Audit Manager II, Financial Crimes Fraud and Insider Risk Audit (968)

TD•Toronto, ON

22d•Onsite

About The Position

The position of Audit Manager II, Fraud, Insider Risk, resides within the Financial Crimes Audit Department. The position provides support and the management of the Financial Crimes Audit Program which includes conducting audits of the systems of internal controls are effective and compliant with regulatory requirements. You will be accountable and responsible to the assessment of the financial crime internal controls as well as issue management, audit planning, risk assessment, adhoc projects and initiatives. The Audit Manager II, Financial Crimes Audit, serves in capacity as Auditor In Charge (AIC) overseeing team of auditors during audit engagements. The Audit Manager II is a Financial Crime Professional, resilient, dynamic, trusted advisor, relationship manager, people manager and adaptive leader with knowledge and experience with different facets of the Financial Crime Risk Management Program including Governance, Management Reporting, Organization Structure and Staffing, Policies, Standards, Procedures, Risk Assessment, Assessment of New Products and Initiatives, Training, Regulatory Compliance Management, Internal and External Fraud, Customer Due Diligence/Know your Customer, Enhance Due Diligence, Customer Risk Rating including High Risk Customer Types (Money Service Business, Politically Exposed Person, Heads of International Organizations etc.) Investigations, Demarketing, Regulatory Reporting (Suspicious Transaction Reports, Large Cash Transaction Report, Electronic Funds Transfer Reports, Terrorist Property Report), Transaction Monitoring, Sanctions, Record Retention, as well as data analytics, technology, data, models and emerging technologies such as Artificial Intelligence and Machine Learning.

Requirements

Undergraduate degree required
7+ years of relevant experience
Strong background in Financial Crime Regulations for the Region
Certifications such as CAMs, CFE, CGSS, CAFS or regional equivalent
Strong knowledge of the Financial Crimes regulations (includes AML, ATF and sanctions), FATF recommendations, AML/ATF and sanctions frameworks, emerging risk, trends, typologies, Insider Risk, External and Internal Fraud, Anti-Bribery and Anti-Corruption.
Knowledge of Financial Crimes Governance, Reporting, Regulations, Regulatory Compliance Management, Policy, Standards, Procedures, Customer Due Diligence, Know Your Customer, Enhance Due Diligence, Customer Risk Rating, Investigations, Sanctions, Money Service Business, Politically Exposed Person, Heads of International Organizations, High Risk Customer Types, Regulatory Reporting (Large Cash Transaction Reports (LCTRs), Electronic Funds Transfer Reports (EFTRs), Terrorist Property Reports (TPRs), Suspicious Transaction Reports (STRs)) and Transaction Monitoring.
Experience and proficiency in audit, monitoring and testing, quality assurance, quality control.
Strong communication, interpersonal and people management skills, project management and managing competing priorities.
Ability to write and review audit findings and report.

Nice To Haves

Knowledge of data analytics, technology, data, models and emerging technologies such as Artificial Intelligence and Machine Learning.

Responsibilities

Assess controls, policies, and procedures to prevent, detect, and mitigate financial crimes such as fraud, money laundering, Sanctions evasion, and bribery, and corruption.
Conduct risk assessments, review regulatory compliance, and evaluate internal controls to ensure adherence to legal and industry standards.
Collaborate with compliance, risk, and legal teams to recommend improvements and mitigate financial crime risks.
Support the development and implementation of audit programs by contributing insights and assisting with planning activities.
Participate in audit engagements across multiple areas, helping ensure audits are conducted in line with established standards and timelines.
Execute the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report.
Complete L1 reviews/sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads).
Oversee/lead audits and/or execute the follow-up of findings arising from internal audits and regulatory reviews in accordance with policy.
Oversee/lead the ongoing audit communications and/or the reporting process with the stakeholders, senior management and external auditors for specific and/or overall Audit area.
Contribute to audit initiatives by providing input and assisting in the design and testing of solutions, as well as supporting implementation efforts.
Lead / manage the integrated implementation of policies / processes / procedures / changes across multiple functional areas.
Act as the audit lead or audit advisor to management and respective teams for area of specialization.
Report on emerging trends, identifying issues and opportunities and recommending action to senior management.
Facilitate key discussions and provide thought leadership to executive audience.
Adhere to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contribute to the review of internal processes and activities and assist in identifying control weaknesses/failures, potential opportunities to improve operational efficiencies for their business area.
Actively manage relationships with business lines/ corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements.
Keep abreast of 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 where required.
Maintain a culture of risk management and control, supported by effective processes and sound infrastructure in alignment with risk appetite.
Participate in cross-functional / enterprise initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations.
Provides thought leadership and/or industry knowledge for own area of expertise.
Encourage a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest.
Identify and recommend opportunities to enhance productivity, effectiveness and operational efficiency.
Work effectively as a team, supporting other members of the team in achieving business objectives and providing stakeholders services.
Participate in knowledge transfer within the team and business units.
Contribute to the overall performance management process by providing coaching and input into team members' assessment on assigned audits.
Provide seasoned specialized knowledge, advice and/or guidance to various stakeholders and team members.
May lead and/or provide supervisory oversight to complex audits and ensure completion.
Undertake and complete a variety of complex audit projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes within own area of expertise.
May oversee and/or independently perform concurrent multiple audits and related tasks from end to end.
Ability to process and handle confidential information with discretion.