Governance & Control Lead - Regulatory Compliance, Business Banking

TD•Toronto, ON

2d•Onsite

About The Position

The Business Banking Governance & Control (BBG&C) team acts as the 1st Line of Defense (1B) in TD's "Three Lines of Defense" model to risk management. We work with Control Partners to ensure appropriate control frameworks are implemented within Business Banking (BB) that are designed to effectively and proactively mitigate operational and regulatory risk. We are also responsible for completing quality control testing activities to ensure appropriate compliance to regulations and business processes.

Requirements

Minimum 7+ years related experience
Previous Audit, AML, Regulatory Compliance Testing or 1st Line Controls Testing experience with in-depth knowledge of business processes within Banking industry is considered asset
Detail oriented and strong analytical skills, with experience in collecting and organizing information
Strong written and verbal communication skills
Ability to exercise sound judgement in making decisions
Ability to work independently and collaboratively to build relationships across teams and functions
Proficient knowledge of governance, risk and control procedures, strategies & tactics
Effective time management, multi-tasking and organizational skills to meet tight timelines and adapt to changing priorities.
Skill in using MS Office, with advanced proficiency in using Microsoft Excel

Nice To Haves

A business or finance degree is an asset
Certification(s) relating to Risk or Audit e.g. CRM, CISA, CIA, CPA is an asset

Responsibilities

Manage and assist on a set of business governance and control programs requiring coordination across multiple areas and business stakeholders in support of the overall business strategy and execute governance and control activities in accordance with established standards.
Lead the periodic refresh of AML/RCM controls.
Manage the intake & assessment of risk incidents / potential issues from AML/regulatory impact standpoint.
Incident tracking and managing the Issues lifecycle by coordinating with various stakeholders to ensure timely escalation/reporting, remediation, and closure of these issues.
Provide subject matter expertise on Business Banking Regulatory Compliance/AML.
Execute governance and control testing activities in accordance with established standards and testing programs.
Provide specialized business governance and control related advice/support to management / leadership and respective teams for area(s) of specialization
Interprets guidelines, standards, policies, and results of analysis to inform decision making at senior levels.
Review processes and controls and “connect the dots” across issues and control deficiencies to increase standardization of solutions, processes and controls
Exercise discretion in managing correspondence, information, and all matters of confidentiality.
Keep management informed about the status / progress of testing and completion of testing within assigned timeframes
Foster a positive work environment and contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.