Senior Risk Analyst - 2LoD Controls Testing and Oversight

TD • Mount Laurel, NJ

1d • Onsite

About The Position

The Senior Group Risk Analyst provides a broad range of research, analysis, reporting, monitoring and/or operational process support within a defined area of function. Supports business by providing expert guidance/advice on a range of risk related matters within assigned or own area of specialization. The Senior Group Risk Analyst may support and/or provide oversight, commentary, and strategy analysis in connection to team and/or individual initiatives. TD Bank is guided by the Three Lines of Defense (LOD) Risk Framework: Risk Ownership (1LOD), Risk Oversight (2LOD), and Internal Audit (3LOD). The second line is independent of the business and provides policies, standards, and methodologies, with authority to assess and challenge the first line’s adherence to those expectations. In this role, you will support the scoping and execution of independent 2LOD controls testing across business processes and technology platforms, and contribute to regulatory and internal risk reporting.

Requirements

• Undergraduate degree or technical professional certification
• 5+ years relevant experience
• Proficient knowledge of risk management, programs, policies, practices & reporting for business supported and/or area of discipline
• Understanding and experience with various programing tools
• Knowledge of risk management environment, standards, regulations and mitigation
• Knowledge of current and emerging competitor and market trends
• Ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives
• Advanced skill in using analytical software tools, data analysis methods and reporting techniques
• Skill in using computer applications including MS Office
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgement in making decisions
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to handle confidential information with discretion
• Bachelor’s degree required
• 5+ years of experience in operational risk, risk management, internal audit, compliance testing, or related roles within financial services
• Ability to interpret guidelines, standards, policies, and analysis results to inform decisions and provide effective challenge at senior levels
• Ability to work with large datasets and apply data analytics to support testing, insights, and reporting
• Strong attention to detail and a demonstrated ability to identify root causes behind issues and observations
• Strong analytical, problem-solving, and organizational skills
• Confidence to challenge the status quo and navigate difficult conversations with professionalism and tact
• Strong written and verbal communication skills, with the ability to build and maintain effective working relationships across functions

Nice To Haves

• Advanced degree and/or relevant certifications (e.g., CRISC, CISA, CIA, CPA, FRM, CFA) preferred
• Experience using Microsoft Copilot and other approved generative and agentic AI tools to automate and improve tasks and processes
• Experience with any of the following reports is a plus: FR 2052a, US LCR, US NSFR, FR Y9C, Call Report, FR Y-15, FR Y-14Q/M, FR Y-14A (CCAR, DFAST)
• Business Banking experience is an asset

Responsibilities

• Utilizes expertise to exercise sound and expert independent professional judgement and discretion in interacting and communicating with staff and senior management of the Bank with respect to regulatory risk and other matters
• Empowered to make prudent professional recommendations - in rendering advice and counsel to business lines or assigned area and risk which impact performance of the business and overall enterprise strategies and objectives
• Integrates the broader organizational context into advice and solutions within own functional area
• Understands the industry, competition and the factors that differentiate the organization
• Acts as the primary subject matter expert and expected to make sound decisions in setting standards within area of expertise
• Applies expert knowledge and best practices to implement process, product or service improvements
• Oversees and/or independently performs tasks from end to end
• Acts as a subject matter expert within own area of specialty or as a resource for others
• Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs
• Executes on complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders
• Recommends and implements solution within own are or responsibility that impact the strategies and objectives of the department
• Uses advanced methods to contribute to new solutions and recommends standards against which others will operate
• Impacts a high level of complexity in operational/reporting/process and/or analysis function requiring medium to longer term focus.
• Provides advanced analysis and/or specialized reporting to support business partners, functional areas or centers of expertise.
• Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels
• Works independently as the senior technical lead and guides others within area of expertise
• Identifies and leads problem resolution for complex issues at all levels
• Execute independent 2LOD testing of business and technology controls, including test planning, fieldwork, and documentation
• Execute independent testing in the following areas: Control Design & Operating Effectiveness, Transactions Testing, Data Reconciliations, Logic Reperformance, Data Profiling/Analytics, End-User Computing (EUC) Review, Policy & Procedure Review, Governance/Oversight, and Regulatory Rule Compliance
• Identify opportunities to streamline and automate controls testing (where appropriate), including through the use of generative AI, agentic AI, and RPI
• Support maintenance of the testing inventory and update the testing universe and test plans based on regulatory developments and changes in the internal risk profile
• Partner with business and technology stakeholders to discuss key controls, potential control gaps, root causes, and remediation plans
• Assess processes and controls end-to-end and connect themes across issues to drive standardization of solutions, processes, and control design
• Monitor emerging risk and regulatory trends, identify issues and opportunities, and recommend actions to management
• Manage deliverables proactively and provide clear, timely status updates, risks, and dependencies to management
• Perform ongoing risk analysis, escalate concerns appropriately, and support concise reporting for internal governance and regulatory needs
• Develops and operationalizes standards, policies and processes to identify, report and mitigate overall risk exposures within the business
• Proactively analyzes potential risks and ensures key risks are aggregated/escalated to appropriate areas
• Supports ongoing risk measurement activities by acquiring, analyzing and reporting business operational or relevant loss data
• Establishes and provides regular risk analysis and reporting on operational loss performance of the business
• Supports business with analysis and reporting on risk issues and their impact which may include scenario analysis
• May be responsible for coordinating business continuity management (BCM) processes and supporting regulatory/compliance related initiatives impacting overall risks to the business (e.g. CDIC, anti-money laundering)
• Supports established enterprise-wide risk escalation, review and approval processes, data management, policies and risk assessment processes
• Contributes to the monitoring of Key Risk Indicators through the identification of key risk drivers for the business
• May also monitor/report on compliance, management, and strategic initiatives
• Provides regular commentary and industry analysis in supporting the development/maintenance/oversight of policies/procedures/practices
• Adheres to enterprise frameworks or methodologies that relate to activities for our business area
• Ensures respective programs/policies/practices are well managed, meet business needs, comply with internal and external requirements, and align with business priorities
• Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
• Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
• Participates in cross-functional/enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations
• Conducts internal and external research projects; supports the development/delivery of presentations/communications to management or broader audience
• Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations and assess the effectiveness of programs/policies/practices
• Monitors service, productivity and assesses efficiency levels within own function and implements continuous process/performance improvements where opportunities exist
• Leads/facilitates and/or implements actions/remediation plans to address performance/risk/governance issues
• Actively manages relationships within and across various business lines, corporate and/or oversight functions and ensures alignment with enterprise and/or regulatory requirements
• Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts
• 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 ensures 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
• 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

Benefits

• base salary
• variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• 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

What This Job Offers

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