Senior FCRM Compliance Officer Prime Brokerage Oversight

Work Location :

New York New York United States of America

Hours : 40

Line of Business : Compliance

Pay Detail :

$100000 - $115000 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 candidates 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.

Job Description :

Position : Senior FCRM Compliance Officer

Reports to : Director Financial Crime Risk Oversight TD Securities US

Position Summary

The U.S. FCRM TDS Business Oversight team supports TD Securities in developing implementing and maintaining a robust financial crime risk management (FCRM) program that meets regulatory requirements and mitigates financial crime risk. This involves providing guidance on regulatory compliance close partnership with business and legal and operationalizing requirements and regulations for the Wholesale business. The team provides advice across the full spectrum of TDS customers products transactions and FCRM-related processes. The team mandate includes regulatory compliance program remediation risk management and program development. Key components are :

Design implement enhance and maintain the TDS U.S. FCRM program.

Advise TDS Operations and other 1st line support functions on interpretation of and compliance with applicable financial crime laws regulations and guidance.

Provide oversight of and credible challenge to the first line of defense.

Provide customized training and to ensure that employees remain informed about changes in financial crime regulations and emerging money laundering typologies.

Assess and opine on financial crime risks of new products and mandates.

The Senior FCRM Compliance Officer is responsible for supporting the firms FCRM program and plays a key role within U.S. FCRM TDS Business Oversight.

Primary duties include :

Demonstrate governance control and risk management behaviors aligned with TD policies and practices.

Support oversight activities for the US Prime Brokerage business including new business and product initiatives customers and transactions.

Develop working relationships with line of business and operational support partners by providing oversight guidance on various issues.

Timely recognition of issues or concerns requiring escalation.

Assist with onboarding inquiries for prospective US Prime Brokerage customers.

Where required advise Investigations reviews of potentially suspicious activity providing subject-matter knowledge to support the investigations process.

Gain working knowledge of other business lines within the TDS space.

Participate in the annual enterprise-wide AML / BSA / Sanctions / ABAC risk assessment process as required.

Conduct targeted AML / OFAC training as appropriate.

Conduct periodic testing of AML functions as mandated by the Periodic AML Testing Program.

Participate in special projects including assisting with adherence to enterprise-wide initiatives including global policies and governance.

Assist with regulatory and audit requests.

Provide backup to general AML compliance functions such as surveillance reviews section 312 reviews and TD affiliates due diligence reviews.

Complete all tasks within required timeframes.

Qualifications / Skills / Experience

Bachelors degree required (exceptional candidates demonstrating an equivalent combination of relevant education and experience will be considered).

5 to 7 years of knowledge and experience in FCRM compliance preferably within the prime brokerage division of a large financial institution.

Strong verbal and written communicator with detailed oriented nature.

Strong subject matter knowledge of compliance risks and controls for a financial institution; focus on Anti-Money Laundering compliance.

Ability to identify and evaluate potential risks to the Firm and escalate accordingly.

Project management and strategic thinking skills.

Working knowledge of one or more sanctions screening and AML surveillance applications is desirable.

Proficiency with Microsoft Word Excel and PowerPoint.

The Senior Compliance Office provides advice guidance and support to business units in adhering to regulatory / compliance requirements and assists in implementing compliance initiatives to help manage regulatory risk.

Depth & Scope :

Works independently as the senior officer and may coach and educate others

Individual contributor role providing specialized expertise or may lead a small team of specialists

Considered a subject matter expert within a given area working closely with business partners auditors and / or regulators

Contact for business management regulators and external / internal auditors with assistance from Management dealing with routine information

Provides day to day interaction and support to Management

Oversees / executes and / or performs tasks from end to end

Focuses on short to mid-term issues (e.g. monthly-quarterly)

Education & Experience :

Bachelors degree or progressive work experience

5-7 Years of related experience

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.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate government and institutional clients who choose us for our innovation execution and experience. With more than 6500 professionals operating out of 40 cities across the globe we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues providing trusted advice and industry-leading insight extending access to global markets and delivering integrated transaction banking 2023 we acquired Cowen Inc. offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise while growing our strong diversified investment bank. We are growth-oriented people-focused and community-minded. As a team we work to deliver value for our clients every day.

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 :

Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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 were committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process

Well 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 . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.

Required Experience :

Senior IC

Key Skills

Compliance Management,Risk Management,Financial Services,PCI,Banking,Cost Accounting Standards,Quality Systems,Research Experience,NIST Standards,Securities Law,SOX,ISO 27000

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 100000 - 115000