Aml Operations Analyst I - Mount Laurel, United States - TD Bank

TD Bank
TD Bank
Verified Company
Mount Laurel, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

Work Location:

Mount Laurel, New Jersey


Hours:

40


Pay Details:

$ $40.25 USD


Line of Business:

Financial Crime Risk Management


The AML Operations Analyst I provides a range of analytical and/or operational process support within a defined functional area or to business units in adhering to AML/BSA, Sanctions and ABAC requirements and assists in implementing AML Operations initiatives to help manage regulatory risk.


Depth & Scope:


  • Serves as an expert in assigned operational function and performs endtoend activities
  • Requires an understanding of a range of product and services, processes, procedures, systems and concepts within their own and related areas of specialty
  • May lead problem resolution for issues that have been escalated, and/or escalate to appropriate level where further clarity or interpretation is required
  • Completes work within specifically defined parameters with guidance / direction from management as necessary
  • Requires diplomacy to exchange ideas and information with internal partners and management
  • Focus of work is daily, weekly, monthly and/or longer with addition of adhoc and initiativebased requests, as required
  • Requires knowledge of the business unit / operational functions and interaction points with other related areas as well as regulatory issues/ requirements for jurisdictions supported
  • May involve crossfunctional teams across TD and/or involving external contacts

Education & Experience:


  • Undergraduate degree preferred
  • 2+ years relevant financial services, financial crimes, law enforcement, accounting, analysis, or legal experience
  • Fundamental knowledge of AML operations standards, procedures, laws, rules and regulations
  • Knowledge of current and emerging trends
  • Skill in using analytical software tools, data analysis methods and reporting techniques
  • Ability to communicate effectively in both oral and written form
  • Ability to work collaboratively and build relationships
  • Ability to work successfully as a member of a team and independently
  • Ability to exercise sound judgement in making decisions
  • Ability to analyze, research, organize and prioritize work while meeting multiple deadlines
  • Ability to handle confidential information with discretion

Customer Accountabilities:


  • Supports the business internally as a specialist of a given area in AML/ATF, Sanctions/ABAC matters
  • Conducts sound investigations and provides AML/ATF, Sanctions/ABAC, support and recommendations on AML/BSA, Sanctions and ABAC investigations
  • Supports and understands risk identification, risk analysis and risk mitigation according to the regulatory requirements and industry best business practices
  • Recommends responses to any AML, Sanctions/ABAC questions and immediately escalates any sensitive issues to senior management
  • Provides trend analysis and reporting of AML, Sanctions/ABAC findings to Management for review
  • Assists the operational function with developing/drafting and maintaining written policies, procedures and/or programs/frameworks to minimize compliance breaches and monitors adherence to applicable regulations/ requirement
  • Identifies, documents and investigates processes / exceptions arising from transactions beyond 1st level operations service delivery and resolves escalated matters and refers complex issues / situations beyond own level of expertise
  • Establishes and provides analysis and reporting on operational performance of the businesses with respect to AML, Sanctions/ABAC related transactions
  • Assists in managing an effective, ongoing AML, Sanctions/ABAC surveillance program designed to detect and mitigate regulatory violations and breaches of internal policies and procedures
  • Completes filings and/or reporting to regulators and/or law enforcement agencies as required, for Management review and approval

Shareholder Accountabilities:


  • Prioritizes and manages own workload to meet SLA requirements for service and productivity
  • Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
  • Protects the interests of the organization identify and manage risks, and escalates nonstandard, high risk transactions / activities as necessary
  • Complies with applicable internal and external audit and regulatory requirements and may actively participate in Audit Reviews, providing recommendations and guidance as required
  • Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
  • Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:


  • Participates fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
  • Supports the team by continuously
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