Financial Crime Risk Specialist – Sanctions (US)

Work Location:

New York, New York, United States of America

Hours:

40

Pay Details:

$91,000 - $145,600 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 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 Crime Risk Management

Job Description:

Department Overview: The Financial Crime Risk Specialist – Sanctions (US) sits within the Second Line. This is an oversight function, not an operational unit.

The Specialist will work closely with sanctions/screening systems and technology partners therefore they need to understand how technology/systems work and translate business needs into technical requirements. Strong Excel/data analysis skills and the ability to identify data trends is useful. The successful applicant will be an adaptable, independent problem solver who can learn banking/regulatory concepts quickly while working with a team that is geographically distributed. As a result, there will be occasional travel to Toronto for team meetings.

The Financial Crime Risk Specialist – Sanctions develops and maintains TD’s sanctions compliance programs, including frameworks, methodologies, policies, standards, procedures, awareness and specialized training, monitoring, management reporting, and escalation of sanctions-related issues.
Conducts periodic and event-driven reviews for sanctions risk of customers and transactions, including targeted assessments. Supports management in delivering initiatives related to sanctions risk assessment, regulatory exam preparation, and internal/external audit support.

Depth & Scope:

• Requires substantial expertise in sanctions compliance, global regulatory frameworks, and knowledge of broader financial crime risk areas
• Integrates knowledge of the sub-function’s overarching sanctions strategy in developing solutions across multiple functions or operations
• Interprets internal/external business challenges and evolving sanctions regulations; recommends courses of action and best practices to strengthen controls and mitigate risk
• Acts as a technical expert and lead, integrating cross-functional understanding within sanctions screening, escalation, and governance
• Leads cross-functional teams or projects with significant resource requirements, regulatory risk, and complexity, ensuring compliance with global sanctions regimes
• Manages end-to-end functional programs independently, including sanctions risk assessments, system enhancements, and policy implementation
• Solves or leads others to solve complex sanctions-related issues, partnering to develop innovative compliance solutions
• Uses sophisticated analytical thought to exercise judgment in identifying sanctions risks and recommending mitigation strategies
• Impacts the achievement of sub-function or business line objectives by ensuring sanctions compliance and operational integrity
• Is guided by internal policies and global sanctions standards/methods
• Communicates complex sanctions concepts; converts regulatory requirements into compelling business context and advice; influences and gains alignment across senior stakeholders
• Works autonomously as the lead and guides others within sanctions expertise

Education & Experience:

• Undergraduate Degree
• Advanced degree, professional accreditation, and/or 7+ years relevant experience

Customer Accountabilities:

• Leads the development of team procedures and governance processes for sanctions compliance and advises stakeholders and teams of changes and enhancements to enterprise sanctions programs and requirements, including their impact across the organization
• Collaborates with partners and related groups (such as Compliance, Legal, and Risk) to support the creation of documentation and reports required by external regulatory bodies and TD internal groups for sanctions compliance
• Manages research and assessment of sanctions risks and controls and contributes to a specialized team of sanctions compliance professionals, interacting with key stakeholders
• Provides governance oversight through management of sanctions policy and training exemption governance and reporting processes to the Senior Executive Team and related sub-committees
• Prepares summaries, presentations, briefing notes, and other required documentation to effectively report on the status of the sanctions compliance program
• Represents sanctions compliance as a specialist on internal or external committees and on enterprise-wide Regulatory Change Management initiatives, as required
• Delivers relevant subject matter expertise and sanctions compliance advice to business partners
• Interacts with control functions within the organization to ensure effective sanctions oversight
• Develops and delivers sanctions training programs for applicable employees across the Bank
• Conducts meaningful research, analysis, and assessment of sanctions program activities at the functional level, using results to draw conclusions, make recommendations, and assess the effectiveness of enterprise sanctions programs
• Prepares research, analysis, updates tools, and supports training activities specific to sanctions risk assessment
• Leads the development of processes, procedures, and guidance relevant to sanctions compliance

Shareholder Accountabilities:

• Provides high-quality service and advice to key business (FCRM) partners and monitors progress of initiatives, action plans, or similar activities
• Protects the interests of the organization – identifies and manages risks, and ensures the prompt and thorough resolution of escalated non-standard, high-risk issues
• Delivers relevant subject matter expertise and FCRM advice to business (FCRM) partners
• Leads new or revised product initiatives; advises businesses on FCRM compliance requirements and ensures those requirements are properly written into requirements for business projects
• Participates in FCRM-level projects as needed to facilitate and oversee changes to FCRM processes, systems, or practices
• Coordinates with other FCRM partners and business compliance partners to ensure consistency in the application of FCRM programs and standards across the enterprise
• Ensures relevant FCRM programs align with TD corporate philosophy and strategic direction
• Monitors FCRM industry developments and maintains strong knowledge of evolving regulatory requirements and assesses potential impacts
• Proactively identifies key business opportunities; researches and recommends enhancements/modifications and develops strategies to achieve recommendations
• Leads relationships with business lines/corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
• Leads or contributes to cross-functional/enterprise initiatives as an organizational or subject matter expert, helping to identify risk and providing guidance for complex situations
• Complies with applicable internal and external audit and regulatory requirements and may actively provide support during Audit and Regulatory Reviews, providing recommendations and guidance as required
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Participates in responding to periodic exams/audits by regulatory bodies and Internal Audit to determine level of BSA/FCRM compliance

Employee/Team Accountabilities:

• Participates fully as a member of the team; supports a positive work environment that promotes service to the business, quality, innovation, and teamwork, and ensures timely communication of issues/points of interest
• Provides thought leadership and/or industry knowledge for own area of expertise and participates in knowledge transfer within the team and business unit
• Shares knowledge of the business, related tools, and techniques
• Leads or participates in personal performance management and development activities, including cross-training within own team
• Keeps others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities
• Contributes to the success of the team by assisting others in the completion and performance of work activities, providing coaching and/or guidance as appropriate
• Contributes to a fair, positive, and equitable environment that supports a diverse workforce
• Acts as a brand champion for the function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional
• International Travel – Never
• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

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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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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. Learn more

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.

 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

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