Senior FCRM Testing Analyst (4705)

TD•Toronto, ON

3d•Onsite

About The Position

TD is seeking a Senior FCRM Testing Analyst to execute testing engagements in accordance with established standards, conduct analytical research, and collaborate with key partners. The role involves providing an independent opinion on processes and controls, following up on findings, and offering subject matter expertise on Financial Crime Risk Management (FCRM) controls and processes. The analyst will also contribute to projects and initiatives, identify matters requiring attention, and liaise with appropriate groups for resolution. This position requires managing workload independently, adhering to internal policies and regulatory requirements, understanding business unit operations to identify FCRM risks, and documenting research clearly. The role also involves staying updated on emerging trends, managing relationships across business lines, and communicating results effectively to management and stakeholders, while fostering a culture of risk management and control.

Requirements

Undergraduate degree or equivalent work experience
5+ years experience
Knowledge of current and emerging trends, risk and typologies of money laundering, terrorist financing and sanctions.

Responsibilities

Execute testing engagement work in accordance with established standards to achieve completion within targeted timelines.
Conduct skilled analytical research and analysis as part of the assigned testing objectives.
Work collaboratively with key partners throughout the testing engagement.
Present objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements.
Execute follow-up of findings raised from testing reviews in accordance with established standards.
Provide subject matter expertise on FCRM controls and processes and/or input to projects/initiatives as a representative for area of the FCRM testing function.
Proactively identify matters which require additional attention, further escalation, or review, and liaise with the appropriate groups to resolve.
Prioritize and manage own workload to deliver quality results and meet assigned timelines.
Contribute to the analysis, due diligence, and implementation of initiatives within defined assignments.
Adhere to internal policies, standards and procedures, methodologies, and applicable regulatory requirements.
Understand the operations of the business unit/area being tested and to identify potential FCRM risks and apply information to complete.
Clearly and concisely document research as required to understand requirements specific to an engagement.
Keep abreast of emerging trends/developments and changes to regulatory framework, internal policies, and standards.
Knowledge of current and emerging trends, risk and typologies of money laundering, terrorist financing and sanctions.
Actively manage relationships within and across various business lines, corporate and/or control functions, and ensure alignment with enterprise and/or regulatory requirements.
Effectively communicate results to FCRM Testing management and the stakeholders.
Maintain a culture of risk management and control, supported through FCRM testing.
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.
Works Independently as a subject matter expert regarding assigned testing areas and objectives, including related regulatory requirements.
Develops testing documentation and results reporting in-line with testing requirements.
Understands the use of controls for managing financial crimes risk and applies this understanding to independently evaluate controls effectiveness and develop recommendations for enhancement.
Undertake and complete a variety of projects and initiatives as part of the testing function.