About TD Bank, America's Most Convenient Bank® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US . TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .
Job Description The AML Investigator II independently performs analysis of complex financial transactions to include confidential research and investigations. Evaluates suspicious and/or questionable account activity. Recognizes and evaluates high risk accounts and activity and makes recommendations regarding account retention. Utilizes a variety of analytical techniques and computer systems to make informed decisions concerning Customer account status. Takes referrals from internal support groups, reviews transaction background and information, conducts additional research and investigation as needed and decides whether to conclude inquiry or forward to applicable authorities for further review. Handles complex Anti-Money Laundering (AML) investigations for the Enhanced Due Diligence (EDD) department of the bank
Evaluates suspicious and/or questionable account activity using a variety of analytical techniques. Recognizes and evaluates high risk accounts and activity and makes recommendations regarding account retention notifying stores as applicable. Escalates / obtains management approval as appropriate per policies and procedures.
Conducts due diligence for high risk accounts that may include interfacing with Customers and Employees in order to obtain operational and financial information.
Works independently with some supervision inside a team environment planning and prioritizing daily workload to meet department objectives.
Effectively communicates with branch staff to obtain information needed for supporting documentation, reports and risk mitigation.
Takes referrals from internal support groups, reviews transaction background and information, conducts additional research and investigation as needed and decides whether to conclude inquiry or forward to applicable authorities for further review. Performs enhanced due diligence on Customers designated by regulators as high risk, such as international and large cash Customers.
Reviews and validates rules, guidance and other pertinent information issued by the relevant jurisdictional financial intelligence unit such as the Financial Crimes Enforcement Network (FinCEN) or the Financial Transactions Reports Analysis Centre of Canada (FINTRAC).
Utilizes various vendor information databases, general internet and other research sources to find useful material.
Contacts branches if needed for additional Customer information.
Notifies stores of recommendations to close Customer accounts based on research conducted on customer activity.
Obtains information on Customer occupation, criminal records, length of time at current residence and other information.
Assists branch personnel, when deemed necessary and/or requested, to conduct Customer interviews to address certain specific AML alerted transactional issues with the objective being mitigation of AML risk thus limiting TD Bank exposure from both a monetary and possible reputational standpoint.
Provides branch and business line personnel with clear understanding of Customer's transactional history as related to money laundering concerns thus mitigating possible monetary and reputational risks.
Analyzes, makes determinations and either concludes inquiries or forwards for further investigation potential money laundering transactions in support of the regulations, such as, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and all other Anti-Money Laundering (AML) regulations designed to prevent financial-related crimes against the government according to established TD Bank policies, procedures and regulatory guidelines.
Determines whether transactions are possibly related to money laundering or terrorist financing. Files Suspicious Activity Reports (SARs) or, Suspicious Transaction Reports (STRs) on unusual activity and submits for supervisory review and approval.
Develops and presents case files, both verbally and through written analysis to senior staff.
Supports management team, ensuring daily, weekly, and monthly reports are completed on time.
Ensures that individual work in compliance with applicable laws, regulations and guidelines, as detailed in TD Bank policies located on Company intranet; policies include but are not limited to Fair Lending, Know Your Customer, AML/ATF and other applicable anti-money-laundering policies.
High School diploma or equivalent
3-5 Years of related experience.
ACAMS (Certified Anti-Money Laundering Specialist) or CFCS (Certified Financial Crimes Specialist) are preferred
Supervisory experience preferred.
Thorough knowledge of CIP and/or KYC, and/or AML and ATF regulations, requirements and procedures an asset.
Familiarity with regulations, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Inquisitive nature, with ability to pursue potential investigative leads until resolved.
Research skills, with ability to diligently look for and uncover material useful to the evaluation using searchable databases and the internet
Organized, with ability handle multiple cases simultaneously.
General investigative and business sense to distinguish between typical transactions and suspicious activity.
Good communication skills, including verbal phone skills and writing skills.
Basic computer skills/knowledge of Microsoft products (Word, Excel, PowerPoint).
Inclusiveness At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach her/his potential. If you have a disability that requires an accommodation to complete the application process, please e-mail TD Bank's HR Compliance Department at email@example.com. Please include your full name, contact information and details about your request within the e-mail. EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.