Head of AML Model Management and Emerging Risk - TD Bank : Job Details

Work Location: New York, New York, United States of America

Hours: 40

Pay Details: $200,000 - $280,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development aredefining 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.

Line of Business: Financial Crimes & Fraud Mgmt

Job Description:

The Head of FCRM Model Management and Emerging Risk is a technical and strategic leader in the Modeling & Advanced Analytics team in Financial Crime Risk Management (FCRM). This role is responsible for developing a model and technology roadmap/strategy covering the full development lifecycle of Transaction Monitoring systems. This role will closely monitor emerging financial crime patterns and typologies and leverage data analytics and models to detect, prevent, and mitigate FCRM and sanctions risks.

Depth & Scope:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required.
• Develops data-driven capabilities and strategies to identify emerging financial crime risks and evolving criminal typologies and deliver actionable risk intelligence and insights to mitigate risks.
• Leads the management of various vendor and in-house models and systems across the customer lifecycle and lines of business, ensuring performance, compliance, and risk mitigation.
• Leads a team of FCRM professionals and data scientists, fostering a mindset of curiosity and critical thinking.
• Presents findings, highlights de-risking opportunities and identifies risk mitigation and program enhancement opportunities to FCRM colleagues, stakeholders, and senior management.
• Identifies and escalates potential risks requiring further investigation and analysis to FCRM Operations, and identifies opportunities to improve and/or expand the Bank's FCRM monitoring and reporting controls and processes.
• Works with the FCRM Advisory teams to provide financial crime compliance risk insights to FCRM and business colleagues, including on existing and new business initiatives, new products, and business acquisitions.

Education & Experience:

• Bachelor's degree required.
• 15+ years of relevant industry experience and proven leadership roles in AML, model management, or risk management.
• Significant exposure to common Transaction Monitoring systems (Actimize, SAS, Oracle, etc.).
• Deep knowledge of financial crime typologies, red flags, and AML regulations in the US.
• Knowledge and appreciation of the key concepts associated with risk management including inherent risks, controls, and residual risk.
• Solid analytical and modeling skills, along with strategic thinking and business acumen.
• Strong communication, presentation, and active listening skills with the ability to build relationships across all organizational levels.
• Experience creating documentation that meets regulatory and audit standards.

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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

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.

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: If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.