Senior Manager, Centralized Governance & Control - AML Testing/QA (US)

TD•Mount Laurel, NJ

1d•$115,440 - $186,160•Onsite

About The Position

This role oversees and leads a highly complex and diverse governance and control function for an area of significant risk, complexity or scope usually involving medium to long term planning, ensuring an integrated approach with other governance and control areas, the broader organization and enterprise control functions. This position will be responsible for leading, developing, and executing activities within the Centralized Governance & Controls (CG&C) AML testing and Quality Assurance (QA) program, including AML/CTF (KYC, CIP, etc.), Sanctions, and Anti-Bribery coverage for first line owned functions. The individual in this role will be accountable for leading and providing oversight testing and quality assurance reviews to ensure operational risk and compliance requirements related to financial crimes are adhered to and supporting the results with robust workpaper documentation, as well as leading a team of high-performing individuals.

Requirements

Undergraduate degree preferred
Deep industry and business knowledge and expertise on risk and control functions
10+ years of relevant experience

Nice To Haves

Experienced in audit, testing, and/or QA/QC experience using standard risk testing or audit techniques (transactional testing, control testing, re-performance testing, adherence testing, and more)
Prior experience in developing, overseeing, and performing process deep-dives to assess the adequacy of risk mitigations for financial crimes risk in order to identify assurance testing needs.
Demonstrated experience in testing/auditing/QA of AML (CIP, KYC, etc.), Sanctions, and/or Anti-Bribery Anti-Corruption.
Experience in communicating adverse testing/audit results and drafting issue writeups.
Demonstrated experience leading a team of high-performing individuals

Responsibilities

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Oversees and leads a highly complex and diverse function for an area of significant risk, complexity or scope while growing talent, developing skills and capabilities to achieve career goals, supports project / initiative success and achieve business results
Manages and oversees the overall discipline and strategy for the respective areas while aligning to the enterprise best practices
Provides coaching, mentorship and guidance to practitioners, business, executives within area of expertise
Strategic partner to leadership team on the management of the function, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and; identifying operational efficiencies and opportunities with other business management / enterprise areas
Sets operational team direction and collaborate with others to execute on common goals
Focuses on longer-range planning for functional area
Provides direction to complex, wide-ranging enterprise or cross-function / business projects as a SME and participates in designing, testing, and implementation of solutions
Develops, communicates and implements a holistic governance and control strategy for own specific business function in support of and integrated with the overall business strategy
Manages and plans activities that require alignment across multiple areas
Leads the implementation of regulatory change management and provides guidance to the team in the development and/or integrated implementation of policies / procedures / changes across multiple business / functional areas
Leads partnership with management and respective teams for area of specialization with industry, enterprise, and business awareness; recognizing and anticipating emerging trends and identifying issues and opportunities and recommending actions to senior management
Ensures all administration, control and compliance activities are complete and accurate to meet targets for own area
Ensures an integrated and aggregated view of all related business risk and control activities across the overall function providing escalations, recommendations, and decision support to leadership
Forecasts programs / initiatives and demand, and coordinates prioritization of the portfolio / initiatives with key stakeholders
Provides functional / business level communications to ensure messages to stakeholders and/or employees are consistent, appropriate and aligned to business risk strategies and executive management direction
Works closely with senior management to develop business plan, ensuring the optimal use of resources and leverage TD’s operating model to maximize efficiency, effectiveness and scale
Leads interface and relationships with control functions to ensure alignment with enterprise and/or regulatory requirements
Assesses / identifies key issues and escalates to appropriate levels and relevant stakeholders and business management where required
Identifies, mitigates and reports on risk issues per enterprise policy / guidance and ensures appropriate escalation processes are followed
Ensures business operations are in compliance with applicable requirements (e.g. financial controls, segregation of duties, and physical control of assets)
Leads or contributes to cross-functional / enterprise initiatives as a SME helping to identify risk / provide guidance for complex situations
Manages oversight process, risk-based identification and monitoring of related risks and regulatory compliance across the supported functions, while ensuring key controls and processes are effectively managed
Oversees or leads the facilitation and/or implementation of action / remediation plans to address performance / risk / governance issues
Protects the interests of the organization – identifies and manages risks, and escalates non-standard activities as necessary
Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite
Responsible for management of the overall team providing both leadership, guidance, and expertise; ensures team adheres to enterprise frameworks and methodologies
Supports team in staying knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank
Leads a high performing team; provides on-going feedback and performance reviews, coaches and develops employees and ensures performance management activities are undertaken and completed for all employees
Leads the process of setting performance objectives for the team; tracks, monitors and effectively addresses and/or rewards performance in a timely manner
Manages employees in compliance with all human resources policies, procedures and guidelines of conduct
Supports an environment where team freely escalates business challenges; facilitates change through positive reinforcement of milestones and successes
Recruits for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
Establishes and fosters a cohesive team; promotes a fair and equitable environment that supports a diverse workforce and encourages the team to achieve common goals and objectives
Acts as a brand ambassador for your business area / function and the bank