Job Description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Financial Crime Risk Management

Pay Details:

$96,900 - $136,800 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Department Overview / Job Details

The Financial Crime Risk Management (FCRM) Enterprise Testing Team (formerly Global Anti-Money Laundering) sits within the second line of defense and conducts design and operating effectiveness testing of AML/ATF, Sanctions, and ABAC controls (collectively referred to as "FCRM Controls") within TD's business lines, relevant operational and control units (including the Financial Intelligence Unit (FIU)), and key FCRM technologies, Enterprise-wide (Canada, Europe, and Asia-Pacific).

The FCRM Testing Specialist will be responsible for independently leading all phases of the assigned testing review from end-to-end (scoping, fieldwork, reporting, and supervisory checklist) in line with the procedure with the support from the Team Lead and Team Members, including review of final test papers. Provide subject matter expertise on FCRM controls/processes. Will execute testing activities independently and assume leadership of a review with support from a Testing Lead.

This position will be responsible for leading testing of FCRM technologies including, but not limited to, those related to transaction monitoring, name screening, client risk rating, and reporting.

Key accountabilities include the following:

• Execute and manage testing activities in accordance with established standards and strategic direction to achieve completion within targeted timelines
• Conduct skilled analytical research and analysis as part of the testing engagement and initiatives
• Present objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements
• Execute follow-up on findings raised from testing reviews in accordance with established standards
• Understand risk identification, risk analysis, and risk mitigation according to regulatory requirements and best business practices to assist in evaluation of FCRM controls and processes
• Develop strong relationships and work collaboratively with key stakeholders
• Own the review of the testing engagement, including all steps of the end-to-end testing process, which encompasses the communication and reporting of results
• Proactively identify matters which require additional attention, further escalation, or review, and liaise with the appropriate staff to resolve
• Reports to a Senior Manager role.

Job Requirements

• University degree or equivalent work experience
• CAMS and/or CISA designation (or similar) preferred.
• 6+ years of experience in AML/ATF, audit, and/or control testing roles
• Prior management or supervisory experience is a plus
• Experience/SME with IT General controls, Interface, application controls testing.
• Ability to understand and build queries within SQL, Python and other data analytics tools.
• Knowledge of AML/ATF regulations and current/emerging trends.

• Strong interpersonal skills to facilitate working with business unit, FCRM advisory, senior management, and business partners at all levels.
  • Ability to communicate effectively in both oral and written form.
• Ability to analyze, organize, and prioritize work while meeting multiple deadlines.

Breadth & Depth

• Works independently as review owners in executing reviews from end-to-end and provides direction to others
• Considered to be subject matter experts in FCRM testing standards and objectives and provide guidance to various team members and stakeholders
• Develops and is accountable for testing documentation and results reporting in line with requirements
• Utilizes advanced understanding of the Banks financial crimes obligations and requirements to effectively execute their work
• Utilizes advanced understanding of the use of controls for managing financial crimes risk to independently evaluate complex controls and serve as SME on developing recommendations for enhancements
• Considered subject matter expert in FCRM technologies (e.g., Transaction Monitoring system, Sanctions screening system)
• Advanced knowledge of testing process and industry best practices
• Undertake and complete a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes
• Execute on more complex and/or non standard requests
• Independently perform concurrent multiple FCRM reviews and related tasks from end to end
• Generally, reports to a Senior Manager/Team Lead
• Reports to the Team Lead all issues, escalations, or testing review concerns
• May act as highest point of Review Team escalation for resolution and provides direction to resolve issues or escalate

Shareholder Accountabilities

• Prioritize and manage own workload to deliver quality results and meet assigned timelines.
• Contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve efficiencies within FCRM reviews
• Adhere to internal policies/procedures, enterprise frameworks and methodologies and applicable regulatory guidelines.
• Clearly and concisely document research as required to understand requirements specific to an engagement.
• Protect the interests of the organization – identify and manage risks, and escalate non-standard activities, as necessary
• Apply subject matter expertise in the discipline, provide guidance, assistance, and direction to testing team members
• Actively maintain relationships within and across various business lines, corporate and/or control functions, and drive alignment with enterprise and/or regulatory requirements.
• Assess/identify key issues and escalate to appropriate levels and relevant stakeholders
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank.
• Maintain a culture of risk management and control, supported by effective processes through FCRM testing
• May develop and provide reporting, analysis, and assessments at the functional or enterprise level
• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high-risk transactions/activities as necessary
• Support presentations / communications to management or broader audience

Employee / Team Accountabilities

• Participate 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
• Provide thought leadership and/ or industry knowledge for own area of expertise and participate in knowledge sharing with the team and/or business unit
• Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
• Participate in personal performance management and development activities, including potential cross training within own team
• Keep team members informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
• Develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

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 (Quebec only):

Sans Objet