Note: The job is a remote job and is open to candidates in USA. TD is one of the world's leading global financial institutions, and they are seeking a Senior Financial Crime Risk Management Analyst for KYC High Risk Reviews. This role is responsible for performing Enhanced Due Diligence (EDD) reviews for high-risk customers, ensuring compliance with regulatory requirements, and providing expert recommendations on financial crime risks.
Responsibilities
- Performs holistic Enhanced Due Diligence (EDD) reviews on high-risk customers at onboarding, periodic review, and event driven reviews, ensuring compliance with internal policies and external regulations
- Reviews customer risk factors/indicators, and acts as a subject matter expert to understand and assess the identified customer risk and how it relates to the Bank products/services to further determine if those risks can be mitigated
- Responsible for documenting the assessment and providing a recommendation based on the independent analysis to maintain and/or onboard the customer
- Evaluates and assesses customers' source of funds, business activities, ownership structures, and other risk factors
- Reviews, assesses, and analyzes customer transactional activity to determine if customer's activity is aligned to the customer KYC profile and expected use of customer's accounts
- Engages with the 1st line of defense on the outcomes of EDD reviews and guidance related to high-risk customer types and associated activity
- Ensures adherence to AML regulations, the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) requirements, and other applicable laws
- Proactively identifies trends and emerging risks in high-risk customer profiles, escalates issues and recommends controls or mitigation measures
- Maintains up-to-date knowledge of regulatory changes and industry best practices, applying this expertise to enhance the KYC program
- Prepares detailed, well-documented EDD risk assessment narratives and provide risk recommendations to support decision-making for senior management and regulators
- Provides data-driven insights and recommendations for process improvements, ensuring the effectiveness of the high-risk customer review process
- Collaborates with internal stakeholders to address gaps or deficiencies in KYC or financial crime risk management frameworks
- Serves as a subject matter expert (SME) on KYC and EDD processes for high-risk customer reviews, providing training and guidance to junior analysts or team members
- Represents the Financial Crime Risk Management team during internal and external audits or regulatory examinations
- Leads projects or initiatives focused on enhancing the bank's high-risk customer review processes and risk mitigation strategies
- Utilizes independent judgment to develop and implement policies, procedures, and best practices for high-risk customer management
- Supports the Group Manager by assisting with day to day tasks and acting as a delegate as needed
Skills
- Bachelor's degree in Business, Finance, Law, Criminal Justice, or related field
- 5+ years of experience in KYC, EDD, or AML within a financial institution
- Demonstrated expertise in high-risk customer reviews and regulatory compliance
- Strong analytical, problem-solving, and decision-making skills
- Excellent written and verbal communication skills, with the ability to present complex findings to stakeholders
- Proficiency in AML software and tools, as well as Microsoft Office Suite
- Ability to exercise significant discretion and independent judgment in assessing and managing risks
- Ability to manage multiple high-priority tasks and deliver results under tight deadlines
- Advanced certifications such as CAMS, or equivalent are strongly preferred
- Demonstrated leadership or project management experience preferred
- Successful candidates should possess a strong understanding of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), including how these functions differ from AML Transaction Monitoring and Investigations
Benefits
- Variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
- 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
- Reward and recognition
- Regular career, development, and performance conversations with your manager
- Access to an online learning platform
- A variety of mentoring programs
- Training and onboarding sessions
Company Overview