares various reporting for stakeholders

  • Collaborates with stakeholders as required

  • Ad hoc projects as assigned

Other Qualifications/Skills/Experience:

  • Deep expertise in Anti Money Laundering, Anti-Terrorist Financing and Sanctions

  • Strong risk acumen – challenges the status quo; has a sense of where things could go wrong and proactively manages to avoid / minimize the risks

  • Proven ability in leveraging deep risk expertise to align teams to a central vision, while also listening and engaging others to provide input in the shaping of that vision

  • Skillful communication (written and verbal) and ability to write Board level communications and reports

  • Ability to work in ambiguity and decomplexify issues; Strong work ethic and ability to execute with speed

  • Recruits top talent; manages and motivates a diverse group of professionals

  • Strong people leader who possesses the ability to effectively work in teams across the bank with multiple stakeholders and to influence and align others

  • Strong collaborator who engages colleagues, business partners and external stakeholders.

  • Demonstrates negotiation and partnership skills to balance stakeholder input but remains objective to reach the right outcome - ability to stay resilient under pressure

  • Robust organizational skills with the ability to work in a fast-paced environment and manage multiple deadlines and priorities

  • Strong knowledge of the AML regulatory environment in Canada is a requirement

Specific Educational Requirements:

  • Undergraduate degree required; Post Graduate degree preferred

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement:

N/A.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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