1. Describe your understanding of TD Bank’s AML/ATF (Anti-Terrorist Financing) obligations within the Canadian regulatory landscape.
2. Walk me through how you would conduct an enhanced due diligence (EDD) review on a high-risk customer, such as a money services business.
3. A transaction monitoring alert is generated for a retail client with sudden, large cash deposits inconsistent with their profile. How would you investigate and decide whether to file a Suspicious Transaction Report (STR)?
4. How do you stay current with emerging money laundering typologies and evolving regulatory changes in Canada?
5. Explain a situation where you had to analyze complex financial data or documents to identify potential red flags. What was your process?
6. Describe a time you had to prioritize multiple competing deadlines or a high-volume caseload. How did you ensure accuracy and compliance?
7. In your view, what are the key challenges specific to AML compliance in a major Canadian retail bank like TD?
8. How would you handle a situation where you identified a potential issue, but your initial assessment differed from a colleague’s or a system’s recommendation?