FCRM Testing Specialist (US)

TD • Vienna, VA

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. Works independently as review owners in executing reviews from end-to-end and provides direction to others. Considered to be subject matter experts in FCRM testing standards and objectives and provide guidance to various team members and stakeholders. Develops and is accountable for testing documentation and results reporting in-line with requirements. Utilizes advanced understanding of the Banks financial crimes obligations and requirements to effectively execute their work. 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. Considered subject matter expert in FCRM technologies (e.g., Transaction Monitoring system, Sanctions screening system). Advanced knowledge of testing process and industry best practices. Undertakes and completes a variety of complex projects and initiatives requiring specialist knowledge and/or the integration of cross functional processes. Executes on more complex and/or non-standard requests. Independently performs concurrent multiple FCRM reviews and related tasks from end-to-end. Reports to the Team Lead all issues, escalations, or testing review concerns. May act as highest point of Review Team escalation for resolution and provides direction to resolve issues or escalate.

Requirements

• Undergraduate degree or equivalent work experience
• 7+ years experience
• 5 years experience in Auditing/Testing/Issue Management
• Applicants must have authorization to work in the United States without current or future need for TD sponsorship

Nice To Haves

• A Certified Anti-Money Laundering Specialist (CAMS) certification is highly desired.

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.
• Utilize advanced understanding of the Banks financial crimes obligations and requirements.
• 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.
• Considered 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

• Growth opportunities and skill development
• Base pay may vary based upon candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
• 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
• Competitive benefits plan
• Online learning platform
• Mentoring programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree
• Number of Employees: 101-250 employees