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TD Bank VP, AML, Wealth and Insurance Advisory in Toronto, Ontario

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Vice President Profile:

Vice Presidents (VPs) at TD Bank Group contribute significantly to the overall reputation of TD. As executives, VPs set the ethical, organizational and performance standards for the teams they lead and exemplify how an effective performance and development culture functions day to day. A VP is expected to guide his/her team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.

VPs promote adherence to TDBG’s vision and purpose to be the better bank, and enrich the lives of customers, communities and colleagues. As part of the general management of their function, VPs are accountable to deliver against TD's five shared commitments:

  • Think like a customer; provide legendary experiences and trusted advice

  • Act like an owner; lead with integrity to drive business results and contribute to communities

  • Execute with speed and impact; only take risks we can understand and manage

  • Innovate with purpose; simplify the way we work

  • Develop our colleagues; embrace diversity and respect one another

Department / Position Overview:

The TD Global AML department (GAML) is accountable for establishing TD's Global Anti-Money Laundering, Anti-Terrorist Financing, Economic Sanctions and Anti-Bribery/Anti-Corruption (collectively, AML) program to ensure that all TD businesses adhere with AML regulatory expectations in all jurisdictions where TD operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting periodic enterprise-wide AML risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening TD customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise-wide and specialized AML training of employees; and independent AML testing.

Job Description / Accountabilities:

Reporting to the Senior Vice President and Chief Anti-Money Laundering Officer, this VP oversees AML business advisory for Wealth and Insurance.

The general accountabilities of this role include but are not limited to the following:

Wealth and Insurance Advisory:

  • Manages, updates and enhances as necessary a comprehensive AML compliance monitoring program covering material AML-related obligations of the Wealth and Insurance businesses (collectively, the Business)

  • Provides trusted, objective advice and guidance to the Business on AML risks and issues;

  • Ensures that the risk appetite is institutionalized within the Business via effective training and participation on Business governance / risk committees. Ensure that AML is “front of mind" as a Business risk

  • Ensures that the GAML program is effective and aligned and properly calibrated with Business structure, process and procedures to optimize efficiency across the program both from a GAML and Business standpoint. Includes active participation in design of structure, process and procedures of Business

  • Supports AML Program Office and GAML Governance activities including annual strategic planning, program health reporting, annual risk assessment process, and employee training

Generally and as a member of the GAML Senior Executive Team (GSET):

  • Contributes to the strategy and long term planning activities for GAML

  • Provides people leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions

  • Develops strong relationships throughout multiple businesses and regions to foster a consistent and collaborative approach to proactive compliance

  • Fosters a continuous improvement mindset and proposes enhancements to the program informed by industry trends and best practices

  • Mobilizes teams against significant delivery requirements

  • Anticipates emerging issues and translates business and organizational challenges into sustainable deployment strategies;

Specific Educational Requirements:

  • Undergraduate degree required; Post Graduate degree preferred

Other Qualifications/Skills/Experience:

  • Strong knowledge of the Wealth and AML regulatory environment in Canada.

  • Strong knowledge of the Wealth business

  • Previous experience developing and executing on strategies and delivering superior results in both the short and long term

  • Proven ability in leveraging deep subject matter expertise to align teams to a central vision, while also listening and engaging others to provide input in the shaping of that vision

  • Proven ability to manage and motivate a diverse group of professionals

  • Strong collaborator who engages colleagues, business partners, external stakeholders, and employees

  • Skillful communication (written and verbal), negotiation and partnership skills to balance stakeholder input but remain objective to reach the right outcome - ability to stay resilient under pressure

  • Demonstrated relationship building skills, with the ability to make things happen through the use of positive influence

  • Strong people leader who possesses the ability to effectively work in teams across the bank with multiple stakeholders and to influence and align others

  • Robust organizational skills with the ability to work in a fast-paced environment and manage multiple deadlines and priorities

  • Excellent analytical skills in assessing risk, issues and challenging the status quo

  • Demonstrated experience successfully leading large-scale initiatives

  • Proven successful client relationship management skills

  • Direct experience with policy writing and/or maintenance required

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 (http://www.td.com/ca/en/about-td/who-we-are/benefits-of-working-at-td)

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. 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:

N/A.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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