Manager, FCRM Control Coverage

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Hours:

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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.

Job Description:

Department Overview

The TD Global Financial Crime Risk Management department is accountable for establishing TDs Global Anti-Money Laundering (AML) Anti-Terrorist Financing (ATF) Economic Sanctions and Anti-Bribery/Anti-Corruption (ABAC) (collectively Financial Crime Risk Management) program to ensure that all TD businesses adhere with AML/ATF/Sanctions/ABAC regulatory expectations in all jurisdictions where TD operates. This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting periodic enterprise-wide AML/ATF/Sanctions/ABAC risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening TD customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise-wide and specialized AML training of employees; and independent AML testing.

Reporting to the Associate Vice President FCRM Model Management Customer Risk Rating Canada and EAP the Manager will be responsible for supporting the maintenance of the control coverage matrix across FCRM owned models for TD including the Control Inventory and Transaction Monitoring Coverage Map. This proactive strategic thinker will identify opportunities to further enhance TDs coverage matrix identifying risks and solutions.

Job Requirements

CUSTOMER

• Maintains the FCRM Control Inventory across FCRM-owned models and other relevant FCRM controls.

• Identifies enhancement opportunities and develops action plans for any gaps in the FCRM Control Inventory and develops strategies to continuously enhance control coverage.

• Supports and executes transaction monitoring (TM) coverage assessment methodology as well as end-to-end process of the TM coverage assessment and its periodic refreshes including remediation planning.

• Collaborates with FCRM Model Management teams as well as Enterprise Technology as needed to continuously discuss enhancements of control coverage.

• Interfaces with model risk management internal audit and other non-FCRM functions to ensure alignment of the control coverage practices to TDs enterprise standards.

• Work closely with business owners to identify opportunities and serve as an ambassador for automated controls coverage.

• Work in a highly interactive team-oriented environment with Big Data developers and analytical experts.

• Collaborate with business partners to shape and prioritize ad hoc analysis.

SHAREHOLDER

• Support execution with excellence on key initiatives/programs.

• Identify opportunities for business growth within a specific business or function by identifying potential use cases and value drivers.

• Proactively support the identification of issues trends and opportunities and bring forward recommendations based on judgment and facts.

• Support control coverage framework to succinctly take complex data and translate it into clear and concise recommendations.

• Ensure deep understanding and contribute to the achievement of the business strategy goals and objectives.

• Support relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements.

• Support team in staying knowledgeable on emerging issues trends and evolving regulatory requirements and assess potential impacts to the Bank.

• Assess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required.

• Identify mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followed.

• Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls segregation of duties transaction approvals and physical control of assets)

• Protect the interests of the organization identify and manage risks and escalate non-standard high risk transactions / activities as necessary.

• Keep abreast of emerging issues trends and evolving regulatory requirements and assess potential impacts.

• Maintain a culture of risk management and control supported by effective processes in alignment with risk appetite.

EMPLOYEE / TEAM

• Cultivate and model the Colleague Promise to support colleague growth and a culture of care; make an impact at work and in our communities by leading with authenticity and supporting well being to represent TDs brand.

• Connect the alignment of colleagues contributions with the TD Shared Commitments.

• Demonstrate inclusivity by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity including those from underrepresented communities being actively anti-racist attracting and retaining diverse slate of candidates nurturing mutual respect inclusivity of thought and collaboration to drive successful results.

• Enable colleague growth by encouraging colleague development to achieve career and business objectives; ensuring timely motivating appreciation and recognition to all colleagues.

• Practices a continuous learning culture by proactively seeking listening to and actioning feedback from peers and from colleague listening opportunities to continuously improve the colleague experience and grow your personal leadership.

• Model sharing of knowledge information skills and subject matter expertise among the team; ensure timely management and escalation of issues and lead collaboration with other functions and teams.

BREADTH & DEPTH

• Ensure an integrated approach with other business management areas broader organization and enterprise as appropriate.

• Deep knowledge and understanding of businesses / technology and organizational practices/ disciplines.

• Sound to advanced knowledge of external competition industry and/or market trends in relation to own function / business.

• Focus on short to medium-term issues (e.g. 6-12 months)

Qualifications

• Undergraduate degree required; advanced degree preferred.

• 5 years of relevant AML FCRM and/or risk modeling experience.

• Extensive knowledge of FINTRAC and related regulatory requirements FCRM risks and appropriate controls.

• Hands-on data science expertise including but not limited to machine learning statistics relational databases and data visualization. Tableau/Power BI Python and SQL skills are preferred.

• Working knowledge of process mapping above average competency in Microsoft Office products including Excel Word and PowerPoint.

• Experience with/knowledge of methods techniques and tools to support model coverage and control.

• Exposure to common Transaction Monitoring systems (Actimize SAS Oracle etc.).

• Proven research analytical and organizational skills with project management experience.

• Experience in developing executive facing documentation presentations and procedures that meets the highest regulatory standards and audit requirements.

• Excellent time management skills and ability to prioritize activities and work independently with minimal direct supervision.

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 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:
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.

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 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
Your accessibility is important to us. Please let us know if youd 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):