Senior FCRM Testing Analyst - Operations

at  TD Bank

JOB DESCRIPTION:

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 Senior FCRM Testing Analyst executes independent testing of FCRM controls for assigned businesses, technologies, and operational units across the Bank. The position will assume leadership of the engagement and have responsibility for completion of testing phases. The position will develop test plans, and attributes, and monitor progress of the engagement. As the overall engagement lead, the position may also oversee and review work of supporting analysts.
This position will be responsible for testing key controls and processes within TD’s Financial Intelligence Unit (FIU) including, but not limited to, teams responsible for transaction monitoring, high-risk investigations, regulatory reporting, demarkets, and sanctions operations.

Key accountabilities include the following:

• Oversee and/or independently perform testing of FCRM controls within the various TD lines of business as well as the operational units including the FIU, High Risk Investigations, Sanctions Operations, and Anti-Bribery Anti-Corruption teams.
• Lead the communication and the reporting process with the multiple stakeholders, including senior management.
• Execute all phases of a testing engagement, including planning, fieldwork (design and operational effectiveness testing, including sample testing), and reporting.
• Collaborate and coach supporting analysts in all phases of the engagement.
• Execute follow-up of findings raised from testing engagements in accordance with established standards.
• Interact frequently with management and senior leadership of FCRM business lines.
• Prepare and present complex reporting, analysis and assessments that will bring about significant improvements to internal processes and activities.
• Execute on more complex and/or non-standard requests.
• May undertake and complete a variety of projects and initiatives in additional to regularly scheduled testing engagements.
• Keep current on emerging trends and evolving regulatory requirements to find opportunities and recommend improvement areas to senior management to increase the efficiency and effectiveness of the team.
• Reports to a Manager role.

Job Requirements

• University degree/ college diploma or equivalent.
• CAMS designation (or similar) preferred.
• 4+ years of experience in AML/ATF, Sanctions and/or control testing roles.
• Experience working in an FIU and/or proficient knowledge of FIU related processes and controls.
• Proficient knowledge of testing standards, systems, procedures, laws, rules, regulations, reporting and controls.
• Strong interpersonal skills to facilitate working with business unit, FCRM advisory, senior management, and business partners at all levels.
• Knowledge of current and emerging AML/ATF trends.
• Skilled in providing guidance to junior analysts.
• Skilled in creating appropriate analysis and reporting within a defined timeframe.
• Ability to communicate effectively in both oral and written form.

Customer Accountabilities

• Executes testing engagement work in accordance with established standards to achieve completion within target timelines.
• Conducts skilled analytical research and analysis as part of the testing engagement and initiatives.
• Works collaboratively with key partners throughout the testing engagement.
• Presents objective and independent advice & recommendations to control partners on the adequacy of RCM processes and controls in accordance with regulatory and internal requirements.
• Executes follow-up of findings raised from testing engagements in accordance with established standards.
• Provides subject matter expertise and/or input to projects/initiatives as a representative for area of specialization.
• Proactively identifies matters which require additional attention, further escalation, or review, and liaise with the appropriate groups to resolve.
• As assigned, oversees/leads the testing engagement, including communications and the reporting processes.

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 area of responsibility.
• Adheres to internal policies, standards and procedures, methodologies, and applicable regulatory requirements to contribute to the review of internal processes and activities and assists in identifying potential opportunities to improve controls.
• Understands the operations of the business unit/area being tested and to identify potential risks and apply information to complete a quality, risk-based engagement.
• Clearly and concisely documents research as required to understand requirements specific to an engagement.
• Working with control partners, keeps abreast of emerging trends/developments and changes to regulatory framework, internal policies, and standards.
• Actively manages relationships within and across various business lines, corporate and/or control functions, and ensures alignment with enterprise and/or regulatory requirements.
• Provides analysis on issues and effectively communicates results to Testing management and the client.
• Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite.

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 promotes timely communication of issues/ points of interest.
• Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and 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 cross training within own team.
• Keeps others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities.
• Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Leads, motivates, and 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.

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