Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Financial Crime Risk Management
Pay Details:
$145,000 - $200,000 CAD
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.
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Job Description:
Reporting to the VP, Financial Crimes Risk Management (FCRM), Enablement, Innovation and Insights, we are looking for an accomplished leader to join our team as the Assistant Vice President (AVP), FCRM, Technology Enablement, Canada and EAP
Lead the development, implementation, and ongoing management of FCRM's technology solutions, including Oracle Transaction Monitoring (TM) for transaction monitoring, customer risk rating, name screening, and regulatory reporting. Ensure the Anti-Money Laundering (AML) program meets all regulatory standards and fulfills commitments to FINTRAC. Drive FCRM Enablement's technology capabilities to enhance compliance, operational efficiency, and risk management.
Individual Role Accountabilities and Decision Authorities / Breadth, Depth & Scope:
- Strategic Technology Leadership: Serve as the executive business owner of FCRM technology solutions for Canada and EAP, overseeing the Oracle Transaction Monitoring (TM) system for transaction monitoring, customer risk rating, name screening, and regulatory reporting. Responsible for the full life cycle of these systems, from build to ongoing operations, to meet AML regulatory standards, including FINTRAC requirements.
Roadmap Execution and Project Portfolio Management: Develop, evolve, and execute FCRM's technology roadmap and project portfolio, aligning FCRM objectives with TD's enterprise technology strategy and systems architecture. Incorporate industry trends and vendor innovations to inform FCRM's strategic priorities.
Change Management and Innovation Implementation: Mobilize teams and provide direction on technology-related changes and delivery requirements. Oversee the design and implementation of innovative solutions such as Robotic Process Automation (RPA) and Natural Language Processing (NLP) to improve FCRM's operational effectiveness, efficiency, and compliance.
Regulatory Compliance and Risk Management: Lead FCRM technology initiatives to support compliance with AML/ATF regulations, ensuring that FCRM systems meet all relevant regulatory standards, with specific attention to FINTRAC requirements. Anticipate emerging regulatory challenges and align FCRM's technology roadmap to effectively mitigate risks.
Budget and Financial Management: Manage the FCRM technology operating budget, ensuring adherence to financial plans through accurate forecasting, budget monitoring, and expense control. Establish and monitor the return on investment (ROI) of FCRM technology initiatives to maximize value.
Performance Monitoring and Reporting: Establish a performance framework to monitor technology solutions' effectiveness, including user access management, issue management, and defect resolution. Ensure timely, accurate, and insightful management information reporting, including business intelligence insights for FCRM Canada leaders, supporting governance and regulatory reporting requirements.
Team Leadership and Development: Provide people management leadership to build and develop a high-performing team, setting strategic goals, managing employee performance, and fostering a culture of continuous improvement. Promote collaboration and teamwork to meet operational and professional development objectives, with a focus on talent acquisition, training, and succession planning.
Shared Responsibilities / Decision Authorities
- Works closely with US counterpart to plan and execute on aligned technology strategy and roadmap
- Partners with Platform and EPDE resources for effective utilization of resources to accomplish FCRM technology needs
- Work closely with AMLOC in the development and execution of initiatives and strategies for FCRM
Capabilities Required
- Deep understanding of business infrastructure and link to technology solutions
- Expert in FCRM technology, innovation trends, tools, and processes
- Strategic and critical thinker
- Clear communicator - able to explain complex issues to diverse stakeholders with and without technical expertise in these areas
- Skilled leader, inspires and operates through influence
- Delivers on objectives, focuses on what matters and can work across silos to build effective working relationships
Skills, Education & Experience
- 10+ years of experience and success in transformational technology change
- Extensive experience developing and executing on technology, innovation and reporting strategies and delivering superior results in both the short and long term
- Knowledge of financial service products and risk characteristics
- Familiarity with AML/ATF, sanctions, and ABAC regulatory requirements
- Excellent proven management and leadership skills required to direct a group of professionals to achieve objectives.
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
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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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 (Quebec only):
Sans Objet