Senior Compliance Testing Analyst (US)

TD Bank•Charlotte, NC

1d•Onsite

About The Position

At TD Bank US Compliance, we're on a mission to build a more resilient and scalable compliance risk management function. As part of our team, you'll play a key role in reshaping compliance structures and processes, driving innovation at every level. Here, each team member has a chance to make a tangible impact – both in day-to-day operations and in the design of a future-focused compliance program. This not just about implementing a new program – it's about creating a culture of compliance that will cascade throughout the organization. The ideal candidate will thrive in a fast-paced, start-up-like setting as we build a new compliance structure that aligns with the bank’s size, complexity, and risk profile. In this role, you’ll need to be strategic, tactical, collaborative and creative in your approach. You will manage day-to-day operations while also helping design and implement a forward-thinking compliance program for the future. Beyond technical expertise, we’re looking for someone with an entrepreneurial mindset—someone who can "roll up their sleeves", takes the initiative and can anticipate needs before they arise. A comfort level with ambiguity and the ability to excel in a dynamic, evolving landscape are essential as the US Compliance team redefines the bank's compliance program and structure. Most importantly, the right candidate is seeking an intellectual challenge, has a desire to learn, and is committed to building something impactful from the ground up. At TD Bank, you’ll have the unique opportunity to help shape the future of the bank while collaborating with a team of enthusiastic colleagues dedicated to setting new industry standards. U.S. Compliance Monitoring and Testing Team Summary: U.S. Compliance Monitoring and Testing sits within second line Compliance and is responsible for the execution of independent, risk-based compliance testing and validation activities to assess the effectiveness of operational procedures and controls related to regulatory compliance within business units of TD Bank and its affiliates. Testing activities are designed and executed to specifically test and assess controls and regulatory outcomes in relation to compliance with applicable laws, rules, and regulations. Issue validations are the independent assessment of the appropriateness, completeness, effectiveness, and sustainability of corrective actions taken to address situations defined as issues. The Senior Compliance Testing Analyst is responsible for executing independent testing and validations as part of the second line of defense to assess regulatory compliance of businesses and/or operational units across the Bank in accordance with U.S. Compliance Monitoring and Testing's approved testing and validation methodology. This individual will be primarily responsible for performing issue validations as part of a larger testing and validation team but will also serve in a cross functional capacity to assist in testing when needed. The Senior Compliance Testing Analyst executes independent testing of Compliance controls/systems for assigned businesses and operational units across the Bank along with providing expertise on Compliance controls/processes. May assume leadership of a part of the engagement and have responsibility for completion of a phase of the engagement.

Requirements

Undergraduate degree or equivalent work experience
5+ years of experience
Prior testing, audit or business operations experience in areas involving regulatory compliance.
Prior experience with execution of testing, validation or audit activities.
Detail oriented and well-developed organizational, time management and project management skills.
Strong verbal and written communication skills.
Ability to manage multiple tasks and competing priorities.
Proficiency with Microsoft Office applications.

Responsibilities

Executes independent testing and validations as part of the second line of defense to assess regulatory compliance of businesses and/or operational units across the Bank in accordance with U.S. Compliance Monitoring and Testing's approved testing and validation methodology.
Primarily responsible for performing issue validations as part of a larger testing and validation team but will also serve in a cross functional capacity to assist in testing when needed.
Executes independent testing of Compliance controls/systems for assigned businesses and operational units across the Bank along with providing expertise on Compliance controls/processes.
May assume leadership of a part of the engagement and have responsibility for completion of a phase of the engagement.
Exercises sound and expert independent professional judgment and discretion in interacting and communicating with staff and senior management of the Bank with respect to regulatory compliance and risk matters.
Independently researches, reviews, and maintains expertise on banking regulations and laws, banking policies and procedures, and consumer protection laws.
Acts as a subject matter expert for regulations applicable to business partners and provides guidance and advice with respect to the business partners' compliance with such regulations directly related to the operations of the business.
Works independently to learn regulatory requirements tied to business units assigned for review, helps develop test steps to test the business line against these regulatory requirements, performs complex analysis/testing of the business line controls/processes, summarizes the results of testing, and analyzes the results to identify areas of improvement to be discussed with the business lines.
Assists management in writing findings as applicable to address areas of improvement identified during independent testing and assists management in presenting these findings to business line staff and senior management.
Oversees and/or independently performs assigned work from end to end.
Executes more complex and/or non-standard assignments as requested.
Executes testing engagement work in accordance with established standards to achieve completion within target timelines.
Conducts skilled analytical research and analysis as part of the testing engagement and initiatives.
Works collaboratively with key Compliance and business line partners throughout the testing engagement.
Identifies potential errors following testing standards.
Executes validation of findings raised from testing engagements in accordance with established standards.
Proactively identifies matters which require additional attention, further escalation, or review.
Prioritizes and manages own workload to deliver quality results and meet assigned timelines.
Contributes to the analysis, due diligence, and implementation of initiatives within defined area of responsibility.
Adheres to internal policies, standards and procedures, methodologies, and applicable regulatory requirements to contribute to the review of internal processes and activities and assists in identifying potential opportunities to improve the Compliance Management System.
Understands the operations of the business unit/area being tested and to identify potential Compliance risks and apply information to complete a quality, risk based engagement.
Clearly and concisely documents research as required to understand requirements specific to an engagement.
Keeps abreast of emerging trends/developments and changes to regulatory framework, internal policies, and standards.
Provides analysis on issues and effectively communicates results to Compliance Testing management and assists management in communicating results to the client.
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and promotes timely communication of issues/points of interest.
Provides thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit.
Keeps current on emerging trends/developments and grows knowledge of the business, related tools and techniques.
Participates in personal performance management and development activities, including cross training within own team.
Keeps others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities.
Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences, and leveraging best practices.
May provide coaching to other team members as appropriate.
Leads, motivates, and develops relationships with internal and external business partners/stakeholders to develop productive working relationships.
Contributes to a fair, positive and equitable environment that supports a diverse workforce.
Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally.