Senior FCRM Testing Analyst

Work Location:

Hours:

Pay Details:

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 candidates 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.

Line of Business:

Job Description:

Roles in the second line of defense Financial Crime Risk Management Testing team (FCRM) are responsible for maintaining a dynamic risk-based independent testing process to periodically review the design and operating effectiveness of key business and function processes and controls to identify potential risks assess weaknesses and gaps with TDs policies procedures and expectations or non-compliance with key laws and regulatory requirements. Testing teams implement consistent and standardized testing methodology to evaluate the effectiveness of processes and controls in place and identify issues of varying severity levels. The Testing Team staff are objective and independent of FCRM Program execution activities and are responsible for developing and executing an Annual Test Plan that is comprised of mandatory and risk-based testing of financial crime risks owned by the first and second lines of defense.

The Financial Crime Risk Management Testing team is responsible for testing all Bank programs that aim to facilitate compliance with anti-money laundering anti-terrorist financing anti-bribery and corruption and sanctions laws and regulations. Key areas of coverage within these programs include but are not limited to the following activities and controls:

- Policy & Governance / Training

- Risk Assessment Framework

- Know Your Customer (KYC) / Customer Identification Program (CIP)

- Screening (e.g. Sanctions PEP CRB etc.)

- Transaction Monitoring

- Alert Review & Investigations

- Reporting

- Data & Technology

- Program Management

The Testing team is responsible for the identification of issues and the risk owner is responsible for the remediation of issues identified in-line with Bank standards. The Testing team advises on the appropriateness of remedial actions taken and reviews for appropriate closure of the issue after remediation and validation activities. The business or function is also responsible for managing their risks and actions in the system and tracking the closure of the remedial actions in collaboration with FCRM.

Jobs in this family are considered professionals that require an understanding of Testing methodology Financial Crime Risk Management related TD policies and procedures; TD businesses/functions and their products and services business processes and controls; and relevant laws and regulations (e.g. BSA US PATRIOT ACT 2020 AMLA). Formal education and specialized knowledge and/or relevant experience is required.

The Senior FCRM Testing Analyst executes independent testing of FCRM controls / systems for assigned businesses and operational units across the Bank to evaluate the effectiveness of these controls in covering associated risk.

This role is capable of independently executing and having responsibility for various activities (e.g. test plan development executing test steps) throughout the testing lifecycle within agreed timelines.

The Senior FCRM Testing Analyst executes independent testing of FCRM controls / systems for assigned businesses and operational units across the Bank to evaluate the effectiveness of these controls in covering associated risk.

This role is capable of independently executing and having responsibility for various activities (e.g. test plan development executing test steps) throughout the testing lifecycle within agreed timelines.

Depth & Scope:

• Works Independently as a subject matter expert regarding assigned testing areas and objectives including related regulatory requirements
• Develops testing documentation and results reporting in-line with testing requirements
• Understands the use of controls for managing financial crimes risk and applies this understanding to independently evaluate controls effectiveness and develop recommendations for enhancement
• Undertakes and completes a variety of projects and initiatives as part of the testing function

Education & Experience:

• Undergraduate degree or equivalent work experience
• 5 years experience

Customer Accountabilities:

• Executes testing engagement work in accordance with established standards to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the assigned testing objectives
• Works collaboratively with key partners throughout the testing engagement
• Presents objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements
• Executes follow-up of findings raised from testing reviews in accordance with established standards
• Provides subject matter expertise on FCRM controls and processes and/or input to projects/initiatives as a representative for area of the FCRM testing function
• Proactively identifies matters which require additional attention further escalation or review and liaises with the appropriate groups to resolve

Shareholder Accountabilities:

• Prioritizes and manages own workload to deliver quality results and meet assigned timelines
• Contributes to the analysis due diligence and implementation of initiatives within defined assignments
• Adheres to internal policies standards and procedures methodologies and applicable regulatory requirements
• Understands the operations of the business unit / area being tested and to identify potential FCRM risks and apply information to complete
• Clearly and concisely documents research as required to understand requirements specific to an engagement
• Keeps abreast of emerging trends / developments and changes to regulatory framework internal policies and standards
• Knowledge of current and emerging trends risk and typologies of money laundering terrorist financing and sanctions
• Actively manages relationships within and across various business lines corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements
• Effectively communicates results to FCRM Testing management and the stakeholders
• Maintains a culture of risk management and control supported through FCRM testing

Employee/Team Accountabilities:

• Participates fully as a member of the team supports a positive work environment that promotes service to the business quality innovation and teamwork and ensures timely communication of issues / points of interest
• Provides thought leadership and/or industry knowledge for own area of expertise and participates in knowledge sharing with the team and/or business unit
• Keeps current on emerging trends / developments and grows knowledge of the business related tools and techniques
• Participates in personal performance management and development activities including potential cross training within own team
• Keeps 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
• Develops relationships with internal and external business partners / stakeholders to develop productive working relationships
• Contributes to a fair positive and equitable environment that supports a diverse workforce
• Acts as a brand ambassador for your business area/function and the bank both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional
• International Travel Never
• Performing sedentary work Continuous
• Performing multiple tasks Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds Occasional
• Sitting Continuous
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.) Occasional
• Lifting/Carrying (over 25 lbs.) Never
• Squatting Occasional
• Bending Occasional
• Kneeling Never
• Crawling Never
• Climbing Never
• Reaching overhead Never
• Reaching forward Occasional
• Pushing Never
• Pulling Never
• Twisting Never
• Concentrating for long periods of time Continuous
• Applying common sense to deal with problems involving standardized situations Continuous
• Reading writing and comprehending instructions Continuous
• Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:
TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we deliver legendary customer experiences to over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to the Bank those we serve and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers communities and colleagues.

TD is deeply committed to being a leader in customer experience that is why we believe that all colleagues no matter where they work are customer facing. As we build our business and deliver on our strategy we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether youve got years of banking experience or are just starting your career in financial services we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs were here to support you towards your goals. As an organization we keep growing and so will you.

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 base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and well-being benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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. Whether you have a passion for helping customers and want to expand your experience or you want to coach and inspire your colleagues there are many different career paths within our organization at TD and were committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well 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

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.