Check this out:
http://www.red-gate.com/messageboard/viewtopic.php?t=8839
I believe it's functioning as expected. It looks to me like it's the database mail message queue handler. I did:
SELECT count(*)
FROM [msdb].[dbo].[sysmail_mailitems]
And i had 11360 items. When I looked at the storage size, it was about 5MB. Not that large considering it's a 1TB data warehouse.
I would say ignore.