Centralized Governance & Control Specialist-Remediation Quality Assurance Testing

TD Bank•Mount Laurel, NJ

5h•Onsite

About The Position

The Centralized Governance & Control - Remediation Quality Assurance Testing team performs in-flight Assurance Testing Activities throughout the Issue Remediation Lifecycle to ensure Management Action Plans (MAPs) are designed to sufficiently mitigate and manage risk drivers of the issues and operate effectively. Primary responsibilities for this role would be performing remediation testing activities related to High-Risk findings owned by First-Line of Defense, inclusive of Regulator issues [Matters Requiring Attention (MRA) / Matters Requiring Immediate Attention (MRIA)]. This is a highly seasoned professional role requiring substantial business knowledge / expertise in a complex field and knowledge of broader related areas. It integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations. The role requires the ability to work collaboratively and build relationships across teams and functions. The individual interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services. Acts as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialists. Leads cross-functional teams or projects with significant resource requirements, risk and / or complexity. Independently manages end-to-end functional programs. Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions. Works autonomously as the lead and guides others within area of expertise.

Requirements

Undergraduate degree preferred
Advanced business understanding and knowledge of risk and control functions
7+ years of relevant experience

Nice To Haves

Internal Audit experience
Preparing high-level Remediation Testing Scope Memo
Performing Design Review of corrective actions
Developing Detailed Test Plan to address the Design Effectiveness and/or Operational Readiness of corrective actions and tracking/addressing exceptions, where applicable

Responsibilities

Performing remediation testing activities related to High-Risk findings owned by First-Line of Defense, inclusive of Regulator issues [Matters Requiring Attention (MRA) / Matters Requiring Immediate Attention (MRIA)]
Contributes to the strategic direction of the centralized governance and control function and play a key role in the development and implementation of risk strategies in support of the overall business strategy
Develops and documents a comprehensive inventory of processes and controls with clearly defined owners and roles and responsibilities for each process and control
Participates in the intake of applicable regulation, assessment of impact to the business line, and the comprehensive mapping of associated controls to rules and regulations
Reviews end-to-end processes and controls and “connect the dots” across issues and control deficiencies across various BUs in order to increase standardization of solutions, processes and controls
Leads the integrated execution of policies / procedures / changes across multiple functional areas
Provides direction to complex, wide ranging enterprise or cross-function / business projects as a SME, identify risk / provide guidance for complex situations and participate in designing, testing, and implementation of solutions
Acts as lead for area of specialization with industry, enterprise, and business awareness; recognizing and anticipating emerging trends and; identifying issues and opportunities and recommending action to senior management in the governance and control space
Ensures programs / policies / practices are well managed, meets business needs / priorities, and complies with internal / external requirements
Exercises discretion in managing communication / correspondence, information and all matters of confidentiality
Leads research projects; supports the development / delivery of materials and presentations to management or broader audience
Conducts analysis at the functional or enterprise level using results to draw conclusions, makes recommendations, assesses the effectiveness of programs, policies, or practices
Adheres to enterprise frameworks or methodologies that relate to activities across businesses and functions
Manages relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
Protects the interests of the organization – identifies and manages risks, and escalates non-standard, high-risk transactions / activities as necessary
Maintains a culture of risk management and control, supported by processes in alignment with risk appetite
Is knowledgeable of and complies with Bank Code of Conduct
Participates as a member of the team, supports a positive work environment and ensures timely communication
Provides leadership as a SME and participates in knowledge transfer within the team / business unit
Keeps current on emerging trends / developments and grow knowledge of the business, related tools and techniques
Keeps others informed about the status / progress of projects
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Contributes to a fair, positive and equitable environment
Acts as a brand ambassador for your business area/function and the bank