JOB DESCRIPTION:

Financial Crime Risk Management Testing team (FCRM) is 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 TD’s 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. 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
The FCRM Testing Analyst II assists in the independent testing of FCRM controls / systems for assigned businesses and operations units across the Bank which address AML/ATF, Sanctions, and ABAC risks. This role follows guidance to complete tasks throughout the testing lifecycle.

EDUCATION & EXPERIENCE:

• Undergraduate degree or equivalent work experience
• 3+ years experience

PREFERRED SKILLS:

• Good communication and written skills
• Knowledge of Anti-Money Laundering (AML) and related regulations
• Understanding of testing methodology
• Knowledge of controls, how they work and how they mitigate risk

CUSTOMER ACCOUNTABILITIES:

• Supports execution of testing engagement work in accordance with established standards to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the testing review
• Works collaboratively with FCRM Testing team throughout the testing review
• Supports follow-up of findings raised from testing reviews in accordance with established standards
• Through the execution of testing responsibilities, proactively identifies matters which require additional attention, further escalation, or review

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 to contribute to the review of internal processes and activities
• Understands the operations of the business unit/area being tested and to identify potential FCRM risks through testing activities
• Clearly and concisely documents research as required to understand requirements specific to a review
• Knowledge of current and emerging trends, risk and typologies of money laundering, terrorist financing and sanctions
• 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
• Supports the team by continuously enhancing knowledge / expertise testing and FCRM and participates in knowledge sharing within the team
• Keeps current on emerging trends / developments and grows knowledge of the business, related tools and techniques
• Participates in personal performance management and development activities, related to day-to-day activities
• Contributes to the success of the team by willingly assisting others in the completion and performance of work activities
• Contributes to a fair, positive and equitable environment that supports a diverse workforce

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 world’s 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 95,000 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 you’ve 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, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Please refer the Job description for details