Aml Operations Analyst

Description:

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.

Serves as an expert in assigned operational function and performs end-to-end 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
Acts as a subject matter process expert in a range of technical processes and procedures
Focus of work is daily, weekly, monthly and/or longer with addition of ad-hoc and initiative-based 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 cross-functional teams across TD and/or involving external contacts
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, on-going 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
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 non-standard, 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
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 enhancing knowledge / expertise in own area