FCRM Testing Specialist (US)

TD Bank•Jacksonville, FL

1d•Onsite

About The Position

The FCRM Testing Specialist is responsible for independently leading all phases of the assigned testing review from end-to-end (scoping, fieldwork, reporting, and supervisory checklist) in line with the procedure with the support from the Team Lead and Team Members, including review of final test papers. The role provides subject matter expertise on FCRM controls / processes. This role executes testing activities independently and assumes leadership of a review with support from a Testing Lead. The role is considered to be subject matter experts in FCRM testing standards and objectives and provide guidance to various team members and stakeholders. They develop and are accountable for testing documentation and results reporting in-line with requirements. This role utilizes advanced understanding of the Banks financial crimes obligations and requirements to effectively execute their work. It also utilizes advanced understanding of the use of controls for managing financial crimes risk to independently evaluate complex controls and serve as SME on developing recommendations for enhancements. The role is considered a subject matter expert in FCRM technologies (e.g., Transaction Monitoring system, Sanctions screening system) and has advanced knowledge of testing process and industry best practices. They undertake and complete a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes, and execute on more complex and/or non-standard requests. The FCRM Testing Specialist independently performs concurrent multiple FCRM reviews and related tasks from end-to-end and reports to the Team Lead all issues, escalations, or testing review concerns. They may act as the highest point of Review Team escalation for resolution and provide direction to resolve issues or escalate.

Requirements

Undergraduate degree or equivalent work experience
7+ years experience
Applicants must have authorization to work in the United States without current or future need for TD sponsorship
Advanced knowledge of testing process and industry best practices
Ability to apply subject matter expertise in the discipline, provide guidance, assistance, and direction to testing team members.
Ability to assess/identify key issues and escalate to appropriate levels and relevant stakeholders.
Ability to keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank.
Ability to maintain a culture of risk management and control, supported by effective processes through FCRM testing.
Ability to develop and provide reporting, analysis, and assessments at the functional or enterprise level.
Ability to support presentations / communications to management or broader audience.
Ability to participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interest.
Ability to provide thought leadership and/or industry knowledge for own area of expertise and participate in knowledge sharing with the team and/or business unit.
Ability to keep current on emerging trends / developments and grow knowledge of the business, related tools and techniques.
Ability to participate in personal performance management and development activities, including potential cross training within own team.
Ability to keep team members informed and up to date about the status / progress of projects and/or all relevant or useful information related to day-to-day activities.
Ability to develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Ability to contribute to a fair, positive and equitable environment that supports a diverse workforce.
Ability to act as a brand ambassador for your business area/function and the bank, both internally and/or externally.

Nice To Haves

5 years experience in Auditing/Testing/Issue Management
Certified Anti-Money Laundering Specialist (CAMS) certification

Responsibilities

Independently lead all phases of assigned testing review from end-to-end (scoping, fieldwork, reporting, and supervisory checklist).
Provide subject matter expertise on FCRM controls / processes.
Execute testing activities independently and assume leadership of a review with support from a Testing Lead.
Develop and be accountable for testing documentation and results reporting in-line with requirements.
Utilize advanced understanding of the Banks financial crimes obligations and requirements to effectively execute their work.
Utilize advanced understanding of the use of controls for managing financial crimes risk to independently evaluate complex controls and serve as SME on developing recommendations for enhancements.
Act as subject matter expert in FCRM technologies (e.g., Transaction Monitoring system, Sanctions screening system).
Undertake and complete a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes.
Execute on more complex and/or non-standard requests.
Independently perform concurrent multiple FCRM reviews and related tasks from end-to-end.
Report to the Team Lead all issues, escalations, or testing review concerns.
Act as highest point of Review Team escalation for resolution and provide direction to resolve issues or escalate.
Execute and manage testing activities in accordance with established standards and strategic direction to achieve completion within targeted timelines.
Conduct skilled analytical research and analysis as part of the testing engagement and initiatives.
Present objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements.
Execute follow-up on findings raised from testing reviews in accordance with established standards.
Assist in evaluation of FCRM controls and processes by understanding risk identification, risk analysis, and risk mitigation according to regulatory requirements and best business practices.
Develop strong relationships and work collaboratively with key stakeholders.
Own the review of the testing engagement, including all steps of the end-to-end testing process, which encompasses the communication and reporting of results.
Proactively identify matters which require additional attention, further escalation, or review, and liaise with the appropriate staff to resolve.
Prioritize and manage own workload to deliver quality results and meet assigned timelines.
Contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve efficiencies within FCRM reviews.
Adhere to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines.
Clearly and concisely document research as required to understand requirements specific to an engagement.
Protect the interests of the organization – identify and manage risks, and escalate non-standard activities high-risk transactions/activities as necessary.
Apply subject matter expertise in the discipline, provide guidance, assistance, and direction to testing team members.
Actively maintain relationships within and across various business lines, corporate and/or control functions, and drive alignment with enterprise and/or regulatory requirements.
Assess/identify key issues and escalate to appropriate levels and relevant stakeholders.
Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank.
Maintain a culture of risk management and control, supported by effective processes through FCRM testing.
Develop and provide reporting, analysis, and assessments at the functional or enterprise level.
Support presentations / communications to management or broader audience.
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interest.
Provide thought leadership and/or industry knowledge for own area of expertise and participate in knowledge sharing with the team and/or business unit.
Keep current on emerging trends / developments and grow knowledge of the business, related tools and techniques.
Participate in personal performance management and development activities, including potential cross training within own team.
Keep team members informed and up to date about the status / progress of projects and/or all relevant or useful information related to day-to-day activities.
Develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive and equitable environment that supports a diverse workforce.
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally.

Benefits

Base salary
Variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition
Training programs
Online learning platform
Mentoring programs